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Acquiring, Daily news, E-Commerce, M-Commerce, payment statistics, POS Terminals, UK Consumer Spending Report, UK payment statistics -

When compared to the same report launched in February 2022, Essential card spending grew by 6.7% in February 2023, driven by Grocery spend growth at 6.6%. Fuel spend grew by 5.0% in February 2023, down from 9.3% in... read more

The post UK consumer spending report appeared first on Payments Cards & Mobile.

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Account to Account (A2A), account to account (A2A) payments, Acquiring, Alternative Payments (APMs), Daily news, E-Commerce, FinTech, Instant Payments, Issuing & Acquiring, M-Commerce, Mobile Banking, Mobile payments, Mobile Wallet, Nordic banking, Open Banking, P2P, Payments News, Real-Time Payments -

As banks look to transform their business for a digital future, high inflation and low economic growth are making investment decisions difficult. Nonetheless, opportunities exist to deliver customer value and... read more

The post Nordic banking 2023: challenge and opportunity in changing times appeared first on Payments Cards & Mobile.

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BNPL, Cash, cost of living, Daily news, E-Commerce, fintech, Fraud & Security, inflation, M-Commerce, Open Banking, POS Terminals -

Across major economies everywhere, inflation and the current rapid rise in the cost of living is having a profound effect on the way people pay, save and bank, with many... read more

The post What effect is inflation having on the payments industry? appeared first on Payments Cards & Mobile.

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anti-fraud, Bot farms, Cyber Security, Daily news, E-Commerce, Fraud, Fraud & Security, Friendly Fraud, Identity, M-Commerce, Strong Customer Authentication -

Fraud is fluid — it is constantly evolving with new tactics to find cracks in a merchant’s defences. In 2023, there are five trends that merchants need to be aware... read more

The post Defining fraud: What to “look forward” to in 2023 appeared first on Payments Cards & Mobile.

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Acquiring, BNPL, Buy Now Pay Later (BNPL), Daily news, E-Commerce, M-Commerce, POS Terminals -

Complaints to the Financial Ombudsman Service against BNPL firms have jumped 36% over the last three years, highlighting the need to speed up and implement robust regulation of the Buy... read more

The post Complaints against BNPL firms increase 36% appeared first on Payments Cards & Mobile.

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