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UK makes ruling on stablecoins for the “real economy”

07 Nov 23 @ 10:00

The Bank of England (BoE) and Financial Conduct Authority (FCA) have set out proposals that aims to bring stablecoins as a payment option for goods and services in the real... read more

$3.5 trillion: the cost of a global cyber hack – should government intervene?

06 Nov 23 @ 17:14

Imagine this fictitious scenario: Cyber criminals manage to inject malicious code into global payments software that spreads rapidly to tens of thousands of partner networks at banks and throughout the... read more

Global merchant acquiring revenue will reach $100 billion by 2027

06 Nov 23 @ 12:03

Behind the curtain of an overall attractive market segment, the merchant acquiring business is being convulsed. Changes affect every layer of the mer­chant services stack. For incumbents—banks and payment monoliners—adapting... read more

Swiss National Bank puts CBDC into production

06 Nov 23 @ 11:37

The Swiss National Bank (SNB) and six commercial banks, will collaborate on a pilot focused on tokenized central bank money for financial institutions (referred to as wholesale central bank digital... read more

PayPal receives SEC subpoena on stablecoin – share price rockets

03 Nov 23 @ 17:46

PayPal has reported that it has received a subpoena from the US Securities and Exchange Commission’s division of enforcement related to its stablecoin linked to the US dollar. The subpoena demands... read more

Nordic Payments Report: Contactless is king

03 Nov 23 @ 14:27

Nordic countries continue to lead the world in their adoption of cashless payment methods, according to a new Nordic Payments Report. Cash use in the Nordics is the lowest in... read more

Integrated payments to hit $97.8 billion by 2030: ISVs are winning

03 Nov 23 @ 13:36

A new white paper from global payments platform RS2 says merchant needs are changing as digital and physical payments merge. To compete with ISVs (Independent Software Vendor) who are winning... read more

Visa and HSBC trial tokenised deposits in e-HKD trial

02 Nov 23 @ 17:59

Visa, HSBC and Hang Seng Bank say they have concluded participation in the Hong Kong Monetary Authority’s (HKMA) e-HKD tokenised deposits pilot for a CBDC. The program, which is part... read more

ECB: Why we need a better cross-border payments network

02 Nov 23 @ 17:43

In recent decades, the world has witnessed a remarkable surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Global payments are expected to rocket from... read more

EPI successfully completes acquisition of iDEAL and Payconiq

02 Nov 23 @ 10:51

The European Payments Initiative (EPI) has announced the successful closure of the acquisition of the Dutch payment solution iDEAL and the Luxembourg technology provider Payconiq International as announced earlier this... read more

Quantum computing: seize the opportunity but guard against risk

01 Nov 23 @ 17:35

UK Finance has launched two reports analysing the risks and opportunities of quantum computing for the UK financial services sector. The reports Quantum Risks and Quantum Opportunities together set out... read more

Are banking apps the new Super Apps?

01 Nov 23 @ 13:25

Consumers increasingly choose digital banking channels to check their balances, initiate payments, apply for loans, and complete other interactions with their banks. This trend creates opportunities for banks to embed... read more

Why are European payments companies struggling Vs their US counterparts?

01 Nov 23 @ 12:32

Yesterday Payments Cards & Mobile covered the seemingly unstoppable growth of the Payments Industry big 3. Once again the posted stellar results either for Q3 in the case of Mastercard... read more

Quarterly earnings: Big 3 continue to beat forecasts

31 Oct 23 @ 18:19

Its Quarterly earnings, that time of year again as the quarter finishes and all the major players review and publish the latest data from their platforms – last quarter it... read more

Collaboration key to unlocking Variable Recurring Payments opportunity

31 Oct 23 @ 16:26

With all eyes on the future of Open Banking, merchants, banks and payment providers are convinced that Variable Recurring Payments (VRPs) will unlock widespread  benefits, provided the industry works together... read more

UK Payment Systems Regulator releases APP Fraud report

31 Oct 23 @ 14:00

The UK’s Payment Systems Regulator (PSR) has published its first APP fraud and scams performance report. Authorised push payment (APP) fraud happens when a fraudster tricks someone into sending a... read more

Transforming commercial payment: a $371 billion revenue opportunity

30 Oct 23 @ 19:47

One third (33%) of commercial payments clients are highly likely to switch to another provider if it offered more value-added services that enrich the payments experience, according to Accenture’s Commercial... read more

Annual Fintech State of the Union – VC’s positive on fintech future

30 Oct 23 @ 19:07

Discover Global Network has released their third annual Fintech State of the Union (FSOU), providing global perspectives from fintechs, venture capitalists, and consumers. The Fintech State of the Union surveyed... read more

Trending

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more