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Global smart card market projected to reach $15.7 billion
The global smart card market size was valued at $10.19 billion in 2019, and is projected to reach $15.57 billion by 2027, growing at a CAGR of 6.2% from 2020... read more
The post Global smart card market projected to reach $15.7 billion appeared first on Payments Cards & Mobile.
Bank of England announce Central Bank Digital Currency
The Bank of England and HM Treasury have announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC.A CBDC... read more
The post Bank of England announce Central Bank Digital Currency appeared first on Payments Cards & Mobile.
Payment Systems Regulator names Mastercard in pre-paid card cartel
The Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it states the companies violated antitrust laws, by operating a cartel for... read more
The post Payment Systems Regulator names Mastercard in pre-paid card cartel appeared first on Payments Cards & Mobile.
IDEMIA, G+D and NXP launch WLA to offer independent contactless payment standard
Following a 2019 announcement, IDEMIA, G+D and NXP Semiconductors have launched the White Label Alliance (WLA), which responds to growing global demand for next-generation, independent payment solutions for domestic and private-label payment brands. The White... more
The post IDEMIA, G+D and NXP launch WLA to offer independent contactless payment standard appeared first on Payments Cards & Mobile.
X5 supermarket chain launches Face Pay technology
Russia’s largest food retailer, the X5 Group, has partnered with Visa and Sber to launch Face Pay biometrics at self-service checkout terminals in its stores, the facial recognition payment system may... more
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