03 Apr 23 @ 17:08
In 2022, account-to-account (A2A) payments continued to grow across the globe, with the expansion of real-time payment systems helping to provide faster, safer and more convenient payments for consumers at... read more
17 Mar 23 @ 16:03
In a blow to the two biggest networks in payments, the $5.6 billion antitrust class-action settlement, in which more than 12 million retailers have accused Visa and Mastercard of improperly... read more
09 Feb 23 @ 18:11
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
06 Feb 23 @ 18:24
Payments Cards & Mobile’s exclusive annual review of European payments data from 33 European countries confirms the growth of online payments versus in-person, as well as the dominance of debit... read more
06 Feb 23 @ 11:02
A good payment gateway is the backbone of online businesses. It makes the payment experience both fast and secure. However, it is challenging to choose the perfect gateway with so... read more
31 Jan 23 @ 13:11
Jana Mackintosh is Managing Director for Payments and Innovation at UK Finance. She is experienced in competition and regulatory policy, having worked across a number of public and private sector... read more
31 Jan 23 @ 12:42
Kaspersky says it has uncovered three new variants of Prilex malware, which can block contactless near-field communication (NFC) transactions on infected devices, forcing customers to use their physical credit cards,... read more
30 Jan 23 @ 17:46
Despite a challenging economic environment, the 2022 holiday shopping season exceeded projections, according to e-commerce research from ACI Worldwide. The research analysed millions of e-commerce transactions on an annual basis... read more
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
23 Jan 23 @ 12:51
Consumers spend on average 72% more per e-commerce transaction if they can pay with BNPL instalments, according to a recent study from Erasmus University Rotterdam (EUR). The study investigated a... read more
03 Jan 23 @ 12:52
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
14 Dec 22 @ 12:49
Up to $89 billion (4.6%) of global payment revenues could be at risk in the next three years for banks that are slow to offer next generation payments options, according... read more
13 Dec 22 @ 12:03
The British Retail Consortium (BRC) published its latest annual Payments Survey. The survey is an annual publication of the BRC measuring the sales volumes and values of different payment channels... read more
10 Oct 22 @ 13:08
A new report on the recovery of the payments industry suggests the global payments industry demonstrated its resilience again in 2021, more than recouping the revenue erosion experienced in 2020,... read more
05 Oct 22 @ 12:23
A significant class action lawsuit has been served against Visa and Mastercard at the UK’s specialist competition tribunal on behalf of a large number of claimants seeking damages for allegedly... read more
26 Sep 22 @ 12:56
The Reserve Bank of Australia (RBA) has announced a marked change in its position on Least Cost Routing (LCR) – how banks and credit card companies prioritise payments in the... read more
21 Sep 22 @ 20:06
PCM considers the impact of stagnant or declining economic growth, rising interest rates and growing regulatory strictures on the payments industry. As conditions worsen to a point not seen in... read more
20 Sep 22 @ 12:40
Debit cards drive payments card growth as contactless usage continues to rise and consumer spending recovers after the height of the pandemic. Card usage will keep growing as new spending... read more
05 Sep 22 @ 16:18
New figures from Lloyds Bank claims there has been a huge spike in the use of contactless payments on debit cards rising from 65% in June 2019 to 87% in 2022. Despite... read more
02 Sep 22 @ 13:29
Some experts say cards are a legacy technology while digital wallets and alt-pays are the future. But more powerful cards with multiple functions and better security are fighting back. So... 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