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The future of cross-border payments: Key market insights

05 Sep 24 @ 15:02

The global cross-border payments market is on track to hit $290 trillion by 2030, driven by rising international e-commerce, global workforce mobility, and the adoption of digital payment solutions, according... read more

North American banks bet big on technology to stay competitive

04 Sep 24 @ 16:55

The North America Banking Report by Temenos reveals a crucial shift in how North American banks are responding to the technological revolution. With 90% of banks in the region identifying... read more

Mastercard and Visa face £4 billion lawsuit over multilateral interchange fees

04 Sep 24 @ 09:56

Mastercard and Visa are facing collective lawsuits in the UK, over historical overcharging claims on multilateral interchange fees, with claims surpassing £4 billion. The Competition Appeal Tribunal has approved the... read more

UK regulator lowers APP fraud payout cap amid industry concerns

04 Sep 24 @ 09:39

The UK’s Payment Systems Regulator (PSR) is set to reduce the maximum compensation limit for APP fraud victims to £85,000, down from the originally proposed £415,000. This follows pressure from... read more

Klarna acquires Laybuy assets and will relaunch in New Zealand

03 Sep 24 @ 16:43

Laybuy, a BNPL provider which launched in 2017 and once boasted around 766,000 customers across the UK, Australia and New Zealand, put itself up for sale in April and was... read more

Zilch ad-subsidised payments network hits profitability

03 Sep 24 @ 16:31

As regular readers will be aware, we do not normally report on revenues of fintech’s, however, this is interesting…Zilch, the world’s first ad-subsidised payments network (ASPN), has announced its first... read more

Fime acquires Consult Hyperion

03 Sep 24 @ 09:55

Fime, a leader in consulting, testing, and certification services, has announced the acquisition of Consult Hyperion, a renowned consultancy firm with expertise across payments, smart mobility and digital identity. The... read more

AI and Cybercrime are the top fraud concerns for businesses

02 Sep 24 @ 17:03

Experian has released its 2024 Identity and Fraud Report revealing that generative AI (Gen AI), deepfakes and cybercrime are critical threats putting intensifying pressures on businesses. Top fraud concerns and... read more

Cross-border faster payment: Insights from Fed Governor Waller

02 Sep 24 @ 10:20

In a recent address at the Global Fintech Fest in Mumbai, Federal Reserve Governor Christopher Waller raised critical concerns about the potential risks associated with rapidly linking faster payment systems... read more

Finance and technology heavyweights join coalition to fight economic crime

02 Sep 24 @ 09:04

Some of the world’s leading finance and tech firms have come together to form a new industry coalition in the UK to fight economic crime through digital verification, the Centre... read more

A PSP of cake? Payment Service Provision in 2024

30 Aug 24 @ 13:28

We’ve heard it all before- it’s incredibly tough to differentiate and be successful in today’s PSP payments market. And yet there are boundless opportunities to cut through the noise and... read more

The future of digital payments in the UK: Innovation for growth

30 Aug 24 @ 09:15

The UK has made significant strides in digital payments, transitioning from cheques to real-time settlements via smartphones. However, the journey of innovation is far from complete. Countries like India, Brazil,... read more

Mastercard launches Payment Passkey Service in India

30 Aug 24 @ 09:03

Mastercard has chosen India for the global debut of its Payment Passkey Service, a ground-breaking solution aimed at securing online shopping by enhancing both security and convenience. Unveiled at the... read more

Adapting to consumer payment preference crucial for businesses

29 Aug 24 @ 10:51

The 2024 Xero Global Payments Report reveals a growing disconnect between the payment preference of consumers against those offered by small businesses. The report, based on surveys of over 6,000... read more

Open Banking market expected to reach $130.2 billion by 2032

29 Aug 24 @ 08:34

The Open Banking market is rapidly expanding, driven by the increasing adoption of digital banking and the demand for personalised financial services. Valued at $23.5 billion in 2023, the market... read more

The everyday work problems AI can help solve

29 Aug 24 @ 08:30

Do you feel as though a chunk of your day is spent dealing with meaningless tasks that don’t necessarily help you to achieve anything, but still have to be done?... read more

AI: A double-edged sword for Fortune 500 companies

28 Aug 24 @ 12:04

A few days ago Klarna made the announcement that it plans AI driven cuts to its workforce with plans to axe almost half of its staff, as the lossmaking Swedish... read more

How to fight fraud’s new industrial revolution

27 Aug 24 @ 15:33

A new white paper from Nexi Group says that as fraudsters professionalise and adopt sophisticated AI-led techniques, banks and fintechs need to fight back. Launched today, Nexi’s Fighting the new... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more