13 Feb 20 @ 06:54
The European payments landscape has undergone a profound transformation over the past few years. According to an April 2019 report by the European Central Bank (ECB), electronic payments have grown... read more
13 Feb 20 @ 06:52
UK social commerce (selling on social media platforms) is set to double over the next six months. That’s one of the findings from PayPal’s fourth Annual Commerce Index. The new research... read more
12 Feb 20 @ 15:10
As consolidation in the payments market continues, Elavon has agreed to acquire Sage Pay, a well-known and established payments gateway business in the UK and Ireland. Sage Pay is a... read more
18 Dec 19 @ 15:52
McKinsey’s Global Payments Report 2019 has reported double-digit growth for the global payments industry – but cautions that these growth rates should be no cause for complacency, especially for long-established... read more
18 Dec 19 @ 15:50
As much as 15 percent of North American banks’ payments revenue — $88 billion — is likely to be displaced by the growth of digital payments and competition from non-banks,... read more
18 Dec 19 @ 15:49
Although the global e-commerce market is set to grow at around 7 percent per annum for the next five years to around $40 trillion by 2024, significant barriers to the... read more
18 Dec 19 @ 15:47
New research from Equifax has revealed that UK consumers, especially those in the 18-44 age group, are more confident than ever in using biometric factors as a form of ID,... read more
18 Dec 19 @ 15:45
On the face of it, all’s well in payments. Big firms are posting huge profits and experts forecast growth aplenty in the next decade. But growing numbers of companies complain... read more
18 Dec 19 @ 15:40
From Latin America to Africa, Central Asia and South-East Asia, PCM picks out the markets set for explosive growth in 2020 using inside information, industry data and our own exclusive,... read more
18 Dec 19 @ 15:37
This year’s Money2020 USA in Las Vegas revealed an industry in transformation, with the digital revolution in full flight. Although new products and services were launched to support online transformation,... read more
18 Dec 19 @ 15:35
The 10th of January 2020 marks a date the banking and payments industry cannot afford to ignore. On that day, the Fifth Anti-Money Laundering Directive (5AMLD) will become law throughout... read more
18 Dec 19 @ 15:34
Wells Fargo says it will pilot an internal settlement service, Wells Fargo Digital Cash, which will run on its first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will... read more
18 Dec 19 @ 15:32
European and global card-based payment solution providers are coming together to strengthen the voice of the industry and form a new association: Payments Europe. The new body represents card issuers,... read more
18 Dec 19 @ 15:30
Chinese payments giants Alipay and WeChat Pay have announced they plan to open up their mobile wallet platforms to international card schemes as regulators ease restrictions. The apps, which dominate... read more
18 Dec 19 @ 15:30
Uber is making a strong push into financial services. The company has announced the formation of a new division called Uber Money, which will include a digital wallet and upgraded... read more
18 Dec 19 @ 15:28
A new report reveals that the use of mobile wallets and mobile payments by US consumers has rebounded to 2016 levels or higher after a two-year decline. The use of... read more
18 Dec 19 @ 15:27
M-commerce and the use of smartphones for online shopping in the UK has skyrocketed by 141 percent in 12 months, research by Feefo has found. By contrast, the use of... read more
18 Dec 19 @ 15:24
Although contactless payments are one of the UK’s greatest banking innovations, research from IDEX Biometrics has revealed that consumers are still highly concerned about the threat of contactless fraud. In... read more
18 Dec 19 @ 15:23
The world’s biggest card networks — including Visa, Mastercard, American Express and Discover Financial Services — have joined forces to create a new one-click payments button, using the EMVCo’s EMV... read more
18 Dec 19 @ 15:22
Worldline and Bitcoin Suisse, the oldest and largest crypto financial-services company in Switzerland, have signed a letter of intent for a partnership to offer cryptocurrency payment services to Swiss merchants... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... 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