Concerns about coronavirus transmission has encouraged use of contactless cards and this trend will continue as contactless limits are increased and new habits become ingrained

Contactless payments are increasingly the norm in Europe

From creating a marketplace for non-fungible tokens (NFTs) to building an air-gapped cold vault to enabling new sustainable digital assets, seven global crypto and digital assets startups join Mastercard’s award-winning Start Path program to access partnership opportunities, insights and tools to grow.

Over the last four years, consumer complaints about digital wallets and mobile payment apps in the United States surged as more and more Americans choose cashless payments.

Between April 2017 and April 2021, the US Consumer Financial Protection Bureau received nearly 9,300 complaints related to mobile or digital wallets, and the majority of them aimed at one platform.

 UTP Group (UTP), a European card payment solutions provider, which now has UK operations in Manchester, Hastings and Reading, is seeing increased demand for its services as more and more merchants look to quick and convenient fintech solutions to aid business recovery.  

UTP has seen:

Bloomberg today announced its Market-Implied Probability of Default (MIPD) product, a fully market-driven creditworthiness indicator, is now available to both Enterprise Data and Bloomberg Terminal clients globally. MIPD enables clients to easily incorporate creditworthiness metrics within their existing workflows for a more holistic approach to credit risk management. 

Payment orchestration platform Corefy has today announced the opening of the first Regional Office in the Asia-Pacific region with the aim to expand the company's global coverage.  

A new whitepaper released by Trulioo, the leading global identity verification company, explores the implications of the Sixth Anti-Money Laundering Directive (6AMLD) and the European Union’s bid to tackle rampant financial crime.

EasySend, a no-code platform for building and optimizing digital customer journeys, announced a partnership with PSCU, the United States’ premier payments credit union service organization (CUSO). The partnership will integrate EasySend’s platform into PSCU’s back-end systems, helping to export and import data.

Smaregi, serving more than 98 thousand stores in Japan, has integrated the OCR module by Smart Engines into its mobile applications. Automatic extraction of passport data allows streamlining VAT-refund procedures in tax free shops for foreign citizens in Japan.