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Cost of living – Crunching the numbers

30 Jun 23 @ 12:41

Recent news that Millennials are using notes and coins to help them budget against the cost of living explains why cash use rose last year – especially in the UK... read more

Global banks to spend $57 billion on legacy payments technology

30 Jun 23 @ 12:18

According to a new study by IDC Financial Insights, spending on legacy payments technology is rising rapidly and damaging the growth prospects of banks around the world. Global financial institution... read more

Banks need to act soon or miss out on embedded finance ecosystem

29 Jun 23 @ 17:06

Banks will need to act soon to stay in the game or risk losing revenue to newer players in the embedded finance ecosystem. The option to buy now, pay later... read more

PSD3: Modernising payment services and opening financial services data

29 Jun 23 @ 13:11

The European Commission has put forward proposals to bring payments and the wider financial sector into the digital age including an update to PSD2 in the form of PSD3. The... read more

Visa acquire core banking platform Pismo

29 Jun 23 @ 12:45

Visa has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Europe, for $1 billion in... read more

UK credit card market report – Lenders on high alert

28 Jun 23 @ 11:01

The latest data on UK credit card trends paints a picture of considerable consumer financial volatility as the dual pressures of higher inflation and higher interest rates squeeze funds. The... read more

PSD2 in the UK: the impact on fraud and revenues to date

28 Jun 23 @ 10:20

In March 2022, the UK implemented the final piece of the second Payment Services Directive (PSD2), requiring customer-initiated payment transactions to be subjected to strong customer authentication (SCA), via a... read more

Authentaverse: Frictionless way to navigate internet services and e-commerce

27 Jun 23 @ 16:56

A majority of the 200 senior UK financial services firms polled have expressed concern around online safety in relation to the new generation of immersive online environments – metaverses –... read more

Developing ATM markets see strong growth

27 Jun 23 @ 16:30

New research shows that the number of ATMs installed worldwide fell by 2% in 2022 to stand at 3.0 million. The market report reveals that the rate of decline has... read more

Implementing regulation for Instant Payments: A Q&A with the EC

26 Jun 23 @ 17:13

Instant payments are a relatively new type of credit transfer responding to the needs of an increasingly digitalised society. They allow funds to be transferred in a matter of seconds,... read more

Retail banks face a card payment platform cliff: new report provides solutions

26 Jun 23 @ 15:12

A new report from Tietoevry Banking reveals how deep the legacy technology crisis runs for today’s retail banks in payment cards – and discusses options for how these banks can... read more

Options for looking for the right API approach in Open Banking

26 Jun 23 @ 12:09

The first blog in this series, explores the rise of Open Banking and the importance of open, flexible API architectures to success. Drawing on a new report from payment technology... read more

Prompt engineers are commanding salaries in excess of £300k

23 Jun 23 @ 09:40

It’s being predicted that the advent of generative AI and its impact on productivity and jobs has the potential to be this generation’s Industrial Revolution. Just last month, the government’s... read more

US SME payments woes continue to grow

23 Jun 23 @ 09:26

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

Report: State of remittances consumer survey 2023

23 Jun 23 @ 09:10

MoneyGram has released the findings of a new consumer survey, which explores key trending factors and future growth drivers in the global payments industry, taking into account economic impact, digital... read more

Virtual cards are taking over – but will it last?

22 Jun 23 @ 15:58

Virtual cards are taking the payments world by storm. We ask why this is happening, what it means – and how long it’s going to last… As a grizzled hack,... read more

NFC: What’s next for the world’s favourite contactless technology

22 Jun 23 @ 14:03

The NFC Forum, the leading standards body for Near Field Communication (NFC) technology, has unveiled its Technology Roadmap outlining key plans and research efforts through 2028. This comprehensive roadmap includes... read more

TikTok plans major m-commerce landgrab with Project S

22 Jun 23 @ 12:03

In Mid 2021 and late 2022 Payments Cards & Mobile reported on different activities that suggested TikTok was about to place a major bet on the booming m-commerce industry. It... 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