Issuing & Acquiring

Showing Latest Issuing & Acquiring

US readiness for EMV at a low point

23 Apr 15 @ 12:05

With a crucial deadline looming in 2015, the US payments industry will have only partially converted to the Europay-MasterCard-Visa (EMV) chip card standard by the end of that year. Indeed,... read more

Can you turn regulatory and payment scheme compliance into a competitive advantage?

21 Apr 15 @ 18:28

Regulatory compliance has long been viewed as a mandatory component and a ‘cost’ of doing business as a financial services provider, whether you are an issuer, programme manager or payment... read more

TNS set to accelerate UnionPay acceptance worldwide

15 Apr 15 @ 11:07

Transaction Network Services (TNS) has launched a new global card scheme gateway which will enable merchants and banks to quickly and easily connect with UnionPay for authorization and processing of... read more

Post Office to accept American Express

02 Apr 15 @ 11:30

The Post Office has announced it will accept American Express Cards in all of its 11,500 branches making it the largest UK retail network to do so. The introduction of American... read more

UK is the global leader in contactless payments

30 Mar 15 @ 12:16

According to a new research from Timetric, contactless payments have become a major tool for migrating consumer payments from cash to cards, particularly debit cards. “Contactless cards have gained popularity... read more

Vodafone wallet to accept contactless card payments

30 Mar 15 @ 11:01

Vodafone customers will soon be able to add bank cards to their Vodafone Wallet and use smartphones to pay for goods and services at contactless terminals. Following new agreements with... read more

Differing forecasts for mobile wallet

27 Mar 15 @ 12:39

Research and opinion on mobile payment trends contain conflicting predictions and conclusions, partly as a result of banks commissioning fewer market studies, leaving researchers to find a new starting point... read more

Türk Ekonomi Bankası launches mobile payment app using Visa’s HCE technology

26 Mar 15 @ 10:14

Türk Ekonomi Bankası (TEB) has announced it will launch a mobile contactless payment application, powered by Visa Europe’s HCE (Host Card Emulation) technology. The application will use the HCE functionality that... read more

Money laundering rules for digital currency to be put in place by UK government

20 Mar 15 @ 11:26

Setting out its approach to digital currency, the UK government has vowed to start applying anti-money laundering regulation to exchanges but also promising to put cash behind research into the potential... read more

Bitcoin users to approach 5 million by 2019

18 Mar 15 @ 10:20

A new report from Juniper Research has found that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3... read more

IBM to create blockchain-based digital payments infrastructure for central banks

16 Mar 15 @ 12:28

IBM is rumoured to be considering adopting the underlying technology behind bitcoin, known as the blockchain, to create a digital cash and payment system for major currencies, according to a person... read more

EU Parliament approves interchange fee caps

10 Mar 15 @ 17:12

The European Parliament has voted in favour of a bill to cap credit and debit card interchange fees. The bill, which will come into force in October this year, will... 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