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A new white paper from Nexi Group says that as fraudsters professionalise and adopt sophisticated AI-led techniques, banks and fintechs need to fight back. How to fight fraud’s new industrial revolution Launched today, Nexi’s Fighting the new industrial revolution in fraud points out that the so-called “fourth industrial revolution” in computing isn’t just helping legitimate firms, […]

A new white paper from global payments technology experts RS2 shows how instant payments are set to dominate by 2030 – the year in which it’s predicted one in three transactions will be instant. Read the RS2 white paper to find out what this means for banks in terms of new risks, challenges to IT systems, payment acceptance and

Hot on the heels of DECTA’s recent announcement, Banking Circle has announced the launch of EURI, a bank-backed stablecoin, compliant with the Markets in Crypto Assets Regulation (MiCA). Banking Circle launches stablecoin, EURI The launch of EURI follows the implementation of the first phase of the MiCA regulation which applies to asset referenced tokens and

Mobile payments have rapidly become a cornerstone of digital transactions. With the proliferation of smartphones and the growth of online services, mobile payment systems are revolutionising how we handle money. The future of mobile payments This article explores the latest trends and innovations in mobile payments and how they are shaping the future of financial

In the first half of the year, BLIK continued to experience significant growth in transaction volume. At the end of June 2024, there were 30.3 million mobile apps registered in the system. Nearly 17 million users actively used BLIK, representing an increase of 10% and 20%, respectively, compared to the previous year. During just six

PayPal is preparing to capitalise on Apple’s recent decision to open up its NFC capabilities to third-party developers in the European Union.      PayPal to challenge Apple Wallet This move could allow PayPal to develop its own mobile wallet for EU users, potentially positioning itself as a direct competitor to Apple Wallet. Apple’s decision

The UK’s Buy Now Pay Later (BNPL) market is poised for substantial growth, with payments expected to reach $34.28 billion in 2024, marking a 15% increase from the previous year. UK Buy Now Pay Later market set for growth The BNPL industry is anticipated to maintain strong momentum over the medium to long term, with

In a rapidly changing financial landscape, systemic banks like Banque Internationale à Luxembourg (BIL) are embracing comprehensive core banking transformations to stay competitive. Transforming core banking for future growth At the Temenos Community Forum 2024, Mick Fennell of Temenos and Serge Munten of BIL discussed their recent overhaul of the bank’s IT infrastructure. The project

The key message for merchants all over the world is that one size does not fit all. There is a strong imperative for e-commerce businesses large and small, to organise themselves to be able to accept a whole host of local payment methods and services, to ascertain which suit their customer-base best, and to be

France based Next Generation, and Irish EMI, DECTA have entered into discussions to explore the opportunity for the issuance of a Euro-pegged stablecoin (EURT) in compliance with applicable regulatory requirements including MiCAR. Pan-European euro-pegged stablecoin The flourishing digital asset market which is now subject to the MiCAR regulatory environment in the EU provides an exceptional