NFC World

The accelerating convergence of advanced synthetic media tools, widespread crime-as-a-service (CaaS) platforms, and increasingly sophisticated fraud tactics has pushed ID verification systems to a breaking point. CaaS networks drive surge in ID verification attacks This stark reality forms the core message of iProov’s newly released Threat Intelligence Report 2025, which tracks and analyses global attack […]

As the UK’s payments sector nears the final transition deadline for Policy Statement 21/3 (PS21/3), merchants need to grasp the regulatory and operational shifts it brings. PS21/3: Key considerations for merchants Issued by the Financial Conduct Authority (FCA), PS21/3 introduces enhanced safeguarding and prudential risk management requirements for payment service providers (PSPs) and electronic money

The Payment Systems Regulator (PSR) has delivered a stark verdict on the state of the UK’s card scheme and processing fees market, highlighting substantial fee increases imposed by Mastercard and Visa alongside weak competitive pressures. PSR takes aim at rising card scheme fees In its final report, the PSR reveals that since 2017, Mastercard and

The Consumer Financial Protection Bureau (CFPB) has formally withdrawn its lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Early Warning Services (EWS), the entity responsible for operating the Zelle payments network. CFPB abandons litigation in Zelle fraud This strategic legal retreat, documented in a federal court filing on Tuesday, underscores a paradigm shift

A new era of payment processing is on its way, driven by a new generation of technology-first payment processors that are reimagining financial infrastructure from the ground up. A new era of payment processing These next-gen providers are not just layering new solutions onto existing legacy systems but are completely rewriting the banking stack, enabling

The landscape of instant payments in the US is evolving rapidly, driven by the dual forces of the Real-Time Payments (RTP) network and the Federal Reserve’s FedNow service. Getting up to speed with US instant payments Despite the complexity of the US banking ecosystem – comprising a vast network of regional, national and international financial

The US banking sector is on the verge of a major shift as Bank of America (BofA) CEO Brian Moynihan revealed that the institution is poised to enter the stablecoin market – contingent on favourable legislation from Congress. Bank of America planning stablecoin launch Moynihan’s remarks come amid growing political momentum in Washington to establish

As we know, the payments and fintech landscape is set for another transformative year, with rapid technological advancements, regulatory shifts and changing consumer expectations shaping the future of retail banking. 7 fintech and payments trends A new report highlights seven key payments trends that will significantly impact financial institutions, requiring proactive adaptation to stay ahead

The digital wallet landscape is undergoing a profound transformation, evolving far beyond its initial role as a tool for electronic payments. As technology, regulation and consumer expectations shift, digital wallets are emerging as comprehensive financial platforms that integrate payments, identity verification and asset management. The Mobey Forum’s latest report, Beyond Payments: Navigating the Next Generation

Visa says that Tap to Phone – a technology that turns a smartphone into a point-of-sale (POS) device – has experienced a 200% increase globally over the past year, supporting millions of sellers of all sizes worldwide. Tap to Phone adoption grows 320% In the UK, Tap to Phone adoption is even higher, at a