NFC World

News from the NFC World journal

How to save millions with dynamic pricing and improve service

By 2030, more than one in three payments will be instant. However, merchant acquirers and Payment Service Providers (PSPs) remain stuck in the “old world” of overnight settlement, operating on end-of-day interchange reporting and fee calculation which costs them millions. This is because they are not adopting a dynamic pricing approach to transaction fees, interchange […]

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PayPal and OKX partner to simplify crypto access across Europe

PayPal has deepened its involvement in digital assets with a new integration into cryptocurrency exchange OKX, aiming to streamline crypto transactions across the European Economic Area (EEA). PayPal and OKX partner to simplify crypto The partnership allows OKX users to purchase and deposit cryptocurrencies using their PayPal accounts, including funding sources such as balances, linked

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Southern Europe: An unexpected e-commerce growth leader

Southern Europe’s e-commerce sector is entering a period of unexpected dynamism, with Spain, Portugal and Greece all forecast to exceed global average growth rates through to 2029. According to data from ECDB, these markets are poised to outperform the worldwide e-commerce compound annual growth rate (CAGR) of 8.1%, with Greece leading at 9.9%, followed closely

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Modernisation or Marginalisation? EMEA Banks Rush to Transform Payments Infrastructure

In 2025, payments infrastructure modernisation is no longer a luxury – it’s a necessity. As the regulatory clock ticks down towards key compliance deadlines for SEPA Instant Payments and SWIFT ISO 20022, banks across Europe, the Middle East, and Africa (EMEA) are scrambling to update ageing systems and unlock the benefits of real-time, data-rich financial

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JP Morgan’s new data access fees a pivotal moment for US Fintech

JP Morgan Chase is poised to introduce sweeping changes to the way US Fintechs access consumer bank data — and the financial implications could be seismic. According to sources cited by Bloomberg, America’s largest bank has begun distributing pricing schedules to data aggregators, laying the groundwork to charge technology firms for the privilege of accessing

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Lloyds eyes Curve acquisition as digital payments turf war escalates

Lloyds Banking Group is reportedly in advanced negotiations to acquire Curve, the UK-based digital wallet provider, in a deal that could be valued at up to £120 million. The move would mark a significant strategic push by Britain’s largest high street bank into the digital payments arena, as regulators intensify scrutiny on Big Tech’s dominance

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Open Banking in the US: What will it take to get there?

While Open Banking and pay-by-bank technologies are reshaping the financial services landscape across Europe and Asia-Pacific, the US remains an outlier. Despite rapid innovation elsewhere, the US has struggled to match the pace of adoption, largely due to structural, regulatory and behavioural roadblocks. Yet, with the right strategic approach, American financial institutions and technology leaders

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Monavate deepens partnership with Episode Six

Monavate has expanded its strategic partnership with Episode Six as it seeks to scale its operations beyond Europe. Monavate deepens partnership with E6 Episode Six, a global provider of enterprise-grade card issuing and ledger infrastructure, will continue to underpin Monavate’s flagship platform, MonavateOne., as it extends coverage into new markets. MonavateOne. enables clients to operate

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Bank of England fines Vocalink £11.9m for risk management failings

The Bank of England has fined Vocalink £11.9m ($16.2m) for serious failings in its risk management and governance arrangements, marking the first such enforcement action against a financial market infrastructure provider in the UK. Bank of England fines Vocalink £11.9m Vocalink, owned by Mastercard since its £700m acquisition from a consortium of UK banks in

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