05 Jan 24 @ 13:14
A new report from European payments solutions experts Nets sets out the factors financial institutions should consider when implementing a digital ID solution. A previous blog reviewed the trends that... read more
05 Jan 24 @ 12:43
The recent explosion in e-commerce has created huge opportunities for Small and Medium Enterprises (SMEs) globally – yet capitalising on these opportunities is challenging, especially in cross-border payments. In a... read more
05 Jan 24 @ 09:26
Blackstone have entered into a definitive agreement to acquire a majority stake in Sony Payment Services (SPSV), one of Japan’s leading payment service providers, from Sony Bank, a wholly-owned subsidiary... read more
21 Dec 23 @ 16:46
As Open Banking stumbles and consumers increase their digital footprint, mobile payments could end up dominating the landscape. James Wood considers opportunities and risks in money on the move. There... read more
21 Dec 23 @ 12:07
The world has witnessed an unprecedented surge in the popularity of cryptocurrencies, marking a transformative era in the financial landscape. Spearheaded by the ground breaking technology known as blockchain, cryptocurrencies... read more
21 Dec 23 @ 09:24
JCB International has announced an extension of its collaboration with FIS and its merchant solutions business, Worldpay from FIS, to enable JCB Contactless for its UK merchants in the largest JCB... read more
20 Dec 23 @ 13:00
In today’s fast-paced and highly competitive business environment, payments providers face the dual challenge of optimising payment efficiency while creating value for their customers. This heightened attention towards the customer... read more
20 Dec 23 @ 10:03
Bizum (Spain), BANCOMAT (Italy) and SIBS (Portugal), three leading mobile payment companies in their respective markets, have signed a Letter of Intent to implement the interoperability. This agreement aims to... read more
20 Dec 23 @ 09:30
Stablecoins represent a distinct category of digital assets designed to mitigate the volatility inherent in many traditional cryptocurrencies. Stabilization coins, in contrast to their more erratic rivals like Bitcoin, are... read more
19 Dec 23 @ 18:27
The emergence of the ‘phygital’ concept has become a game-changer in the business world. In the current business landscape, the Covid-19 pandemic disrupted physical interactions and supply chains, prompting the... read more
19 Dec 23 @ 10:23
Due to the decentralized nature of cryptocurrencies and the advancements made possible by blockchain technology, people’s perceptions and interactions with traditional financial institutions have undergone a radical change. The significance... read more
19 Dec 23 @ 09:03
Visa has entered into a definitive agreement to acquire a majority interest in Prosa, a leading payments processor in Mexico. Under the agreement, Prosa will continue to operate as an... read more
18 Dec 23 @ 17:45
In 1999, a then-unknown Elon Musk purchased the web domain x.com and set about building his vision for an internet-only bank. While said bank didn’t materialise, the site eventually morphed... read more
18 Dec 23 @ 13:38
In May 2022 Payments Cards & Mobile reported that The European Commission had accused Apple of abusing its market position for contactless payments via its digital wallet app Apple Pay. Now it... read more
18 Dec 23 @ 12:34
The market for cryptocurrencies, which is well-known for being volatile, has had several ups and downs this year. With the overall market capitalization of cryptocurrencies reaching previously unheard-of heights, the... read more
15 Dec 23 @ 12:08
According to the 2023 version of The Global Payments Report by Worldpay, digital wallets are both the world’s dominant payment method, and its fastest-growing. While debit and credit cards continue... read more
15 Dec 23 @ 11:41
The Federal Reserve says that FedNow Service participation continues to show strong growth and diversity heading into the new year. 331 institutions, headquartered in 45 states and ranging in size... read more
15 Dec 23 @ 09:50
Nearly one in four UK workers is planning to switch jobs in 2024, according to new statistics from PWC, an 18% jump since this time last year. Job satisfaction, work... read more
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
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
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