02 May 24 @ 10:05
According to the 2024 report from the Payments Innovation Jury, many payments firms were over-valued prior to the pandemic, CBDCs have been overhyped and Asia remains the most promising region... read more
21 Feb 24 @ 10:40
With more than one in three UK adults now registered for some kind of mobile payments service according to UK finance, experts predict we’re going to see growing numbers of... read more
14 Dec 23 @ 16:31
With the largest Asian population outside China, a swiftly-liberalising economy plus a banking sector that’s growing in dynamism, it’s no wonder international players want to get into Indonesia. James Wood... read more
14 Dec 23 @ 16:18
At Payments Cards & Mobile we have long been supporters of a role for cards in the overall payments mix, thanks to our own Payment Yearbooks which show card use... read more
14 Dec 23 @ 16:03
A new report reveals that growth in card purchase volume in 2022 was driven by increasing financial inclusion, digitisation and the easing of lockdowns. Global Cards and Payments shows that... read more
14 Dec 23 @ 15:57
The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Driven largely by Big Tech and other large... read more
14 Dec 23 @ 15:47
PayPal has revealed that users can now add their PayPal and Venmo credit or debit cards to their Apple Wallet – a move that was announced last year as part... read more
24 Oct 23 @ 09:52
Back in September 2022, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives merchants a choice in... read more
14 Aug 23 @ 16:16
As new payment methods proliferate for both consumers and businesses, user experience (UX) means more than ever – and can make the difference between success and failure. James Wood gets... read more
05 Apr 23 @ 10:04
For years now, the challenges small and medium enterprises (SMEs) face in payments have not been getting easier. As long ago as 2019, banking infrastructure firm Banking Circle told us... read more
05 Apr 23 @ 09:30
According to sources, Twitter has quietly started to apply for regulatory licences across the US and is working on the necessary software architecture to deploy payments on the platform. As... read more
16 Feb 23 @ 16:18
New technologies such as Account-to-Account payments and Open Banking are taking intermediaries out of the value chain in payments, while fresh advances in blockchain threaten total disintermediation. James Wood looks... read more
16 Feb 23 @ 14:27
First sight of European payments landscape for 23 PCM’s exclusive annual review of payments data from 33 European countries confirms the growth of online payments versus in-person, as well as... read more
16 Feb 23 @ 13:22
The British Retail Consortium (BRC) has published its latest annual Payments Survey which measures the sales volumes and values of different payment channels across the UK. In 2021, cash usage... read more
29 Dec 22 @ 03:32
New research shows that worldwide expenditure on payment cards reached over $42 trillion in 2021, representing a rise of 23 percent. This rapid increase came as economies around the world... read more
24 Oct 22 @ 13:06
For some time, the US credit card business has struggled with burgeoning costs and decreasing profitability. Now a range of factors – including rising inflation, a weakening economy and increased... read more
24 Oct 22 @ 12:42
A new forecast from UK Finance predicts that debit cards will be the overwhelming favourite way for UK consumers to pay in ten years’ time. It also forecasts the decline... read more
24 Oct 22 @ 11:54
New figures from Lloyds Bank claims there has been a huge spike in the use of contactless payments on debit cards rising from 65 percent in June 2019 to 87... read more
24 Oct 22 @ 11:06
As inflation rates rise across the globe, the resulting cost of living crisis is forcing changes in consumer payment habits – with a particular focus on methods that help track... read more
24 Oct 22 @ 10:55
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
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