Issuing & Acquiring

Showing Latest Issuing & Acquiring

The cheque is dead – Long live the cheque

04 Feb 16 @ 16:39

On learning that his obituary had been published, Mark Twain telegraphed: “Reports of my death are greatly exaggerated”. The same could be said of the cheque.

Interchange regulation begins to take effect in Europe

04 Feb 16 @ 15:24

As of December 9, interchange regulation, which caps rates in Europe are now capped at 30 bps for credit cards (commercial cards excluded) and 20 bps for debit and prepaid cards.

US EMV activity rising steadily

03 Feb 16 @ 15:55

US EMV activity rising steadily, but some industry observers bemoan the slow EMV adoption in the United States since 2015.

Number of UK e-money providers more than doubles over two years

03 Feb 16 @ 12:42

There has been a sharp rise in the number of e-money providers registered with the Financial Conduct Authority (FCA) over the last two years, with 79 now authorised in total,... read more

MasterCard and Visa post strong earnings

01 Feb 16 @ 12:23

Rival payment processors MasterCard and Visa both posted higher earnings than Wall Street expected as US customers increased card spending at the end of 2015, a period including the lucrative holiday shopping season. MasterCard... read more

Visa launches Visa Commerce Network

01 Feb 16 @ 12:12

Visa Inc. has launched Visa Commerce Network, a new way for merchants to create online and in-app commerce experiences to acquire new customers, drive loyalty and increase sales with relevant offers.... read more

Counting the costs of cybercrime

29 Jan 16 @ 10:38

The recent publication of cybercrime statistics by the Bundeskriminalamt (BKA), the German Federal Criminal Office, raises almost as many questions as it answers. As with any official cybercrime statistics, perhaps... read more

Electronic payments grow faster than GDP across all regions

28 Jan 16 @ 13:38

Non-cash payment volumes are expected to continue to grow strongly in 2014, according to the World Payments Report 2015 from Capgemini/Royal Bank of Scotland. Volumes are projected to grow at... read more

TSYS to acquire TransFirst for $2.35 billion

27 Jan 16 @ 09:05

TSYS announced it has entered into a definitive agreement with Vista Equity Partners to acquire TransFirst, a Vista portfolio company and leading US merchant solutions provider, in an all-cash transaction valued... read more

United Bank of Africa launches Smartmoney with Visa

21 Jan 16 @ 11:41

Visa, in partnership with United Bank of Africa  (UBA) has announced the launch of SmartMoney, a new banking solution comprising a prepaid card and a mobile app for the African market.... read more

Verve payment cards launch in Kenya

19 Jan 16 @ 11:46

Nigerian digital payment provider Interswitch is to launch its Verve payment cards in Kenya in 2016 to compete head-on with international card brands and Safricom’s M-Pesa mobile money platform. A... read more

Bitcoin was Top Performing Currency of 2015

13 Jan 16 @ 11:12

For most investors, the major story of 2015 was the expectation and eventual fulfillment of a rate hike, signalling the start of tightening monetary policy in the United States. This... read more

Trending

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more