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Acquiring, Biometrics, Daily news, facial recognition, Identity -

A new study has found that the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020.... read more

The post Facial recognition for payments authentication to hit 1.4 billion users appeared first on Payments Cards & Mobile.

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Acquiring, Contracts, Cryptocurrency, Daily news, Payments News, Processing & Systems, stablecoin, USD Coin, USDC -

Visa says it has nailed a major industry first in bridging the worlds of digital and traditional fiat currencies: the use of USD Coin (USDC), a stablecoin backed by the US... read more

The post Visa first to settle transactions in USD Coin (USDC) appeared first on Payments Cards & Mobile.

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Acquiring, Alternative Payments (APMs), Banks, Daily news, Digital Payments, E-Money, Icon solution, Instant Payments, Issuing & Acquiring, M-Commerce, Mobile Banking, Mobile payments, Mobile Wallet, Open Banking, Processing & Systems, Real-Time Payments -

For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more

The post Who are banks competing against in payments now? appeared first on Payments Cards & Mobile.

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Acquiring, Daily news, debit card fees, Debit cards, Interchange Fee, Issuing & Acquiring, Network fees, POS Terminals, Regulation, Visa -

Its all go for Visa right now, having raised interchange fees in the UK, The Justice Department is now investigating whether it is engaging in anticompetitive practices in the debit... read more

The post Visa facing DOJ antitrust investigation over Debit cards appeared first on Payments Cards & Mobile.

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