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Hey Payments Fanatic! Mastercard has set an ambitious goal to achieve 100% e-commerce tokenization by 2030, aiming to phase out manual card entry and enhance the security and accessibility of online shopping. Tokenization, introduced by Visa and Mastercard in 2014, replaces the 16-19 digit number on payment cards with a

Hey Payments Fanatic! Apple’s annual WWDC event was nothing short of extraordinary, showcasing their commitment to “thinking different.” Among the standout announcements, for the payments industry, were three major updates to Apple Wallet that promise to enhance user convenience and functionality. 1. Tap to Cash One of the most

Hey Payments Fanatic! FinTech Companies offering buy now, pay later (BNPL) services, such as PayPal, and Klarna, are leveraging debt backed by consumer loans to find new funding methods in a higher interest rate environment. By offering pools of assets repackaged as securities, these firms can access relatively inexpensive funding

Hey Payments Fanatic! Mastercard, Empik, and PayEye are introducing an innovative in-store biometric payment pilot that utilizes iris and facial recognition technology. This initiative, supported by PayEye and technology partner Planet Pay, enables customers to experience a new way of paying for purchases with a simple glance at five Empik

Hey Payments Fanatic! In an unusual move, Capital One has joined forces with payment powerhouses (and rivals) Stripe and Amsterdam-based Adyen to introduce a free fraud reduction product. This innovative move was revealed by the financial services giant in an exclusive interview with TechCrunch. Capital One's head of

Hey Payments Fanatic! Visa announced at Money 20/20 Europe a significant milestone achieved by its tokenisation technology, revealing that Visa tokens have generated more than $40 billion USD in incremental ecommerce revenue for businesses globally and saved $650 million USD in fraud in the last year. Visa also announced

Hey Payments Fanatic! A recent survey conducted by Thunes and Visa highlights the conflicted attitudes among Europeans regarding cross-border payment interoperability. The survey underscores the challenges firms encounter when integrating across various markets and systems. Despite a majority of respondents expressing confidence in their firm's cross-border payment capabilities,