22 Apr 22 @ 16:22
The MENA FinTech Association (MFTA), has released the first volume of the SHIFT report, a comprehensive guide that supports the FinTech community in navigating the MENA payment landscape. The release... read more
21 Apr 22 @ 16:31
Mobile money has transformed the lives of millions of people globally. Today there are 1.35 billion registered mobile money accounts processing $1 trillion in transactions annually. That is almost $2... read more
21 Apr 22 @ 11:37
Stripe says it expects growth this year will not be as strong as last year when the company benefited from an e-commerce surge spurred by the COVID-19 pandemic, according to... read more
05 Apr 22 @ 11:51
To achieve growth and success past 2030, businesses must start to understand the living, shopping, and financial habits of Gen Z or Zoomers (consumers aged between 16 and 24) now... read more
30 Mar 22 @ 18:30
As the number of merchants looking to accept digital payments shoots up, cheaper and more capable acceptance systems based on mobile devices are growing fast. James Wood looks at the... read more
30 Mar 22 @ 16:22
The digital wallet market has been steadily growing until 2019 when the coronavirus pandemic began. A new report shows that between 2019 and 2020 the number of users has nearly... read more
16 Mar 22 @ 15:51
December 2021 card spending data from UK Finance reveals that the average amount spent per contactless card transaction rose by almost 30% following the contactless spending limit increasing from £45 to... read more
15 Mar 22 @ 12:44
A new report by card industry body Payments Europe claims Europeans would welcome government intervention to mandate electronic payment. The report also says that, while instant, or account-to-account, payments are... read more
21 Feb 22 @ 09:00
Worldline has entered into exclusive talks with the Apollo Funds on the basis of a binding offer for the purchase of its Terminals, Solutions & Services (“TSS”) business line. Following the strategic review... 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
28 Jan 22 @ 11:43
In the second part of a two-part series on Tap on Mobile, PCM spoke to Tim Dziubek, Director of Payment Products at Discover Global Network, to learn more about Tap... read more
26 Jan 22 @ 09:21
As contactless transactions using cards and digital wallets soar, digital acceptance via mobile, or “Tap on Mobile”, is opening up electronic payments to new merchant categories. PCM investigates the next... read more
25 Jan 22 @ 15:30
In a recent earnings call, JPMorgan Chase, the largest lender on Wall Street with $3.76 trillion (in assets), announced it plans to increase its annual technology budget to $12 billion,... read more
25 Jan 22 @ 12:07
Thanks to the pandemic, consumers have become accustomed to doing almost everything online, accelerating digital transformation and embedding new behaviours. After a 5% in global payment revenues in 2021, the... read more
10 Jan 22 @ 10:53
Small and micro-merchants are switching to electronic payments across Europe – banks and payments companies must consider the specific needs of this segment. As a new year dawns, commentators are... read more
08 Dec 21 @ 09:26
In their 2021 Global Payments Report, McKinsey and Company identify[1] an $100 billion opportunity to provide small and medium enterprises (SMEs) with new payments services. By offering value-added services to... read more
02 Dec 21 @ 10:35
Of the many payment innovations to surface in the past 20 years, the QR code is enjoying a resurgence, having once been viewed as a failed marketing gimmick that became... read more
01 Dec 21 @ 09:25
As in many other areas of life, COVID-19 has accelerated changes evident in merchant acquiring over the last five years. These changes go beyond the obvious, such as the shift... read more
30 Nov 21 @ 16:02
The PSD2 enables more convenient, secure, faster and more affordable account-to-account payments in e-commerce and at the checkout in shops. One of the two new API-based PSD2 services, the Payment... read more
29 Nov 21 @ 18:09
The recent news that a US acquirer had raised concerns about PAX terminal security led a number of Merchant Service Providers’ (MSPs) to ask questions about their approach to next-generation... read more
30 Jun 26 @ 07:05
Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more
06 Jul 26 @ 20:34
European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more
07 Jul 26 @ 19:13
Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more