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US court rejects $30 billion interchange fee settlement

26 Jun 24 @ 09:30

The $30 billion preliminary interchange fee settlement between Mastercard, Visa and retailers has been formally rejected by the US courts. The ruling means both Visa and Mastercard will have to... read more

ECB publishes progress report on digital euro preparation phase

25 Jun 24 @ 10:39

The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, which was launched on 1 November 2023 with the aim of laying the foundations... read more

The agent model and its impact on direct carrier billing (DCB)

25 Jun 24 @ 09:06

There’s something interesting happening in the world of direct carrier billing (DCB). And it could have a transformative impact on the scale and scope of this as-yet under-represented payment category.... read more

RS2 launch one-stop solution for Acquirers and Issuers in Brazil

25 Jun 24 @ 09:00

ACI Worldwide and RS2, a global payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil. The new offering combines the best... read more

Phygital payments: increasing access for everyone

24 Jun 24 @ 16:47

Delivering accessible financial services for all citizens is not just the right thing: it’s increasingly a regulatory requirement. As part of our series on the phygital payments future powered by leading... read more

New debit card interchange fee bill introduced in USA

24 Jun 24 @ 14:02

Senator Ted Budd (R-NC) has introduced the Secure Payments Act, which would require the Federal Reserve to pause its Regulation II Debit Card Interchange Fee proposal until it completes a... read more

Neteller: The newest payment method sweeping across online casinos

24 Jun 24 @ 11:33

What is Neteller? Neteller is an e-wallet or an online payment method that enables its users to make payments for goods and services or transfer money online. Neteller was introduced... read more

Vipps MobilePay launch P2P payments across the Nordics

21 Jun 24 @ 10:53

Starting immediately, Vipps MobilePay has enabled the Nordic countries 11.6 million Vipps and MobilePay users in Denmark, Finland and Norway to send money to each other, only using a phone... read more

Synapse’s meltdown: A domino effect on BaaS and beyond

21 Jun 24 @ 10:28

Synapse, a prominent player in the Banking-as-a-Service (BaaS) industry, recently experienced a major crisis. This meltdown has sent shockwaves through the BaaS landscape, raising concerns about operational stability, financial viability,... read more

BIS survey: 94% of central banks exploring CBDC

19 Jun 24 @ 13:30

94% of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering... read more

E-commerce still growing more than twice as fast as POS worldwide

19 Jun 24 @ 11:30

This year’s Global Payments Report from Worldpay shows continued appetite for online shopping compared to Point of Sale (POS) payments – with implications for merchants, banks and payments intermediaries. Around the... read more

UK reaches 150 million issued contactless cards

19 Jun 24 @ 10:30

UK Finance has released its card spending data for March 2024, covering the monthly value and volume of transactions across debit and credit cards. The data shows the number of... read more

Has BNPL had its moment – Laybuy heads for receivership

18 Jun 24 @ 14:58

Just hours after Apple announced it will be withdrawing its Apple Pay Later product and replacing it with a more traditional financing model which includes a financial institution, Laybuy has... read more

Apple kills Apple Pay Later service in US

18 Jun 24 @ 09:05

Apple has been forced into an embarrassing about turn with its BNPL product, Apple Pay Later product, that only launched in the US last year. The cessation of the service... read more

Mastercard and Thought Machine accelerate core banking capabilities

18 Jun 24 @ 08:38

Mastercard and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver payments and core banking (critical back-end technology for product and account management and the customer... read more

The World is going cashless…but how quickly?

17 Jun 24 @ 16:18

In 2022 the use of cash declined by its largest margin in the history of cash. It was perhaps the largest decline on record at least since 650 BC. But... read more

Why sustainability is vital to phygital payments – but tough to achieve

17 Jun 24 @ 12:30

The third article in our series about the new phygital payments landscape, powered by leading PayTech specialists G +D, looks at the importance of sustainability to phygital payments, the progress... read more

2024 Digital Remittances Adoption Report

14 Jun 24 @ 11:41

Billions worth of currency travels around the world every second. And many of those billions come from individuals — not just from the trading of stocks from brokers in capital... 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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... 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