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International payment concerns stop SMEs from expanding overseas

05 Feb 24 @ 18:02

New research shows that concerns around international payments are a leading barrier stopping UK small and medium enterprises (SMEs) from exporting overseas. The research, which surveyed 500 decision makers at... read more

ID verification and authentication unreliable due to AI Deepfakes

05 Feb 24 @ 17:49

Last week represented what could be a turning point in peoples trust in ID verification tools across the internet. A finance worker at a multinational firm was tricked into paying... read more

New research reveals impact of APP fraud

02 Feb 24 @ 17:55

APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more

Mastercard launches GenAI fraud detection

02 Feb 24 @ 17:33

Mastercard has introduced a new AI tool to combat fraud. Decision Intelligence Pro is “an advanced iteration of its renowned Decision Intelligence (DI) real-time decisioning solution” a Gen AI consumer... read more

Visa: Payments trends to watch in 2024

02 Feb 24 @ 17:14

The payments industry is nothing, if not constantly changing. And 2024 promises to bring its fair share of change. At a high level, according to Visa research, we expect a... read more

UK businesses able to measure effectiveness of Open Banking

01 Feb 24 @ 18:21

Open Banking could save businesses time and money, while streamlining your operations – on average it can save 150 hours of operational time each year. That’s according to new Payit... read more

€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

Trending

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more