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Local payments initiatives challenge dominance of card schemes

03 May 24 @ 11:10

The payments industry is undergoing rapid modernisation to stay current with digitally transforming economies and address rising end-user expectations. Customers are now asking for real-time payments for daily domestic and... read more

India’s UPI making major global moves – little by little

03 May 24 @ 10:09

It all started in early 2024 when a fairly interesting news story sparked headlines: UPI selects Google to take digital wallet global. The basis of the deal was that The... read more

Card alternatives like pay by bank are on the rise

02 May 24 @ 16:57

Payment services innovation like pay by bank and BNPL is expanding the options for shoppers and merchants, giving competition to incumbent card issuers. Long-dominant card payment schemes are facing newcomers... read more

Complexity of data compliance is hampering business innovation

02 May 24 @ 16:00

Fresh research reveals that while organisations are using data to drive innovation and new strategies, fewer than 2% of respondents can access sensitive and classified data in less than a... read more

The Dark Web – Trends to watch for in 2024

02 May 24 @ 10:18

The Dark Web garnered massive amounts of headlines a few years ago when the enormity of its size was first made publicly aware. Also the amount of unscrupulous criminal activity... read more

US Supreme Court allows ATM fees class action

01 May 24 @ 18:39

The U.S. Supreme Court says it has declined to hear an appeal from Visa and Mastercard over a decision allowing consumers and ATM operators to band together in class actions... read more

Big 3 announce continued growth in 2024 results to date

01 May 24 @ 16:32

Based on the latest public data from calendar year 2022 and analysis, we estimate that the total global purchase personal consumption expenditure, or PPCE, excluding Russia and China, was approximately... read more

AI’s impact on digital fraud and financial crime

01 May 24 @ 16:16

Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in a new report, AI-focused fraud and financial crime, say criminals are more adept at using artificial... read more

AI is generating new risks – what are the benefits?

30 Apr 24 @ 18:23

Here at Payments Cards & Mobile Towers, news reaches us on a weekly basis of the AI-led solutions banks and service companies are creating to fight fraud. To deliver ever-greater... read more

57% of businesses expect to never be fully cashless

30 Apr 24 @ 18:08

Cash is here to stay, with nearly 6-in-10 businesses (57%) expecting to never be entirely cashless despite the widespread adoption of electronic, card and mobile payments. According to The Cash... read more

Top three fastest-growing B2B payment channels by 2028

30 Apr 24 @ 16:02

A new study has revealed that virtual cards will be the fastest-growing B2B payment method by transaction value globally by 2028. It is forecasted that virtual card transactions, randomly generated,... read more

HSBC and PayPal join forces on Quantum-Safe Cryptography

29 Apr 24 @ 15:43

The Emerging Payments Association Asia (EPAA) has announced the formation of a Work Group on Quantum-Safe Cryptography (WG-QSC) across ASEAN, with IBM, HSBC, AP+ and PayPal as founding members. The... read more

Exploring the dynamic landscape of e-commerce in Southeast Asia

29 Apr 24 @ 15:24

In today’s digital age, e-commerce serves as a vital platform for businesses globally, spanning local boutiques to multinational giants. For many businesses, Southeast Asia is seen as a region of... read more

Is the French government nationalising Atos?

29 Apr 24 @ 13:03

In mid-2022 Atos completed the sale of its entire stake in Worldline of ca. 7.0 million shares representing ca. 2.5% of Worldline’s share capital. As a result, Atos  raised net... read more

Is a fear of fraud holding back the digital economy in DACH?

29 Apr 24 @ 12:22

Cash Matters reports[1] that Germans and Austrians are the most reluctant users of non-cash payments in Europe. Almost one in two (48%) citizens of both countries say they still prefer... read more

The mobile channel: It’s not just for shopping

26 Apr 24 @ 16:30

As second-generation mobile point of sale (mPOS) devices emerge and consumers continue to gravitate towards mobile as their main shopping channel, it won’t be long before traditional POS devices and... read more

Stripe to enable stablecoin payments across its platform

26 Apr 24 @ 16:18

Stripe has announced that it will begin supporting global stablecoin payments. Transactions will instantly settle on-chain and automatically convert to fiat currency. Stripe enabled Bitcoin payments 10 years ago but ceased... read more

This is what job hunting is like for UK workers right now

26 Apr 24 @ 09:24

The UK employment rate stood at 75% in November 2023 to January 2024, while the unemployment rate was estimated at 3.9% for the same period. That out-of-work figure is a... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more