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Digital wallet users hit 4.4 billion – mobile payment tokenisation revenue exceeds $53 billion globally

16 Mar 21 @ 17:15

A new study has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020. The report found tokenisation, where account... read more

Invasive apps: which apps are sharing your personal data?

10 Mar 21 @ 11:39

Apps form a part of our everyday life. From catching up with our friends to playing games, watching films, investing in stocks, making payments and banking, there’s not much we... read more

How Issuers can build modular ecosystems for modern payments

09 Mar 21 @ 17:08

The fast-moving digital payments market, driven by ever-increasing consumer demands, requires modular ecosystems that will keep pace with innovation. With legacy platforms no longer fit for purpose, pan-European processor Nets... read more

UK credit market report January 2021 – More signs of stress

08 Mar 21 @ 18:21

FICO has released its analysis of UK card trends for January 2021 which highlights a mixed – and perhaps confusing – picture of UK consumer finances. Furlough and forbearance appear... read more

Consumer concerns on cybercrime rise as faith in anti-fraud disappears

03 Mar 21 @ 17:00

A study from digital identity experts iProov shows that consumers in both the US and UK believe the threat of cybercrime is rising even as their ability to spot fraudulent... read more

PCM long read: What’s on the cards for 2021

02 Mar 21 @ 17:26

From acquiring to fraud, the role of big tech, mobile wallets and faster payments – PCM’s James Wood asks industry leaders to play Gypsy Rosie Lee and read what’s on... read more

Businesses want more assurance on data security to adopt Open Banking

02 Mar 21 @ 15:47

42% of financial services businesses want better support and guidance on data security in relation to Open Banking, according to recent research on the market. The survey of financial professionals... read more

140% YOY growth: 37 billion data breach records leaked in 2020

01 Mar 21 @ 16:41

According to data analysed by the Atlas VPN team based on the 2020 Year End Data Breach QuickView Report by Risk Based Security, the number of leaked data records worldwide hit a... read more

Long Read: The Kalifa Review of UK FinTech

26 Feb 21 @ 13:08

Over the past decade, the UK has been quietly undergoing a FinTech revolution – in jobs, innovation, improvements to people’s lives and in increased opportunities in global trade. A look... read more

Unicorn Neo Banks and their performance through COVID-19

26 Feb 21 @ 09:28

There are 17 unicorn neo banks (defined by a pre-money valuation over $1 Billion) from around the world and here they have been categorised by their core product at time of launch.... read more

How has the regulatory landscape for the finance industry changed in 2020 – early 2021?

22 Feb 21 @ 15:19

Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing... read more

Davos and digital currencies – What world leaders think of cryptocurrency

22 Feb 21 @ 15:16

Digital currencies, whether these are central-bank issued, price-stabilised cryptocurrencies (“stablecoins”), or non-stabilised cryptocurrencies such as Bitcoin, are poised to have an impact on the financial system. In recent months we... read more

Report: Results of the third BIS survey on central bank digital currency

16 Feb 21 @ 17:44

Most central banks are exploring central bank digital currency (CBDCs), and their work continues apace amid the Covid-19 pandemic. As a whole, central banks are moving into more advanced stages... read more

Mastercard announces it will allow cryptocurrencies on its network

11 Feb 21 @ 16:32

Hot on the heels of Visa and its recent announcement, Mastercard says it will begin allowing cardholders to transact in certain cryptocurrencies on its network, the latest company to embrace digital... read more

SWIFT and PBoC set up JV for internationalisation of digital yuan

08 Feb 21 @ 17:33

SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... read more

PayPal wins in China…loses out in Indian payments market

08 Feb 21 @ 16:10

PayPal has been driven by market forces to close down its payment operations in India. Instead, it will scale up its existing cross-border business for small enterprises, to gain a... read more

Top 10 mobile payment development trends to watch in 2021

04 Feb 21 @ 17:52

3.2 billion people worldwide used smartphones in 2019, and 3.5 billion in 2020. The move towards digital and mobile payment and commerce is so well document both by Payments Cards... read more

UK financial watchdog pushes for further regulation of ‘buy now, pay later’ credit

03 Feb 21 @ 16:59

The UK’s Financial Conduct Authority has said that “buy now, pay later” credit deals offered by online retailers pose a “significant potential for consumer harm” and require regulation “as a... read more

Visa CEO say network ready to back Crypto assets

01 Feb 21 @ 10:48

Visa already has a number of stakeholdings in cryptocurrency via wallet and platform partnerships and digital asset companies like BlockFi, Fold, Bitpanda and Crypto.com already issue Visa-branded products. However, Al... read more

Chinese card payments market skyrockets – Australia subdued from COVID

27 Jan 21 @ 17:33

Card payments in China have been on a sustained growth path for the last few years. While the growth has been somewhat affected by COVID-19, it is still forecasted to... 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