18 Mar 24 @ 15:19

Stripe announced in its annual letter that it surpassed $1 trillion in total payment volume in 2023, up 25% from 2022. The milestone, which comes 15 years after the company was... read more

15 Mar 24 @ 11:16

Retail payments is a rich and promising industry, earning what Bain & Company estimates as $356 billion in global revenue in 2021, with projected annual growth of 6% to $480... read more

15 Mar 24 @ 10:45

SAP has launched a new composable payment solution to help retailers stay ahead of changing customer expectations. The new solution, SAP Commerce Cloud, open payment framework, helps retailers become more... read more

14 Mar 24 @ 14:54

Banco do Brasil (BB) will partner with Giesecke+Devrient (G+D) to test an offline payment solution within the CBDC pilot of the Brazilian Digital Real Electronic (DREX). This will allow the... read more

14 Mar 24 @ 14:35

In early March The Consumer Financial Protection Bureau (CFPB) finalized a rule to cut excessive credit card late fees by closing a loophole exploited by large card issuers in the... read more

14 Mar 24 @ 09:00

Visa has announced a further 7-year agreement with Western Union, building on its existing integrations with Visa Direct in 2022 and 2019, which enabled US and European customers to send and... read more

13 Mar 24 @ 18:03

The Payments Innovation Jury today releases its 2024 global report “Market meltdown – impacts on infrastructure, regulation and innovation”, which reveals global payment leaders’ views on how tumultuous macroeconomic changes... read more

13 Mar 24 @ 17:45

In 2023, Nexi recorded an 88% increase in the value of in-store mobile payments transactions via smartphone and smartwatch in Italy, new data reveals. According to further data released by... read more

12 Mar 24 @ 13:40

Analysis of the UK’s largest database of syndicated risk intelligence shows ID fraud is the top fraud type reported by banks and other financial service providers, accounting for 45% of... read more

12 Mar 24 @ 11:59

By appreciating its true strengths, and overcoming its pain points, carrier billing can become far more relevant to many more merchants – and hundreds of millions of European consumers. Today,... read more

11 Mar 24 @ 20:26

According to Ovum[1], the use of instant payments for e-commerce will account for almost one in three of all digital transactions across Europe by 2027. This brings benefits to merchants... read more

08 Mar 24 @ 13:11

Merchant Payments Ecosystem (MPE) and Arkwright Consulting have partnered on a joint research project – Payments from a merchant’s perspective. During Q4 2023, MPE invited merchants within its community to... read more

08 Mar 24 @ 11:35

Most online casinos today can provide their customers with diverse payment methods, from traditional cards to digital wallets and mobile payments. However, the landscape of online casinos has rapidly changed... read more

08 Mar 24 @ 09:25

Bank of America has announced a record year for its patent portfolio, which has grown to nearly 6,600 granted patents and pending patent applications – a year-over-year increase of 13%, and an... read more

07 Mar 24 @ 17:39

As banks struggle to make a profit and the ESG trend fades quicker than a fake sun-tan, James Wood asks whether sustainability still matters in payments. Despite all the negative... read more

07 Mar 24 @ 17:18

J.P. Morgan Payments is set to become a principal member of France’s leading payments network, Cartes Bancaires CB, with the intention to offer European merchant clients access to the payments system by... read more

07 Mar 24 @ 15:52

Nationwide Building Society has agreed the acquisition of Virgin Money, valued at £2.9 billion that will shake up the UK market by providing a large rival to other major lenders.... read more

05 Mar 24 @ 20:44

The volume, cost, and complexities of fraud are on the rise, and the increase in sophistication and frequency of fraud is accompanied by significant revenue threats that companies can no... read more