01 May 24 @ 16:32

Based on the latest public data from calendar year 2022 and analysis, we estimate that the total global purchase personal consumption expenditure, or PPCE, excluding Russia and China, was approximately... read more

01 May 24 @ 16:16

Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in a new report, AI-focused fraud and financial crime, say criminals are more adept at using artificial... read more

30 Apr 24 @ 18:23

Here at Payments Cards & Mobile Towers, news reaches us on a weekly basis of the AI-led solutions banks and service companies are creating to fight fraud. To deliver ever-greater... read more

30 Apr 24 @ 18:08

Cash is here to stay, with nearly 6-in-10 businesses (57%) expecting to never be entirely cashless despite the widespread adoption of electronic, card and mobile payments. According to The Cash... read more

30 Apr 24 @ 16:02

A new study has revealed that virtual cards will be the fastest-growing B2B payment method by transaction value globally by 2028. It is forecasted that virtual card transactions, randomly generated,... read more

29 Apr 24 @ 15:43

The Emerging Payments Association Asia (EPAA) has announced the formation of a Work Group on Quantum-Safe Cryptography (WG-QSC) across ASEAN, with IBM, HSBC, AP+ and PayPal as founding members. The... read more

29 Apr 24 @ 15:24

In today’s digital age, e-commerce serves as a vital platform for businesses globally, spanning local boutiques to multinational giants. For many businesses, Southeast Asia is seen as a region of... read more

29 Apr 24 @ 13:03

In mid-2022 Atos completed the sale of its entire stake in Worldline of ca. 7.0 million shares representing ca. 2.5% of Worldline’s share capital. As a result, Atos  raised net... read more

29 Apr 24 @ 12:22

Cash Matters reports[1] that Germans and Austrians are the most reluctant users of non-cash payments in Europe. Almost one in two (48%) citizens of both countries say they still prefer... read more

26 Apr 24 @ 16:30

As second-generation mobile point of sale (mPOS) devices emerge and consumers continue to gravitate towards mobile as their main shopping channel, it won’t be long before traditional POS devices and... read more

26 Apr 24 @ 16:18

Stripe has announced that it will begin supporting global stablecoin payments. Transactions will instantly settle on-chain and automatically convert to fiat currency. Stripe enabled Bitcoin payments 10 years ago but ceased... read more

26 Apr 24 @ 09:24

The UK employment rate stood at 75% in November 2023 to January 2024, while the unemployment rate was estimated at 3.9% for the same period. That out-of-work figure is a... read more

25 Apr 24 @ 10:04

Kearney has released the sixteenth edition of its annual European Retail Banking Radar, which tracks the performance of close to 90 retail banks across 21 European markets. The study found... read more

24 Apr 24 @ 16:55

New research from Lloyds Bank highlights the importance of UK businesses investing in new payment technology. Two-thirds (59%) of UK Retail, Food & Beverage (F&B) and Hospitality companies were found... read more

24 Apr 24 @ 16:43

For decades now, vendors and analysts have been heralding the death of legacy payments ecosystems, but still, they remain in use. Over the past 20 years, FIs have been threatened... read more

24 Apr 24 @ 15:59

In mid-February of this year Payments Cards & Mobile reported on a major bust up between Hindenburg Research, a prominent investor in Temenos. At the time, Temenos hit out at... read more

23 Apr 24 @ 16:07

Boku has released a global research report entitled 2024 Global E-commerce Report: The Changing World of Payments. The report reveals the increasing preference for local payment methods and the continued decline in... read more

23 Apr 24 @ 15:19

Synthetic identity fraud is most commonly associated with fraud in banking or against credit unions but is often mistakenly overlooked in digital commerce. With fraudsters becoming more clever about how... read more