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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

Visa Deep Authorization (VDA): AI infused fraud protection

28 Mar 24 @ 14:39

Visa has announced the addition of three new AI-powered risk and fraud prevention solutions. The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across... read more

Card payments no longer the default e-commerce choice for consumers

28 Mar 24 @ 11:53

Boku has released a global research report entitled 2024 Global E-commerce Report: The Changing World of Payments – an in-depth analysis of payment preferences and purchasing behaviours of consumers across the globe. The... read more

Europe remains vulnerable to cyberattacks despite stringent legislation

27 Mar 24 @ 19:34

KnowBe4, the provider of the world’s largest security and cybersecurity awareness training and simulated phishing platform, has released its 2024 Security Culture Report. The report examines how security measures really... read more

European banks believe EU SEPA instant payment timelines unrealistic

27 Mar 24 @ 19:12

New research from RedCompass Labs, reveals that 58% of European banks that do not currently offer instant payments believe the timelines set out by the EU in the new SEPA Instant payments... read more

Majority of online retailers leave +40% of chargebacks undisputed

26 Mar 24 @ 18:15

Riskified has released Chargeback Challenges and What You Can Do About Them: Global Insights 2024, a survey conducted in partnership with Paladin Fraud of over 300 e-commerce chargeback managers worldwide... read more

Visa and Mastercard end long running US interchange fee battle

26 Mar 24 @ 15:51

Visa and Mastercard have agreed to cut their US interchange fees in what the two companies hope will be a landmark settlement that merchants say will save them $30 billion... read more

UK credit card market report 2024

26 Mar 24 @ 15:30

According to the FICO UK Credit Card Market Report for January 2024, consumer credit behaviour followed typical start-of-year patterns. Spending fell by 8.6% post-Christmas, while consumers increased their payments to balance... read more

Top scams impacting consumers and businesses globally

25 Mar 24 @ 17:18

Visa has released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top scams impacting consumers and businesses around the world. The report points to increasingly organized,... read more

Mastercard signs international remittances deal with Alipay Wallet

25 Mar 24 @ 16:53

Mastercard has continued to expand its cross-border remittance reach with a new connection to Alipay, China’s leading digital wallet, making it one of the fastest-growing cross-border payment offering. The move... read more

Digital wallets lead a new era in global payments

25 Mar 24 @ 10:41

The 2024 edition of The Global Payments Report from Worldpay shows digital wallets continuing their lead as the world’s fastest-growing payment method. Last year, wallets accounted for 50% of global... read more

Fighting Big Tech – banking’s biggest threat

22 Mar 24 @ 17:06

As funding dries up for neo-banks and questions arise over their capacity to secure account balances from the many customers who have opened digital-only accounts in recent years, it looks... read more

Global Payments Report 2024: Digital wallets to hit $25 trillion

22 Mar 24 @ 14:25

The continued rise of digital wallets is heralding a golden age in payments, marked by the swift adoption of new technologies and driven by consumer preference according to new research... 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