Lloyds Banking Group announces pilot scheme to boost the number of retailers offering cashback — Lloyds Banking Group — “There are tens of thousands of local high street shops which have the infrastructure in place to offer a cashback service but may not see it as a viable option — especially without a purchase — as they do not receive a fee for providing cashback… We need to make it more viable for them [to] offer cashback to all customers, whether making a purchase or not.”
- Apple Pay users in the US to get buy now pay later option with iOS 16
- BIS reports on CBDCs in emerging markets
- Moroccan bank launches biometric payment card
- US digital bank introduces contactless payments rings
- Riksbank completes digital currency payments pilot