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€35bn of customer deposits across Europe held by EMIs

01 Feb 24 @ 17:43

A new report on the Electronic Money Institution (EMI) market in the UK and Europe finds that EMIs now hold deposits of €35 billion across Europe—an increase of 84% from... read more

Giesecke+Devrient increases stake in Netcetera to 95%

01 Feb 24 @ 17:00

Who said its all bad news for fintech acquisitions out there? Giesecke+Devrient has acquired further shares in Netcetera, increasing its stake to 95%. With this milestone, G+D is expanding its... read more

Transak partners with Visa for crypto-to-fiat transactions

31 Jan 24 @ 18:28

Transak, a Web3 payment platform, announced it has partnered with Visa Direct, a service that simplifies cryptocurrency to fiat conversions. The integration leverages Visa’s network to provide a seamless experience for crypto... read more

Contactless biometric card provider Zwipe taps out of payments

31 Jan 24 @ 18:01

Since as early at 2015 Payments Cards & Mobile has been reporting on the growing trend of securing contactless cards with biometrics. In 2021 we reported on market research on... read more

Reserve Bank of India shuts down Paytm operations

31 Jan 24 @ 16:56

The Reserve Bank of India (RBI) has imposed restrictions on Paytm, which effectively bars the platform from onboarding new customer, and limiting the ability of current users for sending or... read more

Pay by Bank: How will it evolve in 2024?

30 Jan 24 @ 19:43

2023 saw an increased demand for alternative payment options to credit cards. Consumers, who are burdened with unprecedented levels of credit card debt, are seeking ways to take better control... read more

Self-sovereign identity in wallet: How users should share data

30 Jan 24 @ 19:31

Name, date of birth, address, email address, passwords, tax records, or payroll – all this sensitive user data is stored by companies in huge databases to identify individuals for digital... read more

Impending RTGS deadline and its impact on payments sector

30 Jan 24 @ 19:14

The Real-Time Gross Settlement (RTGS) system is ushering in a new era of efficiency, security and immediacy within the payments landscape. Organisations working towards the mandated November 2025 deadline must... read more

A confidence crunch is looming for e-commerce

29 Jan 24 @ 18:03

The stats just don’t stop telling the same story. While e-commerce growth has slowed after the pandemic, it’s still grabbing an ever-growing share of wallet. In more developed markets such... read more

The sophistication of cybercrime intensifies with emerging strategies

29 Jan 24 @ 17:53

While tried and tested cybercrime tactics like phishing and malware are here to stay, there are always new approaches to watch out for in the cybersecurity space. Experian’s 11th annual... read more

Winning Gen Z trust should be top priority for retailers

29 Jan 24 @ 17:44

This year’s peak shopping season will be crucial for retailers as the true impact of the cost-of-living crisis is likely to be written in sales figures. Competition for consumers’ wallets... read more

FTC announce investigation into Big Tech AI funding

26 Jan 24 @ 18:19

The Federal Trade Commission has launched an inquiry into Big Tech investments and partnerships including Microsoft, Amazon and Google demanding information and documents concerning investment into AI developers, citing concerns... read more

Global B2B payments market projected to hit $31.71 billion

26 Jan 24 @ 17:57

Global B2B payments market industry was valued at $12.50 Billion in 2022. It is projected to reach $31.71 Billion by 2031, growing at a CAGR of 9.9 % during the... read more

Mastercard launch service to replace all passwords with biometrics

26 Jan 24 @ 17:33

There is, I think, one thing that almost everyone can agree on — passwords in their current format and usage are a major issue for all concerned. While passwords are... read more

5 ways fintech workers can use Gen AI to boost their careers

26 Jan 24 @ 09:20

Artificial intelligence is the buzzword of the moment for many employees, regardless of the industry they work in. Recent research has uncovered the fact that 36% of workers are overwhelmed... read more

New research dampens good news for CBDCs

25 Jan 24 @ 16:51

Across the summer 2023 there was a bumper crop of good news for CBDCs, including transactions using the digital Yuan hitting $250 billion, a new CBDC consortium announced by Mastercard... read more

The near-term impact of AI on the cyber threat

25 Jan 24 @ 16:34

During the Bletchley AI Safety Summit in November 2023, international leaders came together to discuss the vast potential of AI models in promoting economic growth, propelling scientific advances, and providing... read more

COBOL – a ticking time bomb in the financial system

24 Jan 24 @ 20:22

Despite it being more than 60 years old, it is thought that around 70% of large corporations – including those in the government, banking, finance, insurance, and automotive industries – still... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more