09 Nov 23 @ 13:24

In the last iteration of Economist Impact’s global banking survey, conducted in 2021, banks were facing a perfect storm as the pandemic accelerated consumer use of online banking, hastening the... read more

09 Nov 23 @ 12:15

The Council and the European Parliament have reached a political agreement on the instant payments proposal, which will improve the availability of instant payment options in euro to consumers and businesses in the EU... read more

08 Nov 23 @ 17:48

A new white paper from leading global payments platform RS2 says acquirers, independent sales organizations and payment facilitators need to rethink their growth strategies in response to the recent enormous... read more

08 Nov 23 @ 11:06

The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Driven largely by Big Tech and other large... read more

08 Nov 23 @ 09:58

Back in April Payments Cards & Mobile reported that Chargebacks911 had attracted the ire of the Federal Trade Commission (FTC) which filed a suit against Chargebacks911 for unfairly thwarting consumers... read more

07 Nov 23 @ 12:31

On 28 June, the European Commission published plans for its third payment services directive (PSD3), the successor to 2018’s PSD2. While these plans seem sound enough, questions remain over both... read more

07 Nov 23 @ 11:35

The latest Pix by the Numbers report covers data through Q3 2023, and shows Pix volume continuing to surge. The report also offers key insights for US financial institutions (FIs)... read more

07 Nov 23 @ 10:00

The Bank of England (BoE) and Financial Conduct Authority (FCA) have set out proposals that aims to bring stablecoins as a payment option for goods and services in the real... read more

06 Nov 23 @ 17:14

Imagine this fictitious scenario: Cyber criminals manage to inject malicious code into global payments software that spreads rapidly to tens of thousands of partner networks at banks and throughout the... read more

06 Nov 23 @ 12:03

Behind the curtain of an overall attractive market segment, the merchant acquiring business is being convulsed. Changes affect every layer of the mer­chant services stack. For incumbents—banks and payment monoliners—adapting... read more

06 Nov 23 @ 11:37

The Swiss National Bank (SNB) and six commercial banks, will collaborate on a pilot focused on tokenized central bank money for financial institutions (referred to as wholesale central bank digital... read more

03 Nov 23 @ 17:46

PayPal has reported that it has received a subpoena from the US Securities and Exchange Commission’s division of enforcement related to its stablecoin linked to the US dollar. The subpoena demands... read more

03 Nov 23 @ 14:27

Nordic countries continue to lead the world in their adoption of cashless payment methods, according to a new Nordic Payments Report. Cash use in the Nordics is the lowest in... read more

03 Nov 23 @ 13:36

A new white paper from global payments platform RS2 says merchant needs are changing as digital and physical payments merge. To compete with ISVs (Independent Software Vendor) who are winning... read more

02 Nov 23 @ 17:59

Visa, HSBC and Hang Seng Bank say they have concluded participation in the Hong Kong Monetary Authority’s (HKMA) e-HKD tokenised deposits pilot for a CBDC. The program, which is part... read more

02 Nov 23 @ 17:43

In recent decades, the world has witnessed a remarkable surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Global payments are expected to rocket from... read more

02 Nov 23 @ 10:51

The European Payments Initiative (EPI) has announced the successful closure of the acquisition of the Dutch payment solution iDEAL and the Luxembourg technology provider Payconiq International as announced earlier this... read more

01 Nov 23 @ 17:35

UK Finance has launched two reports analysing the risks and opportunities of quantum computing for the UK financial services sector. The reports Quantum Risks and Quantum Opportunities together set out... read more