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8 in 10 UK businesses plan to improve payments processes in 2025

As businesses look to drive growth in 2025 amid a dynamic market environment, new research from American Express reveals about 8 in 10 (78%) are planning to improve their business payments process, with almost two-fifths (39%) doing so as part of strategies to drive growth. The Amex Trendex: B2B Payments Edition surveyed 500 UK business […]

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From cash decline to digital dominance: A decade of UK payments

The UK payments landscape has transformed over the past decade, shaped by technology, consumer preferences, and economic shifts, according to the 10th edition of the Global Payments Report (GPR). The way UK consumers pay is more diverse than ever. While digital payments* dominate, with digital wallets set to account for 58% of all online spend

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AI vs AI: The battle between fraudsters and fraud fighters in e-commerce

The rapid evolution of artificial intelligence (AI) has created a double-edged sword for e-commerce businesses. While AI-driven fraud prevention technologies continue to advance, fraudsters are also leveraging AI to launch more sophisticated and scalable attacks. According to the latest AI vs AI report from fraud prevention firm Ravelin, the majority of merchants are bracing for

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Mobile payments in Italy rise 61% in 2024

Italy’s mobile payments market experienced a substantial expansion in 2024, reflecting a broader consumer transition toward digital-first transaction methods. Mobile payments in Italy rise 61% PayTech leader Nexi emerged as a key driver of this shift, registering a 61% year-over-year surge in mobile payment volumes. This performance significantly exceeded the sector-wide growth rate of 53%,

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Global Payments Report tracks a decade of transformation

The 10th edition of the Worldpay Global Payments Report (GPR) reveals a global transformation in payments. In just a decade, innovation such as digital wallets, buy now pay later (BNPL) and real-time account-to-account (A2A) technology has revolutionised the way consumers pay. Spending through digital payment methods* in e-commerce and in-person shopping grew from $1.7 trillion in 2014

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M&A begins to accelerate in the payments industry

The payments sector is undergoing significant consolidation, with a marked increase in merger and acquisition (M&A) activity. M&A begins to accelerate in payments As economic and regulatory pressures intensify, as well as the access to readily available finance, firms are strategically positioning themselves for long-term sustainability through acquisitions or potential sales. Industry players such as

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The evolution of BNPL: Who leads the global market?

The emergence of Buy Now, Pay Later (BNPL) services has redefined credit accessibility, allowing consumers to split payments into manageable instalments, with flexible payment solutions playing a critical role in consumer purchasing decisions. Among the dominant BNPL providers, Klarna, PayPal and Afterpay have cemented their positions, each focusing on distinct market segments and geographic strongholds.

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Credit cards maintain strong position in Latin America

The digital payments sector in Latin America is experiencing digital-first financial institutions increasingly dominating online card transactions. Nowhere is this shift more pronounced than in Brazil, where 41% of online credit card transactions originate from digital issuers. This trend reflects the growing influence of fintechs and neobanks in reshaping consumer payment behaviours and redefining the

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The digital euro is now a greater imperative than ever

The European Central Bank (ECB) is actively advancing the preparatory phase of its proposed digital euro, slated for completion by October 2025. Digital euro is now a greater imperative than ever However, recent developments have intensified scrutiny from policymakers and financial experts regarding the feasibility of such an initiative. The prolonged operational failure of the

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Digital payments in Asia: $325 billion in e-commerce by 2028

Southeast Asia (SEA) is rapidly cementing its position as a global leader in digital commerce, with its e-commerce market projected to skyrocket to $325 billion by 2028. This surge is largely driven by the explosive adoption of digital payments and increasing regional interoperability, paving the way for unprecedented growth in cross-border trade. The latest IDC

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