NFC World

Contactless payments in the UK reached a new milestone in 2024, with 94.6% of all eligible in-store card transactions made using tap-to-pay technology, according to Barclays’ latest Consumer Spend report. UK contactless payments surge This figure marks a new high, up from 93.4% in 2023, and reflects the growing entrenchment of contactless as the default […]

The ongoing transformation of Latin America’s payments ecosystem is attracting major international players, with alternative payments methods (APMs) such as Pix and digital wallets becoming central to expansion strategies. Global players embrace alternative payments A new partnership between Spreedly, a leading Open Payments Platform, and EBANX underscores how global merchants are adapting to regional consumer

The US Department of Justice (DOJ) has reportedly declined to oppose the proposed $35 billion merger between Capital One and Discover Financial Services, removing what was seen as the most significant regulatory obstacle to a deal that could reshape the American credit card landscape. Capital One – Discover merger clears key DOJ In a confidential

Digital payment systems that use artificial intelligence or AI are changing the payment business at a time when technology is changing quickly. AI in the payments industry In order to better spot scams and make deals go more rapidly, AI is changing how payments are processed. This proactive method raises safety, effectiveness, and precision by

Whether they’re riding a tram, hiring a bike, paying for tolls, or charging an electronic vehicle, today’s travellers expect a quick, convenient, easy-to-understand payment experience. Carrier Billing: Filling payment gaps But sometimes there are hitches, especially for infrequent travellers or visitors. They seldom have the time or the inclination to download a dedicated app or

Recent research from McKinsey & Co has highlighted the tech spending trap for banks[1]. Currently, banks spend up to 70 cents in every dollar maintaining legacy systems, meaning they are bound to continue the current pattern of poor efficiency, low levels of innovation and no overall understanding of how their system performs. A new white

Viva.com has expanded its pan-European activation of Mastercard Move on its payments and banking platform to 24 countries, following the addition of the UK as an additional live origination market. Viva.com expands near Instant Payment footprint This step enables businesses across 24 European countries to send and receive near-instant payments regardless of currency and geography, enhancing

Visa is reportedly in advanced discussions with Tools for Humanity – the company behind Sam Altman’s Worldcoin and its expanding blockchain ecosystem, World Network – to integrate Visa card functionality into self-custody crypto wallets. Visa and World Network in crypto wallet talks The collaboration aims to fuse traditional payment rails with decentralised identity and asset

A landmark shift in digital identity security is underway, with phishing-resistant passkeys set to surpass passwords and traditional multi-factor authentication (MFA) by 2027. That’s the key finding from HYPR’s newly published State of Passwordless Identity Assurance Report, which draws on data from 750 global IT security leaders. The research, conducted by S&P Global Market Intelligence

The top 10 US merchant acquirers collectively processed $10.6 trillion in card volume during 2024, according to newly released data from The Strawhecker Group (TSG). The findings, sourced from TSG’s authoritative 2025 Directory of US Merchant Acquirers, shed light on a market that remains highly concentrated and increasingly defined by scale, strategic bank relationships, and