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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Bank servicing of SMEs is getting worse

01 Sep 23 @ 17:13

For years now, the challenges small and medium enterprises (SMEs) face in payments have not been getting easier. As long ago as 2019, banking infrastructure firm Banking Circle told us... read more

Digital wallets transaction value to surpass $16 trillion globally

01 Sep 23 @ 16:48

A new study finds that the total value of digital wallets transactions will rise from $9 trillion in 2023 to $16 trillion in 2028, a growth of 77%. This trend is... read more

What the SEC’s court defeat by Grayscale means for bitcoin ETFs

01 Sep 23 @ 09:28

This week, Grayscale scored a resounding legal victory over the energetic and ruthless SEC, in its efforts to offer a spot bitcoin exchange traded fund. One result was that the... read more

Visa and Mastercard plan to increase US interchange fees

31 Aug 23 @ 16:23

Visa and Mastercard are planning to raise network and interchange fees merchants pay when accepting credit cards, the increases are set to begin in October 2023 and April 2024. Many... read more

X moves into Super App territory with new payments licenses

31 Aug 23 @ 16:09

For several months now Payments Cards & Mobile has been covering the fast moving change in direction of Twitter (now X) from a messaging platform to a mobile payments Super... read more

Swift demonstrates potential of tokenised assets with blockchain

31 Aug 23 @ 11:33

Swift has released results from a new series of experiments that show its infrastructure can seamlessly facilitate the transfer of tokenised value across multiple public and private blockchains. The findings... read more

Tool up: can Data Analytics make a difference?

30 Aug 23 @ 16:25

In our ongoing quest to get behind the hype, we consider Data Analytics and how much of a benefit this gives banks, service providers and retailers when it comes to... read more

Open Banking payments hits new record milestone

30 Aug 23 @ 12:44

Open Banking has reached a significant milestone, surpassing 11.4 million payments in the UK in July 2023. This achievement reflects a 9.3% increase in total payments compared with the previous... read more

Analysis finds Synthetic Identity Fraud growing to record levels

29 Aug 23 @ 16:43

As origination volumes for some credit products slow, analysis finds fraud risk is continuing its upward trajectory as fraudsters employ increasingly sophisticated tactics to target lenders. TransUnion found that synthetic identity... read more

Canadians leave wallets at home – mobile payments surge

29 Aug 23 @ 15:55

Canadians’ reliance on their smartphones continues to increase. Interac data reveals a 53% jump in the use of Interac mobile payments in stores and a 17% surge in its use for... read more

How European merchants can avoid cart abandonment in Asia

29 Aug 23 @ 15:28

JCB International has launched a new white paper aimed at supporting European merchants to address a common challenge in the e-commerce space: cart abandonment. Merchants who proactively tackle cart abandonment... read more

3 great jobs of the week in UK neobanking

25 Aug 23 @ 09:20

Agile and innovative, neobanks are popular among consumers and job seekers alike. For end users, the appeal is obvious: neobanks such as Revolut, Curve, GoHenry and Monzo offer a customer-centric... read more

Cybersecurity spending grows…as does the threat

23 Aug 23 @ 15:02

As the number of corporate cybersecurity threats grow, company treasurers intend to devote the same or more resources to defending their digital systems and estate – their websites, apps and... read more

Digital yuan CBDC transaction smash $250 billion mark

23 Aug 23 @ 13:16

China’s digital yuan transactions reached 1.8 trillion yuan ($250 billion) at end Q2 2023, announced Yi Gang, Governor, People’s Bank of China at a conference in Singapore. This was 18... read more

Victory for Ripple and crypto industry in SEC lawsuit

23 Aug 23 @ 12:57

Back in March 2021 Payments Cards & Mobile reported that Ripple and its partnership with MoneyGram ended by mutual agreement due to the SEC’s December lawsuit against Ripple alleging XRP is a security.... read more

Fraud Report: How fraudsters dupe shoppers using words

22 Aug 23 @ 15:21

With more than a third of online shoppers (35 percent) having been a target of fraud over the past year and more than 100,000 consumers in the UK alone falling... read more

Study finds Debit Issuers focused on digital payments

22 Aug 23 @ 13:02

The 2023 PULSE Debit Issuer Study, finds consumer demand for digital payments, mobile self-service capabilities and fraud management is commanding the attention of financial institutions. Following the volatility experienced during... read more

Chinese super apps open door to Visa, Mastercard and others

22 Aug 23 @ 09:00

Visa and Mastercard are now to be integrated into the accounts of China’s most popular super app platforms, allowing card holders on the international brands to pay for goods and... 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