21 Apr 22 @ 09:45

Alongside a host of other Western companies, PayPal, Mastercard, Apple and Visa have pulled out of the Russian market following Russia’s invasion of Ukraine, with major banks such as JP... read more

21 Apr 22 @ 09:43

In the context of huge global rises in online fraud attempts and straight-out thefts via digital scams, crypto has been hailed as a safe, secure and fast means of transferring... read more

21 Apr 22 @ 09:38

A survey of small and medium merchants (SMEs) in the UK says most expect to see continued growth in digital revenues over the next year – however, much of that... read more

21 Apr 22 @ 09:33

Just as the European banking sector started to see some attractive tail winds pushing it along, the first since the crisis in 2008, Europe is now on the brink of... read more

21 Apr 22 @ 09:31

German prosecutors have charged Wirecard’s former chief executive, Markus Braun, and two other former senior executives with suspected market manipulation, fraud, breach of trust and accounting manipulation of the company’s... read more

21 Apr 22 @ 09:30

Visa, Mastercard and American Express have suspended operations in Russia. The decision followed a request by Ukraine’s President Volodymyr Zelensky and threatens to further isolate a Russian economy facing crippling... read more

21 Apr 22 @ 09:29

As per previous Payments Cards & Mobile reports, former financial services ombudsman Walter Merricks is bringing a £14 billion interchange fee claim on behalf of around 46 million people against... read more

21 Apr 22 @ 09:28

A new study has found that global payment card shipment revenue for technology companies will reach $11.7 billion in 2026, from $9.7 billion in 2022. This 20 percent increase reflects... read more

21 Apr 22 @ 09:27

The Central Bank of Brazil (BCB) has announced plans to start a pilot program of a central bank digital currency (CBDC). In September last year, the BCB told the Brazilian... read more

21 Apr 22 @ 09:25

According to European regulators, rapid action is needed to update how cross-border digital finance services are scrutinised within the region and consumers are protected as the sector becomes digitalised with... read more

21 Apr 22 @ 09:21

More than 80 percent of Americans used some form of digital payments in 2021, continuing a long-standing trend. The findings of McKinsey’s 2021 Digital Payments Consumer Survey – an ongoing... read more

20 Apr 22 @ 14:14

December 2021 card spending data from UK Finance reveals that the average amount spent per contactless card transaction rose by almost 30 percent following the contactless spending limit increasing from £45... read more

20 Apr 22 @ 14:09

Hygiene-conscious consumers gravitated towards contactless payment methods during the pandemic to minimise contact with EFTPOS terminals. Governments took note of this trend and several countries, including the UK, the Czech... read more

20 Apr 22 @ 13:25

Worldline has entered into exclusive talks with the Apollo Funds on the basis of a binding offer for the purchase of its Terminals, Solutions & Services (“TSS”) business line. Following... read more

20 Apr 22 @ 13:23

India’s central bank says it will launch a digital rupee CBDC in the next financial year, according to the country’s finance minister. “Introduction of a central bank digital currency (CBDC)... read more

20 Apr 22 @ 11:12

Former UK Unicorn Ve Global has announced that it is in “financial distress” five years after it was bought out of administration. The company has launched an accelerated sales process... read more

20 Apr 22 @ 11:06

There are rumours circulating that Apple is in the process of purchasing Credit Kudos with an eye to launching its Apple Card in the UK market. The company offers insights... read more

17 Feb 22 @ 15:05

This year’s PCM’s Digital and Card Payment Yearbooks suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and other methods. James Wood... read more

17 Feb 22 @ 14:48

As the number of merchants looking to accept digital payments shoots up, cheaper and more capable acceptance systems based on mobile devices are growing fast. James Wood looks at the... read more

17 Feb 22 @ 14:44

As cash use drops around the world and micro-merchants go digital, card payments are using more electricity than ever, to say nothing of crypto’s voracious energy appetite. James Wood looks... read more