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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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