30 Oct 23 @ 18:01
The U.S. Federal Reserve is proposing to cut debit card fees that banks charge merchants for processing debit-card transactions by up to 30%, setting up a face off between the... 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 @ 11:27
As innovations go, Artificial Intelligence (AI) in payments has seen more hype than most. James Wood sorts the bits and bytes to ask where the value of AI in payments... 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
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
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
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
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
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
29 Sep 23 @ 10:35
An European Central Bank unit called the “infinity team” has launched nine trials of generative AI — adapting off-the-shelf systems that can create sophisticated text, images and computer code —... read more
22 Sep 23 @ 12:47
Amid the broader venture gloom, generative AI mega-rounds and unicorn births have kept AI investment levels relatively elevated, with Q2 2023 funding coming in at $9.4 billion. Using CB Insights data,... read more
19 Sep 23 @ 12:14
INFORM has released the publication of its in-depth Responsible AI Guidelines. As the AI landscape continually evolves, INFORM says it recognises the imperative to harness its power responsibly. The tremendous... read more
18 Sep 23 @ 14:50
In May 2023, the European Commission published a draft proposal to mandate the use of instant payments for all Euro transactions between member states into and out of the Euro... read more
08 Sep 23 @ 15:40
Visa has released the Fall 2023 edition of its Biannual Threats Report which highlights emerging fraud schemes targeting the global economy. This edition showcases a significant rise of phishing schemes... read more
07 Sep 23 @ 09:30
A week ago Payments Cards & Mobile reported on press reports that Visa and Mastercard were planning to raise network and interchange fees merchants pay when accepting credit cards. Now,... read more
06 Sep 23 @ 16:19
In a significant development, according to Changchun Mu, director of the People’s Bank of China’s Digital Currency Research Institute, China’s CBDC, the digital yuan, is undergoing major upgrades. Mu spoke... read more
06 Sep 23 @ 16:01
An upcoming webinar from Freemarket on 27th September, 2023 at 2:30PM UK time will discuss recent growth in cross-border e-commerce and how this gives Small and Medium Enterprises (SMEs) great... read more
04 Sep 23 @ 16:43
The entire buy now pay later (BNPL) industry was put on notice when Apple announced the launch of Apple Pay Later in March. While it has only been a few... read more
31 Aug 23 @ 11:33
Swift has released results from a new series of experiments that show its infrastructure can seamlessly facilitate the transfer of tokenised value across multiple public and private blockchains. The findings... read more
21 Aug 23 @ 13:01
A new survey of 150 UK shoppers and 75 retail decision-makers reveals that the retail industry is again on the verge of major disruption. After just eight months in the... read more
14 Apr 26 @ 20:03
Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more
16 Apr 26 @ 11:46
American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more
21 Apr 26 @ 14:35
Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more