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South Africa's consumer appetite for digital payments takes off, Mastercard study finds

News | Mobile Payments | 07 May 2021

Mastercard has come out with a new study that highlights South Africa’s consumer appetite for digital payments and the rising adoption of new payment technologies.

Mastercard, study, contactless payments, payment methods, QR code, digital payments, COVID-19

COVID-19 triggers changes in payment behaviour among 86 percent of consumers, Paysafe reveals

News | Online Payments | 07 May 2021

Paysafe has released a research that shows that almost 60% of Europeans and North Americans tried a new payment method in the last 12 months.

Paysafe, study, research, report, payment methods, COVID-19

Report analyses the impact of COVID-19 on ecommerce and retail

News | Payments General | 05 May 2021

PXP Financial, a global expert in payments and acquiring, has performed a research to find the effects COVID-19 has had on retail across several European countries.

research, COVID-19, cashless, payment methods, mobile payments, contactless payments

UK retail sales rise above seasonal norms in April for first time in 2021, survey finds

News | Ecommerce | 03 May 2021

CBI has rolled out its latest monthly Distributive Trades Survey showing that in April retail sales volumes in UK were viewed as good for the first time in 2021 and to the greatest extent since June 2018.

survey, retail, COVID-19

Mobile payment innovation to boost business travel payments, finds new study

News | Mobile Payments | 29 Apr 2021

Real-time information and contactless payments are top traveller requirements, according to a new report released by Amadeus.

Amadeus, study, contactless payments, travel payments, COVID-19

Interview with De Nederlandsche Bank (DNB) on the impact of COVID-19 on payments

Interviews | Payments General | 29 Apr 2021

The crisis created by the COVID-19 pandemic has led to a global recession and it is dramatically changing consumers’ payment habits

DNB, survey, digital payments, COVID-19, central bank, research, contactless payments, digital euro, CBDC, banks

Financial institutions experience significant spike in threats linked to COVID-19

News | Digital Identity, Security & Online Fraud | 28 Apr 2021

Financial institutions have reported significantly increased threat levels from COVID-related cybercrime according to new research by BAE Systems Applied Intelligence, the cyber and intelligence arm of BAE Systems.

data sharing, fraud prevention, cybercrime, financial institutions, COVID-19, digital identity

South Africa-based Barko goes live on Temenos SaaS

News | Online & Mobile Banking | 28 Apr 2021

Banking software company Temenos has announced that microfinance institution Barko Financial Services (BFS) has gone live on Temenos Software-as-a-Service, according to the official press release.

partnership, COVID-19, digital banking

The Paypers launches the Financial Crime and Fraud Report 2021

News | Digital Identity, Security & Online Fraud | 27 Apr 2021

The Paypers has launched the Financial Crime and Fraud Report 2021, a picture of what is currently happening in fraud management, digital onboarding, and financial crime in financial services.

report, financial crime, digital identity, fraud management, digital onboarding, KYC, KYB, COVID-19

Benefits and risks of CBDCs - Interview with Payments Canada

Interviews | Cryptocurrencies | 27 Apr 2021

The Paypers sat with Cyrielle Chiron, Payments Canada to unveil some key takeaways from Wholesale and Retail Central Bank Digital Currencies event organised by Open Banking Expo

CBDC, Open Banking , retail, pandemic, COVID-19, digital payments, contactless payments, central bank, regulation

Gaming, fraud and chargebacks - how to tackle pandemic challenges with automation

Voice of the Industry | Online Payments | 21 Apr 2021

Devin Kleu of Ciklum explains how payment providers can harness the power of intelligent automation to cope with the exponentially increasing demands and challenges that have surfaced - or been accelerated - during the pandemic

fraud management, chargebacks, pandemic, digital payments, cashless, payment methods, COVID-19, cross-border payments, machine learning, artificial intelligence

Goode Intelligence, ID RnD announce 2021 biometric survey results

News | Digital Identity, Security & Online Fraud | 19 Apr 2021

Identity, authentication, and biometrics research company Goode Intelligence and ID R&D have announced the results of The Biometric Survey 2021. 

partnership, survey, digital identity, biometrics, COVID-19

Talking new fraud techniques and emerging threats in the payments and commerce space

Interviews | Digital Identity, Security & Online Fraud | 19 Apr 2021

We sat down with Kevin Lee, Trust and Safety Architect at Sift, and he revealed for us the best practices for merchants to proactively prevent payment fraud, scale operations, and catalyse growth

merchants, Sift, payment fraud, COVID-19, cryptocurrency, ecommerce

Bringing ecommerce professionals together during a time of industry transition – MRC Virtual Conference 2021

Interviews | Ecommerce | 16 Apr 2021

In this pre-event interview, Julie Fergerson, CEO at the MRC, reflects on the lessons learned during the last year and how those experiences will inform the 2021 MRC Spring Virtual Conference as well as the future of the MRC

Julie Fergerson, MRC, COVID-19, ecommerce, merchants

Accelerated Payments advances EUR 300 mln to SMEs during COVID-19 crisis

News | E-invoicing, SCF & E-procurement | 15 Apr 2021

Ireland-based Accelerated Payments has advanced EUR 300 million worth of invoice financing to SMEs across the UK, Europe, and North America since its inception.

COVID-19, supply chain finance, trade finance, e-invoicing

How COVID-19 is shaping the future of payments: reducing cash and increasing mobile transactions

Voice of the Industry | Online Payments | 13 Apr 2021

Stephen Markwell of JP Morgan sheds light on how COVID-19 is shaping the digitisation of payments for businesses, touching on key technologies that have been essential in fueling its quick growth

JP Morgan, contactless payments, COVID-19, customer experience

Standard Chartered invests in the merger of CurrencyFair with Assembly Payments

News | Online Payments | 07 Apr 2021

CurrencyFair, a cross-border payments platform, and Assembly Payments, whose platform automates payment workflows, has announced their merger because of a strategic investment by Standard Chartered

digital payments, investment, merger, cross-border payments, ecommerce, COVID-19, transactions , online security, data

Ecommerce in DACH region surpasses EUR 100 bln

News | Ecommerce | 06 Apr 2021

Ecommerce in Germany, Austria, and Switzerland (also known as the DACH region) has reached a consolidated volume of more than EUR 100 billion, Ecommerce News Europe reported.

research, ecommerce, COVID-19, online shopping

Bank account switching in the UK declined with 30% in 2020

News | Online & Mobile Banking | 05 Apr 2021

Current account switching in the UK has fell around 30% in 2020 as the pandemic raged in the country.

banks, COVID-19

A look ahead at the travel payments space – interview with FareHarbor

Interviews | Online Payments | 01 Apr 2021

We interviewed Zack Powers, the Director of Payments Strategy at FareHarbor, to learn more about consumer behaviours and payments expectations in the travel sector post-COVID-19

travel payments, payment methods, COVID-19, PSD2, local payment method, digital payments, SCA, FareHarbor