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Fintechs are chipping away at card providers’ duopoly but progress will be slow
Proposal would subject digital wallets and payment applications to more scrutiny
Linking the multitude of systems would make transferring money cheaper, faster and more transparent
Japan’s mobile payments market offers opportunity for growth
The group has crypto ambitions, but still depends upon Square’s profits
Parent company Meta seeks to tap its messaging service’s biggest market to boost revenue
State-backed instant transfer service is credited with helping to widen financial inclusion
Debit card usage rises even faster, reaching 50 per cent of payments in 2022
Privatisation wave makes country of 120mn people a tempting target for digital services
UPI to roll out services targeting rural users with limited internet access and literacy
Rivals are grabbing market share with aggressive pricing strategies
Division that covers payments and remittances valued at more than $5bn
US central bank’s move will enable Americans to move money electronically in seconds
Activities give sense of the importance Chinese companies in several sectors attach to country’s potential
Unbranded business faces stiff competition from the likes of Apple, Google, Affirm and Afterpay
The Bank of England’s ‘Britcoin’ project could transform transactions — but questions about who gains from our data remain
Giorgia Meloni’s attempt to impose a €60 minimum for cards has been quashed, to the relief of Italian consumers
The pandemic has intensified the threat posed by neobanks and ‘buy now, pay later’ companies
The fintech disrupters of the payments sector are no such thing
Consumers may not feel much benefit from greater competition
Investment arm of South Africa’s Naspers says certain conditions for purchase had not been met
Jamie Dimon warned executives to put aside rivalries and deliver critical ‘pay-by-bank’ project
Court ruling in lawsuit alleging profits from illegal content lead credit card issuers to distance themselves from TrafficJunky
London-based payment-services group had earlier hoped to raise funds at €20bn pricetag
Is it convenience or council cost-cutting that’s really driving the race towards digital services?
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