Issuing & Acquiring

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UK set to make 120 million payments a day

19 Oct 15 @ 12:00

An all-time record 44 billion payments will be made in 2024, up 3.4 billion over 10 years, equating to 120 million payments per day. The increase will be driven by... read more

A million new ATMs installed in five years

12 Oct 15 @ 12:06

The worldwide ATM installed base grew 7% in 2014, to reach three million units, according to RBR’s newly published Global ATM Market and Forecasts to 2020 report. This comes just... read more

Concerns continue amid US EMV liability shift

12 Oct 15 @ 07:21

Policy makers in the US voiced concerns at a meeting last week that credit card networks and issuers have failed to effectively explain the implications of the Oct. 1 EMV liability shift... read more

JCB starts trials of payment by palm vein authentication

07 Oct 15 @ 10:34

JCB will be conducting a trial of payment using palm vein authentication in corporation with Fujitsu  and Fujitsu Frontech. The trial will be held at the JCB World Conference in... read more

EBA Clearing RFP for pan-European instant payments

06 Oct 15 @ 15:42

The bank-owned provider of several key payments infrastructures in Europe, EBA Clearing, has launched an RFP for a technical solution provider. The RFP is the next phase in its offering of a... read more

New settlement model for Faster Payments

05 Oct 15 @ 16:39

A new simpler way to guarantee settlement between banks of payments made through Faster Payments, the UK’s 24/7 real-time payments service, has been introduced as part of changes announced today... read more

BNP Paribas trails dynamic CVV card codes

02 Oct 15 @ 12:54

BNP Paribas is set to pilot Oberthur’s OT Motion Code technology, replacing the three-figure CVV code on the rear of a card with a dynamic CVV small screen display that automatically... read more

Turkey launches a national payment system

02 Oct 15 @ 10:11

Turkey is set to launch a national payment system, the national payment scheme is due to be implemented by 2016 and is currently being branded as TROY. “Our sector is moving fast, both locally and... read more

US EMV migration will take years

01 Oct 15 @ 14:54

Its October the 1st. The deadline for US merchants to accept secure chip-enabled credit and debit cards,the US EMV migration, may take years for the conversion to be fully implemented. “Realistically,... read more

European real-time payments progress

01 Oct 15 @ 11:26

While the outlook for real-time payments in the US market remains fragmented and uncertain for the time being, in Europe the pace of development and usage is quickening and real-time payments (or... read more

Discover start accepting Apple Pay

23 Sep 15 @ 16:06

Discover has announced it will integrate with Apple Pay. Apple Pay already accepts users with MasterCard, American Express, and Visa, and Discover’s participation means Apple Pay is now compatible with all... read more

$20 trillion spent on payment cards worldwide in 2014

16 Sep 15 @ 19:59

New research by RBR shows that the number of payment cards in circulation worldwide increased by 11% in 2014 to reach 12 billion, largely driven by strong growth in Asia-Pacific... 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