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Senate Pushes for PPP Extension as Deadline Passes

Senate Pushes for PPP Extension as Deadline Passes

The US Senate has passed a bill extending the Paycheck Protection Program until August 8
Mobile Wallets ‘to Reach $7.6T by 2027’

Mobile Wallets ‘to Reach $7.6T by 2027’

Research predicts a 28% annual growth rate for payments based on smartphone replicas of credit and debit cards
Fintechs Continue to Innovate Through Pandemic

Fintechs Continue to Innovate Through Pandemic

Payments firms Paiblock and ACI Worldwide have launched new services for banking customers to help them adapt to a post-COVID-19 world
‘Open Banking’ Users to Double by 2021: Research

‘Open Banking’ Users to Double by 2021: Research

Open banking users expected to hit 40 million by end-2021, while payments forecast to total $9 billion
Lenders Warned Over Potential $130bn Credit Card Losses

Lenders Warned Over Potential $130bn Credit Card Losses

McKinsey warns on the elevated risk of increased losses as the pandemic-induced unemployment rate rises
More Fintechs Step Up Pandemic Support

More Fintechs Step Up Pandemic Support

Technology companies have continued to roll out new or enhanced services for corporate and individual customers
How COVID-19 Is Infecting the Payment Fraud Landscape

How COVID-19 Is Infecting the Payment Fraud Landscape

Fraudsters have significantly expanded phishing campaigns to include COVID-19 messaging
Cloud Computing ‘Key to Digital Payment Growth’

Cloud Computing ‘Key to Digital Payment Growth’

Accelerating growth in use of Apple Pay and similar services will see market hit $416 billion by 2024, research shows
Banks Demand Additional Funding for PPP

Banks Demand Additional Funding for PPP

$248 billion has already been loaned to small businesses across the US, according to new data
Global Payments Market to Hit $1trn by 2023, Study Says

Global Payments Market to Hit $1trn by 2023, Study Says

Rapid growth is being accelerated by measures put in place to combat the spread of COVID-19
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