News from the IoT World

Mastercard and PayPal have announced a collaboration that could define how consumers and businesses transact in the emerging world of agentic commerce. PayPal unite to advance agentic commerce At the heart of the initiative is the integration of Mastercard’s Agent Pay platform with PayPal’s digital wallet, a move designed to make it easier and safer […]

North America is on the brink of a payments revolution, with cross-border transaction volumes projected to soar to $13.1 trillion by 2032, according to a new report from Money20/20 and FXC Intelligence. The study, How will North America’s money move in the future? A 2025 view of 2035, launched at Money20/20 USA, paints a vivid

Amidst the continuous evolution of the cryptocurrency market, a new investment logic is emerging: a shift from “market trends” to “pursuing long-term cash flow.” More and more investors are realising that rather than frequently trading and struggling with price fluctuations, it’s better to convert mainstream assets like BTC, XRP, and ETH into sustainable, predictable, and

For years, industry pundits predicted the death of the point-of-sale (POS) terminal, replaced by a future of frictionless payments and invisible checkout. Yet for small and medium-sized businesses (SMBs), the opposite has occurred. The POS has evolved from a basic transaction device into a powerful digital command centre — the operational core of modern retail

Europe’s ambitious digital identity programme has reached a critical milestone with the launch of Aptitude, one of the European Commission’s new Large-Scale Pilots (LSPs) for the EU Digital Identity Wallet (EUDIW). The two-year initiative brings together over 110 organisations from more than 15 European countries, spanning public administrations, private-sector partners and technology specialists, to test

Artificial intelligence has become the latest weapon in the arsenal of organised fraudsters, driving a sharp rise in fraud and scams across the UK. According to new data from UK Finance, criminals used AI to supercharge investment and romance scams in the first half of the year, pushing total confirmed fraud cases past 2 million

Artificial intelligence could erase up to $170 billion in global banking profits over the next decade, according to McKinsey & Company’s Global Banking Annual Review 2025. Banks face $170 billion profit hit from AI The consultancy warns that while AI offers enormous potential for efficiency gains, it could also destabilise long-standing profit pools as consumers

Visa’s newly implemented Acquirer Monitoring Program (VAMP) has officially taken effect, bringing one of the most sweeping overhauls to dispute and fraud oversight in recent years. VAMP framework raises stakes for acquirers The global framework consolidates Visa’s previous fraud and chargeback monitoring schemes into a single, stricter system — one that places both acquirers and

The UK’s Competition and Markets Authority (CMA) has approved Global Payments’ proposed $22.7 billion acquisition of Worldpay, marking a major milestone for one of the largest payments industry mergers in recent years. CMA clears Global Payments’ Worldpay takeover The Phase 1 clearance removes a significant regulatory obstacle and signals confidence that the deal will not

TrueLayer, Europe’s largest Pay by Bank network, has announced the acquisition of Zimpler, the fastest-growing Pay by Bank provider in the Nordics, in a landmark deal that consolidates TrueLayer’s position as a dominant force in European Open Banking payments. TrueLayer builds European Pay by Bank network The move combines two of the continent’s most innovative