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NAKA self-custodial payment card/scheme for global POS network

12 Oct 23 @ 08:28

NAKA has developed a new technology that bridges the gap between the traditional payment industry and the blockchain world. It encompasses a payment scheme running fully on smart contracts and... read more

High rates of false declines and the negative impact on online shopping

11 Oct 23 @ 10:01

A new report explores the relationship between consumer shopping habits and brand trust, and found alarming rates of false declines, cart abandonment, and trust issues in online shopping users. Abandoned... read more

Spanish banks explore digital euro via existing infrastructure

10 Oct 23 @ 18:21

As the European Central Bank (ECB) progresses towards a final decision on its digital euro retail CBDC, the Spanish banking sector has put together use cases that would see the... read more

Payments industry performance – Revenues remain resilient

10 Oct 23 @ 17:23

The payments industry’s 2022 performance, in terms of revenues and valuations, shows ongoing change with opportunities for growth and margin improvement across geographies and products. A close look at revenues... read more

74% of UK payments leaders believe AI will mitigate risk

09 Oct 23 @ 17:10

While financial forecasters continue to signal near-term economic downturns across the globe, FIS has conducted new research to understand how corporate executives across industries are innovating amid uncertainty. FIS’ Global Innovation... read more

American Express to pilot biometric recognition in SafeKey

09 Oct 23 @ 16:55

American Express is adding biometric, via facial and fingerprint recognition, to SafeKey to help prevent fraud and create a simple and intuitive online checkout process. The company is the first... read more

Global card purchase volume hits $42.7 trillion

06 Oct 23 @ 14:08

A new report reveals that growth in card purchase volume in 2022 was driven by increasing financial inclusion, digitisation and the easing of lockdowns. Global Cards and Payments shows that... read more

What do the PSD3 and PSR mean for the payments sector?

06 Oct 23 @ 13:44

On June 28, 2023, the European Commission (EC) published a set of new legislative proposals, notably for a Third Payment Services Directive (PSD3) and a Payment Services Regulation (PSR). It... read more

Class-action lawsuit accuses PayPal of anticompetitive pricing

06 Oct 23 @ 11:49

Consumers have filed a class-action lawsuit against Venmo and PayPal, alleging it enacts illegally anticompetitive policies through its anti-steering rules that ultimately lead to millions of consumers paying excess charges annually,... read more

Exploring FIDA: revised rules on financial data sharing access

05 Oct 23 @ 16:09

In June 2023 the European Commission put forward a proposal for a Regulation to further digitalise and improve competitiveness in the European financial sector. The proposal for a Financial Data... read more

BIS and central banks explore cross-border transactions regulation

05 Oct 23 @ 12:38

The Bank for International Settlements (BIS) and central bank partners have launched Project Mandala. The project explores the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol... read more

AirPlus launches new spend analytics platform AirPlus Intelligence

05 Oct 23 @ 09:30

AirPlus International has introduced AirPlus Intelligence, a brand-new tool that enables customers to analyse and manage their spend. Its basic module, the AirPlus Intelligence Hub, is now available as an... read more

PayPal integrates Apple Wallet for In-Store and online payments

04 Oct 23 @ 15:58

PayPal has revealed that users can now add their PayPal and Venmo credit or debit cards to their Apple Wallet – a move that was announced last year as part... read more

ECB set to start wholesale CBDC trails on DLT

04 Oct 23 @ 11:16

The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking... read more

Revolut agrees deal with SoftBank to gain UK banking licence

04 Oct 23 @ 10:49

Finally good news for the embattled fintech as Softbank and Revolut agreed to simplify the ownership structure between the UK fintech and its largest investor. This was, according to reports,... read more

Will the EC’s new legislative proposals help unlock Open Banking

02 Oct 23 @ 17:07

It’s now been a few months since the European Commission (EC) published its package of proposals for the next generation of payments regulation in the EU. The proposals – which... read more

Global research data – The importance of payments preferences

02 Oct 23 @ 16:21

Planet has announced the findings from its latest shopper sentiment poll of over 7,500 consumers across 19 nations. The report provides retailers with new insights into what their customers want... read more

Revolut faces further regulatory scrutiny in UK

02 Oct 23 @ 15:53

Its never a good look for a company hoping to be granted a UK banking licence to be hauled up by two of the most prominent regulatory bodies for separate... 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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... 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