Acquiring

Showing Latest Acquiring

Worldline signs a major strategic commercial acquiring alliance with ANZ Bank

15 Dec 20 @ 11:25

Worldline has signed a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s 3rd largest acquirer with a 20% share of transaction... read more

Mastercard faces down $18.5 billion UK Supreme Court interchange fees class action

11 Dec 20 @ 14:15

The UK Supreme Court has ruled that it will allow a $18.5 billion (£14 billion) class action to proceed against Mastercard for allegedly overcharging on interchange fees to more than... read more

Banks struggle to keep up in race for payments supremacy

07 Dec 20 @ 18:58

A new report states that senior payments executives at banks feel like they are locked in a payments technology arms race. They also worryingly describe themselves as held back by... read more

SCA: Secure multi-factor authentication for online banking and payments

03 Dec 20 @ 09:00

Since September 2019, PSD2 RTS for Strong Customer Authentication (SCA) applies in the European Union. This revised Payment Services Directive makes SCA mandatory for banks and any sensitive operations, with... read more

Nets and Worldline join EPI as first 3rd party acquirer as deployment gathers pace

25 Nov 20 @ 13:08

The European Payments Initiative (EPI) has entered its next phase and has announced Worldline and Nets as shareholders of the EPI Interim Company, as the first third-party acquirers to join... read more

Research Note: Banks face major challenges maintaining revenues from payments

25 Nov 20 @ 12:53

Payments and accounts services are at the core of banks’ offering to customers. They contributed about a third of European banks’ total revenues in 2019, and represent banks’ leading source... read more

Deutsche Bank weighs up acquisitions to beef up payments business

24 Nov 20 @ 16:53

Deutsche Bank is reported to be in the market actively looking for acquisitions and joint ventures to help Germany’s largest lender hit its goal of becoming a major force in... read more

The rise of the platform – Where is FinTech going next?

19 Nov 20 @ 13:16

FinTech and Payments (PayTech) has been an investor focus for years. And while many FinTech payments ventures have seen big successes, we’ve only just begun. In this article, Payments Cards... read more

Webinar: Balancing security and convenience in e-commerce transactions

13 Nov 20 @ 12:00

INFORM and Netcetera held a joint webinar that took a closer look at some of the challenges associated with the e-commerce payment ecosystem. The stakeholders within this ecosystem, including consumers,... read more

E-commerce and digital payments set for major growth in 2021 across the MENAP region

11 Nov 20 @ 17:23

The e-commerce and digital payment industries in the Middle East & North Africa, Pakistan (MENAP) region are set for major growth in 2021, with nearly half of consumers likely to... read more

US Department of Justice files lawsuit challenging Visa’s acquisition of Plaid

05 Nov 20 @ 18:23

It has been reported that the Justice Department has filed an antitrust lawsuit against Visa in an attempt to block the proposed $5.3 billion acquisition of Plaid. Plaid builds technical... read more

UnionPay accounts for 45% of global cards spending – Visa still on top

09 Oct 20 @ 16:06

New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more