Showing results for 'weve' in Articles
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Smart checkout technologies to process $387 billion in transactions

08 Sep 20 @ 10:56

A new study has found that the value of transactions processed by smart checkout technologies, where the fixed checkout process is replaced by a frictionless model, will reach $387 billion... read more

Analysis of UK credit card issuer data shows uplift in spending and payments

08 Sep 20 @ 10:05

New UK credit card issuer data has been released for the period June and July 2020, the below is an analysis of UK credit card trends post COVID-19. The data... read more

New web card skimmer steals credit card data and sends via Telegram

07 Sep 20 @ 14:14

The digital card skimmer landscape keeps evolving, often borrowing techniques used by other malware authors in order to avoid detection. Defenders of the ecosystem look for any kind of artifacts... read more

The top ten challenger banks by value – and why

07 Sep 20 @ 12:46

Challenger banks have raised hundreds of millions in venture capital to take on bank incumbents. But how are these startups doing at reaching, converting, and engaging millions of customers? Challenger... read more

Klarna posts net loss of $59.8 million for H1 – valuation increases to $5.5 billion

02 Sep 20 @ 08:40

Klarna has reported a ballooning net loss in H1 2020, as the company invested in an international expansion drive and set aside reserves to deal with credit losses amid the COVID-19... read more

Amazon silent unbundling attack of the financial services market

26 Aug 20 @ 12:26

If you mentioned that Amazon was trying to take a foothold in the financial services and payments market, not many would be surprised. But what if you explained how deep... read more

JP Morgan eyes lunch of digital bank in UK

26 Aug 20 @ 11:49

JP Morgan Chase has been reported to be preparing to launch a digital bank in the UK in Q1 2020. The rumours suggest that JP has signed up suppliers to... read more

832% increase in Open Banking payments during COVID-19 lockdown

25 Aug 20 @ 14:48

TrueLayer says it has recorded a massive increase in consumers using Open Banking Payment Initiation (PI) to pay for goods and services during the lockdown. PI is a new form... read more

Emerging ATM markets continue to show growth potential

24 Aug 20 @ 11:47

While many mature ATM markets are seeing a slowdown, developing markets are set to witness rapid expansion over the next five years, with ATMs supporting cash-reliant newly banked populations. As... read more

Wirecard assets begin carve up as Railsbank takes UK entity

24 Aug 20 @ 09:00

The break-up of Wirecard has begun as it agreed to sell what is left of the UK business to Railsbank, a UK FinTech backed by Visa. The UK deal, which... read more

AusPayNet report shows sharp decline in card fraud in 2019

14 Aug 20 @ 10:27

Data released by the payments industry self-regulatory body Australian Payments Network (AusPayNet) revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.... read more

Ripple tries to diversify as it faces headwinds from the banks

13 Aug 20 @ 13:14

Ripple has created one of the most valuable cryptocurrencies. Its digital tokens, known as XRP, have a total value of almost $30 billion, behind only bitcoin and Ether. But, eight... read more

Revolut losses continue to grow – 3 times greater than 2019

13 Aug 20 @ 10:19

Revolut losses tripled in 2019 as the FinTech blamed rising staff costs more than offset revenue growth, however it argues that it is on track to break even this year... read more

PCM Feature: Neobanks – hot trend or missed opportunity

11 Aug 20 @ 15:44

Digital-only banks, or neobanks, have been a major focus for investors, and are gathering new customers by the boatload. But are they really banking’s future – or just a sophisticated... read more

Research note: Consumer interest in the credit card is declining

10 Aug 20 @ 14:31

Research from Deloitte has warned credit card issuers they need to do more to encourage credit card use if credit products are to have a long term future, especially with... read more

2020 AML fine values already surpass 2019

10 Aug 20 @ 10:14

Duff & Phelps has launched its seventh annual Global Enforcement Review. The report found that H1 2020 has seen an uptick in AML fine values globally totalling $706 million compared... read more

Report: Global mobile money interoperability

06 Aug 20 @ 12:07

Over a decade ago, mobile money emerged as a standalone service for consumers on the same mobile operator network. Since then, widespread use and uptake has led to integration in... read more

B2B cross-border payments to grow by 30% to $35 trillion by 2022

04 Aug 20 @ 12:33

A new study has found that the total value of B2B cross-border payments will reach $35 trillion in 2022 from a COVID-related low of $27 trillion in 2020; representing 30%... read more

Google partners with six more US banks furthering digital banking efforts

04 Aug 20 @ 10:05

Google has signed up a further six US banks to support the companies strategy to move into digital banking. The new partners — BankMobile, BBVA USA, BMO Harris, Coastal Community... read more

Global payments report – trend to digital wallets gaining momentum

31 Jul 20 @ 12:10

A global payments report has confirmed findings from PCM’s proprietary research and other sources that card use is now in slow decline in developed markets and is being replaced by... 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