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Revolut is introducing dedicated crypto payment cards. These virtual cards allow users to spend their cryptocurrency on everything from large purchases to everyday essentials, like coffee or a daily commute, making it easier than ever to integrate crypto into routine spending. Revolut introduces crypto payment cards The new virtual crypto cards, available through the Revolut […]

In a surprising turn of events, MoneyGram services have been abruptly discontinued across thousands of UK Post Office branches, following a failed contract renewal negotiation. MoneyGram and Post Office split The decision comes on the heels of a significant cybersecurity incident at MoneyGram, which disrupted services worldwide, leading to the end of its long-standing partnership

The Banco Central do Brasil (BCB) is on the brink of revolutionising its financial landscape with the anticipated launch of its own central bank digital currency (CBDC), Drex. Brazil’s central bank advances Drex CBDC Designed to complement traditional fiat currency, Drex aims to streamline large-scale financial transactions, reduce operational costs, increase financial inclusion, and enhance

Since the world went digital the value of data has been unprecedented, and as businesses race to adopt the latest tech to optimise and monetise their data it is set to increase in value at an exponential rate. Responsible cloud migration However, whilst data is widely regarded as an organisation’s main asset, data accountability is

Ecommpay has extended its partnership with Token.io adding virtual accounts in four new markets — the Netherlands, Spain, France and Ireland. Ecommpay extends Open Banking payments Ecommpay Open Banking Advanced, delivers cash-flow and customer experience benefits for e-commerce businesses. With the A2A payment market forecast[1] to grow significantly, Ecommpay says it is committed to delivering

In a significant shift within the payments industry, Fiserv and Wells Fargo are preparing to conclude their long-standing acquiring joint venture, Wells Fargo Merchant Services (WFMS). Fiserv and Wells Fargo end acquiring JV Initiated in 2019 following Fiserv’s acquisition of First Data, this partnership was designed to harness Wells Fargo’s vast customer base and sales

Nominations are now open for The Payments Power 50 2025, the new annual guide showcasing the most influential and innovative companies, along with visionary leaders shaping the future of the Payments industry. The Payments Power 50 In its inaugural year, the annual programme will recognise 40 trailblazing companies and 10 of the world’s leading Payments

Kearney has released the latest data from its annual European Retail Banking Radar, finding that more than two-thirds (73%) of European bank clients have kept their primary account at the same institution for five years or longer. According to Kearney, over half of Europeans (55%) still bank with one institution, with this figure as high

The European Banking Authority (EBA) and the European Central Bank (ECB) have jointly published the 2024 Report on Payment Fraud, providing a critical analysis of data from the European Economic Area (EEA). The report offers a comprehensive overview of fraud levels across credit transfers, card payments, direct debits, cash withdrawals, and e-money transactions. It also

Retail banking is in various degrees of flux yet it is becoming clear that payments have fast become the differentiating factor for success. While much of the noise around modern service offerings centre around the customer experience – and rightly so – it is helpful to define what exactly constitutes good customer experience. Open Banking-based