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Slow check-out and customer friction cost too much – it’s time to change

18 Apr 24 @ 15:29

Almost one in three (32%) online transactions in Germany fail due to consumer friction during check out. It’s time to rethink approaches to authentication. As the global economy digitizes and... read more

BIAN standards association demonstrates growing influence with new members

18 Apr 24 @ 15:00

BIAN, the independent not-for-profit standards association, is announcing that 19 new members have joined the growing organisation, bringing the total number of members to 98. This momentum has helped BIAN... read more

Bad bot report: Bots now 50% of all internet traffic

17 Apr 24 @ 16:05

Thales has released the 2024 Imperva Bad Bot Report, a global analysis of automated bot traffic across the internet. Nearly half (49.6%) of all internet traffic came from bots in... read more

Issuers: get ready for a token-focused future

17 Apr 24 @ 15:22

Payment tokens offer massively improved security by turning sensitive personal information such as credit card and account numbers and turning them into a secure “token”, represented by a unique set... read more

Trustly achieves 79% growth fuelled by Open Banking demand

17 Apr 24 @ 15:00

Trustly has announced a year of exceptional growth and enhanced market influence across sectors. In 2023, Trustly saw a significant surge in its transaction value, achieving a 79% increase to... read more

Trends to watch in 2024: Tap to Pay and more…

16 Apr 24 @ 17:00

With more than one in three UK adults now registered for some kind of mobile payments service according to UK finance, experts predict we’re going to see growing numbers of... read more

75% of banks admit they need to modernise their core systems

16 Apr 24 @ 15:15

A new Retail Banking Report explores financial institutions’ (FIs) strategies for meeting customer demand, and uncovers that the majority (75%) are struggling to take advantage of new payment offerings and... read more

As instant payments connect across Asia and EU, banks must prepare

16 Apr 24 @ 09:40

The Economist Intelligence Unit says[1] Asia’s instant payment schemes are linking up to create faster economic growth for economies across the region, with some European markets following suit. Download the... read more

The smart ecosystem: Smart and smarter wallets

15 Apr 24 @ 17:03

Jamie Smith, commenting on Vitalik Buterin’s “proof of personhood” discussions (which serve to highlight the central importance of digital identity in the new economy), notes that innovation is “so often... read more

Global retail sector lost $429 billion to payments fraud

15 Apr 24 @ 12:30

Adyen has published new research revealing the billions the global retail sector lost to payments fraud and fraudulent activity. Working alongside the Centre for Economic Business and Research (Cebr), Adyen... read more

Viva.com partners with BANCOMAT to accept PagoBANCOMAT

15 Apr 24 @ 11:08

Viva.com and BANCOMAT have announced a strategic partnership for Viva.com to enable its Italian merchant network to accept PagoBANCOMAT, shortly followed by BANCOMAT Pay. Future plans include strategic expansion of... read more

Web accessibility lawsuits pose threat to UK e-commerce

12 Apr 24 @ 16:07

For UK e-commerce companies, ignoring website accessibility is an increasingly costly gamble. Even if you can merely ship or sell products into the United States, you could be on the... read more

Project Agorá: Major project to tokenise cross-border payments

12 Apr 24 @ 13:09

The Bank for International Settlements (BIS) together with seven central banks has announced plans to join forces with the private sector to explore how tokenisation can enhance the functioning of... read more

Top 10 merchant acquirers processed $9.5 trillion in payment card volume

12 Apr 24 @ 12:32

TSG (The Strawhecker Group), an analytics and intelligence firm in the payments industry, has worked with payments companies to compile the industry’s most comprehensive resource on merchant acquirers. Collectively, the... read more

CBDCs – Central Banks losing heart?

11 Apr 24 @ 16:24

The havoc to crypto payrolls caused by Binance’s decision to stop supporting the BUSD token shows how quickly a decision by one actor can upset an entire ecosystem. As Central... read more

Mastercard plans to raise Acquirer Brand Volume fees

11 Apr 24 @ 15:55

Just weeks after reaching a landmark $30 billion settlement on interchange fees designed to provide relief to retail businesses, Mastercard appears to be planning to increase certain credit card fees... read more

Pan-European Confirmation of Payee ready by December

11 Apr 24 @ 15:32

Yesterday we reported on the efficacy of the UKs Confirmation of Payee (CoP) program reaching 2 billion check. Now EBA CLEARING has announced it will provide its CoP service at... read more

Persistent challenges: the hindrance of legacy systems in reconciliation

10 Apr 24 @ 16:08

In the past manual reconciliation processes have sufficed but placing heavy reliance on such can lead to inefficiency. Currently, 84% of UK and US payment firms rely heavily on manual... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more