NFC World

PayPal and Coinbase have announced a significant expansion of their strategic partnership, aimed at propelling the growth of PayPal USD (PYUSD), a regulated USD-denominated stablecoin introduced by PayPal in 2023. PayPal and Coinbase deepen alliance In case you have not been paying attention to the stablecoin market lately – the move signals a bold step […]

As cross-border commerce accelerates, digital wallets are emerging as a key driver of innovation — but in the UK, a gulf remains between merchant enthusiasm and consumer hesitancy. A new data brief, Global Money Movement: UK Edition, produced by TerraPay, sheds light on the current state of digital wallet adoption and reveals the challenges and

The European Union’s proposed Financial Data Access (FIDA) regulation — once heralded as a cornerstone of the bloc’s digital finance ambitions — now finds itself mired in uncertainty. FIDA in flux: What next Initially flagged for potential withdrawal amid broader efforts to simplify the regulatory environment, FIDA has since re-emerged in the European Commission’s 2025

The European financial establishment is entering open conflict with itself as anxiety mounts over a potential surge in stablecoins and American crypto influence, fuelled by US President Donald Trump’s renewed embrace of digital assets. Why Trump is rattling the EU At the centre of this growing storm is a transatlantic regulatory divergence that European Central

A new phase in the evolution of global real-time, cross-border payments is underway, as five central banks behind Project Nexus — a Bank for International Settlements (BIS) initiative — launch a formal procurement process to appoint a Nexus Technical Operator (NTO). Cross-border payment breakthrough This milestone marks a decisive shift from proof-of-concept to full-scale implementation,

In a sweeping effort to tackle online advertising fraud, Google has suspended more than 39 million scam advertiser accounts in the US alone over the past year — tripling the figures from 2023. 39 million scam accounts suspended by Google AI This unprecedented crackdown highlights the growing role of artificial intelligence in policing digital ecosystems,

Barclays has agreed a complex strategic transaction with Brookfield Asset Management that could see the Canadian private equity giant assume majority ownership of the British bank’s payments business over the next seven years. Barclays strikes deal with Brookfield The agreement marks the culmination of more than a year of deliberations by Barclays to offload a

Discover Bank has been ordered to return more than $1.2 billion to merchants after a regulatory investigation found that it had systematically misclassified millions of consumer credit cards as commercial accounts, leading to inflated interchange fees over a 17-year period. In a joint enforcement action, the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve

Telecom operators are emerging as key enablers of digital payments leveraging vast datasets and real-time customer behaviour insights. Telcos are becoming payment gateways Through direct carrier billing (DCB), content bundling, and seamless onboarding, telcos are embedding themselves deeper into everyday transactions. This article explores how their infrastructure and reach are positioning them at the forefront

In a sweeping strategic reshuffle, Global Payments has announced a landmark agreement to acquire Worldpay for a net purchase price of $22.7 billion while simultaneously divesting its Issuer Solutions business to FIS for $13.5 billion. Global Payments to acquire Worldpay The transactions, unveiled on 17 April, mark a pivotal moment in the company’s evolution, positioning