06 Apr 20 @ 12:23

Visa is planning a complete overhaul of the interchange fees that merchants pay to accept its cards, hoping more people will abandon cheques, and adjusting its fees for new businesses... read more

13 Feb 20 @ 07:06

The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning to financial services firms to step up their security. Tim Thurlings of... read more

13 Feb 20 @ 07:03

New research shows Discover remained the most widely accepted card scheme worldwide at the end of 2018. A new report from RBR research, Global Payment Cards Data and Forecasts to... read more

18 Dec 19 @ 15:50

As much as 15 percent of North American banks’ payments revenue — $88 billion — is likely to be displaced by the growth of digital payments and competition from non-banks,... read more

18 Dec 19 @ 15:37

This year’s Money2020 USA in Las Vegas revealed an industry in transformation, with the digital revolution in full flight. Although new products and services were launched to support online transformation,... read more

14 Oct 19 @ 08:45

As much as 15 percent of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become... read more

14 Oct 19 @ 08:36

Since being shown the door by eBay in 2018, PayPal, once one of the most innovative digital payments companies in the world, has continued to perform well and dominate the... read more

06 Aug 19 @ 12:20

Analysts predict the world’s economy will pivot to Asia in the next few years, with industry commentators noting astronomical growth in Chinese digital P2P and P2B systems such as WeChat... read more

06 Aug 19 @ 12:17

The rise of digital payments is one reason why some analysts predict heavy weather for the major card networks. Others include tighter regulation, possible disintermediation through open banking innovations, creaking... read more

06 Aug 19 @ 11:34

Facebook’s launch of a stablecoin named Libra, made with an array of blue-chip partners, has met with a tepid response from industry commentators. However, the announcement confirms blockchain’s real and... read more

04 Jun 19 @ 10:53

The ECB recently launched its new TIPS settlement system, aiming to enable instant payments across the continent and increase Europe’s competitiveness relative to US and Chinese payment systems. But will... read more

03 Jun 19 @ 15:05

Visa and Mastercard have offered to cut interchange fees on payments made by tourists using cards issued outside the European Union to limit fines and end an EU antitrust investigation.... read more

03 Jun 19 @ 15:04

The UK Court of Appeals has overturned a formerly favourable Mastercard interchange fee ruling. The £14 billion lawsuit against Mastercard for imposing charges on UK consumers looks set to proceed... read more

03 Jun 19 @ 15:03

In early April, Apple launched the world’s first digital credit card in partnership with Goldman Sachs and Mastercard. Industry opinion on the strategic and operational benefits of this move is... read more

03 Jun 19 @ 14:31

Coinbase, a small cryptocurrency exchange, is launching Coinbase Card, a Visa bitcoin debit card in the UK. This card will let users pay with bitcoin, ethereum and litecoin. Coinbase says... read more

08 Apr 19 @ 14:33

The European Commission (EC) is considering implementing new regulations to support and accelerate the adoption of the TARGET Instant Payments Settlement System (TIPS) in an effort to challenge the dominance... read more

08 Apr 19 @ 13:42

Brexit brings a wave of uncertainty and change to the UK business landscape. Since the day the UK voted to leave the EU, it’s been a whirlwind. But what will... read more

08 Apr 19 @ 13:11

Successive waves of Point-of-Sale (POS) terminals are “sunsetting” – no longer receiving software updates – leading to significant upgrade or replacement costs for retailers. Meanwhile, non-POS methods of payment are... read more

06 Feb 19 @ 05:58

The number of merchant outlets accepting card payments worldwide grew by 13 percent throughout 2017 to reach 69.2 million at the end of the year.  The two least-developed regions in... read more

06 Feb 19 @ 05:12

Blockchain has been called the most over-hyped innovation in the world today, with the hysteria surrounding it sometimes compared to the infamous “dot.com” bubble of 1999-2000. PCM Editor James Wood... read more