Issuing & Acquiring

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Increasing appetite for mobile contactless payments in Germany

20 Aug 15 @ 10:27

Mobile contactless payments based mobile payments are gradually gaining prominence in Germany, with consumer preference for secure payment services also gaining ground, finds a new report by Timetric. According to... read more

Target agrees $67 million for Visa data breach

19 Aug 15 @ 11:41

Target has reached a $67m agreement with Visa over the massive data breach of customers’ payment data during the 2013 holiday shopping season that raised serious questions about the company’s data... read more

Bitnet and PAY.ON strategic partnership to enable simplified Bitcoin acceptance

19 Aug 15 @ 11:19

Bitnet, an enterprise bitcoin payments processor, and PAY.ON have entered a strategic partnership that will enable payment service providers globally to offer bitcoin as a payment method via PAY.ON’s RESTful API-based payment... read more

Apple Pay fights over fees with big Australian banks

18 Aug 15 @ 13:25

According to Sydney Morning Herald, Australia’s largest banks are fighting with Apple, as it tries to muscle Apple Pay into the hotly contested payments market. According to sources, fees are a big sticking... read more

US Debit interchange rates falling

17 Aug 15 @ 17:12

A new study by Pulse examined transactions made from 2004 to 2014 from more than 70 debit issuers involving 147 million debit cards and approximately 68,000 ATMs. Debit issuers received... read more

European Issuers can thrive in a tokenisation enabled ecosystem

17 Aug 15 @ 16:41

TSYS has announced the publication of a new white paper titled “How European Issuers Can Thrive in an Ecosystem Defined by Tokenisation-Enabled NFC Payments.” The white paper explains that the recent... read more

EVO and Raiffeisenbank form card acceptance alliance

14 Aug 15 @ 15:35

Global acquirer and payment service provider EVO Payments International has formed a strategic alliance with pan-European banking group Raiffeisenbank for card acceptance in the Czech Republic. As a result of... read more

American Express adds Apple Pay for US corporate cards

11 Aug 15 @ 16:48

American Express has announced that its corportate card portfolio will be activated for Apple Pay, allowing cardmembers to pay on the go with compatible Apple devices. The mobile payment option... read more

Poll: one in ten US consumers have received EMV cards

07 Aug 15 @ 16:41

The US migration to EMV is failing to gain momentum, with just one in 10 people receiving EMV cards, according to a new poll from GfK Public Affairs. Although the... read more

BW-Bank contracts Wordline for a further seven years

06 Aug 15 @ 16:36

Germany’s Baden-Württembergische Bank (BW-Bank) has extended its contract with global payment processor Worldline for a further seven-year term. The bank came to its decision based on the longstanding collaboration between... read more

US small businesses not ready for EMV

06 Aug 15 @ 16:31

A majority of US small business owners are unaware of the impending EMV1 liability shift coming in October, according to the latest Wells Fargo/Gallup Small Business Index conducted in mid-July.... read more

US comprises bulk of global card fraud losses

05 Aug 15 @ 17:04

New figures from payment industry researchers The Nilson Report show that the US accounted for 48.2% or $7.86 billion of gross losses worldwide on plastic cards in 2014. These figures... 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