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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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European banks believe EU SEPA instant payment timelines unrealistic

27 Mar 24 @ 19:12

New research from RedCompass Labs, reveals that 58% of European banks that do not currently offer instant payments believe the timelines set out by the EU in the new SEPA Instant payments... read more

Majority of online retailers leave +40% of chargebacks undisputed

26 Mar 24 @ 18:15

Riskified has released Chargeback Challenges and What You Can Do About Them: Global Insights 2024, a survey conducted in partnership with Paladin Fraud of over 300 e-commerce chargeback managers worldwide... read more

Visa and Mastercard end long running US interchange fee battle

26 Mar 24 @ 15:51

Visa and Mastercard have agreed to cut their US interchange fees in what the two companies hope will be a landmark settlement that merchants say will save them $30 billion... read more

UK credit card market report 2024

26 Mar 24 @ 15:30

According to the FICO UK Credit Card Market Report for January 2024, consumer credit behaviour followed typical start-of-year patterns. Spending fell by 8.6% post-Christmas, while consumers increased their payments to balance... read more

Top scams impacting consumers and businesses globally

25 Mar 24 @ 17:18

Visa has released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top scams impacting consumers and businesses around the world. The report points to increasingly organized,... read more

Mastercard signs international remittances deal with Alipay Wallet

25 Mar 24 @ 16:53

Mastercard has continued to expand its cross-border remittance reach with a new connection to Alipay, China’s leading digital wallet, making it one of the fastest-growing cross-border payment offering. The move... read more

Digital wallets lead a new era in global payments

25 Mar 24 @ 10:41

The 2024 edition of The Global Payments Report from Worldpay shows digital wallets continuing their lead as the world’s fastest-growing payment method. Last year, wallets accounted for 50% of global... read more

Fighting Big Tech – banking’s biggest threat

22 Mar 24 @ 17:06

As funding dries up for neo-banks and questions arise over their capacity to secure account balances from the many customers who have opened digital-only accounts in recent years, it looks... read more

Global Payments Report 2024: Digital wallets to hit $25 trillion

22 Mar 24 @ 14:25

The continued rise of digital wallets is heralding a golden age in payments, marked by the swift adoption of new technologies and driven by consumer preference according to new research... read more

Crédit Agricole and Worldline announce the launch of their JV

22 Mar 24 @ 13:59

Back in April of 2023 Payments Cards & Mobile reported that Worldline and Crédit Agricole announced the signing of a non-binding exclusive agreement regarding a strategic partnership to create a major player... read more

Mobile financial services critical for future MNO growth

21 Mar 24 @ 19:57

Ericsson has released a new report providing insights into the dynamics of Mobile Financial Services (MFS) and transformative opportunities for Mobile Network Operators (MNOs) globally. The What Will Drive Mobile... read more

Cross-border surge: 54% of consumers increase international shopping

21 Mar 24 @ 18:10

While 54% of global consumers expect to increase their cross-border purchasing over the next six to 12 months, they need flexibility and transparency in the digital payment experience to make... read more

MoneyGram enable cardless money transfers from Europe

21 Mar 24 @ 15:10

MoneyGram International has teamed up with Trustly. Through this strategic alliance, MoneyGram will introduce cardless money transfer payments for millions of its users across Europe. When sending international money transfers... read more

Rise of Pay by Bank – Consumer willingness to embrace new payments

20 Mar 24 @ 17:37

The way consumers pay is changing, and Pay by Bank is emerging as an appealing choice, ranking as a top three payment method in the UK, Netherlands, Finland, Spain and... read more

“Peak payment card” might be closer than we think

20 Mar 24 @ 17:08

Last year, US merchants paid a record $161 billion in processing fees to accept nearly $11 trillion in payment cards value according to the Nilson Report, which also notes that the... read more

New super chips to push AI further, faster

20 Mar 24 @ 13:36

The chief executive of Nvidia, Jensen Huang, took to the stage at its annual developer conference displaying the Blackwell GPU and announced that the Blackwell graphics processing units would massively... read more

Generative AI threats driving momentum for biometric identity

19 Mar 24 @ 18:13

By 2026, attacks using AI-generated deepfakes on face biometrics will mean that 30% of enterprises will no longer consider such identity verification and authentication solutions to be reliable in isolation,... read more

Levelling up: Payments power the gaming industry

19 Mar 24 @ 17:38

Gamers want to enjoy their favourite activity without the hassle of complicated payments processes, while publishers and distributors need to efficiently manage transactions and ensure security. But dynamic and integrated... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more