05 Jan 24 @ 09:26

Blackstone have entered into a definitive agreement to acquire a majority stake in Sony Payment Services (SPSV), one of Japan’s leading payment service providers, from Sony Bank, a wholly-owned subsidiary... read more

21 Dec 23 @ 16:46

As Open Banking stumbles and consumers increase their digital footprint, mobile payments could end up dominating the landscape. James Wood considers opportunities and risks in money on the move. There... read more

21 Dec 23 @ 12:07

The world has witnessed an unprecedented surge in the popularity of cryptocurrencies, marking a transformative era in the financial landscape. Spearheaded by the ground breaking technology known as blockchain, cryptocurrencies... read more

21 Dec 23 @ 09:24

JCB International has announced an extension of its collaboration with FIS and its merchant solutions business, Worldpay from FIS, to enable JCB Contactless for its UK merchants in the largest JCB... read more

20 Dec 23 @ 13:00

In today’s fast-paced and highly competitive business environment, payments providers face the dual challenge of optimising payment efficiency while creating value for their customers. This heightened attention towards the customer... read more

20 Dec 23 @ 10:03

Bizum (Spain), BANCOMAT (Italy) and SIBS (Portugal), three leading mobile payment companies in their respective markets, have signed a Letter of Intent to implement the interoperability. This agreement aims to... read more

20 Dec 23 @ 09:30

Stablecoins represent a distinct category of digital assets designed to mitigate the volatility inherent in many traditional cryptocurrencies. Stabilization coins, in contrast to their more erratic rivals like Bitcoin, are... read more

19 Dec 23 @ 18:27

The emergence of the ‘phygital’ concept has become a game-changer in the business world. In the current business landscape, the Covid-19 pandemic disrupted physical interactions and supply chains, prompting the... read more

19 Dec 23 @ 10:23

Due to the decentralized nature of cryptocurrencies and the advancements made possible by blockchain technology, people’s perceptions and interactions with traditional financial institutions have undergone a radical change. The significance... read more

19 Dec 23 @ 09:03

Visa has entered into a definitive agreement to acquire a majority interest in Prosa, a leading payments processor in Mexico. Under the agreement, Prosa will continue to operate as an... read more

18 Dec 23 @ 17:45

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

18 Dec 23 @ 13:38

In May 2022 Payments Cards & Mobile reported that The European Commission had accused Apple of abusing its market position for contactless payments via its digital wallet app Apple Pay. Now it... read more

18 Dec 23 @ 12:34

The market for cryptocurrencies, which is well-known for being volatile, has had several ups and downs this year. With the overall market capitalization of cryptocurrencies reaching previously unheard-of heights, the... read more

15 Dec 23 @ 12:08

According to the 2023 version of The Global Payments Report by Worldpay, digital wallets are both the world’s dominant payment method, and its fastest-growing. While debit and credit cards continue... read more

15 Dec 23 @ 11:41

The Federal Reserve says that FedNow Service participation continues to show strong growth and diversity heading into the new year. 331 institutions, headquartered in 45 states and ranging in size... read more

15 Dec 23 @ 09:50

Nearly one in four UK workers is planning to switch jobs in 2024, according to new statistics from PWC, an 18% jump since this time last year. Job satisfaction, work... read more

14 Dec 23 @ 18:27

Blockchain payments firm Fnality, which raised £77.7 million in a Series B funding a month ago, has announced that is has completed the “world’s first” live blockchain-based wholesale payment transactions... read more

14 Dec 23 @ 11:14

In a new white paper, Halyna Hermanns and Dr. Stephan Lemkens from INFORM GmbH outline developments in AI that deliver for both Fraud and AML. Here, they explain why banks... read more