21 May 24 @ 13:11
The Payment Systems Regulator (PSR) has released its provisional findings into its “Market review of card scheme and processing fees” interim report, finding that the cards schemes do not face effective... read more
01 May 24 @ 16:32
Based on the latest public data from calendar year 2022 and analysis, we estimate that the total global purchase personal consumption expenditure, or PPCE, excluding Russia and China, was approximately... read more
31 Oct 23 @ 18:19
Its Quarterly earnings, that time of year again as the quarter finishes and all the major players review and publish the latest data from their platforms – last quarter it... read more
08 Sep 23 @ 15:40
Visa has released the Fall 2023 edition of its Biannual Threats Report which highlights emerging fraud schemes targeting the global economy. This edition showcases a significant rise of phishing schemes... read more
23 May 23 @ 15:29
Despite government backing of domestic schemes in some markets, cards are increasingly being co-branded with international card schemes due to customer desire for maximum acceptance, rewards and other benefits. This... read more
29 Apr 22 @ 18:02
Visa has (again) posted much stronger than expected Q1 2022 earnings amid a consumer spending rebound powered in part by business and personal travel following a “short-lived” jump in Omicron... read more
24 Nov 21 @ 16:47
As of January 2021, the United Kingdom broke away from its long standing relationship with its closet neighbour and is therefore no longer part of the EEA. As a result,... read more
22 Nov 21 @ 16:55
Amazon.com is showing its aggressive side. The e-commerce giant has started a kind of fight with Visa over the costs of using its credit cards, but it won’t confront the... read more
04 Nov 20 @ 09:00
Card payments are evolving from traditional physical EMV payment cards to new digital cards or tokens, thanks to the new scheme tokenization systems (Visa VTS, Mastercard MDES, Cartes Bancaires CB... read more
08 Jul 20 @ 12:26
American Express, Discover, Mastercard and Visa have announced they are each beginning technical preparations for global expansion of the Click to Pay online checkout – based on the EMV Secure... read more
24 Mar 20 @ 09:45
In a move that is expected to boost the worldwide use of smartphones and tablets as POS terminals, Fiserv is enabling merchants to use their own devices to accept PIN... read more
20 Jan 20 @ 17:23
Cross-border sales have opened the door to a world of opportunity and e-commerce companies are eager to storm through. The expansion of international sales is not only a key growth... read more
06 Nov 19 @ 10:14
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
06 Nov 19 @ 09:39
Tokenisation has become an important component of enabling secure payments in Canada, and the payment networks are using it to extend their reach and control over the payments ecosystem, according... read more
30 Oct 19 @ 16:55
New research shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10% since a year earlier. The research indicates that financial inclusion initiatives... read more
24 Apr 19 @ 10:29
E-commerce payments in the Gulf states, which have grown rapidly in recent years, are set to grow at a compound annual growth rate (CAGR) of 19.1% from AED 31.5 billion... read more
16 Apr 19 @ 10:57
Analysis by Ravelin of millions of global business transactions reveals 22% of payments are lost when authenticated using 3D Secure. Improved user experience alone won’t cut it – online sellers... read more
28 Jan 19 @ 13:29
Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... read more
22 Jan 19 @ 11:00
In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more
04 Dec 18 @ 16:46
Visa and Mastercard have offered to cut merchant interchange fees for non-EU credit and debit cards by at least 40% to end an EU antitrust investigation, part of a decades-long... 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
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
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