A new white paper from INFORM argues that banks should see the impending instant payments mandate from the EU in December 2024 not as a regulatory requirement, but as an opportunity for change and improvement. Instant payments are a financial services phenomenon. Already accounting for more than 40% of all payments by value in Asia[1], instant […]

As digital payments increasingly take centre stage, the Nordics have emerged as global leaders in cashless transactions, showcasing how businesses and consumers alike can adapt to rapid technological advancements. According to the Nordic Payment Report 2024, the payment landscape in the region is evolving, fuelled by a combination of consumer demand for convenience and business

A new report from Worldpay explores how today’s consumers want to pay – and the steps retailers should take to drive higher revenue, more conversions and a better customer experience. Worldpay’s Retail Payments Performance Report 2024 reveals that shoppers world-wide prioritise convenience and an impeccable user experience – regardless of the channel they’re using. 51% of

On the same day that Apple and Klarna inked a deal to integrate BNPL, the UK government has announced new regulations aimed at protecting millions of Buy-Now, Pay-Later (BNPL) users, ensuring greater transparency and affordability. UK introduce new BNPL regulations Eligible Apple Pay users in the US and UK will have first access to Klarna’s 

Worldline has launched its A2A payment (account-to-account) solution, “Bank Transfer by Worldline.” Worldline launches A2A payments in Europe This new payment method allows businesses to handle high-value transactions, offering merchants across Europe a secure and efficient way to accept payments while expanding payment options for customers. The solution, now available in 10 countries, will be

A new global study has highlighted the profound impact that Generation Alpha (children aged 8-15) is having on household spending and the digital economy. The research, by Checkout.com, conducted across the UK, US, UAE, and China, reveals that Generation Alpha is not only shaping purchasing decisions within their households but also actively participating in the

Our first article in this series established the huge growth today in global instant payments both domestically and across borders. Below, we examine the challenges this creates for banks struggling to keep pace with change while remaining compliant with increasing regulation. Instant payments are popular with consumers and businesses alike because they enable the faster

Ripple has officially launched RLUSD, a stablecoin pegged to the US dollar – a bold entry into the increasingly competitive stablecoin market. Ripple launches stablecoin RLUSD The play seeks to challenge dominant players like Tether and USD Coin (USDC). RLUSD is positioned as a stable and reliable digital asset, designed to unlock new use cases

ClearBank has revealed troubling findings in its latest report, “How well are fintechs served by banks? The state of agency banking across the UK and Europe.” The research, which surveyed fintechs from various European countries including the UK, Germany, and Lithuania, paints a worrying picture for agency banks, with fintechs showing increasing indifference and dissatisfaction

In a move that signals the future of cross-border payments security, Swift is set to launch an AI-driven anomaly detection service to combat financial crime more effectively. Swift introduces AI-powered fraud detection Beginning in January 2025, the service will help banks worldwide proactively detect suspicious transactions in real-time, building on Swift’s Payment Controls Service, already