30 Jun 23 @ 12:18
According to a new study by IDC Financial Insights, spending on legacy payments technology is rising rapidly and damaging the growth prospects of banks around the world. Global financial institution... read more
16 Jun 23 @ 11:45
Five years after firing the starting gun on Open Banking (OB), it looks like things are going well in the UK. However, a key question remains – especially for the... read more
13 Jun 23 @ 14:00
A new white paper from Tietoevry argues that far from competing, card payments and mobile payments can complement each other in the payments ecosystem. Hans Sjölund, Head of Card Sales & Business... read more
12 Jun 23 @ 09:18
Enfuce has been chosen by Iceland’s Kvika Bank to modernise its payment services, including the launch of a Visa consumer credit card, integration with Apple Pay and Google Pay, and... read more
19 May 23 @ 11:00
Australia’s Westpac says it will enable Apple’s Tap to Pay on iPhone contactless payment technology for business customers. Tap to Pay on iPhone accepts all contactless payments, including Apple Pay,... read more
15 May 23 @ 17:24
UK consumers are embracing alternative payment offerings including digital wallets as they look to better manage their finances amidst the cost of living crisis, according to the Global Payments Report... read more
04 May 23 @ 09:18
According to polling company Gallup’s annual “Confidence in Institutions” survey, last year, prior to SVB, only 27% of Americans reported to have a “great deal or quite a lot” of... read more
02 May 23 @ 15:42
In a new whitepaper, FYST outlines how Asia-Pacific’s consumers and merchants are the trailblazers for digital payment usage – and the significant shifts we can expect to see as this... read more
31 Mar 23 @ 16:34
Wells Fargo, JPMorgan, Bank of America and several other large US banks are set to launch a mobile wallet later this year that links to debit and credit cards. Early... read more
17 Feb 23 @ 18:15
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
01 Feb 23 @ 10:54
In an earlier blog, we explained how the shift to online shopping plus concerns about the environment are driving consumers away from using plastic and towards virtual cards. Virtual cards... read more
27 Jan 23 @ 11:22
Back in July last year, Apple was sued in a proposed class action by payment card issuers accusing Apple Pay of abusing its market power in mobile devices to thwart... read more
11 Jan 23 @ 10:34
A new white paper from Tribe Payments surveys 1,000 small and medium merchants (SMEs) in major European markets to find out what they need from acquirers. The results show merchant needs... read more
05 Jan 23 @ 12:00
The news that A2A payments provider Venmo has been added by Amazon as a payment method feels like a watershed moment. For years, industry chat has talked about the potential... read more
03 Jan 23 @ 13:21
Today’s leading financial institutions still operate outdated card and payment platforms from the 1990s and need to change. But why are so many opting to patch their systems up, rather... read more
15 Dec 22 @ 09:30
A new study has found that the total number of unique contactless mobile payment users will reach 1 billion globally by 2024; rising from 782 million in 2022, representing a... read more
08 Dec 22 @ 11:52
As the global economy goes digital, Roland Eichenauer, Head of Business Development at Nets, says Digital Identity is a must-have for banks competing to deliver enhanced customer experiences, improved revenue... read more
26 Sep 22 @ 12:56
The Reserve Bank of Australia (RBA) has announced a marked change in its position on Least Cost Routing (LCR) – how banks and credit card companies prioritise payments in the... read more
21 Sep 22 @ 20:06
PCM considers the impact of stagnant or declining economic growth, rising interest rates and growing regulatory strictures on the payments industry. As conditions worsen to a point not seen in... read more
02 Sep 22 @ 13:29
Some experts say cards are a legacy technology while digital wallets and alt-pays are the future. But more powerful cards with multiple functions and better security are fighting back. So... read more
24 Feb 26 @ 12:45
After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more
09 Mar 26 @ 14:45
SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more
12 Mar 26 @ 18:21
For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more