NFC World

Since the world went digital the value of data has been unprecedented, and as businesses race to adopt the latest tech to optimise and monetise their data it is set to increase in value at an exponential rate. Responsible cloud migration However, whilst data is widely regarded as an organisation’s main asset, data accountability is […]

Ecommpay has extended its partnership with Token.io adding virtual accounts in four new markets — the Netherlands, Spain, France and Ireland. Ecommpay extends Open Banking payments Ecommpay Open Banking Advanced, delivers cash-flow and customer experience benefits for e-commerce businesses. With the A2A payment market forecast[1] to grow significantly, Ecommpay says it is committed to delivering

In a significant shift within the payments industry, Fiserv and Wells Fargo are preparing to conclude their long-standing acquiring joint venture, Wells Fargo Merchant Services (WFMS). Fiserv and Wells Fargo end acquiring JV Initiated in 2019 following Fiserv’s acquisition of First Data, this partnership was designed to harness Wells Fargo’s vast customer base and sales

Nominations are now open for The Payments Power 50 2025, the new annual guide showcasing the most influential and innovative companies, along with visionary leaders shaping the future of the Payments industry. The Payments Power 50 In its inaugural year, the annual programme will recognise 40 trailblazing companies and 10 of the world’s leading Payments

Kearney has released the latest data from its annual European Retail Banking Radar, finding that more than two-thirds (73%) of European bank clients have kept their primary account at the same institution for five years or longer. According to Kearney, over half of Europeans (55%) still bank with one institution, with this figure as high

The European Banking Authority (EBA) and the European Central Bank (ECB) have jointly published the 2024 Report on Payment Fraud, providing a critical analysis of data from the European Economic Area (EEA). The report offers a comprehensive overview of fraud levels across credit transfers, card payments, direct debits, cash withdrawals, and e-money transactions. It also

Retail banking is in various degrees of flux yet it is becoming clear that payments have fast become the differentiating factor for success. While much of the noise around modern service offerings centre around the customer experience – and rightly so – it is helpful to define what exactly constitutes good customer experience. Open Banking-based

In the same week that The Bank of England called on financial services firms to join its AI consortium, Cledra have released finding of a report that, at it heart, finds the use of AI in business may be a bit underwhelming. While Artificial Intelligence adoption rates have surged, particularly in the wake of the

Visa has announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. Visa acquires Featurespace The acquisition of Featurespace will strengthen Visa’s portfolio of fraud detection and risk-scoring solutions used by clients to grow and

As the digital economy expands, the demand for more secure and seamless payment solutions is intensifying, particularly in the business-to-business (B2B) sector. The future of biometric authentication While biometric authentication has already gained popularity in consumer payments through technologies like facial recognition and fingerprint scans, its potential in B2B payments is only beginning to be