NFC World

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

The Soldo’s Spring Spend Index, reveals the extent to which businesses are rushing to invest in AI in a bid to usher in a new era of technology driven productivity. Based on Soldo’s data, since Q1 2023, AI investment has surged an astonishing 2.75x with companies spending 449% more on AI compared to the same

Mastercard has partnered with bunq to offer its 12.5 million users across Europe a complete overview of their finances. bunq first to leverage AI in Open Banking This  will be achieved by leveraging Mastercard’s Open Banking platform, which allows users to add accounts from any bank to their bunq app. With this integration, bunq users can

Boku has announced that it now supports BLIK, the instant payment system in Poland, as a payment method for Google Play Store. Boku connects Poland’s BLIK users into Google With this launch, BLIK’s 16.3 million active users will be able to use their preferred payment method when making purchases from the Google Play Store. BLIK

For the first time, crypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases, instead of the typically long and complex blockchain addresses. The live transaction capabilities are enabled on the Bit2Me, Lirium and Mercado Bitcoin exchanges, allowing them to enable blockchain transactions between Latin American and European

In the first of a series of articles powered by leading PayTech specialists G + D, we examine why getting the right product to market rapidly matters more than ever in a phygital world. Retail financial services is as tough today as it’s ever been – maybe more so. After a ten-year run of declining

A new survey of payment leaders reveals conflicted attitudes among Europeans on cross-border payment interoperability, highlighting the challenges firms face in integrating across multiple markets and systems. European payment leaders bullish The findings reveal that despite a majority reporting confidence in their firm’s cross-border payment capabilities, decision-makers face difficulties including lost business from a failure

At the recent annual Visa Payments Forum in San Francisco, Visa unveiled a suite of new products and services that will revolutionise the card and address the future needs of businesses, merchants and consumers and the financial institutions that serve them. Visa reinvents the card The way people pay and get paid has changed more