NFC World

News from the NFC World journal

bunq first to leverage AI in Open Banking with Mastercard

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 […]

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Mastercard Crypto Credential goes live with P2P transaction

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

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Confidence Vs reality: European payment leaders bullish

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

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Visa and Mastercard settle $198 Million ATM antitrust case

Visa and Mastercard have agreed to pay $197.5 million in a preliminary settlement with ATM clients who accused the card processors of fixing the price of fees at ATM. Visa and Mastercard settle ATM case The settlement, which was filed by plaintiffs on 30th May and is subject to court approval, marks the end of litigation stretching back

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Pix: Latest update on Brazil’s leading instant payment scheme

Four years ago, the Brazilian Central Bank introduced an instant payment scheme called Pix, the initiative has experienced remarkable growth since its inception. To learn more about the latest updates, the European Payments Council conducted an interview with Carlos Eduardo Brandt, Head of Management and Operation for Pix, at the Brazilian Central Bank. Pix is

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What does the flexible working bill really mean for UK workers?

Does work location really matter anymore? While workers in the U.S. have been facing compulsory return to office (RTO) mandates or harsh professional penalties for remaining remote instead of going back to the office (Dell has stated anyone who works remotely will not be eligible for promotion going forward), UK employees aren’t suffering the same

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Navigating the next generation of digital wallets

Mobey Forum has published its latest report, ‘Beyond Payments: Navigating the Next Generation of Digital Wallets’. This comprehensive report, produced by the organisation’s Digital Wallet Expert Group, provides an in-depth analysis of the evolving landscape of digital wallets, offering strategic insights and recommendations for banks. In the ever-evolving landscape of digital finance, digital wallets have

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