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Phygital payments: increasing access for everyone

24 Jun 24 @ 16:47

Delivering accessible financial services for all citizens is not just the right thing: it’s increasingly a regulatory requirement. As part of our series on the phygital payments future powered by leading... read more

New debit card interchange fee bill introduced in USA

24 Jun 24 @ 14:02

Senator Ted Budd (R-NC) has introduced the Secure Payments Act, which would require the Federal Reserve to pause its Regulation II Debit Card Interchange Fee proposal until it completes a... read more

Neteller: The newest payment method sweeping across online casinos

24 Jun 24 @ 11:33

What is Neteller? Neteller is an e-wallet or an online payment method that enables its users to make payments for goods and services or transfer money online. Neteller was introduced... read more

Vipps MobilePay launch P2P payments across the Nordics

21 Jun 24 @ 10:53

Starting immediately, Vipps MobilePay has enabled the Nordic countries 11.6 million Vipps and MobilePay users in Denmark, Finland and Norway to send money to each other, only using a phone... read more

Synapse’s meltdown: A domino effect on BaaS and beyond

21 Jun 24 @ 10:28

Synapse, a prominent player in the Banking-as-a-Service (BaaS) industry, recently experienced a major crisis. This meltdown has sent shockwaves through the BaaS landscape, raising concerns about operational stability, financial viability,... read more

BIS survey: 94% of central banks exploring CBDC

19 Jun 24 @ 13:30

94% of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering... read more

E-commerce still growing more than twice as fast as POS worldwide

19 Jun 24 @ 11:30

This year’s Global Payments Report from Worldpay shows continued appetite for online shopping compared to Point of Sale (POS) payments – with implications for merchants, banks and payments intermediaries. Around the... read more

UK reaches 150 million issued contactless cards

19 Jun 24 @ 10:30

UK Finance has released its card spending data for March 2024, covering the monthly value and volume of transactions across debit and credit cards. The data shows the number of... read more

Has BNPL had its moment – Laybuy heads for receivership

18 Jun 24 @ 14:58

Just hours after Apple announced it will be withdrawing its Apple Pay Later product and replacing it with a more traditional financing model which includes a financial institution, Laybuy has... read more

Apple kills Apple Pay Later service in US

18 Jun 24 @ 09:05

Apple has been forced into an embarrassing about turn with its BNPL product, Apple Pay Later product, that only launched in the US last year. The cessation of the service... read more

Mastercard and Thought Machine accelerate core banking capabilities

18 Jun 24 @ 08:38

Mastercard and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver payments and core banking (critical back-end technology for product and account management and the customer... read more

The World is going cashless…but how quickly?

17 Jun 24 @ 16:18

In 2022 the use of cash declined by its largest margin in the history of cash. It was perhaps the largest decline on record at least since 650 BC. But... read more

Why sustainability is vital to phygital payments – but tough to achieve

17 Jun 24 @ 12:30

The third article in our series about the new phygital payments landscape, powered by leading PayTech specialists G +D, looks at the importance of sustainability to phygital payments, the progress... read more

2024 Digital Remittances Adoption Report

14 Jun 24 @ 11:41

Billions worth of currency travels around the world every second. And many of those billions come from individuals — not just from the trading of stocks from brokers in capital... read more

Digital pound at POS – no new infrastructure needed

14 Jun 24 @ 11:08

As part of the design phase for a digital pound, the Bank of England (the Bank) is conducting experiments and proofs of concept (PoC) in collaboration with private-sector innovators and... read more

BNP Paribas and BPCE announce plan for No.1 processor in France

14 Jun 24 @ 09:26

Following hot on the footsteps of Credit Agricole and Worldline, BNP Paribas and BPCE have negotiated a major new step for the French payments market by jointly acquiring new technology... read more

“Frankenstein” synthetic identities pose billion-pound fraud threat

13 Jun 24 @ 12:44

According to new LexisNexis Risk Solutions data, there are almost 3 million synthetic identities, known as Frankenstein identities, in circulation in the UK, preparing to strike. Synthetic identities exploit stolen... read more

Consumers moving at speed towards local payment methods – merchants should embrace the change

13 Jun 24 @ 09:53

A new white paper from local payment specialists, Boku adds to an emerging consensus that, across the world, consumers are beginning to turn their backs on card-based payments and card-linked... read more

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more