The Office of National Statistics (ONS) has reported there were approximately 3.6 million consumer and retail fraud incidents in 2024, a 19% rise for the same period in 2023.
Full-stack payment processor Finix has announced the raise of USD 75 million in a Series C funding round, aiming to deliver improved payment services to its customers
Payment orchestration platform FinMont has partnered with payment solutions provider The Payments Group (TPG) to expand payment solutions for travel merchants
After a launch in Latin America earlier this year, Mastercard has brought its Product Express platform to a host of new markets, enabling fintechs to roll out a card programme in a matter of days.
Mastercard has announced the expansion of its Product Express platform in order to accelerate the launch of new card programs, as well as other payment services
Alan Marquard, executive vice president, applications at Mastercard commented on their current progress towards 2027 goals as reported by FSB in their second annual assessment in a session on G20 targets at Sibos in Beijing: “we're four years in the journey to 2027, and we're nowhere near there. I find that completely unsurprising. The metrics were set up as quantitative metrics, but set at a global level without clarity on who was responsible for achieving them.”