13 Feb 20 @ 07:04

MIR, the Russian payment system launched in response to European and US sanctions, is reported to be preparing for launch in the European market. The reports say it will initially... read more

13 Feb 20 @ 07:03

New research shows Discover remained the most widely accepted card scheme worldwide at the end of 2018. A new report from RBR research, Global Payment Cards Data and Forecasts to... read more

13 Feb 20 @ 07:02

The People’s Bank of China says it has accepted an application from an American Express business unit to start operations in China – clearing a major hurdle in its bid... read more

13 Feb 20 @ 06:56

The use of passive wearable devices for payment is taking off in Europe, as consumers rapidly integrate this new payment method into their daily lives. This year’s figures showed an... read more

18 Dec 19 @ 15:45

On the face of it, all’s well in payments. Big firms are posting huge profits and experts forecast growth aplenty in the next decade. But growing numbers of companies complain... read more

18 Dec 19 @ 15:37

This year’s Money2020 USA in Las Vegas revealed an industry in transformation, with the digital revolution in full flight. Although new products and services were launched to support online transformation,... read more

18 Dec 19 @ 15:33

New research from Global Card Payments Data shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10 percent over the past year.... read more

18 Dec 19 @ 15:23

The world’s biggest card networks — including Visa, Mastercard, American Express and Discover Financial Services — have joined forces to create a new one-click payments button, using the EMVCo’s EMV... read more

14 Oct 19 @ 08:38

It’s neither a cryptocurrency, nor does it run on blockchain. Aside from these minor points, US and European banks are steering clear of Libra, Facebook’s project for a new cryptocurrency.... read more

14 Oct 19 @ 08:36

Since being shown the door by eBay in 2018, PayPal, once one of the most innovative digital payments companies in the world, has continued to perform well and dominate the... read more

13 Oct 19 @ 08:00

Launched just over a year ago in Europe, GDPR is being hailed as a success, with similar legislation either enacted or on its way in Canada, Australia, Brazil and Singapore.... read more

12 Oct 19 @ 08:34

The EU’s Strong Customer Authentication (SCA) regulations were meant to come in to full effect on 14 September. Required to enhance e-commerce security in the face of rising fraud, some... read more

11 Oct 19 @ 09:32

Ahead of Money 2020 USA, James Wood asks to what extent are new payment technologies like voice and face mere hype – or a vision of the future? And what’s... read more

06 Aug 19 @ 12:20

Analysts predict the world’s economy will pivot to Asia in the next few years, with industry commentators noting astronomical growth in Chinese digital P2P and P2B systems such as WeChat... read more

06 Aug 19 @ 12:20

Senior executives, commentators and analysts all agree – a workable digital identity is key to next-generation payments. Without functioning digital ID, the payments revolution will stall. But as state-sponsored national... read more

06 Aug 19 @ 12:17

The rise of digital payments is one reason why some analysts predict heavy weather for the major card networks. Others include tighter regulation, possible disintermediation through open banking innovations, creaking... read more

06 Aug 19 @ 11:34

Facebook’s launch of a stablecoin named Libra, made with an array of blue-chip partners, has met with a tepid response from industry commentators. However, the announcement confirms blockchain’s real and... read more

06 Aug 19 @ 11:23

According to a new report by Yandex.Money, Russian customers are noticeably using contactless payment methods to pay for purchases: the number of payments made with smartphones has increased nearly threefold... read more

06 Aug 19 @ 11:22

Contactless cards will account for 57 percent of payment cards worldwide by 2023 as issuers increasingly offer them as standard, and acceptance grows to reflect customer demand. At the end... read more

06 Aug 19 @ 09:31

The P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) has announced a partnership with Mastercard to provide real-time payments across the Nordic... read more