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As much as 15% of North American banks’ payments revenue — $88 billion — is likely to be displaced by the growth of digital payments and competition from non-banks, as... more

The post North American banks risk losing $88 billion in payments revenue by 2025 appeared first on Payments Cards & Mobile.

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Alternative Payments (APMs), Daily news, E-Commerce, E-Money, Instant Payments, Mobile Banking, Mobile payments, myBank, Processing & Systems, Real-Time Payments -

MyBank, the pan-European payment platform that allows users to pay online via immediate bank transfer through their internet banking, closed out a record year reaching more than €15 billion in... more

The post MyBank transaction volume exceed €15 billion appeared first on Payments Cards & Mobile.

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acquiring, Acquiring Europe, Acquiring in Europe, Acquiring Report, Acquiring Report Europe, Alternative Payments (APMs), Daily news, E-Commerce, E-Money, Issuing & Acquiring, merchant acquirer, POS Terminals, value-added apps -

If merchant acquirers are to outperform increasing competition from new entrants, they must leverage platforms that integrate digital value-added apps and services from third parties rather than try to integrate... more

The post Merchant acquirer report: Merchant services up for a challenge in 2020 appeared first on Payments Cards & Mobile.

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Alternative Payments (APMs), card payments, Cash, Contactless, Daily news, E-Commerce, Electronic payments, European Payments, European payments landscape, FinTech, Issuing & Acquiring, Mobile payments, Mobile Wallet, mPOS, P2P, POS Terminals -

The European payments landscape has undergone a profound transformation over the past few years. According to an April 2019 report by the European Central Bank (ECB), electronic payments have grown... more

The post Card payments are the preferred payment method for both consumers and merchants appeared first on Payments Cards & Mobile.

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Alternative Payments (APMs), Contactless, Daily news, E-Commerce, E-Money, European SCT Inst, Faster payments, FinTech, Instant Payments, Mobile Banking, Mobile payments, Mobile Wallet, P2P, Real-Time Payments, Realtime Gross Settlement (RTGS), Realtime payments, realtime payments system -

New research from Emerging Payments Association reveals that realtime payments are growing rapidly in the UK and deploying widely worldwide, signifying potential for business payments for banks and FinTechs. The... more

The post Realtime payments offer immense potential for banks and FinTechs globally appeared first on Payments Cards & Mobile.

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