29 Dec 22 @ 04:14

The EU’s second payment services directive (PSD2) included revolutionary concepts – but also accusations of adding friction for consumers. With the European Commission having closed its public consultation on PSD3,... read more

29 Dec 22 @ 04:07

The Global Payments Innovation Jury has published its 2022 report into the direction of the industry. PCM caught up with Jury Chairman John Chaplin to get his views on the... read more

29 Dec 22 @ 04:06

Here’s some good news: fraud is going down. Or at least, the number of companies affected by fraud has decreased slightly since 2018, according to a new PwC study. However,... read more

29 Dec 22 @ 04:05

Back in his old role as Chancellor of the Exchequer (Finance Minister), Rishi Sunak proposed a CBDC for the UK known as “Britcoin”, due to be launched across the UK... read more

29 Dec 22 @ 03:56

Across major economies everywhere, the current rapid rise in the cost of living is having a profound effect on the way people pay, save and bank, with many segments of... read more

29 Dec 22 @ 03:53

With pressure on margins in payments growing, major banks are said to be looking at how they can capitalise on the wide range of smaller institutions and clients looking for... read more

29 Dec 22 @ 03:52

Japan’s JCB has launched “JCBDC” (JCB Digital Currency) pilot project with IDEMIA and FinTech company Soft Space. JCBDC pilot will develop a CBDC (Central Bank Digital Currency) payment solution and... read more

29 Dec 22 @ 03:51

A new study from leading banking and payments infrastructure specialists Tietoevry Banking reveals that almost three-quarters (73.2 percent) of European banks intend to outsource parts of their payments infrastructure over... read more

29 Dec 22 @ 03:48

Elon Musk has taken over as CEO of Twitter. There may be many reasons why the worlds nuttiest (richest) man paid $44 billion for the loss making enterprise including advancing... read more

29 Dec 22 @ 03:47

Meta has announced a new partnership with J.P. Morgan Payments to expand Meta Pay to J.P. Morgan merchants as a new checkout option for people. vThis partnership will allow people... read more

29 Dec 22 @ 03:47

Promon, responsible for uncovering the critical Android vulnerabilities StrandHogg and StrandHogg 2.0, has discovered a new malware threat to Android’s worldwide userbase. Promon tested 384 financial services apps available on... read more

29 Dec 22 @ 03:46

Consumers are looking for greater choices like mobile payments, crypto wallets, and person-to-person payment apps, which are taking their place alongside staple payment methods like cards and bank-to-bank ACH payments.... read more

29 Dec 22 @ 03:32

New research shows that worldwide expenditure on payment cards reached over $42 trillion in 2021, representing a rise of 23 percent. This rapid increase came as economies around the world... read more

29 Dec 22 @ 03:28

In Q1 2021, Mastercard saw one billion more contactless transactions compared to the same period in 2020, and in Q2 2021, 45 percent of all in-person checkout transactions globally were... read more

29 Dec 22 @ 03:26

The European Commission has approved merger of the payment services Vipps and MobilePay. The companies announce the deal had been “approved by all relevant authorities, including the EU Commission”. The... read more

29 Dec 22 @ 03:25

NatWest Group has entered into a strategic partnership with the Vodeno Group which will see the creation of a Banking-as-a-Service (BaaS) business in the UK. This strategic partnership will enable... read more

24 Oct 22 @ 13:27

Today’s leading financial institutions still operate outdated card platforms from the 1990s and need to change. But why are so many opting to patch their systems up, rather than switch?... read more

24 Oct 22 @ 13:21

With a young, dynamic population and a growing economy, Brazil is a hot market for global payments players. But will endemic fraud problems and technical challenges blunt its attraction? There’s... read more

24 Oct 22 @ 13:12

As part of our ongoing quest to demystify the hype and find the truth in payments, we take a look at the latest buzz-word, “embedded payments” and ask what it... read more

24 Oct 22 @ 13:06

For some time, the US credit card business has struggled with burgeoning costs and decreasing profitability. Now a range of factors – including rising inflation, a weakening economy and increased... read more