02 Mar 22 @ 12:26
The mobile wallet industry has seen significant advances in the last decade, changing the way people manage and spend their money, and the tasks that these wallets can perform have... read more
04 Feb 22 @ 16:12
The 2021-2022 Digital and Card Payment Yearbooks from Payments Cards & Mobile suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and... read more
31 Jan 22 @ 13:13
Just days after announcing monster revenue updates, the thorny issue of interchange fees paid by merchants to the networks and issuing banks is back in the spotlight. In a letter... 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
12 Jan 22 @ 12:00
As the world recovers from the pandemic, users around the world are returning to public transit—and a transformation of how riders pay for these journeys is underway. PCM learns about... read more
02 Dec 21 @ 12:45
New analysis has observed over 4 million (4,481,379) payment card details, belonging to users across 140 countries, being traded on the dark web. The hackers were found selling payment cards information for... read more
30 Nov 21 @ 16:59
Amid hype about alternative payments and digital currencies, prepaid cards are booming – with growth projected to run faster than e-commerce world-wide over the next ten years. Payments Cards &... read more
25 Nov 21 @ 12:57
Latin America’s digital commerce market is expected to grow by 37% by the end of 2021 and expand at a double-digit pace across the region through 2025. Some of LatAm’s... 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
22 Nov 21 @ 16:10
Customer payment preferences have changed as we adapt to a new financial reality. In the latest Carat Insights Report Fiserv analysed over $3 trillion in payments data, combined with a consumer... read more
18 Nov 21 @ 18:03
At Spain’s Caixabank most customers visiting a branch for a service they could access online will now have to pay €2 for the privilege. The fees are part of a shift... read more
10 Nov 21 @ 11:15
Advancements in digital technology and security coupled with the decline in cash payments accelerated by the pandemic, have led to a steep rise in the use of digital wallets in... read more
13 Oct 21 @ 17:02
For more than a decade, the shift to e-commerce and mobile has brought huge amounts of investment into payments. As further fresh investment rounds are announced, PCM asks whether a... read more
27 Sep 21 @ 11:04
Credit cards are becoming less profitable for banks even as lower-cost alternatives such as buy-now-pay-later schemes and digital wallets with a credit function are emerging. If credit cards are to... read more
24 Sep 21 @ 09:54
The Payments Survey is an annual publication of the BRC (British Retail Consortium) measuring the sales volumes and values of different payment channels employed by retailers across the UK. Conducted... read more
13 Sep 21 @ 10:15
A new report, which examines consumer behaviour post-pandemic, reveals stark differences in attitudes to payments between generations, and also sheds light on the potential economic contribution of trends such as... read more
23 Aug 21 @ 14:53
The COVID-19 pandemic, which took hold of the global consciousness a year ago, has shaped and revealed many things about the world of retail and commerce. With lockdowns came new... read more
19 Aug 21 @ 10:19
As banking and payment processes are becoming more and more digitised, companies are finding ways to merge different financial systems into one with minimal effort and money as they are... read more
18 Aug 21 @ 13:14
The 2021 Debit Issuer Study, commissioned by Discover Financial Services, portrays a debit market evolving with the rapid transformation of commerce. Response to the COVID-19 pandemic prompted US consumers to make... read more
06 Sep 26 @ 19:31
Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more
06 Sep 26 @ 19:32
The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more
10 Sep 26 @ 15:44
US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more