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Yesterday, industry body The Payments Association called on the incoming head of the Payments Systems Regulator (PSR) to delay activating new APP fraud regulations around reimbursements. New regulation on APP fraud will come into play The association highlighted the community’s concerns and proposed actions: principally a 12-month postponement of the full implementation of authorised push […]

Its that time of year again when Apple announces to its hoard of beloved fans what’s new with its products and much vaunted iOS at the WWDC 2024 event. The two clear areas of interest for us in the payments are the enhancement to Apple Pay and Apple’s surprisingly slow uptake on AI. Tap to

A new industry coalition will be formed to fight economic crime through enhanced verification, the Centre for Finance, Innovation and Technology (CFIT) has announced. The coalition aims to bring together experts from a broad range of fields including finance, technology, policy, academia and others, to devise solutions for detecting fraud, protecting SMEs and bolstering defences

To say that artificial intelligence (AI) is the current hot ticket would be an understatement. The technology has become so pervasive so quickly it even managed to dominate many of the stages at the recent Money 20/20 show in Amsterdam. European banks worry about control over AI However, as with all things tech, it is

In the second article for our series about the phygital economy powered by leading PayTech specialists G+D, we argue growth alone is not enough – outpacing fraud and fraudsters’ ingenuity is also essential. The structure of the global payments economy is changing as a new phygital world emerges. According to Worldpay’s Global Payments Report 2024[1], online

In a world where every tap, swipe, and click seems to enable the seamless transfer of funds, a new player has emerged on the payment scene. Request to Pay traction in Europe Poised to shake things up in Europe, Request to Pay (RTP) is a digital nudge, a polite yet firm reminder that it’s time

payabl. announced the integration of four major local payment methods in Latin America – PIX, Boleto, OXXO and SPEI – to its portfolio of local payment methods, significantly enhancing coverage across the region. Latin America represents a significant growth opportunity for digital payments. According to the Beyond Borders report, the region’s digital economy is expected to

New regulations from the European Council this year have been introduced to support instant payments for consumers and businesses alike across the European Union (EU) and European Economy Area (EEA). Regulation key for growth in instant payments The development comes after payment and financial crime service provider RedCompass Labs highlighted that banks and payment services

OpenPayd announced over 100% growth for a second consecutive year as it reached profitability and generated over €40 million ARR. OpenPayd’s embedded finance research reinforces that three quarters of all digital businesses across both the UK and Europe will launch embedded finance solutions in the next five years, with market revenues expected to hit over

At Money 2020 Europe, Visa announced a significant milestone achieved by its tokenisation technology. Global e-commerce driven by tokenisation The company revealed that Visa tokens have generated more than $40 billion1 in incremental e-commerce revenue for businesses globally and saved $650 million2 in fraud in the last year. Visa also announced it has issued more than