Issuing & Acquiring

21 Apr 17 @ 16:10

Visa Inc. acquired Visa Europe, spent a lot, and says it has no regrests. Revenue climbed more than analysts expected in the fiscal Q2 and is expected to increase to the upper end of... read more

21 Apr 17 @ 13:45

This year marks 50 years since the introduction of the first ATM, which was put into use by Barclays in its Enfield branch in north London on 27th June 1967.... read more

20 Apr 17 @ 15:49

Mastercard has unveiled its next generation biometric card, combining chip technology with fingerprints to conveniently and safely identify cardholders for in-store purchases. South Africa is the first market to test the evolved... read more

19 Apr 17 @ 15:52

In December 2016, KrebsOnSecurity broke the news that fraud teams at a number of banks were seeing a pattern suggesting a widespread, malware based, payment card breach across some 5,000 hotels worldwide owned... read more

18 Apr 17 @ 13:39

Swift has revealed a service designed to help banks spot fraudulent messages and avoid a repeat of the now infamous Bangladesh Bank hack. Customers are able to integrate the service directly into... read more

18 Apr 17 @ 10:53

Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion... read more

12 Apr 17 @ 12:50

Hong Kong’s  central bank, the Hong Kong Monetary Authority is reported to be developing a prototype digital currency. The disclosure came in a Hong Kong legislative document published by the Legislative Council Panel... read more

12 Apr 17 @ 12:22

The future of payments won’t be about payments, it’ll be about data. Specifically the contextual data that travels with payment, rather than the payment message itself. Payment will cease to... read more

11 Apr 17 @ 15:10

Mastercard says the UK’s Competition & Markets Authority’s decision has cleared the way for the completion of the company’s planned acquisition of VocaLink. The CMA gave final approval for the proposed set... read more

11 Apr 17 @ 12:13

Open innovation is undoubtedly one of the drivers behind PSD2. However, the trend towards open banking and APIs is a global one that goes beyond European legislation. And effects more... read more

06 Apr 17 @ 17:17

Security scans performed on 60,000 Magento websites, the most popular e-commerce platform, show that 78% are missing critical security patches, while 5% are confirmed to have payment card data harvesting... read more

06 Apr 17 @ 16:37

Jamie Dimon, the CEO of JP Morgan Chase has come out in support of Donald Trump’s move to relax financial regulations, saying that the slew of new rules put in... read more