The Gulf banking sector is waking up to the benefits of digital transformation and fintech and exiting the sandbox. The $3.1bn acquisition of Dubai-based ride …
Third mega-deal as Global Payments snaps up TSYS June 7, 2019 Douglas Blakey Worldpay, First Data, and Global Payments deals reflect a globalisation trend in the payments industry
The payments market is becoming increasingly complex. Alternative payment tools are proliferating, and geographic markets are developing their own unique regulatory environments and unique mixes …
Banks missing PSD2 testing deadline could delay open banking success
Open banking has the potential to enable seamless payment services between consumers and service providers. However, a significant proportion of banks missed the PSD2 testing …
QR codes are suffocating the opportunity for payment cards in Asia
When QR code payments first surfaced in the global payment arena, no one really paid much attention. Based on barcode technology developed in the 1990s, …
Apple Card will not revolutionise the US credit card market
A lack of unique features means Apple Card is unlikely to be a success in the US credit card market. The Apple Card is a …
Mastercard Q1 2019: a blindingly good quarter
With growing payment and transactions volume, expanding margins, consensus-beating revenues and tight cost management, it’s a blinding Q1 for Mastercard. And you can add in …
Western Union goes digital in the Philippines
Western Union has integrated with mobile payment fintech Coins in the Philippines to allow its users to receive money from overseas directly to the Coins …
Japan is aggressively pushing for mobile payment adoption
For an advanced economy known for the swift technology adoption by its consumers, the Japanese still stubbornly prefer using cash when it comes to payments. …
Is a global mobile payment scheme taking shape?
When travellers want to make payments while overseas, traditionally cash in the destination’s local currency is used. But recent developments in Southeast Asia suggest mobile …
Eight million adults to struggle in a cashless UK
The UK is not ready to go cashless. Some 17% of the UK population – over 8 million adults – would struggle to cope in …