01 Apr 21 @ 10:13
Having disappeared for several months after his IPO was forced into redundancy by China’s powerful central bank, Jack Ma has resurfaced. In his first calculated move since his fall from... read more
31 Mar 21 @ 16:11
The Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it states the companies violated antitrust laws, by operating a cartel for... read more
26 Mar 21 @ 15:09
The increased availability of computer power coupled with readily available state-of-the-art open-source algorithms has made it possible to automate complex tasks. This trend, of applying advanced technologies, including AI and... read more
25 Mar 21 @ 18:46
K3 Business Technology Group has released new research into the UK’s shopping preference. It revealed that 51% of customers are clear that they want to avoid store assistants. Instead, shoppers... read more
25 Mar 21 @ 18:21
After agreeing to pay a 20% premium to take over smaller rival Bankia last year, CaixaBank is set to become Spain’s largest lender in a move that heralds long-awaited consolidation... read more
23 Mar 21 @ 18:09
For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more
22 Mar 21 @ 13:32
Visa is reported to be following Mastercard’s earlier decision and plans to increase interchange fees on purchases made by British customers from most of Europe. The company is preparing to... read more
11 Mar 21 @ 11:05
Russia’s largest food retailer, the X5 Group, has partnered with Visa and Sber to launch Face Pay biometrics at self-service checkout terminals in its stores, the facial recognition payment system may... read more
03 Mar 21 @ 17:00
A study from digital identity experts iProov shows that consumers in both the US and UK believe the threat of cybercrime is rising even as their ability to spot fraudulent... read more
18 Feb 21 @ 10:34
By now, we all know COVID has floored the accelerator on digital. But what will POS (Point of Sale) look like after the pandemic? Will consumers return to in-store retail... read more
18 Feb 21 @ 10:21
Capital One has picked up a $390 million penalty from the Financial Crimes Enforcement Network (FinCEN) for engaging in “wilful and negligent violations of the Bank Secrecy Act (BSA) and... read more
18 Feb 21 @ 09:50
A federal judge has invalidated part of a U.S. Consumer Financial Protection Bureau rule governing prepaid cards and digital wallets, emphatically agreeing with PayPal that the agency overstepped its authority. ... read more
20 Jan 21 @ 16:15
Capital One has picked up a $390 million penalty from the Financial Crimes Enforcement Network (FinCEN) for engaging in both “wilful and negligent violations of the Bank Secrecy Act (BSA)... read more
13 Jan 21 @ 09:40
Visa and Plaid have announced that the companies have terminated their merger agreement and agreed with the Department of Justice to dismiss the litigation related to the proposed transaction. The... read more
07 Jan 21 @ 18:07
A federal judge has invalidated part of a U.S. Consumer Financial Protection Bureau rule governing prepaid cards and digital wallets, emphatically agreeing with PayPal that the agency overstepped its authority.... read more
23 Dec 20 @ 12:41
A new study from digital identity experts iProov shows that consumers in both the US and UK believe the threat of cybercrime is rising even as their ability to spot... read more
23 Dec 20 @ 11:17
Europe’s banks and cybersecurity experts are warning of a growing challenge due to insider threat fraud, warning of the high costs associated for organizations that fall victim to this form... read more
23 Dec 20 @ 11:14
In a recent statement, EuroCommerce – the European retailers’ association – has welcomed the EU’s retail payments strategy (RPS) and plans for European banks to collaborate in a European Payments... read more
11 Dec 20 @ 12:35
In this report, we are addressing the medium term challenge around banks’ business model. As such, we believe that hyper-personalisation is an imperative for banks, enabling them to respond to customers’ manifest and latent needs. This... read more
30 Nov 20 @ 12:26
Global organisations continue to put their customers’ cardholder data at risk due to a lack of long term payment security strategy and execution, flags the Verizon Business 2020 Payment Security... 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
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
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