People are using more cash
SoftPOS user base to grow 475% globally
Nuri has filed for insolvency
Card spending grew 7.7% in July
Amazon have expanded biometric payment
BNPL users set to reach 900mn globally
Scotiabank launches digital payments platform
Yapily rolls out virtual accounts
Wise and Plaid announce Open Finance partnership
Global Payments to acquire EVO for $4bn
Rev acquires Netspend for $1bn
Amex launches cross border solution
BlackRock partners with Coinbase
Amazon offers Q-Commerce from local retail stores
Meta to shut down Live Shopping
Uber launches driver debit card
Yapily signs first VRP client
Attentive launches text-to-buy with Shopify
Klarna announces new Loyalty Card feature
Virgin Money enters BNPL market
Amazon launches seller wallet
Plaid and GoCardless launch VRP offering
Truelayer supports instant payments
Gemini customers can buy crypto via Open Banking
Moscow extends Face Pay to transport systems across the city
Tokenised payments to exceed 1tn by 2026.
Instagram adds payments in chat.
40% of eCommerce businesses to open stores.
YouTube launches YouTube Shopping.
Starling Bank announces first year of profitability.
Google launches new Wallet in 39 countries.
Lawsuit launched against Apple Pay.
Google to cut fees for app developers from 15% to 12%.
Adyen launches Tap-To-Pay for iPhones
Zip terminates $491mn Sezzle merger
Deutsche Bank develops white-label BNPL
Stripe reduces valuation by 28%
Monzo narrows losses to £119mn
STEP2 allows real-time settlement of SEPA
Plaid opens network to crypto exchanges
Consumers demand contactless payments for transit
Revolut launches mPOS terminal
Nexi and Alpha Bank create Nexi Payments Greece
PayPoint offers next day settlement
Subscriptions account for 36% of revenue
35% of French shoppers abandon online carts due to complex purchase journey
CMA opens investigation into Amazon’s marketplace practices