NFC World

According to the latest Digital & Card Payment Yearbooks, the German payments landscape has evolved significantly, driven by regulatory reforms, technological advancements, and changing consumer behaviours. The adoption of the revised Payment Services Directive (PSD2) and the rise of digital banking have been instrumental in shaping the current ecosystem. Here’s a comprehensive overview of the […]

The Australian Banking Association (ABA) has released findings from a strategic review conducted by Accenture on the roll-out of the Consumer Data Right (CDR) regime, the country’s opt-in Open Banking programme. Launched in 2020 for major banks and 2021 for other banks, the CDR aimed to empower consumers with control over their data to foster

Money laundering is a pervasive issue, affecting economies and societies worldwide. Nearly all criminal activities generate profits, and offenders must find ways to make these illegal funds appear legitimate. This clandestine nature makes it challenging to quantify the exact amount laundered annually. The Scale of Money Laundering The global impact of money laundering Global Scale:

At Money20/20 2024, industry leaders Vedran Jankovic from Deutsche Bank and Lukas Enzersdorfer from Bitpanda highlighted the transformative impact of MiCA regulations, cryptocurrency, and blockchain technology on the fintech sector. Key drivers for growth: MiCA The recent Deutsche Bank and Bitpanda partnership underscores this shift, providing innovative cash management solutions in Germany. The Role of

Chargebacks, where customers dispute a transaction and request a refund via their bank, have become a familiar challenge for online retailers. In the last few years, chargeback rates have steadily increased, and are now at unprecedented levels. The invisible revenue drain: Chargeback More than three out of four customers in the UK and US filed

The Smart Payment Association (SPA) recently unveiled its annual review of the smart card market, revealing a significant uptick in global shipments. Smart card market surges in 2023 In 2023, the market saw a remarkable 3.2 billion units delivered, up from 2.6 billion units in 2022. This growth is a testament to the sector’s resilience

Following a challenging 2023, the UK fintech sector, particularly in London, is experiencing a notable rebound in 2024. This year has seen a significant uptick in job opportunities and investor confidence, indicating a renewed vigour in the industry. In 2023, the UK fintech investment landscape faced considerable setbacks, with total investments falling to £9.75 billion,

At EBAday 2024, Simone Del Guerra, Head of Central Institutions & International Sales at Nexi Group, discussed the burgeoning era of A2A payments (account-to-account) in Europe. A2A payments for European transactions Del Guerra highlighted the potential of A2A to revolutionise the financial landscape by leveraging instant payment systems. Despite their current fragmentation and lower adoption compared

Giesecke+Devrient (G+D) is making digital payments independent of online connectivity with a token-based payment solution G+D Filia Unplugged enabling secure offline payment transactions, bridging the gap between online and offline payments without a reliable internet connection. G+D Filia brings offline capability Connectivity issues can present challenges for digital payment transactions, especially in rural areas. The

The European Payments Initiative (EPI) has launched its digital payment solution, wero, in Germany. This launch marks a significant milestone for the EPI, which aims to create a unified and secure payment ecosystem across Europe, reducing reliance on non-European payment providers.   EPI launches wero in Germany Wero is a digital wallet designed to facilitate