Christmas Markets: Cash and card payment solutions united
By Fivos Polymniou, Director of ASK Global As the festive season approaches, Christmas markets become a central feature of holiday celebrations in many cities. These vibrant markets, filled with artisan gifts, seasonal treats, and festive cheer, are a key destination for shoppers looking for unique presents and festive experiences. Customers and vendors both benefit from having […]
Cross-border payments boom due to speed and reliability
Cross-border payments are becoming increasingly important to international economies, with around 63% of global consumers using international real-time payments (RTPs) services to send money to family and friends, while 51% use them only to pay for goods and services. That’s according to the 2024 Financial Services Consumer Survey conducted by GlobalData, which says the G20 roadmap […]
Visa delivers new Click-and-Mortar’ solutions
Visa has unveiled new solutions for merchants who serve the new fast-growing segment of ‘Click-and-Mortar’ shoppers, who rely on digital features to shop both online and in-store. “The payments sector has made significant strides in simplifying the consumer shopping experience. In doing so, the payments ecosystem has become more complex and fragmented for sellers — […]
Open Finance and GenAI set to dominate FinTech and payments landscape in 2024
A Juniper Research whitepaper has revealed the 10 trends it believes are set to radically impact the fintech and payments landscape in 2024. The whitepaper found that the fintech market is undergoing a rapid shift, with the rise of new technologies, such as Open Finance, generative AI and A2A (account-to-account) payments having a major impact on […]
Alternative payments fuelling Australian e-commerce
E-commerce sales in Australia registered sustained growth over the last few years supported by availability of secure online payment tools, increasing number of online shoppers, and proliferation of online merchants and payment tools. Against this backdrop, alternative payment methods such as mobile and digital wallets are set to account for 34.1% of the payments made […]
BPFI data shows increase in payment fraud in ireland
Fraudsters stole nearly €85 million (€84.6m) through frauds and scams in Ireland during 2022, an increase of 8.8% on 2021, according to a detailed report published by FraudSMART, the fraud awareness initiative led by Banking & Payments Federation Ireland (BPFI). The FraudSMART Payment Fraud Report H2 2022 outlines how card fraud accounted for over 95% […]
Top global payment companies generated $228bn in 2022
The global payments industry witnessed an exceptional 2022, despite the challenges posed by expansionary monetary policy, geopolitical uncertainties, pandemic-related supply chain disruptions, and a macroeconomic environment with heightened inflation and increased energy costs. That’s according to GlobalData, which says the top 20 public payment companies experienced a 15.5% increase in their top-line performance, reaching a […]
