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Visa and Mastercard have kicked off 2024 with better-than-expected earnings, underscoring the resilience of global consumer spending – despite what the current sentiment feels like. Visa and Mastercard beat earnings estimates Despite concerns over higher interest rates and economic slowdowns, both companies reported strong transaction volumes, particularly during the holiday shopping season. The latest earnings […]

Led by phenomenal growth in Same Day ACH, Nacha reported across-the-board gains in ACH payments volume and value in 2024. Same Day ACH payment volume topped the 1 billion mark, with more than 1.2 billion payments for the year. The value of those payments was $3.2 trillion. From 2023 to 2024, Same Day ACH volume

The UK fintech industry is at a pivotal moment. Regulation, reputation, growth and investment are under the spotlight, and happily so. UK fintech hits pivotal moment These are not mutually exclusive. The powers that be need to act fast to maintain the rude health of the UK’s world-renowned financial services. The UK government and the

As digital assets continue their push into mainstream finance, Kraken, one of the largest cryptocurrency exchanges, has introduced Kraken Pay, a P2P payment solution designed to facilitate instant crypto and fiat transactions. Kraken Pay: crypto to fiat payments This move positions Kraken at the forefront of the evolving crypto payments landscape, offering users a seamless

Fraudsters are evolving faster than ever, leveraging cutting-edge technologies like Generative AI (GenAI) to develop increasingly sophisticated schemes. Experian’s 2025 Future of Fraud Forecast reveals five emerging fraud threats that businesses and consumers must prepare for in the coming year. As digital transactions become the norm, cybercriminals are exploiting new vulnerabilities at scale, making fraud

Ecommpay has added MB Way, the leading Portuguese e-wallet, delivering lower cost pay-ins and refunds in the country. Ecommpay adds MB Way to payment platform MB Way counts half of Portuguese bank account holders as its customers and holds a 45% market share of e-commerce transactions in the country. “With almost three quarters of consumers

21X – which recently received the first ever license to operate an EU-regulated venue for the trading and settlement of tokenized securities – and ABN AMRO have completed a joint partner initiative in preparation for the launch of 21X’s digital asset exchange. 21X on-chain trade of tokenized assets With the successful completion of a joint

In the fast-evolving world of digital payments, reliability, speed and uptime are essential factors for merchants and businesses. Top performing payment gateways The Strawhecker Group (TSG), a recognised analytics and intelligence firm specialising in the payments industry, has announced its 2024 rankings of top-performing payment gateways based on real-world transaction data. Leveraging its Global Experience

More than any other transaction form, real-time payments (RTPs) will dominate the next five years. By 2030, around one-third of global payments will be real-time.[1] Within this growth, corporate payments represent a massive opportunity: despite being more than twice the size of the consumer market,[2] over 30% of B2B payments are still made using cash

Elon Musk’s ambitious vision for X as a Super App is taking another significant step towards X Money. X partners with Visa to launch X Money The social network has announced a strategic partnership with Visa to introduce P2P payments and a digital wallet system called the X Money Account. The move marks X’s first