17 Feb 22 @ 14:38

As the fourth anniversary of PSD2 comes and goes, it’s time to reflect on the success of some of its provisions. Strong Customer Authentication (SCA) was introduced across the EU... read more

17 Feb 22 @ 14:36

A new report by card industry body Payments Europe claims Europeans would welcome government intervention to mandate electronic payment. The report also says that, while instant, or account-to-account, payments are... read more

17 Feb 22 @ 14:32

The 2021 State of Finance study from App Annie reveals just how fast the world of personal finance is going digital. Within this revolution, buy-now-pay-later and cryptocurrency services are growing... read more

17 Feb 22 @ 14:30

Ceaseless creativity on the part of fraudsters, the rapid development of new payment options and increasingly stringent regulations are creating such a burden on financial instituions that almost half of... read more

17 Feb 22 @ 14:28

If markets like Brazil, Colombia and Argentina are digitising their financial services sector faster than anywhere else on Earth, then they are also experiencing rampant fraud attempts in digital channels.... read more

17 Feb 22 @ 14:25

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster security for banks in the cloud. Data storage is a systemic vulnerability just like... read more

17 Feb 22 @ 14:15

Just weeks after Buy Now Pay Later (BNPL) firm Klarna looked to shift criticism onto credit card providers as Government prepares to clampdown on BNPL, the outspoken CEO has announced... read more

17 Feb 22 @ 14:13

A group of US banks have announced that they intend to launch their own stablecoin, called USDF, in a move they hope will tackle concerns about the reserves behind nonbank... read more

17 Feb 22 @ 14:09

PayPal has confirmed numerous reports that it is working on a stablecoin. Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal, confirmed: “We are exploring... read more

17 Feb 22 @ 14:04

As reported in Payments Cards & Mobile, Amazon announced in November that it would stop taking payments from Visa credit cards issued in the UK, because of sky-high fees. Interchange... read more

17 Feb 22 @ 14:03

The People’s Bank of China’s (PBOC) has released a pilot versions of its e-CNY digital yuan wallet application on app stores as the central bank steps up its push to... read more

17 Feb 22 @ 14:01

The United States’ Federal Reserve has issued an update to its Federal Reserve Payments Study (FRPS) on the US payments market to include findings from recent survey data. The findings... read more

17 Feb 22 @ 13:59

As the world recovers from the pandemic, users around the world are returning to public transit—and a transformation of how riders pay for these journeys is underway. PCM learns about... read more

17 Feb 22 @ 13:58

A new study has found the value of global e-commerce payment transactions will exceed $7.5 trillion by 2026, up from $4.9 trillion in 2021. This growth rate of 55 percent... read more

17 Feb 22 @ 13:57

Cross border commerce globally is a multi-trillion dollar opportunity, one that’s ripe for disruption in both SMBs and larger enterprises alike. Cross-border payment flows are expected to reach $156 trillion... read more

17 Feb 22 @ 13:52

A ground breaking plan for Denmark’s financial sector has been approved by the board of Denmark’s banking association, Finance Denmark. According to the new sector plan, P27 Nordic Payments will... read more

17 Feb 22 @ 13:51

JCB International and Planet have announced the expansion of their European partnership. This new deal ensures Planet will perform as a JCB acquirer across European territories for both face-to-face and... read more

17 Feb 22 @ 13:50

Visa has announced plans to offer central banks and financial institutions a central bank digital currency (CBDC) product in Q2 2022. The payment provider developed its Visa CBDC Payment Module... read more

16 Dec 21 @ 13:46

The trend for outsourcing banking and payments services shows no sign of abating. James Wood asks why providers are outsourcing so much, and what’s going to happen next. It seems... read more

16 Dec 21 @ 13:24

One investigator has described government benefit fraud during COVID as “the biggest scam ever.” James Wood argues current estimates of the damage to public finances barely scratch the surface, and... read more