25 Mar 19 @ 10:13
One of the two biggest PSD2 deadlines mandated has been and gone without without anybody really raising an eyebrow. More importantly, March 14 passed without the compliance of 41% of... read more
22 Mar 19 @ 16:35
Fraud losses on UK-issued cards totalled £671.4 million in 2018, a 19% increase from £565.4 million in 2017. At the same time, total spending on all debit and credit cards... read more
22 Mar 19 @ 16:01
Instagram has launched a new shopping function called Checkout on Instagram. The additional functionality, only currently available in the US with 20 big brands, means you can purchase directly through... read more
22 Mar 19 @ 12:47
Voice assistants continue to gain momentum, but there’s still little clarity around how this new interface affects the brand-consumer relationship, and how brands need to reposition themselves in light of... read more
21 Mar 19 @ 17:55
Cross-Border Commerce Europe has released a piece of research covering and ranking the 500 strongest European players with a focus on cross-border e-commerce performance. Total online EU cross-border market represents... read more
21 Mar 19 @ 16:50
A new report has found that the annual value of virtual cards (temporary card numbers only available for a single transaction or limited time) used by businesses will grow 90% over... read more
21 Mar 19 @ 09:57
Despite the arrests of three prominent members of the FIN7 cybercrime gang beginning in January 2018, attacks targeting businesses and customer payment card information did not cease. The latest evidence involves the... read more
19 Mar 19 @ 16:34
McKinsey has announced the findings of a future of shopping survey conducted with 2,624 consumers in France, Germany, UK and the US. The research entitled, ‘The Future of Shopping: connected,... read more
19 Mar 19 @ 13:45
The European Banking Authority (EBA) has launched a central electronic register under the Payments Services Directive (PSD2). The register will provide information on several thousand payment and electronic money institutions... read more
18 Mar 19 @ 15:48
First Data has released its first nationally-representative study of more than 2,000 German consumers. The study examines consumers’ preferred payment methods, as well as the key factors that influence the... read more
18 Mar 19 @ 13:32
Nearly six in ten consumers would be willing to share significant personal data, such as location data and lifestyle information, with their bank and insurer in exchange for lower pricing... read more
18 Mar 19 @ 12:22
FIS has announced that it has offered $43 billion to buy Worldpay, in a deal that would create one of the largest providers of payments infrastructure that powers banks and... read more
14 Mar 19 @ 16:40
Amidst a continuous stream of headlines around digital trust and about major data breaches in enterprise and government agencies, the degree to which consumers have placed their trust in organisations... read more
14 Mar 19 @ 12:45
That banks are struggling with complexity and how to manage competing priorities is nothing new. However, the growth of mobile and now IoT payments means that banks need a back-end... read more
12 Mar 19 @ 09:37
Cryptocurrencies, also termed as digital or virtual currencies are considered as a form of asset and the currency is designed to work as an exchange medium. Cryptocurrencies use strong cryptography... read more
11 Mar 19 @ 17:14
According to the World Payments Report, the global volumes of non-cash transaction volumes grew by 10.1%, reaching 482.6 billion between 2015 and 2016. In addition, McKinsey’s recent Global Payments 2018... read more
11 Mar 19 @ 15:37
US credit card debt has hit a new record of $870 billion as of December 2018, according to the data from the Federal Reserve. Credit card balances rose by $26... read more
11 Mar 19 @ 08:49
Mastercard dropped out of the competitive bidding with rival Visa for Earthport and announced it has entered into an agreement to acquire Transfast, a competitor account-to-account money transfer network. Transfast... read more
08 Mar 19 @ 09:58
In highlighting just how difficult it will be for society to go completely cashless, this week has seen the UK report on how it cannot allow its cash infrastructure to... read more
07 Mar 19 @ 13:01
According to a new cybercrime report, news has recently emerged of the first machine learning generated fingerprints. According to Wired.com, a group of computer scientists from New York University’s engineering... read more
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
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
22 Oct 26 @ 18:16
The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more