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Digital pound at POS – no new infrastructure needed

14 Jun 24 @ 11:08

As part of the design phase for a digital pound, the Bank of England (the Bank) is conducting experiments and proofs of concept (PoC) in collaboration with private-sector innovators and... read more

BNP Paribas and BPCE announce plan for No.1 processor in France

14 Jun 24 @ 09:26

Following hot on the footsteps of Credit Agricole and Worldline, BNP Paribas and BPCE have negotiated a major new step for the French payments market by jointly acquiring new technology... read more

“Frankenstein” synthetic identities pose billion-pound fraud threat

13 Jun 24 @ 12:44

According to new LexisNexis Risk Solutions data, there are almost 3 million synthetic identities, known as Frankenstein identities, in circulation in the UK, preparing to strike. Synthetic identities exploit stolen... read more

Consumers moving at speed towards local payment methods – merchants should embrace the change

13 Jun 24 @ 09:53

A new white paper from local payment specialists, Boku adds to an emerging consensus that, across the world, consumers are beginning to turn their backs on card-based payments and card-linked... read more

Eastnets launch SEPA Instant Payments Access-as-a-Service

13 Jun 24 @ 09:30

Eastnets is launching an Instant Payments Access as a Service for SEPA Credit Transfers Instant (SCT Inst) as part of its long-standing, global SWIFT service bureau offering. The service, hosted in... read more

Merchant collective interchange fee claims against networks to proceed

12 Jun 24 @ 16:32

Interchange fee litigation in the UK is nothing new: the Courts have seen cases brought by individual merchants, and a collective consumer action, against Mastercard and Visa. What is new is that – subject to revised... read more

AInxiety in retail: why retailers must deploy Artificial Intelligence

12 Jun 24 @ 13:10

Across every industry, generative artificial intelligence (GenAI) has burst into the spotlight, catapulting the potential for AI solutions to new heights. According to recent market reports, 92% of Fortune 100... read more

German banks pull the plug on Paydirekt/Giropay

12 Jun 24 @ 09:34

Reports coming out of Germany suggest that the German banks have lost patience with Giropay and its holding company Paydirekt GmbH. If the shareholders of Giropay are currently voting on... read more

Mastercard commits to 100% e-commerce tokenization in Europe

11 Jun 24 @ 17:05

Mastercard says it has a vision for 100% e-commerce tokenization in Europe by the end of the decade. This supports a global commitment to phase out manual card entry and... read more

New regulation on APP fraud will come into play as planned

11 Jun 24 @ 13:33

Yesterday, industry body The Payments Association called on the incoming head of the Payments Systems Regulator (PSR) to delay activating new APP fraud regulations around reimbursements. The association highlighted the... read more

Apple hits & misses: Tap to Cash Vs Apple AI

11 Jun 24 @ 09:35

Its that time of year again when Apple announces to its hoard of beloved fans what’s new with its products and much vaunted iOS at the WWDC 2024 event. The... read more

European banks worry about US Big Tech control over AI

10 Jun 24 @ 16:19

To say that artificial intelligence (AI) is the current hot ticket would be an understatement. The technology has become so pervasive so quickly it even managed to dominate many of... read more

Fighting economic crime through enhanced verification

10 Jun 24 @ 15:51

A new industry coalition will be formed to fight economic crime through enhanced verification, the Centre for Finance, Innovation and Technology (CFIT) has announced. The coalition aims to bring together... read more

Fintechs and banks hunt growth – but they must outpace fraud

10 Jun 24 @ 10:26

In the second article for our series about the phygital economy powered by leading PayTech specialists G+D, we argue growth alone is not enough – outpacing fraud and fraudsters’ ingenuity is... read more

Is Request to Pay the new frontier of payments in Europe?

06 Jun 24 @ 11:18

In a world where every tap, swipe, and click seems to enable the seamless transfer of funds, a new player has emerged on the payment scene. Poised to shake things... read more

Robust financial regulations are key for growth in instant payments

06 Jun 24 @ 09:52

New regulations from the European Council this year have been introduced to support instant payments for consumers and businesses alike across the European Union (EU) and European Economy Area (EEA).... read more

payabl expands LatAm coverage with major payment methods

06 Jun 24 @ 09:30

payabl. announced the integration of four major local payment methods in Latin America – PIX, Boleto, OXXO and SPEI – to its portfolio of local payment methods, significantly enhancing coverage across... read more

$40 billion in e-commerce globally driven by tokenisation

05 Jun 24 @ 08:29

At Money 2020 Europe, Visa announced a significant milestone achieved by its tokenisation technology. The company revealed that Visa tokens have generated more than $40 billion1 in incremental e-commerce revenue... 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