As Czechia strides towards 2025, its payments landscape is marked by significant shifts and advancements. The convergence of traditional banking systems with innovative digital solutions is driving a new era of convenience and security for consumers and businesses alike. Market Overview The Czech payments market has seen a robust increase in the use of card […]

The US Faster Payments Council (FPC), a membership organisation for advancing safe, easy-to-use faster payments in the US, has released the 2024 US Instant Payments Adoption Quantitative Study. This first-of-its-kind survey, conducted between July and August 2024, involved third-party enablers – such as payment processors, gateways, and digital vendors – who collectively serve over 90%

The gaming industry is experiencing a rapid transformation, with digital wallets playing a pivotal role in driving payment change. Digital wallets are changing gaming As more gamers demand seamless, quick, and secure payment options, the adoption of digital wallets has surged, significantly influencing how payments are processed, especially in the online casino world. These wallets

The European Commission’s payments landscape is evolving once again with the introduction of PSD3 (Payments Services Directive 3) and the new Payments Services Regulation (PSR). PSD3 and PSR: The future payments landscape Building on the foundation of PSD2, these initiatives aim to foster innovation, enhance security, and provide more opportunities for non-bank players in the

Meta has announced the expansion of its Fraud Intelligence Reciprocal Exchange (FIRE), a collaborative information-sharing initiative designed to combat fraud. Meta expands FIRE fraud partnership Through this program, banks can share intelligence directly with Meta, which the tech giant can then use to identify and take down scam accounts on its platforms. This initiative marks

I can remember, some years ago, watching a YouTube video that a guy had recorded while he was playing World of Warcraft, the massively multiplayer online role playing (MMORG). Fraud is out of control As the game progressed, he gradually began to realise that he was the only human player and that all of the

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