A new report, ‘Follow the Money’, describes the complex web of money laundering, money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after... more
The post Follow the money: an investigation into money laundering tactics appeared first on Payments Cards & Mobile.
Following the dramatic decline in cash usage and the consequential reduction in ATM estates, the UK Government is backing an initiative to allow people to access cashback in shops without... more
The post UK Government backs cashback in shops without purchase appeared first on Payments Cards & Mobile.
The contactless payment market size exceeded $40 billion in 2019 and is estimated to grow at 15% CAGR from 2020 to 2026. The global industry shipments are projected to reach... more
The post Contactless payment market worth over $100 billion by 2026 appeared first on Payments Cards & Mobile.
Whilst it has been well documented that contactless transactions are surging across the globe there have been reports that Russians are stockpiling cash. About 1 trillion rubles ($13.6 billion) has... more
The post As global contactless transactions surge Russians turn to cash appeared first on Payments Cards & Mobile.
As the catastrophic human costs of the coronavirus come into clearer focus, so too do the consequences for people’s well-being beyond the immediate imperative to safeguard lives. Taking care of... more
The post McKinsey predicts payments revenues to enter negative decline appeared first on Payments Cards & Mobile.