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A new report on the recovery of the payments industry suggests the global payments industry demonstrated its resilience again in 2021, more than recouping the revenue erosion experienced in 2020,... read more

The post Payments industry continues strong post pandemic recovery statistics appeared first on Payments Cards & Mobile.

PCM considers the impact of stagnant or declining economic growth, rising interest rates and growing regulatory strictures on the payments industry. As conditions worsen to a point not seen in... read more

The post Rising rates and low growth beginning to hit payments industry appeared first on Payments Cards & Mobile.

According to Bloomberg’s analysis of United Nations’ data, Generation Z this year comprises 32% of the global population. By 2020, Gen Z consumers will have a greater impact on global... more

The post A 2020 forecast on the banking and payments industry appeared first on Payments Cards & Mobile.

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant milestone for the payments industry and is the latest step in a series of developments bringing wholesale change to UK payments. The PSR set up [...]

The post NPSO takes over consolidation of Bacs and Faster Payments appeared first on Payments Cards & Mobile.

For many years payments processing has been considered the ugly sister of the payments industry that quietly ticks over in the depths of back offices. In the last 18 months it has emerged as a hot sector, as companies rush to take advantage of the huge growth potential stemming from the global shift towards digital [...]

The post What is the driving force behind the new fashion of mega-mergers in payments appeared first on Payments Cards & Mobile.