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X progresses towards becoming a Super App with Payment button

Elon Musk’s ambitious vision for X as a Super App is steadily materialising. X progresses towards becoming a Super App Recent developments indicate that X is close to launching its own payment system, marking a significant step towards integrating financial services into the social media platform. According to app researcher Nima Owji, X is working […]

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Global Payments Report: prepaid card spend to hit $1 trillion

The Global Payments Report 2024 from Worldpay shows that transaction value on prepaid cards is set to surpass $1 trillion in 2024. As one of the most flexible payment forms currently available, prepaid cards offer a wide range of use cases, from private-label gift cards or general-purpose reloadable cards through to direct deposit payroll cards

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Modernising payments: The path to a digital economy

The UK’s payments landscape has transformed significantly over the years, evolving from cheques to real-time settlements through smartphones. The path to a digital economy While these advances have made transactions safer and more efficient, there’s still room for improvement, especially when looking at innovative practices in countries like India, Brazil, and Sweden. In these nations,

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The evolution of the commercial payments market

At EBAday 2024, Wim Grosemans, Global Head of Product Management Payments and Receivables at BNP Paribas, provided insights into the evolving commercial payments market. The evolution of the commercial payments market The discussion highlighted the significant transformations in payment infrastructure, driven by regulatory demands and technological advancements. Key Drivers of Change Instant Payments and ISO

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E-commerce in Europe: A detailed analysis of trends

The “E-commerce Report 2023 – Europe” by Nets, provides an insightful analysis of the evolving e-commerce landscape across the Nordic, DACH (Austria, Germany, Switzerland), and CSEE (Croatia, Greece) regions. Based on extensive research conducted by Kantar, involving 18,680 internet users aged 18-79, the report sheds light on the key trends, spending patterns, and consumer preferences

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New fraud types are emerging linked to instant payments

As instant payments experience rapid growth around the world a new white paper from global payment technology experts RS2  says banks must prepare for new kinds of fraud linked to card-based payments such as synthetic ID fraud, in which fake accounts are created using stolen identities, and Account Takeover, in which login details are compromised

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The UK payments landscape – A detailed analysis

According to the latest Digital & Card Payment Yearbooks,  in recent years, the UK payments landscape has undergone a dramatic transformation, driven by technological advancements and changing consumer behaviours. The introduction of the Faster Payments service, the rise of mobile and contactless payments, and the implementation of the revised Payment Services Directive (PSD2) have all

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The growing importance of payment security in the digital age

In today’s increasingly digital world, the importance of payment security has never been more critical. With the exponential growth of online transactions and the rise of sophisticated cyber threats, businesses and consumers alike are prioritizing secure payment solutions. According to a recent report by Global Market Insights, the payment security market was valued at $23.4

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