24 Jan 23 @ 14:57
That consumers are turning to digital wallets at an increasingly faster pace is no major headline. However, the losses that the move could cause banks is definitely a painful awakening... read more
16 Nov 22 @ 18:09
With a young, dynamic population and a growing economy, Brazil is a hot market for global payments players. But will endemic fraud problems and technical challenges blunt its attraction? There’s... read more
26 Aug 22 @ 15:54
Visa says it has issued over 4 billion network tokens worldwide through its security technology Visa Token Service (VTS), outpacing the total number of its physical cards in circulation. Visa... read more
24 Aug 22 @ 13:17
In the last couple of years the global Covid-19 pandemic and associated lockdowns have led to significant changes in patterns of the UK payments market. Lockdowns resulted in large sections... read more
20 Jul 22 @ 09:44
Apple has been sued in a proposed class action by payment card issuers accusing it of abusing its market power in mobile devices to thwart competition for the Apple Pay... read more
07 Jul 22 @ 17:57
Three in five (60%) UK adults have used embedded finance services as part of the checkout process when shopping online in the past 12 months, according to a new survey[1]... read more
13 Jun 22 @ 13:05
Despite more than a decade of non-stop innovation in online and digital payments, the majority of businesses are happy to settle for a “vanilla” off-the-shelf card program that doesn’t fit... read more
12 May 22 @ 14:45
Google is rumoured to be bringing back its Google Wallet product in some form after it made the app part of Google Pay, along with images of the new app... read more
09 May 22 @ 13:34
A new study has predicted that the global spend using QR code payments will reach over $3 trillion by 2025; rising from $2.4 trillion in 2022. This growth of 25%... read more
05 May 22 @ 10:30
New data from Payments Cards & Mobile’s Digital and Card Payments yearbooks reveals strong growth in electronic payments across Russia and the former Commonwealth of Independent States (CIS) – though... read more
26 Apr 22 @ 17:33
A new study has found the value of digital wallets transactions will exceed $12 trillion in 2026, from $7.5 trillion in 2022. To capitalise on this substantial growth, the research... read more
26 Apr 22 @ 17:16
First it was Visa and Mastercard, then American Express and Discover followed suit, noting that Discover and Diners Club International do not have any active partners in Belarus and Russia.... read more
30 Mar 22 @ 16:22
The digital wallet market has been steadily growing until 2019 when the coronavirus pandemic began. A new report shows that between 2019 and 2020 the number of users has nearly... read more
24 Mar 22 @ 16:40
Nexi has recorded a 122% increase in in-store mobile payments transactions using smartphones in Italy in 2021. The PayTech, which last year processed around 70% of all mobile in-store transactions... read more
22 Mar 22 @ 10:07
A new study has found that the volume of global e-commerce transactions made via OEM Pay will exceed 30.7 billion by 2026; rising from 6.1 billion in 2022. This outstanding growth... read more
02 Mar 22 @ 17:58
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% increase reflects new... read more
28 Feb 22 @ 11:46
Recent years have seen stratospheric growth in BNPL around the world and across Europe, with Grandview Research predicting the global market will reach €17.9 billion by 2028, representing year-on year... read more
07 Feb 22 @ 15:00
In 2019, mobile wallets overtook credit cards to become the most widely used payment type globally. In 2020, the COVID-19 pandemic became another accelerant of the continued digitization of the... read more
27 Jan 22 @ 12:39
Apple is rumoured to be launching a new SoftPOS service that will let small businesses accept payments directly on their iPhones without any extra hardware. The company has been working... read more
25 Jan 22 @ 15:30
In a recent earnings call, JPMorgan Chase, the largest lender on Wall Street with $3.76 trillion (in assets), announced it plans to increase its annual technology budget to $12 billion,... read more
24 Sep 26 @ 16:29
Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... 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