17 Nov 23 @ 17:34
The financial services industry is experiencing volatility spurred by ongoing inflation, interest rate hikes and recovering stock markets. To address these market dynamics and maintain business growth financial firms are... read more
17 Nov 23 @ 16:29
Private equity firm Advent International has agreed to acquire myPOS as part of its latest push into the digital payments market. Advent will acquire the provider of payments services for... read more
16 Nov 23 @ 16:55
Tesco, the UK’s largest supermarket chain, is trialling app free, checkout free, way for customers to skip self-checkouts in an apparent reaction to a competitor supermarket completely removing self-checkouts due... read more
16 Nov 23 @ 12:40
Today, in a global first, cyber criminals have upped their game by filing a complaint to the US Securities and Exchange Commission (SEC), reporting a company it claims to have... read more
16 Nov 23 @ 12:01
As the capacity to integrate physical and digital payments with other business functions such as invoicing and delivery rises, US SMEs are switching to integrated software vendors (ISVs) to meet... read more
15 Nov 23 @ 17:57
In January 2021 four of Irelands largest banks joined forces to launch a mobile payment app, dubbed Synch, that they intended to promote to help fend off the threat posed... read more
15 Nov 23 @ 12:56
Globally, payments revenues have proved remarkably resilient, overcoming a variety of regional headwinds to grow at rates well above the established long-term trend. Payments revenues grew at 11% in 2022—a... read more
15 Nov 23 @ 09:54
Six banks have announced the launch of Contact Payments (Platby na kontakt), an initiative developed and supported by the Czech Banking Association, which hopes it will make it easier to... read more
14 Nov 23 @ 16:55
Central bank digital currencies like the digital euro still spark enthusiasm, at least among some central bankers, not least of all the European Central Bank. After two years of studying... read more
14 Nov 23 @ 10:53
The payments industry is under construction. From rails to regulation to currencies, nearly every element of the global payments infrastructure and ecosystem is undergoing a rebuild. This period gives infrastructure... read more
13 Nov 23 @ 18:04
The SEPA Instant Credit Transfer scheme (SCT Inst), which operationalised euro-based Instant Payments, first went live in late 2017. Several years later, Instant Payments have not seen widespread adoption across... read more
13 Nov 23 @ 16:34
The growth wave that issuers have long been riding is breaking, and catching the next one will require repositioning. However, companies that refine their practices can fend off disruption and... read more
10 Nov 23 @ 14:43
Amid the glare of red rockets and much other fanfare, the US finally announced the launch of FedNow on July 2023. 57 US banks (out of some 14,000 with licenses... read more
10 Nov 23 @ 14:16
As a growing number of people move overseas for jobs that allow them to better support their families, remittances and cross-border payments play a key role of getting their money... read more
10 Nov 23 @ 09:20
Fancy a move further afield in 2024? If you’re considering moving country, there are many factors that come into play: how easy or difficult it is to secure a good... read more
09 Nov 23 @ 13:24
In the last iteration of Economist Impact’s global banking survey, conducted in 2021, banks were facing a perfect storm as the pandemic accelerated consumer use of online banking, hastening the... read more
09 Nov 23 @ 12:15
The Council and the European Parliament have reached a political agreement on the instant payments proposal, which will improve the availability of instant payment options in euro to consumers and businesses in the EU... read more
08 Nov 23 @ 17:48
A new white paper from leading global payments platform RS2 says acquirers, independent sales organizations and payment facilitators need to rethink their growth strategies in response to the recent enormous... read more
08 Nov 23 @ 11:06
The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Driven largely by Big Tech and other large... read more
08 Nov 23 @ 09:58
Back in April Payments Cards & Mobile reported that Chargebacks911 had attracted the ire of the Federal Trade Commission (FTC) which filed a suit against Chargebacks911 for unfairly thwarting consumers... 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