Showing results for 'weve' in Articles
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In focus: European merchant acquiring market 2022

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

Cyberattacks on European financial services more than doubled in 2023

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

Payments industry performance – Revenues remain resilient

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

74% of UK payments leaders believe AI will mitigate risk

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

Global card purchase volume hits $42.7 trillion

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

Will the EC’s new legislative proposals help unlock Open Banking

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

Revolut faces further regulatory scrutiny in UK

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

UK cybersecurity improving: but still a risk business

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

Innovation and regulatory changes increasing payment provider costs

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

Identify yourself – why Self-Sovereign ID (SSI) is the future of verification

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

Money laundering in the crypto era – How to tackle it

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

European e-commerce growing despite economic environment

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

What is the future of biometric authentication in payments?

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

Report: The vast majority of NFTs are now worthless

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

Funding declines but generative AI sees upticks in deal count

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

Commercial payments offer huge potential…and CAGR of 11.3%

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

EU mandates instant payments from end 2024: early movers to gain advantage

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

World Payments Report: Non-cash transactions continue to rise

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

Three challenges that could end Elon’s X factor dream

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

Half of all UK payments now use debit cards

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

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Wero expands merchant payments in France with Orange

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

ECB and Brazil explore cross-border link between TIPS and Pix

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

US Bank tests its own Stablecoin for Cross-Border Payments

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