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Global SoftPOS transaction value to grow 1,050% by 2028

10 Jan 24 @ 16:38

A new study forecasts that the global transaction value processed via SoftPOS will reach $11.8 billion by 2028, up from $1 billion in 2023. Growth will be driven by Apple’s... read more

Cross-border payments: Progress is positive

09 Jan 24 @ 16:37

Ever since the time of Shakespeare’s Merchant of Venice, the question of how to trust that people in other countries would pay you in full and on time has kept... read more

Big Tech fights back over digital wallet regulation

09 Jan 24 @ 16:02

Big Tech companies like Apple Google and others that provide digital wallets and payment apps are fighting back from suggested regulatory oversight by US watchdog. Back in September 2023, The... read more

MTN targets 50% of Africa’s mobile wallets with Ericsson deal

09 Jan 24 @ 13:44

MTN Group have strengthened their partnership with Ericsson to enhance mobile wallet and financial services and financially empower millions of citizens across Africa. The partnership is set to broaden the... read more

Banking super apps: knocking the competition for six

08 Jan 24 @ 20:07

As we write about Elon Musk’s plans for X and the future of Open Banking in Europe, news reaches Payments Cards & Mobile of an alternative to either the social... read more

Fraud predictions: Fintech, AI and Retail

08 Jan 24 @ 16:35

As we move seamlessly into 2024 it is an unfortunate fact that fraud across the payments industry will continue to grow as the industry continues to innovate and mature, but... read more

Faster payments across the G20 risks financial crime explosion

08 Jan 24 @ 16:13

The increasing speed of international payments in the G20 is not taking into account its enablement of financial crime and enforcement of sanctions against Russia and other states, according to... read more

New study reveals how to implement digital ID successfully

05 Jan 24 @ 13:14

A new report from European payments solutions experts Nets sets out the factors financial institutions should consider when implementing a digital ID solution. A previous blog reviewed the trends that... read more

Optimising cross-border payments for SMEs

05 Jan 24 @ 12:43

The recent explosion in e-commerce has created huge opportunities for Small and Medium Enterprises (SMEs) globally  – yet capitalising on these opportunities is challenging, especially in cross-border payments. In a... read more

Blackstone to acquire Sony Payment Services

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

Mobile payments – Could the winner take it all?

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

Bitcoin’s carbon wake: Examining the environmental ripple effects of mining

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

JCB inks huge contactless roll out deal in UK

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

How the payments industry can optimise efficiency while creating value in 2024

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

Major European mobile payment solutions agree interoperability deal

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

Stablecoins and macro-economic stability: A macroscopic view

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

Phygital: The future of experience

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

Discord chronicles: Tracking crypto markets with trading signals

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

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