11 May 22 @ 17:23
In part due to the COVID-19 pandemic, a number of alternative payment methods have been on the rise in recent years – see Payments Cards & Mobile’s Why are “Alt... read more
06 May 22 @ 09:00
Alongside a host of other Western companies, PayPal, Mastercard, Apple and Visa have pulled out of the Russian market following Russia’s invasion of Ukraine, with major banks such as JP... read more
05 May 22 @ 10:30
New data from Payments Cards & Mobile’s Digital and Card Payments yearbooks reveals strong growth in electronic payments across Russia and the former Commonwealth of Independent States (CIS) – though... read more
05 May 22 @ 10:00
As both Visa and Mastercard announce higher charges for e-commerce transactions and almost two-thirds of Europeans now bank online, it seems the popularity of alternative payment methods, or “alt-pays”, continues... read more
29 Apr 22 @ 09:29
If you’ve worked in banking for the majority of your career and are feeling a little burnt out, a change could be as good as a rest. The transfer of... read more
26 Apr 22 @ 17:16
First it was Visa and Mastercard, then American Express and Discover followed suit, noting that Discover and Diners Club International do not have any active partners in Belarus and Russia.... read more
31 Mar 22 @ 12:19
New data from a survey of European consumers on their attitudes and experiences of lending finds many consumers still feel frozen out of the lending bubble, held back by outdated... read more
30 Mar 22 @ 17:34
If markets like Brazil, Colombia and Argentina are digitising their financial services sector faster than anywhere else on Earth, then they are also experiencing rampant fraud attempts in digital channels.... read more
21 Mar 22 @ 15:53
Alongside a host of other Western companies, PayPal, Mastercard, Apple and Visa have pulled out of the Russian payments market following Russia’s invasion of Ukraine, with major banks such as... read more
16 Mar 22 @ 12:46
American Express is making what appears to be a landgrab for what some see as the next big market for payments – the metaverse. The company has filed trademark applications for... read more
10 Mar 22 @ 16:21
US consumer spending maintained positive momentum in February, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Overall retail sales excluding auto increased 8.7%... read more
09 Mar 22 @ 12:21
The Merchants Payments Coalition (MPC) has called on Congress to investigate Visa and Mastercard’s anticompetitive interchange fees and dominance over the US credit and debit card markets, citing President Biden’s... read more
02 Mar 22 @ 16:58
The European Union has announced it will exclude seven Russian banks from the Swift messaging system but stopped short of including those handling energy payments. However, there are those questioning... read more
22 Feb 22 @ 09:30
Berkshire Hathaway, as has been widely reported, sold more than $3 billion in stock in the payment giants Visa and Mastercard – but why? According to a securities filing in... read more
21 Feb 22 @ 13:33
The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more
21 Feb 22 @ 08:00
Amazon.com reached an agreement with Visa to end the ban on accepting its cards across its network, ending the interchange fees standoff between the two that threatened to disrupt e-commerce... read more
07 Feb 22 @ 17:21
A new report by European Open Banking services provider Tink finds much positive sentiment about the greater competition and wider palette of services Open Banking will bring. Such breathless optimism... 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
27 Jan 22 @ 17:27
The UK’s Payment Systems Regulator (PSR) has published its final report into its card acquiring market review. The document sets out the regulator’s conclusion that the supply of card acquiring... read more
17 Mar 26 @ 15:03
Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more
12 Mar 26 @ 18:21
For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more
22 Mar 26 @ 18:30
Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more