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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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CFPB proposes rule to jumpstart shift to Open Banking

24 Oct 23 @ 09:00

The Consumer Financial Protection Bureau (CFPB) proposed a rule that would accelerate a shift toward Open Banking, where consumers would have control over data about their financial lives and would... read more

Integrated payments are big business – and acquirers need to respond

23 Oct 23 @ 09:51

The new white paper from leading global payments platform RS2 says acquirers, independent sales organizations and payment facilitators need to rethink their growth strategies in response to the recent enormous... read more

Consumers shake up how they access and use BNPL and credit

23 Oct 23 @ 09:30

Consumers are looking to new tools and brands to access BNPL, credit and other financial services, according to a new survey. The 2023 State of Credit report which surveyed 3,000... read more

3 jobs in UK fintech this week

20 Oct 23 @ 09:23

Fintech jobseekers didn’t have an easy H1. With a well-documented 57% decline in fintech investment in London, compared to the same period in 2022, career and company changing has not... read more

Global merchants increase spend to tackle e-commerce fraud crisis

18 Oct 23 @ 17:45

Businesses worldwide plan to significantly increase the money they spend on fighting e-commerce fraud, according to new research from Ravelin. Globally 75% of merchants polled say they will increase their... read more

Next phase of digital euro project gets green light

18 Oct 23 @ 17:24

The Governing Council of the European Central Bank (ECB) decided today to move to the next phase of the digital euro project: the preparation phase. This decision follows the completion of... read more

UAE relaunch RTP initiative and launch new domestic card scheme

18 Oct 23 @ 16:32

Al Etihad Payments (AEP) a subsidiary of the Central Bank of the UAE (CBUAE) has announced it will launch a 24/7 instant payments system and domestic card scheme. The central... read more

The burgeoning growth of chargebacks

16 Oct 23 @ 17:17

Around the world we’ve experienced rapidly changing dynamics over the last few years. There’s been large-scale transformation to the workforce and global supply chains, along with the emergence of new... read more

Latin America – an emerging e-commerce powerhouse

16 Oct 23 @ 16:51

A new report,  LatAm E-Commerce Report 2023, explores e-commerce in Latin America where it observes a remarkable 2.8X increase in sales value. Additionally, the overall number of transactions in the... read more

MoneyGram plans to launch non-custodial digital wallet

16 Oct 23 @ 16:48

MoneyGram has announced plans to launch its own non-custodial digital wallet which will officially debut in Q1 2024. The wallet will enable consumers around the world to leverage stablecoin technology... read more

In focus: European merchant acquiring market 2022

13 Oct 23 @ 09:54

Jeffries recently made a deep-dive analysis of the Nilson Report’s annual Top Merchant Acquiring ranking to compare top players, annual changes and track evolution of payments companies vs. banks. Post... read more

Cyberattacks on European financial services more than doubled in 2023

13 Oct 23 @ 09:37

A new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry, finds that financial services is the third-most attacked vector in the Europe,... read more

NatWest enrols card holders onto Mastercard Click to Pay

13 Oct 23 @ 09:06

This is actually more interesting than you might initially think! NatWest has become the first UK bank to enable Click to Pay for all its customers with a Mastercard debit... read more

Mastercard trial interoperable CBDC for trusted Web3 commerce

12 Oct 23 @ 16:36

Mastercard says it has successfully demonstrated capabilities of a new solution that enables a CBDC to be tokenised (or “wrapped”) onto different blockchains, providing consumers with a new option to... read more

NAKA self-custodial payment card/scheme for global POS network

12 Oct 23 @ 08:28

NAKA has developed a new technology that bridges the gap between the traditional payment industry and the blockchain world. It encompasses a payment scheme running fully on smart contracts and... read more

High rates of false declines and the negative impact on online shopping

11 Oct 23 @ 10:01

A new report explores the relationship between consumer shopping habits and brand trust, and found alarming rates of false declines, cart abandonment, and trust issues in online shopping users. Abandoned... read more

Spanish banks explore digital euro via existing infrastructure

10 Oct 23 @ 18:21

As the European Central Bank (ECB) progresses towards a final decision on its digital euro retail CBDC, the Spanish banking sector has put together use cases that would see the... read more

Payments industry performance – Revenues remain resilient

10 Oct 23 @ 17:23

The payments industry’s 2022 performance, in terms of revenues and valuations, shows ongoing change with opportunities for growth and margin improvement across geographies and products. A close look at revenues... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more