News from the IoT World

Global online retail will enter 2026 with a landmark achievement: e-commerce revenues are set to surpass $5 trillion for the first time. Yet behind the headline number lies a market whose expansion is becoming increasingly uneven, shaped by divergent regional trajectories, shifting consumer priorities and intensifying platform competition. The headline figure reflects an industry that […]

Credit cards, and to a lesser extent, debit cards, have been used for online card payments for several years. But as technology is evolving, innovative new payment methods are emerging, making it easier to spend money without the need for a physical card. Are we seeing the decline of online card payments? So, are online

AI is about to redefine banking as we know it — not by digitising existing processes, but by taking the act of banking out of consumers’ hands entirely. AI will do the banking for you According to Abdeslam Alaoui Smaili, Co-Founder and CEO of Hightech Payment Systems (HPS), we are entering a new phase of

A new white paper from global banking infrastructure firm RS2 says pressure will grow on banks for more efficient payment processes and systems as businesses visit B2B marketplaces for their procurement needs. The RS2 white paper also predicts embedded payments and financial services will become much more significant as they help marketplaces offer combinations that

Beyond by RS2, the innovation arm of RS2 Financial Services, has been appointed a Principal Issuing Member of Visa in Europe — a development that significantly broadens its role in the continent’s payments ecosystem. Beyond by RS2 secures Visa Principal Issuing status The designation grants the company the ability to issue Visa-branded cards directly and

The payments industry is entering one of the most consequential periods of change in its modern history – and a lot rests on the rails it runs on. Why the future belongs to many rails Consumer habits, regulatory agendas, technological leaps and the entrance of new market players are reshaping how value moves at every

European regulators have formally identified 19 technology firms as “critical” providers to the financial sector under the EU’s Digital Operational Resilience Act (DORA), placing the world’s largest cloud and data providers under direct supervisory scrutiny for the first time. EU designates tech providers under DORA The designation, announced by the European Supervisory Authorities (ESAs), marks

Visa has completed the UK’s first commercial variable recurring payment (cVRP) using its new account-to-account (A2A) framework, marking a decisive moment in the modernisation of everyday payments. First A2A variable recurring payment in UK The trial — conducted with Kroo Bank, the energy supplier Utilita and Open Banking platform Tink — demonstrated an energy bill

As the global crypto market heats up again, XRP (Ripple) has become the new market focus. Multiple analysis institutions predict that with the first spot XRP ETF entering the final approval stage, the asset may have a 41% upside potential in the short term. XRP ETF countdown The focus this time is on XRP—a digital

A fresh settlement between Visa, Mastercard and US merchants promises to trim interchange fees—yet the concessions may do little to shift the balance of power in America’s card-payments ecosystem. Visa and Mastercard’s interchange truce After nearly two decades of litigation, the card networks have agreed to reduce interchange by 10 basis points, a modest decline