Issuing & Acquiring

Showing Latest Issuing & Acquiring

BBA members vote in favour of trade association merger

13 Jun 16 @ 12:28

Members of the BBA have voted for the organisation to consolidate with three other bodies to form a new trade association for the finance sector. The BBA will now join... read more

Walmart Canada stops accepting Visa

13 Jun 16 @ 10:19

Walmart Canada says it will no longer accept Visa cards after it failed to agree a deal with the card company. Fees applied to Visa card purchases “remain unacceptably high,”... read more

Strong commitment for pan-European instant payment launch

10 Jun 16 @ 09:09

EBA CLEARING has announced that close to 40 financial institutions operating across SEPA have committed to supporting and funding the development and implementation of its pan-European instant payment platform. The... read more

Cyber security bulletin – overall statistics for 2015

09 Jun 16 @ 14:22

Cyber security – The year in figures In 2015, there were 1,966,324 registered notifications about attempted malware infections that aimed to steal money via online access to bank accounts. Ransomware... read more

Companies stockpiling Bitcoin against cyber attacks

09 Jun 16 @ 13:59

A study among UK companies reveals that many of them are building a reserve in various crypto currencies, such as Bitcoin, in order to pay off criminals in case of cyber... read more

New tokenization payment rail enabling banks to monetize PSD2 compliance

08 Jun 16 @ 11:01

Token, a new payment network and API ecosystem enabling banks to quickly transform the PSD2 compliance threat into a revenue generating opportunity, has launched. Based on proprietary and patent-pending ‘programmable... read more

ACI enables PSPs and challenger banks to access UK Faster Payments

08 Jun 16 @ 10:27

ACI Worldwide has announced a collaboration opening up access to the Faster Payments Scheme in the UK for a significant number of financial institutions, including challenger banks and payment service providers... read more

SIA partners with Raphaels Bank

07 Jun 16 @ 11:27

SIA announced a partnership with Raphaels Bank to develop and launch payment solutions in SEPA . As part of the agreement, Raphaels and SIA will offer SEPA payments services to clients through... read more

European Commission approves Visa Inc.’s acquisition of Visa Europe

03 Jun 16 @ 09:57

Visa Inc. announced that the European Commission has approved the proposed acquisition of Visa Europe by Visa Inc. Visa has now received all regulatory approvals required for the acquisition.  The... read more

Credit cards come back as UK moves towards a cashless society

01 Jun 16 @ 11:35

There has been significant growth in the acceptance of credit cards and contactless card payments by small and medium enterprises (SMEs), new research from East & Partners Europe shows. Since... read more

What are the key trends in payments for 2016: Tieto Interview

27 May 16 @ 15:49

Several themes from 2015 will continue trending this year. Mobile payments will keep being one of them. Large players like Apple and Samsung have expanded their geographical presence with their... read more

Swift hack probe expands – North Korea blamed

27 May 16 @ 13:26

Investigators are examining possible computer breaches at as many as 12 banks linked to Swift’s global payments network that have irregularities similar to those in the theft of $81 million... 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