21 May 24 @ 13:11

The Payment Systems Regulator (PSR) has released its provisional findings into its “Market review of card scheme and processing fees” interim report, finding that the cards schemes do not face effective... read more

21 May 24 @ 12:43

Nets and Klarna have entered a partnership that will bring Klarna’s payment methods to Nets’ Nordic merchant customers. Klarna’s payment options will be integrated into the Nets checkout for e-commerce merchants... read more

20 May 24 @ 16:54

The latest figures released by UK Finance highlight that fraud fell in the first six months of 2023 with a total of £580 million being stolen by criminals. This is... read more

20 May 24 @ 16:32

The European payments landscape is undergoing a significant transformation, with Visa and Mastercard losing their dominant online payment positions in several markets. This shift indicates a substantial change in consumer... read more

20 May 24 @ 14:10

The European Central Bank (ECB) is urging European banks with operations in Russia to withdraw as quickly as they can for two reasons: 1) they could be hit by US... read more

20 May 24 @ 08:52

The purpose of online casino websites is player entertainment. They’ll have nice offers and tournaments, but players are there for the games. Table games and slots will entertain the majority of players, but live... read more

17 May 24 @ 16:25

The global economy is rebalancing towards Asia. As this happens, acquirers and merchants in Europe and North America would be wise to think about how Asian consumers want to pay... read more

17 May 24 @ 16:06

The current interest in generative artificial intelligence (AI) has caused some to conclude that we may see a new wave of AI-enabled fraud. However, the payments industry shouldn’t overestimate the... read more

17 May 24 @ 15:55

Amidst the not so friendly rumblings within the Spanish banking sector, Iberpay and Santander have signed up to become the inaugural participants in the One-Leg Out (OLO) Instant Credit Transfer... read more

16 May 24 @ 16:59

The U.S. Faster Payments Council (FPC) has published a report titled, Navigating Instant Recurring Payments: Consumer, Business, and Financial Institution Perspectives. This comprehensive needs assessment offers strategic insights into the... read more

16 May 24 @ 16:20

Despite Britain announcing last week that it is officially out of recession, consumers continue to be wary and are increasingly turning to prepaid cards and adjusting their spending habits to... read more

16 May 24 @ 13:24

New data from The Global Payments Report 2024 from Worldpay shows Account-to-Account (A2A) payments thriving in emerging markets – as well as some developed markets. Around the world, A2A payments are... read more

15 May 24 @ 16:57

Payment providers are considering tokenization and blockchain-based decentralized finance systems to enhance transaction transparency, auditability and exploring various other use cases. Financial institutions and intermediaries are increasingly embracing the adoption... read more

15 May 24 @ 16:33

With the world now accustomed to completing business transactions in three seconds or less, there is an opportunity for bankers to consider central bank digital currencies as a platform for... read more

14 May 24 @ 17:13

Verizon Business has released the findings of its 17th-annual Data Breach Investigations Report (DBIR), which analysed a record-high 30,458 security incidents and 10,626 confirmed breaches in 2023—a two-fold increase over... read more

14 May 24 @ 17:00

Yesterday, the Eurosystem successfully completed the first experiment in using new DLT technologies for the settlement of wholesale transactions in central bank money. Initially, 16 private companies have been onboarded and... read more

13 May 24 @ 16:54

In a recent study conducted by Forrester on behalf of Fabrick titled, “Embrace Embedded Finance for Seamless Payment Success: A Spotlight on Europe,” valuable insights were obtained regarding the state... read more

13 May 24 @ 16:31

Just over three-quarters (76%) of banks surveyed believe fraud cases and scams have become more sophisticated, according to the new Mitek Systems Identity Intelligence Index 2024 conducted in January 2024.... read more