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Three financial crime trends every bank should know of in 2024

18 Jan 24 @ 17:14

ComplyAdvantage has published its State of Financial Crime report. Built on a survey of 600 senior financial crime decision-makers worldwide, alongside experience working with more than 1,000 companies globally, it... read more

UPI selects Google to take digital wallet global

17 Jan 24 @ 18:23

The National Payments Corporation of India has selected Google Pay as part of its strategy to take India’s digital wallet system, the Unified Payments Interface (UPI), to global markets. The... read more

Payments and the rise of contactless spending in 2024

17 Jan 24 @ 17:59

From consumer to business payments to cross-border transactions, cash is no longer king. Brought about by the rise of smartphones, e-commerce and technology, the convenience of completing everyday banking transactions... read more

Is Open Banking stagnating in Europe?

16 Jan 24 @ 19:25

As the latest Konsentus Open Banking tracker reveals static TPP numbers across both the EU and UK, we ask whether progress is stalling across the continent. When Konsentus reported a... read more

DMI survey: Central Banks Digital Currency intentions

16 Jan 24 @ 19:11

Momentum around central bank digital currency development is building steadily, according to a Digital Monetary Institute (DMI) survey. Of the central banks that responded to a new survey, 41% expect... read more

Tether: The new favoured route for money laundering

16 Jan 24 @ 18:10

A new report has found that casinos, junkets, and cryptocurrency have emerged as a critical piece of the underground banking and money laundering infrastructure, fuelling transnational organized crime. Tether has also... read more

Why biometrics and wearables are future POS winners

15 Jan 24 @ 17:48

The Managing Director of a global white-label infrastructure firm for payments, NuWeb, has told Payments Cards & Mobile that wearable technologies including biometric security features are the future of point-of-sale... read more

State of Mobile 2024: Consumers embrace mobile for finance

15 Jan 24 @ 16:53

The mobile market turned the tide in 2023 driven by the creator economy and subscriptions and is looking stronger than ever entering 2024. data.ai’s State of Mobile 2024 Report reveals that mobile... read more

The practicalities of cross-border payments in a faster payments world

15 Jan 24 @ 16:20

The U.S. Faster Payments Council (FPC), has published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World. This new report builds on the FPC’s... read more

Consumer acceptance of biometrics gaining traction

12 Jan 24 @ 16:54

New IDC research finds that people who use biometrics to access online accounts register higher rates of satisfaction than those who don’t. Consumer acceptance of biometrics when used for identity... read more

FinTech investment takes a hammering in 2023

12 Jan 24 @ 13:36

After a challenging economic slowdown throughout 2022, global FinTech entered 2023 on cautious footing as economists and investors warned that ongoing macroeconomic tumults including lingering inflation, hawkish monetary policies, supply... read more

PQC, AI & sustainability: 5 cybersecurity trends for 2024

12 Jan 24 @ 12:57

2023 will go down as a transitional year for cybersecurity and information technology in general. Quantum Computing is still in its infancy, and artificial intelligence is still limited to creating... read more

State of commerce report – The latest e-commerce trends

11 Jan 24 @ 16:51

Salesforce has released its latest State of Commerce report with insights from 2,700 e-commerce practitioners across 15 countries, including 200 from the UK, as well as a global analysis of... read more

Global Payments and Commerzbank announce JV in Germany

11 Jan 24 @ 16:29

Global Payments and Commerzbank have announced a joint venture to offer digital payment solutions to small and medium size business customers across Germany. The new entity, Commerz Globalpay GmbH, is... read more

How to make phygital happen for your clients – and why it matters

11 Jan 24 @ 14:34

A new white paper from payment technology specialists Giesecke+Devrient outlines the steps banks should take to deliver phygital payments for their customers – and the benefits that will accrue to those... read more

High growth market: Thai potential

10 Jan 24 @ 18:13

As part of new series on high-growth Asian markets outside China, James Wood looks at Thailand, asking what’s next for a country that’s seen P2P and digital wallet payments soar.... read more

Can EPI unite Europe’s instant payments ecosystem

10 Jan 24 @ 17:03

After much stuttering and starting it seems like the European Payments initiative – EPI – is starting to get its act in gear. In July 2020 the European Central Bank... read more

Global SoftPOS transaction value to grow 1,050% by 2028

10 Jan 24 @ 16:38

A new study forecasts that the global transaction value processed via SoftPOS will reach $11.8 billion by 2028, up from $1 billion in 2023. Growth will be driven by Apple’s... 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