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 * Department of Justice widens antitrust probe to include Mastercard
 * Fraud Report: Over £1.2 billion stolen in UK in 2022
 * Apple Savings account draws close to $1 billion in deposits
 * Department of Justice widens antitrust probe to include Mastercard
 * Fraud Report: Over £1.2 billion stolen in UK in 2022

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MAR/APR 2023

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DAILY INSIGHTS

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DAILY NEWS

ALL NEWS
News


MOBILE MONEY TRANSACTIONS TO EXCEED $2 TRILLION IN EMERGING MARKETS

25 May 23 @ 12:57

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.... read more

News


ABA: STABLECOIN ISSUERS SHOULD BE REGULATED LIKE BANKS

25 May 23 @ 12:38

Stablecoin issuance is a monetary exercise comparable to what regulated banks do
and should be supervised accordingly to ensure financial stability and consumer
protection. This is according to the American... read more

News


WIDESPREAD ADOPTION DRIVES GLOBAL REAL-TIME PAYMENTS GROWTH

24 May 23 @ 16:14

New sophisticated use cases for consumers and businesses are driving global
Real-Time Payments (RTP) volumes to record highs, with 195.0 billion RTP
transactions recorded globally in 2022 — a YoY... read more

News


CROSS INDUSTRY GROUPS COMBINE TO FIGHT SCAMMER EPIDEMIC

24 May 23 @ 09:13

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... read more


News


INCREASE IN CO-BRANDING DRIVING GROWTH IN INTERNATIONAL CARD SCHEMES

23 May 23 @ 15:29

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... read more

News


NEW LAWS WILL BE REQUIRED FOR DIGITAL POUND TO BE POSSIBLE

23 May 23 @ 14:45

New laws or considerable amendments to existing finance and data rules will be
required if the UK economy is to be fit to accommodate a digital pound, two
lawyers told... read more

News


CHECKOUT.COM FIRST TO SECURE ACQUIRING LICENCE FROM THE UAE CENTRAL BANK

23 May 23 @ 09:03

Checkout.com has been granted a Retail Payment Services licence from the Central
Bank of the United Arab Emirates. This makes Checkout.com the first global
payments provider to be granted an... read more

News


THE AFRICAN BANKING DIGITAL TRANSFORMATION REPORT

22 May 23 @ 17:27

African banks remain resilient and committed to digitization to remain relevant
in today’s competitive landscape. As competition heats up between the different
players, AI is identified as key technological trend... read more

News


GLOBAL BANKS TURN TO FINTECH PARTNERSHIPS

22 May 23 @ 15:11

A Finastra survey, produced in collaboration with East & Partners, indicates
that banks are investing heavily in fintech partnerships and digitalization to
help them adapt to customer and regulatory demands.... read more

News


TIETOEVRY BANKING LAUNCHING TAP ON PHONE IN EUROPE

22 May 23 @ 09:17

Tietoevry Banking has launched Tap on Phone – now available for partners and
clients across Europe. This innovative solution allows merchants to accept
payments from any contactless card or mobile... read more

News


REPORT OFFERS FI’S INSIGHT INTO INSTANT PAYMENT MONETISATION

19 May 23 @ 11:34

Matera has released a special report detailing adoption of Brazil’s highly
successful Pix system of instant payments. Pix by the Numbers provides key
insights for US and other markets financial institutions... read more

News


WESTPAC ONE OF FIRST BANKS TO ROLL OUT TAP TO PAY ON IPHONE

19 May 23 @ 11:00

Australia’s Westpac says it will enable Apple’s Tap to Pay on iPhone contactless
payment technology for business customers. Tap to Pay on iPhone accepts all
contactless payments, including Apple Pay,... read more

News


HONG KONG MONETARY AUTHORITY ANNOUNCES TRIAL OF E-HKD CBDC

18 May 23 @ 15:47

The Hong Kong Monetary Authority (HKMA) has announced a trial of its CBDC, the
e-HKD, allowing the public to be able to shop, dine out and make money transfers
with... read more

News


E-COMMERCE GROWTH ROBUST AFTER THE PANDEMIC – NEW OPPORTUNITIES EMERGE

18 May 23 @ 11:26

The 2023 version of The Global Payments Report by Worldpay from FIS shows a
world continuing to favour digital channels for shopping and commercial activity
of all kinds. In the... read more

News


70% OF EUROPEAN BANKS TO INCREASE INVESTMENT IN FINTECH

18 May 23 @ 11:00

CCgroup has launched research findings from “How to influence fintech buyers”,
based on a survey of major banks and fintechs across five European markets. The
report reveals that, despite the fintech and... read more

News


VISA INTRODUCE DIGITAL AUTHENTICATION FRAMEWORK (DAF) PROGRAM

16 May 23 @ 16:53

Visa is introducing a new program called Digital Authentication Framework (DAF)
which seeks to improve security and enhance the frictionless capabilities of
3DSecure Transactions. How Digital Authentication Framework works When... read
more

News


HOW ISSUERS CAN MAKE SCA SMOOTHER WITH WEARABLE TECH

16 May 23 @ 15:52

Consult Hyperion, has published a whitepaper that outlines the huge potential of
wearable tech as a tool to securely authenticate consumers, and create much
smoother contactless payment journeys in a... read more

News


CITI RETAIL SERVICES EXPANDS EMBEDDED PAYMENT WITH CITI PAY

16 May 23 @ 14:53

Citi Retail Services is expanding its embedded payments strategy with its suite
of Citi Pay products. According to a recent Citi study, 85% of Americans
surveyed agree that retailers need... read more

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Global Payments - Coventry
Fraud Analyst Evergreen
Coalition - Cleveland
Vice President of Operations
Barclays - London
Head of Finance and Business Management (F&BM) for Markets COO
Ripple - London
Senior Manager, Quantitative Trader
Burberry - London
Engineering Manager (JavaScript/React)



TRENDING

Fraud Report: Over £1.2 billion stolen in UK in 2022

11 May 23 @ 12:58

UK Finance has releases its Annual Fraud Report, detailing the amount reported
by UK Finance members, of money stolen by criminals through financial fraud in
20... more

Apple Savings account draws close to $1 billion in deposits

04 May 23 @ 09:18

According to polling company Gallup’s annual “Confidence in Institutions”
survey, last year, prior to SVB, only 27% of Americans reported to have a
“gre... more

Department of Justice widens antitrust probe to include Mastercard

28 Apr 23 @ 16:23

Mastercard has announced that the US Justice Department (DOJ) is conducting an
antitrust investigation of its US debit program and competition with other
paymen... more


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