Issuing & Acquiring

Showing Latest Issuing & Acquiring

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

Smart card IC shipments to reach 12.7 billion in 2019

31 Jul 15 @ 16:16

Shipments of smart card integrated circuits (ICs) are projected to increase from 9.6 billion in 2014 to 10.4 billion in 2015 and to 12.7 billion in 2019, according to research... read more

MasterCard pays out $61 million to settle Tesco interchange suit

31 Jul 15 @ 16:06

MasterCard has paid out $61 million to UK supermarket retailer Tesco in what is expected to be the first of several settlements by card schemes over interchange fee lawsuits lodged... read more

Instant payments at POS – overcoming customer and merchant barriers

29 Jul 15 @ 11:06

Over the past several years, instant payments have become an increasingly important part of the payments landscape. The Euro Retail Payments Board (ERPB), European Central Bank (ECB), European Payments Council... read more

CEE joint venture to provide merchant payment services

27 Jul 15 @ 15:38

Erste Group Bank AG (Erste Group) has entered into an agreement with Global Payments to establish a joint venture providing merchant acquiring and payment processing services (merchant payment services) to... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more