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Viva.com partners with BANCOMAT to accept PagoBANCOMAT

15 Apr 24 @ 11:08

Viva.com and BANCOMAT have announced a strategic partnership for Viva.com to enable its Italian merchant network to accept PagoBANCOMAT, shortly followed by BANCOMAT Pay. Future plans include strategic expansion of... read more

Web accessibility lawsuits pose threat to UK e-commerce

12 Apr 24 @ 16:07

For UK e-commerce companies, ignoring website accessibility is an increasingly costly gamble. Even if you can merely ship or sell products into the United States, you could be on the... read more

Project Agorá: Major project to tokenise cross-border payments

12 Apr 24 @ 13:09

The Bank for International Settlements (BIS) together with seven central banks has announced plans to join forces with the private sector to explore how tokenisation can enhance the functioning of... read more

Top 10 merchant acquirers processed $9.5 trillion in payment card volume

12 Apr 24 @ 12:32

TSG (The Strawhecker Group), an analytics and intelligence firm in the payments industry, has worked with payments companies to compile the industry’s most comprehensive resource on merchant acquirers. Collectively, the... read more

CBDCs – Central Banks losing heart?

11 Apr 24 @ 16:24

The havoc to crypto payrolls caused by Binance’s decision to stop supporting the BUSD token shows how quickly a decision by one actor can upset an entire ecosystem. As Central... read more

Mastercard plans to raise Acquirer Brand Volume fees

11 Apr 24 @ 15:55

Just weeks after reaching a landmark $30 billion settlement on interchange fees designed to provide relief to retail businesses, Mastercard appears to be planning to increase certain credit card fees... read more

Pan-European Confirmation of Payee ready by December

11 Apr 24 @ 15:32

Yesterday we reported on the efficacy of the UKs Confirmation of Payee (CoP) program reaching 2 billion check. Now EBA CLEARING has announced it will provide its CoP service at... read more

Persistent challenges: the hindrance of legacy systems in reconciliation

10 Apr 24 @ 16:08

In the past manual reconciliation processes have sufficed but placing heavy reliance on such can lead to inefficiency. Currently, 84% of UK and US payment firms rely heavily on manual... read more

Confirmation of Payee reaches 2 billion checks in UK

10 Apr 24 @ 15:57

Pay.UK, the operator of the UK’s national retail payments system, announced that Confirmation of Payee (CoP), has reached 2 billion checks. This is a significant milestone and the volume of... read more

Instant payments significantly boost finances of young adults in Europe

10 Apr 24 @ 15:26

ACI Worldwide has revealed striking new data proving instant payments will boost the financial prospects of young adults in the EU. New research from the Centre for Economics and Business... read more

BANCOMAT and Nexi partner on a new centralized payment infrastructure

09 Apr 24 @ 15:53

BANCOMAT and Nexi have signed a contract for the creation of a new centralised technological infrastructure that will allow BANCOMAT to autonomously manage and optimise the offer of innovative and... read more

Alipay+ builds out International Consumer Friendly Zones program

09 Apr 24 @ 15:13

Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, is set to launch a nationwide program to build International Consumer Friendly Zones across major Chinese... read more

SAMA: E-payments share reached 70% of total payments in 2023

09 Apr 24 @ 15:01

The Saudi Central Bank (SAMA) announced that the share of retail consumer electronic payments – one of the Financial Sector Development Program’s KPIs – reached 70% of total retail payments... read more

Visa: Improved dispute resolution vital to e-commerce growth

08 Apr 24 @ 14:04

Online transactions account for a growing proportion of the global economy. While this gives consumers access to a much wider range of goods and services, it also brings an increase... read more

How safe is crypto versus traditional payment methods?

05 Apr 24 @ 12:14

There’s something about talking about internet safety that makes people a little, well, uneasy. One of the major reasons behind it is the fact that it is so easy to... read more

Nuvei agrees to be acquired by Advent International

03 Apr 24 @ 09:30

Nuvei Corporation has announced that it has entered into a definitive arrangement agreement to be taken private by Advent International, one of the world’s largest and most experienced global private... read more

Embedded finance market to hit $228 billion by 2028

02 Apr 24 @ 13:02

A new study has found that by 2028, embedded finance revenue will increase 148%; from $92 billion in 2024 to $228 billion in 2028. This growth is driven by increasing... read more

Huge increase in fake, copycat bank websites

28 Mar 24 @ 18:21

Over 2,000 suspected copycat banking websites masquerading as real banks such as Barclays or HSBC were reported in 2023 as scammers try to part unsuspecting consumers from their money. The... read more

Trending

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more