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PSD2 Strong Customer Authentication – What do consumers think?

31 Jan 19 @ 12:04

Payment Service Providers are pushing to implement their PSD2 Strong Customer Authentication (SCA) solutions ready for the September deadline. But of course it’s not just them that will be affected... read more

Retailers: improve mobile shopping or risk losing revenues

29 Jan 19 @ 14:14

Two-thirds of consumers will abandon mobile shopping transactions out of principle if the process is too difficult, according to latest research. The study of 2,000 UK adults on their mobile... read more

Has Amazon Go set the new benchmark for cashierless shopping?

28 Jan 19 @ 17:13

A year ago, Amazon opened a cashierless store called Amazon Go, marking its biggest effort yet to change the way people shop in the physical world. Today a host of other... read more

Microsoft “retires” Microsoft Wallet in face of competition

23 Jan 19 @ 08:45

Microsoft has updated its Wallet page, saying that the Microsoft Wallet app will be retired on February 28, 2019. Microsoft Wallet allowed users to load up payments and loyalty cards, but beginning in June... read more

Feature: Is it all change for interchange?

22 Jan 19 @ 11:00

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

GDPR gets real: Eight strategic complaints filed on “Right to Access”

21 Jan 19 @ 17:05

noyb (a European non-profit organisation for privacy enforcement) has put the GDPR law and eight online streaming services from eight countries to the test – but no service fully complied. In... read more

UK credit lenders prepare for lack of lending in 2019

17 Jan 19 @ 14:26

A new survey released by the Bank of England shows dire trading conditions for British banks and credit lenders as they gear down on expectations that consumer appetite for borrowing... read more

India’s UPI usage surges as digital payments continue to gain traction

16 Jan 19 @ 12:29

Since India’s demonetisation policy took place, digital payments spiked in the immediate aftermath. However, post adoption of the policy the pace of adoption has been much slower than anticipated. Digital transactions... read more

European Banking Authority report stresses regulation for crypto-assets

10 Jan 19 @ 18:51

The European Banking Authority (EBA) has published the results of its assessment of the applicability and suitability of EU law to crypto-assets. Typically, crypto-asset activities do not constitute regulated services... read more

Report: Social commerce in Russia – customer behaviour

10 Jan 19 @ 14:45

About 39 million Russians use social commerce, shopping in online social channels such as social media, instant messengers, classified ad websites, and other P2P platforms. The number of users paying... read more

Mizuho Bank to roll out J Coin digital currency

09 Jan 19 @ 12:57

Mizuho Bank is set to roll out a proprietary digital currency, J Coin, in March, backed by 60 regional domestic banks. The virtual currency is the result of the development of... read more

Proceeding with caution – a survey on central bank digital currency

09 Jan 19 @ 10:02

A survey of central banks shows that a majority are collaboratively looking at the implications of a central bank digital currency (CBDC). Although many have reached the stage of considering... read more

Google granted e-money licence for EU

07 Jan 19 @ 16:59

Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... read more

Contactless card fraud surges in 2018

07 Jan 19 @ 11:47

According to figures from Action Fraud, the UK’s national fraud reporting service, contactless card fraud is surging. A total of £1.8 million was stolen by fraudsters from contactless users in 2018.... read more

Highlights from Mobey Day 2018 – key trends from the eighth annual meeting

19 Dec 18 @ 07:57

Banking is not just about money. According to Lorenz Jüngling from The Isle Ventures, it is also about users and, most importantly, their emotions.  And, as Danske Bank’s Guri Hanstvedt... read more

Global ATM installations set to fall for first time as demand for cash drops in China

18 Dec 18 @ 11:53

In 2017, as the ATM industry celebrated its 50th year, the number of ATMs installed worldwide peaked at 3.28 million with a fall in installations predicted over the next few... read more

2019 Technology Predictions: Digital Banking

18 Dec 18 @ 09:18

Tech-savvy millennials have driven – and continue to drive — a seismic shift towards an uptake in digital banking. According to the latest data available, there are 71 million millennials... read more

App-athy towards financial apps as 11.2 million dormant on UK mobiles and tablets

07 Dec 18 @ 15:31

The UK is now the third largest market in Europe for financial app downloads (with a 19% growth since 2017) yet users currently show significant ‘app-athy’ for technology that can... read more

Report: Do we really want a cashless society?

05 Dec 18 @ 15:33

Travelex has released a study into attitudes towards cash and other payment technologies: Do we really want a cashless society? The study, which looks at cash and cashless technology usage in... read more

Payments Predictions: 18 for 2019

04 Dec 18 @ 01:01

Is it too early to be closing off 2018? Possibly or even proabably – but I know you all love a list of payment predictions – so here is the... 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