Issuing & Acquiring

Showing Latest Issuing & Acquiring

Debit cards to overtake cash payments by 2021

25 May 16 @ 15:30

Industry experts predict that debit cards are on track to become king in 2021 when they will take over from cash to become the UK’s most frequently used payment method,... read more

Nets migrates to WAY4 to advance its banks card business

25 May 16 @ 09:40

Nets, the household name in Scandinavian payment processing, is on-boarding Nordic issuer portfolio’s in credit cards and sales finance onto WAY4, the e-payment processing framework developed by OpenWay. Card portfolios... read more

50% of US population uses mobile banking

23 May 16 @ 13:10

Half of the US adult population now uses mobile banking on smartphones and tablets, which is 29 million more than last year. This dramatic shift in consumers’ channel preferences puts pressure... read more

SWIFT outline path to Distributed Ledger Technology adoption

23 May 16 @ 11:32

SWIFT has announced the availability of a new paper investigating how Distributed Ledger Technologies (DLTs) could be used in financial services. Published in collaboration with Accenture, the paper is based on... read more

Worldpay declares war on cash register

20 May 16 @ 13:39

Worldpay is threatening to make the manual cash register obsolete with a new payment device. The payment processor claims that its all-in-one tablet-based till will completely change how small business... read more

Breach trends drive PCI DSS update

20 May 16 @ 13:32

The PCI security standards council (PCI SSC) has published an update to its global data security standard. PCI DSS Version 3.2 replaces version 3.1 to address growing threats to customer... read more

Real-time payments: The need for speed

19 May 16 @ 11:24

Consumer-facing technology brands have done much to reset customer expectations around speed, but also convenience, value and choice. Consumers can send and receive e-mail across the globe almost instantly. They... read more

ATM is the New Skimmer – Skimer mutates

18 May 16 @ 14:02

A Russian-speaking Skimer group forces ATMs to assist them in stealing users money. Discovered in 2009, Skimer was the first malicious program to target ATMs. Seven years later, cyber criminals... read more

Opportunities unlocked by revised PSD2

18 May 16 @ 12:33

By 2020, more than 50% of all UK retail sales could be ecommerce and contactless, growing by more than 2.5 times from 18% currently. At least 30% of these will... read more

ECB steps up cyber attack offensive

17 May 16 @ 13:15

The European Central Bank will set up a database to register incidents of cyber attack and cyber crime at commercial banks, aiming to create an early warning and analysis system... read more

VocaLink in UnionPay ATM tie-up

17 May 16 @ 13:11

VocaLink, the British operator of the Faster Payments service, has announced a five-year deal with UnionPay International to enable UnionPay cardholders to access ATMs across Europe and the UK. Under... read more

Durbin stirs US market for mishandling rollout of EMV cards

17 May 16 @ 13:01

Sen. Dick Durbin has blasted the card network-dominated group that sets the standards for EMV cards, accusing it of mishandling the rollout of more secure credit and debit cards, lacking transparency and... 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