13 Oct 23 @ 09:54
Jeffries recently made a deep-dive analysis of the Nilson Report’s annual Top Merchant Acquiring ranking to compare top players, annual changes and track evolution of payments companies vs. banks. Post... read more
13 Oct 23 @ 09:37
A new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry, finds that financial services is the third-most attacked vector in the Europe,... read more
10 Oct 23 @ 17:23
The payments industry’s 2022 performance, in terms of revenues and valuations, shows ongoing change with opportunities for growth and margin improvement across geographies and products. A close look at revenues... read more
09 Oct 23 @ 17:10
While financial forecasters continue to signal near-term economic downturns across the globe, FIS has conducted new research to understand how corporate executives across industries are innovating amid uncertainty. FIS’ Global Innovation... read more
06 Oct 23 @ 14:08
A new report reveals that growth in card purchase volume in 2022 was driven by increasing financial inclusion, digitisation and the easing of lockdowns. Global Cards and Payments shows that... read more
02 Oct 23 @ 17:07
It’s now been a few months since the European Commission (EC) published its package of proposals for the next generation of payments regulation in the EU. The proposals – which... read more
02 Oct 23 @ 15:53
Its never a good look for a company hoping to be granted a UK banking licence to be hauled up by two of the most prominent regulatory bodies for separate... read more
27 Sep 23 @ 17:18
While UK consumers’ exposure to cybercrime has reduced over the past year, they experience more at cybercrime losses than any other major market in the world – despite being less... read more
27 Sep 23 @ 17:04
The payment industry is undergoing a surge in global regulations, initiatives, and innovations, resulting in new payment instruments and use cases. However, managing the volume, velocity, and variety of these... read more
26 Sep 23 @ 15:35
While corporations and governments tout the advantages of digital ID to simplify access to digital services, consumer concerns about privacy and control of data are surging. Self-sovereign ID (SSI) –... read more
26 Sep 23 @ 15:00
Testifying in the US Congress all the way back in 1989, financial crime expert Charles A. Intriago remarked that “every time government […] undertakes a new effort, money launderers seem to be... read more
25 Sep 23 @ 17:10
In 2022, the European B2C e-commerce turnover increased from €849 billion in 2021 to €899 billion in 2022, despite a shifting economic and political environment. Although the growth rate for... read more
25 Sep 23 @ 15:39
Biometric authentication once felt like a glimpse into a bigger, brighter future. Retinal scanning, for example, would often appear in science fiction films like Demolition Man, used to portray the... read more
22 Sep 23 @ 13:29
In the vibrant world of cryptocurrencies, Non-Fungible Tokens (NFTs) had emerged as the stars of recent years. But… The hype around Non-Fungible Tokens peaked in the 2021/22 bull run that... read more
22 Sep 23 @ 12:47
Amid the broader venture gloom, generative AI mega-rounds and unicorn births have kept AI investment levels relatively elevated, with Q2 2023 funding coming in at $9.4 billion. Using CB Insights data,... read more
18 Sep 23 @ 16:46
The World Payment Report 2023 Executive Survey results indicate that retail payments comprise 59% of total transaction volume while commercial payments comprise 41%. However, in terms of value, commercial payments make... read more
18 Sep 23 @ 14:50
In May 2023, the European Commission published a draft proposal to mandate the use of instant payments for all Euro transactions between member states into and out of the Euro... read more
15 Sep 23 @ 14:42
Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more
15 Sep 23 @ 13:56
In 1999, a then-unknown Elon Musk purchased the web domain x.com and set about building his vision for an internet-only bank. While said bank didn’t materialise, the site eventually morphed... read more
15 Sep 23 @ 09:53
The total number of UK payments (consumer and business) in the UK last year increased to 45.7 billion, up from 40.4 billion in 2021. Payments made by businesses accounted for... 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