NFC World

News from the NFC World journal

Australia urges reform of payments regulations amid digital surge

Australia’s banking sector is pushing for urgent legislative reform to modernise the country’s payments regulations framework, as digital transactions, particularly mobile wallet payments, soar. With Australians making over 500 million mobile payments monthly, totalling more than $20 billion, industry leaders argue that outdated regulations must be updated to reflect the current payments ecosystem. The Payment

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Merchants prioritise digital transformation – Payments at forefront

Payment technology is no longer just a back-office function – it has become a key strategic driver for business growth, security and customer experience. Merchants prioritise digital transformation New research from PXP and Censuswide highlights that 64% of UK and US merchants now view payment systems as a competitive differentiator rather than just an operational

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The rise of Pay by Bank – understanding remains fragmented

The landscape of digital payments is evolving rapidly, and one of the most promising innovations is ‘Pay by Bank’, a term referring to instant account-to-account (A2A) payments powered by Open Banking. According to the newly released Yaspa Index 2025, familiarity with this payment method is growing, but consumer understanding remains fragmented. With over 2,000 UK

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Zelle surpasses $1 trillion in transactions

Zelle, the US peer-to-peer (P2P) payments network, has announced a record-breaking $1 trillion in transactions processed in 2024, marking a 27% year-over-year increase. Zelle surpasses $1 trillion in transactions With a total of 3.6 billion transactions, Zelle continues to redefine the landscape of instant payments in the US. Its adoption has accelerated across both consumer

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Online security: What students should know before shopping online

Shopping online is quick and convenient. You can buy textbooks, clothes and services with just a few clicks. What students should know before shopping online But with every online transaction, you share your payment details, which can put your money and personal information at risk. Scammers, hackers, and fake websites are out there, waiting for

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Klarna and J.P. Morgan Payments partner to expand BNPL

Klarna has partnered with J.P. Morgan Payments to integrate its BNPL payment solutions into one of the world’s largest merchant payment platforms. Klarna and J.P. Morgan partner on BNPL This agreement will enable businesses relying on J.P. Morgan Payments to offer Klarna’s BNPL services, expanding payment flexibility for consumers while driving revenue growth for merchants.

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Worldline and DNB Bank partner on real-time payments in Norway

Worldline has announced a strategic partnership with DNB Bank ASA, Norway’s largest financial institution, to enhance real-time payment infrastructure using Swift Instant Connectivity to TIPS (TARGET Instant Payment Settlement). Real-Time Payments in Norway This collaboration aims to strengthen DNB’s ability to process seamless, secure, and real-time payments for its customers, aligning with the EU Instant

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