Issuing & Acquiring

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

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

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

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

13 Jan 16 @ 11:04

The Royal Canadian Mint’s fledgling digital currency program, MintChip, has been acquired by local startup NanoPay which has plans to commercialize the technology this year. NanoPay, which has developed a mobile payment service it says... read more

06 Jan 16 @ 12:00

Global ATM cash withdrawal volumes grew by 7% in 2014 with a total of 92 billion withdrawals made, according to a newly published Global ATM Market and Forecasts to 2020 report.... read more

06 Jan 16 @ 11:35

Whilst many will put 2015 down as the year of hype for Bitcoin, this infograph shows that the predictions for the cryptocurrency are still grand.  

04 Jan 16 @ 12:48

UK-based company Fourex is rolling out self-service currency exchange machines across London’s underground network with a kiosk now live at King’s Cross station. Fourex machines enable customers to exchange notes... read more

23 Dec 15 @ 12:02

Visa and MasterCard account for 69% of the 2.9 billion payment cards issued in the nine countries in the Americas, and this share continues to increase. RBR’s study reveals that... read more

21 Dec 15 @ 14:00

Nearly two months ahead of the 1 February 20161 regulatory deadline which will require Eurozone Payment Service Providers (PSPs) to process SEPA payments using only the IBAN2 – rather than the BIC... read more

21 Dec 15 @ 13:41

Russia has launched its own domestic payment system, aiming to boost its financial independence and compete with international payment systems such as Visa and MasterCard. The launch of the Russian... read more

15 Dec 15 @ 12:32

Consumer spending has undergone a revolution over the past decade with restaurants, pubs and online retailers benefiting from the explosion in the use of payment cards, new data shows. A... read more