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Venture capital funding for payments on the wane

21 Jul 14 @ 15:57

Despite a slew of funding rounds for payment industry start-ups over the last few years, venture capital providers are backing away, according to data from CrunchBase. The research firm found... read more

ACI Worldwide acquires anti-fraud specialist ReD

21 Jul 14 @ 15:52

Global payment solution vendor ACI Worldwide is to acquire UK-based payment fraud prevention outfit Retail Decisions (ReD) for $205 million in cash. ReD’s suite of products includes solutions for merchants... read more

RS2 signs top global payments processor

12 Jun 14 @ 13:32

RS2 Software, the company behind the comprehensive, high-performance and high-availability card management solution BankWORKS, has announced a major license and services agreement with a global payments processing company. The comprehensive... read more

Powa Technologies acquires MPayMe to expand global footprint

12 Jun 14 @ 09:09

Powa Technologies Group has announced the acquisition of Hong Kong-based mobile expert MPayMe in a move that will vastly increase its global reach and provide a leading payment solution for... read more

Visa and MasterCard will continue to operate in Russia

03 Jun 14 @ 14:24

Visa and MasterCard plan to continue to operate in Russia, following compromise agreements with the Russian government in the wake of the sanctions imposed on the country due to the... read more

SEB sells card acquiring operations to Nordic Capital

02 Jun 14 @ 12:41

Swedish bank SEB is to sell its card acquiring business Euroline to private equity player Nordic Capital for SEK 2.2 billion. Euroline, which acquires Visa, MasterCard and Diners Club transactions... read more

Austria Card acquires Turkey’s Provus Kart

28 May 14 @ 12:22

Austria Card (Lykos Group), an internationally leading card manufacturer, increased its share in the Turkish personalization specialist Provus Kart Hizmetleri A.Ş. to 100%. Former Provus thereby started to operate under... read more

MasterCard acquires ElectraCard Services

19 May 14 @ 11:36

MasterCard announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd.,  (“Opus”) to acquire its subsidiary, ElectraCard Services Private Limited, (“ECS”), a leading global provider of software... read more

HID Global and Proxama join forces for mobile proximity marketing

15 May 14 @ 15:38

HID Global and Proxama, the global platform provider of mobile proximity marketing, mobile wallet and payment solutions, announced that they have partnered to create a solution enabling rapid deployment of... read more

Eagle Eye customer engagement platform at point of sale

24 Mar 14 @ 12:04

EPOS specialists, Comtrex Systems have announced a partnership with digital consumer engagement experts Eagle Eye Solutions. Their platform, Eagle Eye AIR, allows merchants to easily connect with potential and existing... read more

AccessPay forms partnership with Raphaels Bank

18 Feb 14 @ 13:54

AccessPay is delighted to announce their strategic partnership with Raphaels Bank. The partnership offers corporates and financial institutions cloud-based payments and direct debit management solutions – all without the end-user... read more

Advanced cyber security and identity solutions for virtual currencies

12 Feb 14 @ 09:22

Late last year, prior to the massive buzz surrounding the uncertainty of virtual currencies, ValidSoft partnered with Ven, a global virtual currency to deploy cyber security and identity theft protection solutions to virtual currencies.... 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