News from the IoT World

The global payments landscape is undergoing a seismic transformation as geopolitical tensions and technological advancements converge. The new era of cross-border payments With traditional systems like SWIFT under scrutiny for inefficiencies and geopolitical dependencies, emerging payment infrastructures such as multi-currency central bank digital currency (CBDC) platforms and tokenized ecosystems are reshaping the future of cross-border […]

In a ground breaking development for cybersecurity, researchers have unveiled the first-ever World Cybercrime Index, ranking countries by their contribution to global cybercrime threats. World’s first Cybercrime Index Published in the journal PLOS ONE, the Index identifies key hotspots of cybercriminal activity, offering valuable insights for governments, organisations, and cybersecurity professionals. The findings are stark:

In the swiftly changing world of international commerce, the importance of forming strategic partnerships to ensure easy, secure and inclusive payments for all consumers has never been more crucial. INGKA and Raiffeisen Bank International ERP system Aiming to jointly revolutionise payment processing across Central and Eastern Europe, INGKA group (the largest franchisee of the IKEA

Checkout.com has announced its expansion into Japan supported by new direct acquiring capabilities. This strategic move reflects Checkout.com’s continued commitment to localised payment solutions across APAC, designed to meet the evolving needs of both domestic and global merchants. Checkout.com expands to Japan To lead this expansion, Checkout.com has appointed Noriko Sasaki as Country Manager for

Traditional banks face challenges in modernising card issuing to keep up with new competitors. Card issuing in an age of fintech Fintech disruptors and evolving consumer preferences could affect existing revenue streams, prompting urgency in card modernisation. Legacy systems, regulatory constraints, and budget constraints hinder progress – could a CMS Gateway can bridge the gap

The NFC Forum’s 2024 Usage and Adoption Study, conducted by ABI Research, highlights the accelerating adoption of Near Field Communication (NFC) technology, cementing its position as the leading contactless payment solution. Shift from contactless card to device With over 80% of respondents using smartphones or smartwatches for payments, the study reveals a growing paradigm shift

The digital payments landscape in Europe is undergoing a seismic shift as banks prepare to implement SEPA Instant, the regulation mandating instant payments in euros across the Single European Payments Area. The push toward real-time financial transactions represents not just an infrastructural overhaul but a reimagining of how businesses and consumers interact with money. However,

Revolut needs no introductions these days, but it is setting its sights on redefining banking… yet again. Revolut bold vision 2025 With 50 million customers globally – 10 million in the UK alone – the fintech disruptor is poised for even greater heights. Following its landmark achievements in 2024, including a $45 billion valuation and

The European Payments Initiative (EPI) has officially launched Wero, a mobile wallet and instant account-to-account payment solution, in Belgium. Wero gains momentum with Belgium launch Following successful rollouts in Germany and France earlier this year, Wero is now available to customers of BNP Paribas Fortis, Belfius, ING, and CBS via their banking apps. With its

A new white paper from local payment specialist, Boku adds to an emerging consensus that, across the world, consumers are beginning to turn their backs on card-based payments and card-linked wallets. Instead, more and more payment volume is migrating to local payment methods (LPMs). According to analysis from Boku and Juniper Research, by 2028, card-based