NFC World

With more than one in three UK adults now registered for some kind of mobile payments service according to UK finance, experts predict we’re going to see growing numbers of transactions through the mobile channel – with knock-on implications for security, settlement and other aspects of payments. When it comes to transaction execution and security, […]

A new Retail Banking Report explores financial institutions’ (FIs) strategies for meeting customer demand, and uncovers that the majority (75%) are struggling to take advantage of new payment offerings and stronger cybersecurity because their core systems haven’t been modernised. However, 75% of organisations believe they offer a good user experience, have strong data management practices

The Economist Intelligence Unit says[1] Asia’s instant payment schemes are linking up to create faster economic growth for economies across the region, with some European markets following suit. Download the new white paper from RS2 to learn how instant payments will dominate the 2030s, and why banks around the world need to get ready now.

Viva.com and BANCOMAT have announced a strategic partnership for Viva.com to enable its Italian merchant network to accept PagoBANCOMAT, shortly followed by BANCOMAT Pay.      Viva.com partners with BANCOMAT Future plans include strategic expansion of reach beyond current borders, to offer merchants all over Europe the opportunity to proactively cater to international customers by

Jamie Smith, commenting on Vitalik Buterin’s “proof of personhood” discussions (which serve to highlight the central importance of digital identity in the new economy), notes that innovation is “so often about combining two existing ideas together in a new way”. The smart ecosystem: Smart and smarter wallets He cites the combination of digital wallets and

Adyen has published new research revealing the billions the global retail sector lost to payments fraud and fraudulent activity. Global retail sector lost $429 billion to payments fraud Working alongside the Centre for Economic Business and Research (Cebr), Adyen found that the retail sector lost $429 billion to payments fraud in 2023. On average, enterprises

For UK e-commerce companies, ignoring website accessibility is an increasingly costly gamble. Web accessibility lawsuits pose threat to e-commerce Even if you can merely ship or sell products into the United States, you could be on the hook for expensive legal action under the Americans with Disabilities Act (ADA). The ADA became law in 1990. The

The Bank for International Settlements (BIS) together with seven central banks has announced plans to join forces with the private sector to explore how tokenisation can enhance the functioning of the monetary system with particular focus on cross-border payments. Major project to tokenise cross-border payments Project Agorá (Greek for “marketplace”) brings together seven central banks: Bank of

TSG (The Strawhecker Group), an analytics and intelligence firm in the payments industry, has worked with payments companies to compile the industry’s most comprehensive resource on merchant acquirers. Collectively, the companies highlighted process over 95% of all card payment volume in the US. Looking at the top-ranked companies, JPMorgan Chase & Co. ranks first for

Just weeks after reaching a landmark $30 billion settlement on interchange fees designed to provide relief to retail businesses, Mastercard appears to be planning to increase certain credit card fees beginning April 15. Mastercard to raise Acquirer Brand Volume fees Mastercard plans to increase its Acquirer Brand Volume Fee – which applies to all credit,