03 Feb 17 @ 13:23

Card payments accounted for more than two-thirds of all core non-cash payments in the US in 2015, according to a triennial Federal Reserve study. Card payments grew 19.9 billion from... read more

02 Oct 14 @ 14:46

Federal Reserve banks in the US are moving ahead with plans to implement a faster payments system. The Federal Reserve banks are planning to publish a roadmap in the coming... read more

26 Sep 13 @ 10:17

A US judge has ruled that the Federal Reserve disregarded the intent of the US Congress by setting too high a cap on interchange fees for debit card transactions. The... read more

05 Aug 25 @ 17:15

Circle, the issuer of the world’s second-largest stablecoin USDC, is taking a step towards becoming a fully-fledged bank. The company has filed an application with the Office of the Comptroller... read more

14 May 25 @ 10:41

The debate around “debanking” — the practice of financial institutions denying or withdrawing banking services from certain individuals — has surged to the forefront of policy discussions in the US,... read more

24 Mar 25 @ 09:40

As we all know, the payments landscape is undergoing a profound transformation as new technologies, regulatory shifts and evolving consumer preferences redefine how transactions occur. That does not mean that... read more

10 Dec 24 @ 10:55

It’s fair to say that instant payments in the US is a complex playground given the hugely diverse and expansive network of regional, national and international institutions. When the RTP... read more

10 Dec 24 @ 10:16

In previous articles on Payments Cards & Mobile we established the huge growth today in global instant payments both domestically and across borders. Below, we examine the challenges this creates... read more

22 Oct 24 @ 14:10

Open banking in the UK and Europe was introduced in 2018, with regulations mandated by the EU’s Payment Services Directive 2 (PSD2). Six years later, has it caught on in... read more

14 Aug 24 @ 08:38

Senator Ted Budd (R-NC) has introduced the Secure Payments Act, which would require the Federal Reserve to pause its Regulation II Debit Card Interchange Fee proposal until it completes a... read more

31 May 24 @ 13:41

Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in a new report, AI-focused fraud and financial crime, say criminals are more adept at using... 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 @ 15:22

Amid the glare of red rockets, one imagines, the US has finally announced the launch of FedNow for July 2023.  57 US banks (out of some 14,000 with licenses in... read more

16 Feb 23 @ 16:21

We may be in the middle of a crypto winter, and digital assets might have lost two-thirds of their value. But that’s not stopping regulators preparing for a future crypto... read more

29 Dec 22 @ 04:08

The news that Venmo has been added by Amazon as a payment method feels like a watershed moment. For years, industry chat has talked about the potential for payments that... read more

25 Aug 22 @ 11:51

Cryptocurrencies have lost sixty percent of their value and are looking increasingly hobbled for the future. So what’s next for the digital currency dream of frictionless, fast and low-cost payments?... read more

17 Feb 22 @ 14:01

The United States’ Federal Reserve has issued an update to its Federal Reserve Payments Study (FRPS) on the US payments market to include findings from recent survey data. The findings... read more

24 Aug 21 @ 09:11

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. PCM examines the... read more

09 Jun 21 @ 04:24

It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more

23 Dec 20 @ 12:42

At time of writing in November 2020, Bitcoin has surged above $15,000, moving closer to the peak value of almost $20,000 last seen in December 2017 thanks to a rise... read more