Showing results for 'COVID-19' in Articles
382 Articles | 99 Magazines | 6 Research | 6 Whitepapers

Consumers to spend 1 billion hours on m-commerce over Holiday season

29 Sep 20 @ 08:38

Global economies are still reeling from the COVID-19 pandemic, and a major consequence is that this year’s holiday season is poised to be very different to those in the past.... read more

UK Open Banking numbers surge to over 2 million

28 Sep 20 @ 14:46

The Open Banking Implementation Entity (OBIE), the body set up by the Competition and Markets Authority (CMA) to deliver Open Banking in the UK, has says that over 2 million... read more

Research note: The economic impact of SCA on e-commerce in Europe

24 Sep 20 @ 15:53

In a new report by CMSPI it calculates that €108 billion worth of online sales are at risk across Europe in 2021, as a direct result of the Strong Customer... read more

UK banks outperform rest of Europe in reducing card fraud

22 Sep 20 @ 14:11

UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the... read more

Big Tech investments – Where are the giants spending money

18 Sep 20 @ 11:37

From recent reports its is clear that during the COVID-19 pandemic, some big tech giants are taking advantage of the uncertainty to make strategic moves. Q3 2020 has been the... read more

Human like e-commerce cyberattacks proliferate during pandemic

17 Sep 20 @ 10:16

The COVID-19 pandemic has seen the fastest transition of customers moving to the online space and witnessed an unprecedented surge in the creativity of credential-stealing cyberattacks. Now, online companies adapting... read more

Research note: The top 10 consumer pattern changes in the shift to digital

14 Sep 20 @ 13:26

Anyone who has read the title to this post and is wondering what its all about, should perhaps read more news. Meaning that the shift towards digital has happened and... read more

Smart checkout technologies to process $387 billion in transactions

08 Sep 20 @ 10:56

A new study has found that the value of transactions processed by smart checkout technologies, where the fixed checkout process is replaced by a frictionless model, will reach $387 billion... read more

Indian e-commerce market set to surpass $100 billion by 2024

03 Sep 20 @ 10:07

A new white paper claims the Indian e-commerce market is expected to top $100 billion by 2024. The report by Alvarez & Marsal India and the CII Institute of Logistics,... read more

Visa teams with Vipps to accelerate mobile payments deployment in Europe

02 Sep 20 @ 09:27

Visa and Vipps, the Norwegian digital wallet, announced a strategic partnership to accelerate mobile payments in Europe. Visa’s clients and partners will now be able to take advantage of the... read more

Klarna posts net loss of $59.8 million for H1 – valuation increases to $5.5 billion

02 Sep 20 @ 08:40

Klarna has reported a ballooning net loss in H1 2020, as the company invested in an international expansion drive and set aside reserves to deal with credit losses amid the COVID-19... read more

BIS Report: Rise of the central bank digital currencies (CBDC)

28 Aug 20 @ 12:39

Central bank digital currencies (CBDC) are receiving more attention than ever before. Yet the motivations for issuance vary across countries, as do the policy approaches and technical designs. A new... read more

JP Morgan eyes lunch of digital bank in UK

26 Aug 20 @ 11:49

JP Morgan Chase has been reported to be preparing to launch a digital bank in the UK in Q1 2020. The rumours suggest that JP has signed up suppliers to... read more

Contactless payment market worth over $100 billion by 2026

20 Aug 20 @ 13:03

The contactless payment market size exceeded $40 billion in 2019 and is estimated to grow at 15% CAGR from 2020 to 2026. The global industry shipments are projected to reach... read more

Revolut losses continue to grow – 3 times greater than 2019

13 Aug 20 @ 10:19

Revolut losses tripled in 2019 as the FinTech blamed rising staff costs more than offset revenue growth, however it argues that it is on track to break even this year... read more

PayPal reports 86% increase in profits – shift from cash permanent

10 Aug 20 @ 14:08

PayPal has announced that a surge in e-commerce transactions and new accounts has driven quarterly profits 86% higher. The company announced it will continue to support additional investments in mobile-payment... read more

Both Visa and Mastercard top earnings forecasts despite COVID head winds

07 Aug 20 @ 09:05

Visa and Mastercard recently reported quarterly results. Visa reported its fiscal third-quarter earnings and revenue expectations had been hit, but the COVID-19 crisis continues to drive mixed spending trends, with... read more

B2B cross-border payments to grow by 30% to $35 trillion by 2022

04 Aug 20 @ 12:33

A new study has found that the total value of B2B cross-border payments will reach $35 trillion in 2022 from a COVID-related low of $27 trillion in 2020; representing 30%... read more

Visa roll out contactless payments on public transport in 500 cities

03 Aug 20 @ 12:08

With the continued rise in demand for safer ways to travel, Visa has begun to roll-out contactless payment acceptance for public transportation in over 500 cities. Visa is launching contactless branded... read more

Modern bank heist: How cyber criminals have evolved

31 Jul 20 @ 10:02

The financial sector is historically one of the most secure industries in the world. It needs to earn trust and convince customers that their hard-earned money is safe. Nevertheless, the fact that banks are guardians of the one... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more