Issuing & Acquiring

Showing Latest Issuing & Acquiring

Is Amazon a bank: ramps up lending in challenge to big banks

12 Jun 17 @ 16:33

Amazon.com said Thursday that its Amazon Lending service has surpassed $3 billion in loans to small businesses since it was launched in 2011. Amazon is planning to expand its lending to... read more

92% of FI’s surveyed ready to originate Same Day ACH debits

09 Jun 17 @ 12:28

NACHA—The Electronic Payments Association, the steward and rule maker of the ACH Network, has released results from a March-April 2017 qualitative survey of 24 financial institutions representing two-thirds of ACH... read more

Bitcoin Infograph – An insight on past events and what lies ahead

08 Jun 17 @ 09:34

Bitcoin is a cryptocurrency that operates independently without banking institutions and the government, there’s nothing physical about it – all virtual! It’s non-tangible, but renders gains for real. It flows... read more

Atom bank cites regulatory uncertainty – postpones current account launch

06 Jun 17 @ 16:57

Atom bank, the UK’s first app-based bank, is reported to be delaying the launch of consumer current accounts until at least 2018. Atoms CEO blames forthcoming regulations that make the UK’s personal banking market too... read more

UK e-commerce market reaching new heights – Infograph

06 Jun 17 @ 16:44

As the first and largest e-commerce market in Europe, the UK is showing no signs of slowing down. With a population of 65.14 million, 77% of whom are e-shoppers, and... read more

The role of analytics in the new open banking age

06 Jun 17 @ 12:12

What is a bank? The definition is in flux. As the regulatory-driven Open Banking agenda powers innovation and accelerates the fragmentation of a heavily concentrated banking market, incumbent banks must... read more

New FIME tool qualified by EMVCo for Level 1 Testing

02 Jun 17 @ 12:23

FIME has completed its EMV Level 1 testing portfolio with the launch of EMVeriPOS. The new tool ensures that the communication between payment terminals and contact EMV chip cards is in... read more

94 million Americans store their card information online

01 Jun 17 @ 16:36

Concerns about identify theft and credit card fraud aren’t stopping most Americans from storing their credit and debit card information online, a new report reveals. Two out of every three... read more

E-commerce fraud has decreased nearly 35% since 2016

01 Jun 17 @ 13:58

E-commerce fraud as a percent of sales dollars has been declining across the board, except for two industries, since the first quarter of 2016. However, fraud losses still account for... read more

Cybercrime will cost businesses over $2 trillion by 2019

01 Jun 17 @ 09:23

New research suggests that the rapid digitisation of consumers’ lives and enterprise records will increase the cost of cybercrime via data breaches to $2.1 trillion globally by 2019, increasing to... read more

Spanish banks launch blockchain network Red Lyra

31 May 17 @ 11:16

A multi sector consortium of Spanish companies which are pioneers in their different industries has created the Red Lyra, the first multi sector technology platform in the world based on... read more

First Data to acquire CardConnect for $750 million

31 May 17 @ 09:33

First Data has agreed to acquire smaller payments processing company CardConnect in a deal worth around $750 million, the companies said on Tuesday. First Data will pay $15.00 per share in cash for... read more

Trending

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