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

14 Dec 23 @ 10:15

In a new white paper Nexi explains why Customer Value Management (CVM) goes far beyond any technique banks have tried before when it comes to deploying new ways to enhance... read more

13 Dec 23 @ 18:23

Google says it will enable merchants in the US who accept Google Pay online to integrate the Zip Pay-In-4 BNPL service, issued by WebBank. This integration, scheduled for a pilot... read more

13 Dec 23 @ 13:14

The Payments Systems Regulator (PSR) in the UK has provisionally proposed a cap on cross-border interchange fees on retailers and other businesses charged by Mastercard and Visa on transactions made... read more

13 Dec 23 @ 10:29

Following the launch of the second euro banknote series – the Europa series – the ECB started to assess the environmental impact of euro banknotes as a means of payment... read more

12 Dec 23 @ 17:35

The summer of 2023 saw a bumper crop of good news for CBDCs, including transactions using the digital Yuan hitting $250 billion, a new CBDC consortium announced by Mastercard and... read more

12 Dec 23 @ 15:43

The technology landscape has evolved significantly over the last year with the introduction of technologies such as ChatGPT and other generative AI tools taking the market by storm, while raising... read more

12 Dec 23 @ 13:27

A new white paper from payment technology specialists Giesecke+Devrient reveals that the combination of physical and digital experiences is now the number one consumer preference for payments and banking across... read more

11 Dec 23 @ 17:08

Amazon has informed PayPal that it will discontinue its use of Venmo as a payment service for purchases, only a year after adding the option. Amazon said it will no... read more

11 Dec 23 @ 16:34

Back in May of this year, the Canadian government announced details of an agreement with Visa and Mastercard that would see them lower interchange fees they charge retailers. Now it... read more