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Worldpay IPO raises £2.5bn

14 Oct 15 @ 05:55

Worldpay has announced plans to raise as much as £2.5bn in the UK’s biggest initial public offering of the past two years. The payments processor priced its listing slightly below... read more

EBA Clearing RFP for pan-European instant payments

06 Oct 15 @ 15:42

The bank-owned provider of several key payments infrastructures in Europe, EBA Clearing, has launched an RFP for a technical solution provider. The RFP is the next phase in its offering of a... read more

TSYS extends ING Bank agreement

28 Sep 15 @ 12:44

TSYS says it has extended its payments agreement with ING Bank N.V. for their commercial card portfolio. TSYS has been supporting ING Bank since 2009 with the TS2 processing platform, as well... read more

Court decisions against HTC in Germany in NFC patent disputes

17 Sep 15 @ 16:59

On March 26th, 2015 Dusseldorf courts (Landgericht) held, after a trial on the merits, that certain HTC smartphone products infringe patents EP 1 855 229 and EP 1 163 718... read more

Worldpay deal on a knife edge

16 Sep 15 @ 13:06

The Worldpay IPO is on the verge of being called off according to sources. The current owners are set to sell the company to French rival Ingenico if it increases its offer... read more

Saxo payments adds Credorax to partner portfolio

10 Sep 15 @ 08:46

Saxo Payments has announced that Credorax will join First Data, Tuxedo Money, Valitor and Allied Wallet, as a partner in the Saxo Payments Banking Marketplace. Credorax, with a focus on the e-commerce... read more

Payments UK issues code of conduct

02 Sep 15 @ 16:18

Trade association Payments UK has published an initial code of conduct covering ‘indirect access’ to the UK’s payment systems. The principal aim of the code is to improve the experience... read more

EVO acquires Citi’s Merchant Acquiring business in Mexico

02 Sep 15 @ 16:03

EVO Payments International (EVO) has announced the successful completion of the purchase of Citigroup’s merchant acquiring business in Mexico, conducted through Banco Nacional de Mexico S.A. (Banamex), a wholly-owned subsidiary of Citigroup.... read more

How European Issuers can win with Tokenised NFC m-payments

01 Sep 15 @ 16:41

Apple Pay’s 14th July expansion into the UK arrival promises to expand m-payment capabilities into retail locations and greatly increase consumer awareness of the benefits and availability of m-payments. Most... read more

PayPal raises US prices

01 Sep 15 @ 13:06

PayPal says it will increase prices for thousands of businesses as the company looks to maintain revenue growth and boost profit margins as a stand-alone business separate from eBay. PayPal says it is... read more

Wirecard smashes into Worldpay bid at $9.4bn

27 Aug 15 @ 08:51

The enigmatic German payments processor Wirecard is heavily rumoured to have joined the bidding for UK rival Worldpay. Wirecard is competing against private-equity bidders, including a joint proposal from Blackstone Group... read more

EVO and Raiffeisenbank form card acceptance alliance

14 Aug 15 @ 15:35

Global acquirer and payment service provider EVO Payments International has formed a strategic alliance with pan-European banking group Raiffeisenbank for card acceptance in the Czech Republic. As a result of... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more