[ad_1] A new study has found that the total value of mobile money transactions in emerging markets will reach $2 trillion by 2027, an increase of over $500 billion from 2023. Growing at 33%, the market is being driven by the transition to PaaP (Payments-as-a-Platform), a model which allows third parties to deliver products via […]
Mobile money transactions to exceed $2 trillion in emerging market Read More »
[ad_1] Stop Scams UK, a cross industry group of banks, telecoms providers and technology companies is launching a trial to gather intelligence on scammers in an effort to tackle the most common type of crime in England and Wales. Cross industry groups combine to fight scammers Stop Scams UK aims to launch its pilot scheme
Cross industry groups combine to fight scammer epidemic Read More »
[ad_1] Despite government backing of domestic schemes in some markets, cards are increasingly being co-branded with international card schemes due to customer desire for maximum acceptance, rewards and other benefits. This is one of the findings from a new report which shows that spending on payment cards continues to grow strongly as the impact of
Increase in co-branding driving growth in card schemes Read More »
[ad_1] New data from The Global Payments Report 2023 by Worldpay from FIS reveals rapid changes in how consumers in the United Arab Emirates (UAE) are paying for goods and services. For some time, the UAE has been one of the most dynamic markets in the Middle East, with a strong preference for mobile e-commerce
RTP and BNPL take centre stage as e-commerce rises Read More »
KEY TAKEAWAYS The payments and credit industry has been changing rapidly. New solutions on the market bring about new benefits for consumers as well as new responsibilities for regulators and payment services providers to ensure that consumers correctly understand new payment services’ features, benefits and risks. With this in mind, Payments Europe supports the European
Payment Europe’s Position on the Review of the Consumer Credit Directive Read More »
[ad_1] The UK’s fraud reporting agency, Action Fraud, says cryptocurrency fraud has surpassed £300 million in 2022, an increase of more than 40%. Law firms said the data, provided by Action Fraud, reflected the scale of cyber crime and the high-profile collapse of crypto exchange FTX last year that triggered a wave of losses among
UK cryptocurrency fraud has surpassed £300 million in 2022 Read More »
Agreement extends to 13 banks in 12 markets across all card products, totaling 20 mln cards UniCredit and Mastercard announce a global expansion of their payment partnership. “This partnership epitomizes the essence of UniCredit Unlocked and our commitment to leverage the full impact of our multi market footprint as one complete offering for the benefit
UniCredit and Mastercard Expand Payments Partnership Read More »
The new alliance represents a key pillar of growth for JCB’s acceptance network, enabling merchants to tap into the spending power of its 150 million cardmembers world-wide JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., announced its partnership with global financial technology company SumUp, to enable acceptance of JCB Cards across
The partnership will enable employers to complete salary payments instantly to remote workers and contractors around the globe Paysend, the global card-to-card transfers pioneer and global payments platform, is announcing a new partnership with global payroll platform Ontop, enabling employers to make faster and more cost-effective salary payments to workers and contractors. Paysend will power
xSuite Invoice is the only AP automation software solution available on the SAP Business Technology Platform xSuite, the specialist for accounts payable invoice automation, announced the launch of a new component to its AP automation software, xSuite Invoice. The new component runs on the SAP Business Technology Platform, suitable for SAP customers using the SAP S/4HANA
