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“Peak payment card” might be closer than we think

20 Mar 24 @ 17:08

Last year, US merchants paid a record $161 billion in processing fees to accept nearly $11 trillion in payment cards value according to the Nilson Report, which also notes that the... read more

New super chips to push AI further, faster

20 Mar 24 @ 13:36

The chief executive of Nvidia, Jensen Huang, took to the stage at its annual developer conference displaying the Blackwell GPU and announced that the Blackwell graphics processing units would massively... read more

Generative AI threats driving momentum for biometric identity

19 Mar 24 @ 18:13

By 2026, attacks using AI-generated deepfakes on face biometrics will mean that 30% of enterprises will no longer consider such identity verification and authentication solutions to be reliable in isolation,... read more

Levelling up: Payments power the gaming industry

19 Mar 24 @ 17:38

Gamers want to enjoy their favourite activity without the hassle of complicated payments processes, while publishers and distributors need to efficiently manage transactions and ensure security. But dynamic and integrated... read more

From niche to mainstream: How Virtual Cards are accelerating crypto adoption in online payments

19 Mar 24 @ 12:15

In the rapidly evolving world of online commerce, the quest for more secure, efficient, and globally accessible payment methods has led to significant innovations. Among these, virtual cards and cryptocurrencies... read more

As instant payments go global, new risks emerge: banks must prepare

18 Mar 24 @ 18:05

A new white paper from global digital banking infrastructure firm RS2 describes the rapid adoption of Instant Payments world-wide, predicting that one in three consumer payments will be instant by 2029.... read more

Worldline partners with Cassa Centrale Group in Italy

18 Mar 24 @ 15:38

Cassa Centrale Group is set to pursue a long-term partnership in the acquiring world, involving the provision of services along the value chain of digital payment acceptance and international acquiring... read more

Stripe passed $1 trillion in total payment volume in 2023

18 Mar 24 @ 15:19

Stripe announced in its annual letter that it surpassed $1 trillion in total payment volume in 2023, up 25% from 2022. The milestone, which comes 15 years after the company was... read more

Report: Consumer-to-Business payments – A strong growth outlook

15 Mar 24 @ 11:16

Retail payments is a rich and promising industry, earning what Bain & Company estimates as $356 billion in global revenue in 2021, with projected annual growth of 6% to $480... read more

SAP launches new Commerce Cloud payment solution

15 Mar 24 @ 10:45

SAP has launched a new composable payment solution to help retailers stay ahead of changing customer expectations. The new solution, SAP Commerce Cloud, open payment framework, helps retailers become more... read more

Banco do Brasil partners with G+D to test DREX CBDC

14 Mar 24 @ 14:54

Banco do Brasil (BB) will partner with Giesecke+Devrient (G+D) to test an offline payment solution within the CBDC pilot of the Brazilian Digital Real Electronic (DREX). This will allow the... read more

Battle heats up over rule to limit credit card late fees

14 Mar 24 @ 14:35

In early March The Consumer Financial Protection Bureau (CFPB) finalized a rule to cut excessive credit card late fees by closing a loophole exploited by large card issuers in the... read more

Visa and Western Union deepen cross-border payment partnership

14 Mar 24 @ 09:00

Visa has announced a further 7-year agreement with Western Union, building on its existing integrations with Visa Direct in 2022 and 2019, which enabled US and European customers to send and... read more

Market meltdown – impacts on infrastructure, regulation and innovation

13 Mar 24 @ 18:03

The Payments Innovation Jury today releases its 2024 global report “Market meltdown – impacts on infrastructure, regulation and innovation”, which reveals global payment leaders’ views on how tumultuous macroeconomic changes... read more

Italian in-store mobile payments grew 88% in 2023

13 Mar 24 @ 17:45

In 2023, Nexi recorded an 88% increase in the value of in-store mobile payments transactions via smartphone and smartwatch in Italy, new data reveals. According to further data released by... read more

ID fraud may account for 50% of all bank-reported fraud by 2025

12 Mar 24 @ 13:40

Analysis of the UK’s largest database of syndicated risk intelligence shows ID fraud is the top fraud type reported by banks and other financial service providers, accounting for 45% of... read more

Taking Carrier Billing to a new level of reach, relevance, and respectability

12 Mar 24 @ 11:59

By appreciating its true strengths, and overcoming its pain points, carrier billing can become far more relevant to many more merchants – and hundreds of millions of European consumers. Today,... read more

Instant payments will be 30% of e-commerce by 2027

11 Mar 24 @ 20:26

According to Ovum[1], the use of instant payments for e-commerce will account for almost one in three of all digital transactions across Europe by 2027. This brings benefits to merchants... 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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... 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