23 Feb 24 @ 16:59

The rise of fraud in the United States continues apace, costing the US $159 billion in one year alone, according to new research. The 2023 State of Scams report by Feedzai in partnership... read more

23 Feb 24 @ 14:38

Earlier this week Payments Cards & Mobile reported on the first mega deal of 2024 with Capital One announcing an acquisition of Discover for $35 billion. It was always clear... read more

23 Feb 24 @ 14:14

High transaction drop-out and cardholder abandonment rates hit all parties in the transaction process, leading to lower card usage, revenues and profitability. One German retailer estimates[1] they lost more than... read more

20 Feb 24 @ 11:20

Capital One has announced it will acquire its long term rival Discover Financial for $35.3 billion. The acquisition of Discover values the smaller rival’s stock 27% above last weeks closing... read more

20 Feb 24 @ 10:43

Many banks are worrying their customers might withdraw deposits to hold digital euro instead. These fears are misplaced, argue ECB Executive Board member Piero Cipollone, Ulrich Bindseil and Jürgen Schaaf,... read more

20 Feb 24 @ 10:20

The Payment Orchestration Platform Market is set to grow from its current market value of more than $848.6 million to over $4.83 Billion by 2032. The surge in digital payments... read more

16 Feb 24 @ 17:10

As we turn our attention to 2024, James Wood says the advent of generative AI is going to create major security headaches for payments companies – amid other problems. In... read more

16 Feb 24 @ 14:12

In recent years, digital wallets have shot from the niche to the mainstream. Their use has taken off in every region of the world, the growth trajectory remains strong, and... read more

16 Feb 24 @ 10:36

Embattled core banking provider Temenos has hit out at Hindenburg Research’s claims that there are “major accounting irregularities, failed products and an illusive turnaround” at the firm. The research note,... read more

15 Feb 24 @ 12:28

New research from Economist Impact finds that European banks are fighting back against competition from platform players, neobanks and payment providers. According to the study, “Challenging the challengers: Europe’s banks... read more

15 Feb 24 @ 11:57

Just days after Revolut released research that indicated Meta platform were the leading platforms for the origination of scams, the fintech has release a new AI scam protection platform for... read more

15 Feb 24 @ 11:40

Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the... read more

13 Feb 24 @ 18:21

At Payments Cards & Mobile we have long been supporters of a role for payment cards in the overall payments mix, thanks to our own Payment Yearbooks which show card... read more

13 Feb 24 @ 16:55

Inflation and the cost of living crisis are directly impacting what customers purchase. These issues are not going away anytime soon in 2024 – so it’s up to merchants to... read more

13 Feb 24 @ 16:40

Newly released Federal Trade Commission data show that US fraud losses were more than $10 billion in 2023 – a 14% increase over reported losses in 2022 – marking the first... read more

12 Feb 24 @ 18:11

Central bank digital currencies are emerging worldwide, bringing new capabilities and opportunities to financial systems. Although central banks are the driving force behind CBDCs, the development of a coherent ecosystem... read more

12 Feb 24 @ 17:26

Small business owners are optimistic about the future, with 88% indicating the financial state of their individual businesses is about the same or better off than a year ago, which... read more

12 Feb 24 @ 13:52

Have you ever felt lost in the maze of financial technology? You’re not alone. But reimagine the map with apps pointing you straight to your destination – hassle-free transactions and... read more