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M&A in FinTech remains stable as gravity returns to valuations
It has been a conflicting week in the M&A market and the broader FinTech investment scene. UK FinTech investment fell to $9.6 billion in H1 2022, down from $27.8 billion... read more
The post M&A in FinTech remains stable as gravity returns to valuations appeared first on Payments Cards & Mobile.
Tokenised payment transactions to exceed 1 trillion globally
A new study has found the total number of tokenised payment transactions will exceed 1 trillion globally by 2026; rising from 680 billion in 2022. This represents growth of 58%... read more
The post Tokenised payment transactions to exceed 1 trillion globally appeared first on Payments Cards & Mobile.
Successfully implementing Artificial Intelligence: Four main challenges
Innovations are essential for progress. This is the case in general, but especially in a dynamic industry like digital payments. To meet the ever-growing consumer demands for simple and frictionless... read more
The post Successfully implementing Artificial Intelligence: Four main challenges appeared first on Payments Cards & Mobile.
MUFG shuts down blockchain-based payments network
MUFG, Japan’s biggest bank, has announced it will shut GO-NET, the IoT payments solution it set up in 2019 as a joint venture with Akamai in which MUFG held an 80% stake. GO-NET... read more
The post MUFG shuts down blockchain-based payments network appeared first on Payments Cards & Mobile.
Future of payments: Innovation shifts from consumers to businesses
Increasingly blurred boundaries mean that practically anyone can declare themselves a payment provider, using banking-as-a-service to embed payments. Customers can filter this choice through a lens of preference and habit. For firms, complexity... read more
The post Future of payments: Innovation shifts from consumers to businesses appeared first on Payments Cards & Mobile.
