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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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5 tips to consider when planning a career change

22 Sep 23 @ 09:01

If you think the Great Resignation—the period during the pandemic which saw hundreds of thousands of people voluntarily leave their jobs—is over, think again. Recent data shows that over half... read more

The changing nature of e-commerce habits across Europe

21 Sep 23 @ 13:02

A new survey highlights the changing e-commerce behaviour of European consumers. The findings show that while consumers are generally cutting back their e-commerce and adopting cost-saving measures, they are still... read more

Swift enhances cross border dominance with Visa and Wise deals

20 Sep 23 @ 11:45

You may all be aware that Sibos is on this week! Earlier in the week we covered an interesting development that Revolut is attacking Swifts dominance in cross border payments... read more

Global e-commerce growth set for stellar growth to 2027

20 Sep 23 @ 10:13

Ever wondered which country leads the e-commerce market in terms of value, or how regions compete in this digital era against global competitors? A recent  study delves deep into these... read more

Intesa Sanpaolo launches SoftPOS in Italy

20 Sep 23 @ 08:26

Intesa Sanpaolo are launching a SoftPOS solution that allows merchants to use their smartphones and tablets to accept payments made by their customers using contactless cards from the main schemes... read more

INFORM spotlights focus on ethical AI with new guidelines

19 Sep 23 @ 12:14

INFORM has released the publication of its in-depth Responsible AI Guidelines. As the AI landscape continually evolves, INFORM says it recognises the imperative to harness its power responsibly. The tremendous... read more

Revolut RevTag launches to take on Swift cross border dominance

19 Sep 23 @ 11:00

Revolut has announced the launch of RevTag, its instant and free payments ecosystem, to Revolut Business customers. The RevTags feature will enable customers to send and receive instant zero-fee cross-border... read more

Commercial payments offer huge potential…and CAGR of 11.3%

18 Sep 23 @ 16:46

The World Payment Report 2023 Executive Survey results indicate that retail payments comprise 59% of total transaction volume while commercial payments comprise 41%. However, in terms of value, commercial payments make... read more

Merchants accepting digital payments to soar by 2030

18 Sep 23 @ 15:36

According to Data Bridge research, the global market for digital payments acceptance systems is set to grow by 28% by 2030 to reach $53.4 billion. Changing consumer behaviours and technology... read more

EU mandates instant payments from end 2024: early movers to gain advantage

18 Sep 23 @ 14:50

In May 2023, the European Commission published a draft proposal to mandate the use of instant payments for all Euro transactions between member states into and out of the Euro... read more

World Payments Report: Non-cash transactions continue to rise

15 Sep 23 @ 14:42

Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more

Three challenges that could end Elon’s X factor dream

15 Sep 23 @ 13:56

In 1999, a then-unknown Elon Musk purchased the web domain x.com and set about building his vision for an internet-only bank. While said bank didn’t materialise, the site eventually morphed... read more

Half of all UK payments now use debit cards

15 Sep 23 @ 09:53

The total number of UK payments (consumer and business) in the UK last year increased to 45.7 billion, up from 40.4 billion in 2021. Payments made by businesses accounted for... read more

UK cash usage reverses downward trend in latest data

14 Sep 23 @ 14:58

Consumer cash payments increased by 8% to 6.3 billion payments in 2022. This was the first-time cash transactions grew since 2012. Although cash payments are still more than 30% below... read more

Banks planning and engagement with Metaverse falls away

13 Sep 23 @ 16:59

In a new Global Benchmark for Sustainable Banking report it examines the key trends, opportunities and challenges presented by the adoption of key emerging technologies such as cybersecurity technologies, machine... read more

Three central banks currently testing Swift CBDC connector

13 Sep 23 @ 16:34

Swift has entered a new phase of its breakthrough work on Central Bank Digital Currency (CBDC) interoperability, announcing that three central banks are beta testing its solution for interlinking CBDCs.... read more

Debit cards top of wallet for Point of Sale payments

12 Sep 23 @ 16:51

Whether consumers have swiped, tapped, dipped, waved a wrist or held a device near a card reader at a retail location in recent months, the chances are good that they’ve... read more

The cyber crime ecosystem – Ransomware and extortion

12 Sep 23 @ 16:20

In 2017, the National Cyber Security Centre (NCSC) published a detailed report examining the cyber crime business model – this report has been updated in 2023. Since 2017, the growth... 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