According to Reuters, about 70 lawmakers from the ruling party feel a digital yen is needed to counter the approaching launches of Libra and China’s own digital currency. The effort... more
In what was another record-breaking year, investments in the UK tech sector soared to £10.1 billion ($13.2 billion) in 2019 – a £3.1 billion increase on 2018’s very strong figures... more
The post UK tech sector beats both US and China to lead global growth appeared first on Payments Cards & Mobile.
App Annie has released The State of Mobile 2020 report. This annual appraisal provides insight into mobile’s expansive impact across industries and the global economy, highlighting publishers and brands that... more
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.
Visa has announced it has signed a definitive agreement to acquire Plaid, an Open Banking network that makes it easy for people to connect their financial accounts to the apps... more
The post Visa make Open Banking play with Plaid acquisition appeared first on Payments Cards & Mobile.