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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Half of UK adults use BNPL – government delays plan to regulate

07 Feb 24 @ 18:28

An increasing number of UK consumers are using buy now pay later (BNPL) services despite the government being unlikely to introduce planned regulation to the sector. Such legislation would give... read more

African Fintech to grow to $65 billion by 2030

07 Feb 24 @ 17:56

Africa is predicted to become the world’s fastest-growing continent when it comes to fintech revenue, with a compound annual growth rate (CAGR) of 32%. This means that by 2030, the... read more

Tata to take over UK’s Faster Payments network?

06 Feb 24 @ 18:57

Indian conglomerate Tata Consultancy Services (TCS) is a reported to be leading the pack shortlisted to replace Vocalink as the administrator of the UK’s Faster Payments network – a process... read more

North American payments trends: Digital payments on the rise

06 Feb 24 @ 17:00

Constant change in the North American payments landscape is a given, yet the COVID-19 pandemic has accelerated a shift to more modern channels. A recent survey from McKinsey shows that... read more

Pulse of Fintech: global fintech investment falls $125bn from high

06 Feb 24 @ 16:57

After reaching a record $238.9 billion across 7,321 deals in 2021, total global fintech investment across M&A, PE, and VC fell to $164.1 billion across 6,006 deals in 2022. While... read more

Growth is out there… so why are traditional players struggling?

05 Feb 24 @ 18:13

New research shows that growth opportunities across the payment sector are better than they’ve been in a long time – but traditional “big players”, from banks to processors and retailers,... read more

International payment concerns stop SMEs from expanding overseas

05 Feb 24 @ 18:02

New research shows that concerns around international payments are a leading barrier stopping UK small and medium enterprises (SMEs) from exporting overseas. The research, which surveyed 500 decision makers at... read more

ID verification and authentication unreliable due to AI Deepfakes

05 Feb 24 @ 17:49

Last week represented what could be a turning point in peoples trust in ID verification tools across the internet. A finance worker at a multinational firm was tricked into paying... read more

New research reveals impact of APP fraud

02 Feb 24 @ 17:55

APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more

Mastercard launches GenAI fraud detection

02 Feb 24 @ 17:33

Mastercard has introduced a new AI tool to combat fraud. Decision Intelligence Pro is “an advanced iteration of its renowned Decision Intelligence (DI) real-time decisioning solution” a Gen AI consumer... read more

Visa: Payments trends to watch in 2024

02 Feb 24 @ 17:14

The payments industry is nothing, if not constantly changing. And 2024 promises to bring its fair share of change. At a high level, according to Visa research, we expect a... read more

UK businesses able to measure effectiveness of Open Banking

01 Feb 24 @ 18:21

Open Banking could save businesses time and money, while streamlining your operations – on average it can save 150 hours of operational time each year. That’s according to new Payit... read more

€35bn of customer deposits across Europe held by EMIs

01 Feb 24 @ 17:43

A new report on the Electronic Money Institution (EMI) market in the UK and Europe finds that EMIs now hold deposits of €35 billion across Europe—an increase of 84% from... read more

Giesecke+Devrient increases stake in Netcetera to 95%

01 Feb 24 @ 17:00

Who said its all bad news for fintech acquisitions out there? Giesecke+Devrient has acquired further shares in Netcetera, increasing its stake to 95%. With this milestone, G+D is expanding its... read more

Transak partners with Visa for crypto-to-fiat transactions

31 Jan 24 @ 18:28

Transak, a Web3 payment platform, announced it has partnered with Visa Direct, a service that simplifies cryptocurrency to fiat conversions. The integration leverages Visa’s network to provide a seamless experience for crypto... read more

Contactless biometric card provider Zwipe taps out of payments

31 Jan 24 @ 18:01

Since as early at 2015 Payments Cards & Mobile has been reporting on the growing trend of securing contactless cards with biometrics. In 2021 we reported on market research on... read more

Reserve Bank of India shuts down Paytm operations

31 Jan 24 @ 16:56

The Reserve Bank of India (RBI) has imposed restrictions on Paytm, which effectively bars the platform from onboarding new customer, and limiting the ability of current users for sending or... read more

Pay by Bank: How will it evolve in 2024?

30 Jan 24 @ 19:43

2023 saw an increased demand for alternative payment options to credit cards. Consumers, who are burdened with unprecedented levels of credit card debt, are seeking ways to take better control... 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