NFC World

The rapid evolution of artificial intelligence (AI) has created a double-edged sword for e-commerce businesses. While AI-driven fraud prevention technologies continue to advance, fraudsters are also leveraging AI to launch more sophisticated and scalable attacks. According to the latest AI vs AI report from fraud prevention firm Ravelin, the majority of merchants are bracing for […]

Italy’s mobile payments market experienced a substantial expansion in 2024, reflecting a broader consumer transition toward digital-first transaction methods. Mobile payments in Italy rise 61% PayTech leader Nexi emerged as a key driver of this shift, registering a 61% year-over-year surge in mobile payment volumes. This performance significantly exceeded the sector-wide growth rate of 53%,

The 10th edition of the Worldpay Global Payments Report (GPR) reveals a global transformation in payments. In just a decade, innovation such as digital wallets, buy now pay later (BNPL) and real-time account-to-account (A2A) technology has revolutionised the way consumers pay. Spending through digital payment methods* in e-commerce and in-person shopping grew from $1.7 trillion in 2014

The payments sector is undergoing significant consolidation, with a marked increase in merger and acquisition (M&A) activity. M&A begins to accelerate in payments As economic and regulatory pressures intensify, as well as the access to readily available finance, firms are strategically positioning themselves for long-term sustainability through acquisitions or potential sales. Industry players such as

The emergence of Buy Now, Pay Later (BNPL) services has redefined credit accessibility, allowing consumers to split payments into manageable instalments, with flexible payment solutions playing a critical role in consumer purchasing decisions. Among the dominant BNPL providers, Klarna, PayPal and Afterpay have cemented their positions, each focusing on distinct market segments and geographic strongholds.

The digital payments sector in Latin America is experiencing digital-first financial institutions increasingly dominating online card transactions. Nowhere is this shift more pronounced than in Brazil, where 41% of online credit card transactions originate from digital issuers. This trend reflects the growing influence of fintechs and neobanks in reshaping consumer payment behaviours and redefining the

The European Central Bank (ECB) is actively advancing the preparatory phase of its proposed digital euro, slated for completion by October 2025. Digital euro is now a greater imperative than ever However, recent developments have intensified scrutiny from policymakers and financial experts regarding the feasibility of such an initiative. The prolonged operational failure of the

Southeast Asia (SEA) is rapidly cementing its position as a global leader in digital commerce, with its e-commerce market projected to skyrocket to $325 billion by 2028. This surge is largely driven by the explosive adoption of digital payments and increasing regional interoperability, paving the way for unprecedented growth in cross-border trade. The latest IDC

In a landmark decision aimed at reducing regulatory complexity, Prime Minister Sir Keir Starmer has announced the abolition of the Payment Systems Regulator (PSR). UK abolishes the Payment Systems Regulator The move is part of a broader effort to streamline oversight and promote economic growth by consolidating the PSR’s functions under the Financial Conduct Authority

In a stark reminder of the growing sophistication of financial scams, newly released data from the Federal Trade Commission (FTC) reveal that consumers reported losses totalling $12.5 billion to fraud in 2024 – a 25% increase from the previous year. Consumer losses to fraud soar to $12.5 billion The surge underscores an alarming trend: while