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Trustly achieves 79% growth fuelled by Open Banking demand

17 Apr 24 @ 15:00

Trustly has announced a year of exceptional growth and enhanced market influence across sectors. In 2023, Trustly saw a significant surge in its transaction value, achieving a 79% increase to... read more

Trends to watch in 2024: Tap to Pay and more…

16 Apr 24 @ 17:00

With more than one in three UK adults now registered for some kind of mobile payments service according to UK finance, experts predict we’re going to see growing numbers of... read more

75% of banks admit they need to modernise their core systems

16 Apr 24 @ 15:15

A new Retail Banking Report explores financial institutions’ (FIs) strategies for meeting customer demand, and uncovers that the majority (75%) are struggling to take advantage of new payment offerings and... read more

As instant payments connect across Asia and EU, banks must prepare

16 Apr 24 @ 09:40

The Economist Intelligence Unit says[1] Asia’s instant payment schemes are linking up to create faster economic growth for economies across the region, with some European markets following suit. Download the... read more

The smart ecosystem: Smart and smarter wallets

15 Apr 24 @ 17:03

Jamie Smith, commenting on Vitalik Buterin’s “proof of personhood” discussions (which serve to highlight the central importance of digital identity in the new economy), notes that innovation is “so often... read more

Global retail sector lost $429 billion to payments fraud

15 Apr 24 @ 12:30

Adyen has published new research revealing the billions the global retail sector lost to payments fraud and fraudulent activity. Working alongside the Centre for Economic Business and Research (Cebr), Adyen... read more

Viva.com partners with BANCOMAT to accept PagoBANCOMAT

15 Apr 24 @ 11:08

Viva.com and BANCOMAT have announced a strategic partnership for Viva.com to enable its Italian merchant network to accept PagoBANCOMAT, shortly followed by BANCOMAT Pay. Future plans include strategic expansion of... read more

Web accessibility lawsuits pose threat to UK e-commerce

12 Apr 24 @ 16:07

For UK e-commerce companies, ignoring website accessibility is an increasingly costly gamble. Even if you can merely ship or sell products into the United States, you could be on the... read more

Project Agorá: Major project to tokenise cross-border payments

12 Apr 24 @ 13:09

The Bank for International Settlements (BIS) together with seven central banks has announced plans to join forces with the private sector to explore how tokenisation can enhance the functioning of... read more

Top 10 merchant acquirers processed $9.5 trillion in payment card volume

12 Apr 24 @ 12:32

TSG (The Strawhecker Group), an analytics and intelligence firm in the payments industry, has worked with payments companies to compile the industry’s most comprehensive resource on merchant acquirers. Collectively, the... read more

CBDCs – Central Banks losing heart?

11 Apr 24 @ 16:24

The havoc to crypto payrolls caused by Binance’s decision to stop supporting the BUSD token shows how quickly a decision by one actor can upset an entire ecosystem. As Central... read more

Mastercard plans to raise Acquirer Brand Volume fees

11 Apr 24 @ 15:55

Just weeks after reaching a landmark $30 billion settlement on interchange fees designed to provide relief to retail businesses, Mastercard appears to be planning to increase certain credit card fees... read more

Pan-European Confirmation of Payee ready by December

11 Apr 24 @ 15:32

Yesterday we reported on the efficacy of the UKs Confirmation of Payee (CoP) program reaching 2 billion check. Now EBA CLEARING has announced it will provide its CoP service at... read more

Persistent challenges: the hindrance of legacy systems in reconciliation

10 Apr 24 @ 16:08

In the past manual reconciliation processes have sufficed but placing heavy reliance on such can lead to inefficiency. Currently, 84% of UK and US payment firms rely heavily on manual... read more

Confirmation of Payee reaches 2 billion checks in UK

10 Apr 24 @ 15:57

Pay.UK, the operator of the UK’s national retail payments system, announced that Confirmation of Payee (CoP), has reached 2 billion checks. This is a significant milestone and the volume of... read more

Instant payments significantly boost finances of young adults in Europe

10 Apr 24 @ 15:26

ACI Worldwide has revealed striking new data proving instant payments will boost the financial prospects of young adults in the EU. New research from the Centre for Economics and Business... read more

BANCOMAT and Nexi partner on a new centralized payment infrastructure

09 Apr 24 @ 15:53

BANCOMAT and Nexi have signed a contract for the creation of a new centralised technological infrastructure that will allow BANCOMAT to autonomously manage and optimise the offer of innovative and... read more

Alipay+ builds out International Consumer Friendly Zones program

09 Apr 24 @ 15:13

Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, is set to launch a nationwide program to build International Consumer Friendly Zones across major Chinese... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more