14 Aug 24 @ 08:40

The $30 billion preliminary interchange fee settlement between Mastercard, Visa and retailers has been formally rejected by the US courts. The ruling means both Visa and Mastercard will have to... read more

14 Aug 24 @ 08:38

Senator Ted Budd (R-NC) has introduced the Secure Payments Act, which would require the Federal Reserve to pause its Regulation II Debit Card Interchange Fee proposal until it completes a... read more

31 May 24 @ 14:17

A collaborative and accessible ecosystem are crucial tenets for the success of real time payments. Enough institutions need to be bought in- whether through mandates or market-driven demand- and systems... read more

31 May 24 @ 14:11

It’s tough at the top. Well, it’s even tougher at the bottom. While the pressure has arguably never been greater for retail banks to conform to new standards of service... read more

31 May 24 @ 13:27

Payment services innovation like Pay by Bank and Buy Now Pay Later are expanding the options for shoppers and merchants, giving competition to incumbent card issuers. Long-dominant card payment schemes... read more

02 May 24 @ 10:03

A new study from the Merchant Payments Ecosystem (MPE) organisation and Arkwright Consulting reveals European consumers and merchants in downbeat mood after the pandemic, with almost all European consumers surveyed... read more

02 May 24 @ 10:02

A moment of drama, such as sometimes happens in payments, came during the recent MPE conference in Berlin. A UK retailer responded to Visa’s claim that payment networks add far... read more

02 May 24 @ 09:59

As the digital revolution continues in payments, observers will notice a shift from consumer payments to the B2B sector over the last couple of years. At one level, this is... read more

14 Dec 23 @ 16:19

As funding dries up for neo-banks and questions arise over their capacity to secure account balances from the many customers who have opened digital-only accounts in recent years, it looks... read more

24 Oct 23 @ 11:30

As part of new series on high-growth Asian markets outside China, James Wood looks at Thailand, asking what’s next for a country that’s seen P2P and digital wallet payments soar.... read more

24 Oct 23 @ 10:44

Payments Cards & Mobile Managing Editor James Wood says Elon Musk’s ambitions for Twitter face formidable obstacles. In 1999, a then-unknown Elon Musk purchased the web domain x.com and set... read more

24 Oct 23 @ 10:26

We debate the current wave of skepticism about AI in our September-October issue. In brief, and outside its obvious applications in fraud detection and management, some senior executives have expressed... read more

24 Oct 23 @ 09:52

Back in September 2022, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives merchants a choice in... read more

24 Oct 23 @ 09:51

Apple Card has hit $10 billion in deposits since its launch back in May. At launch, the high-yield savings account with Goldman Sachs, saw $990 million in deposits in just... read more

24 Oct 23 @ 09:43

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

14 Aug 23 @ 16:16

As new payment methods proliferate for both consumers and businesses, user experience (UX) means more than ever – and can make the difference between success and failure. James Wood gets... read more

14 Aug 23 @ 16:15

As Open Banking services approach take-off in some European markets and the US fires up its regulatory engine, we ask: how can banks make money out of Open Banking? It’s... read more

14 Aug 23 @ 14:53

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

14 Aug 23 @ 14:27

The 2023 version of The Global Payments Report by Worldpay, has revealed that Account to Account payments are now worth $525 billion globally – and are projected to grow at... read more

06 Jun 23 @ 13:27

Open Banking services are taking off world-wide. But questions remain about how some players – especially banks – can make money out of this new era. As Variable Recurring Payments... read more