Issuing & Acquiring

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Bitcoin: The stats so far

09 Jul 15 @ 14:35

Has Bitcoin, the universal crypto currency, finally gone mainstream?

Card networks economics: Increased profitability post-IPO

07 Jul 15 @ 13:54

The card networks, Visa and MasterCard have grown significantly and altered their market approaches since their initial public offerings (Visa in 2008, MasterCard in 2006). While market headwinds, including the... read more

US merchant card processing fees rising

30 Jun 15 @ 10:24

With more Americans using credit, debit and prepaid goods to pay for goods and services, the merchant card processing fees to process those cards continues to rise. General purpose and private... read more

JCB begins card issuing in India

29 Jun 15 @ 16:04

National Payments Corporation of India (NPCI), an organization established by the Reserve Bank of India and being an umbrella for all India’s payments system, and JCB International say that both parties... read more

Banks adopting biometrics against fraud

24 Jun 15 @ 15:36

A new impact report finds that the use of knowledge-based analytics are on a fast decline, while various forms of behavioural analytics continue to see strong growth. The report, “Digital Channel Fraud... read more

Amex loses out at POS

22 Jun 15 @ 15:40

After years of prohibiting merchants who accept its cards from steering customers to other brands, American Express is being forced to lift those restrictions. The change comes after a federal judge... read more

Western Union remittance deal with MasterCard in Romania

19 Jun 15 @ 15:07

Western Union, the global remittance specialist, and MasterCard have entered into a deal that will enable remittances originated from nearly anywhere across the globe to be received on Maestro and... read more

UK cardholders spend £26 billion abroad

18 Jun 15 @ 15:44

Last year UK holidaymakers spent £26.4 billion using their cards overseas, making almost 14 transactions every second, according to figures from the UK Cards Association. For the first time annual... read more

ICA Banken goes contactless with Oberthur

18 Jun 15 @ 15:40

Oberthur Technologies, a global digital security solutions specialist, and Sweden’s ICA Banken have announced the launch of the first dual interface contactless payment cards in Sweden. ICA Banken and Oberthur... read more

Domestic Card Schemes in Europe – A Status

17 Jun 15 @ 16:48

The landscape of domestic card schemes in Europe has changed dramatically following the implementation of the European Economic Area, the Payment Services Directive and the SEPA Cards Framework. The domestic card... read more

Virgin Money chooses MasterCard for debit cards

15 Jun 15 @ 12:19

MasterCard has announced that Virgin Money has entered a long-term agreement to issue contactless-enabled MasterCard debit cards to the bank’s growing customer base. According to MasterCard, it has developed a strong... read more

UnionPay hits 5 billion issued mark

12 Jun 15 @ 13:20

China UnionPay aims to become a global bank card company, Ge Huayong, chairman of China UnionPay and UnionPay International, said on Wednesday. Ge made the remarks after a speech at... read more

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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