Issuing & Acquiring

03 Jun 14 @ 14:24

Visa and MasterCard plan to continue to operate in Russia, following compromise agreements with the Russian government in the wake of the sanctions imposed on the country due to the... read more

02 Jun 14 @ 12:41

Swedish bank SEB is to sell its card acquiring business Euroline to private equity player Nordic Capital for SEK 2.2 billion. Euroline, which acquires Visa, MasterCard and Diners Club transactions... read more

22 May 14 @ 15:06

For the first time since Q4 2008, near the height of the credit crisis, year-over-year receivables increased by more than 1% in Q1 2014. Purchase volume increased by 7.0% on... read more

24 Apr 14 @ 11:01

Card Payments in Europe – Cards and payments at the POS and on the internet continued to drive significant growth in many European countries. The roll-out of contactless cards has started... read more

18 Mar 14 @ 15:21

Private equity firms Advent International and Bain Capital have entered exclusive talks to buy Danish card payment services company Nets Holding for more than €2 billion ($2.8 billion), two people familiar... read more

21 Feb 14 @ 15:25

ACI Worldwide  an international provider of electronic payment and banking systems,  has announced strengthened support for UnionPay, the largest card network in the world. ACI’s clearing solution, ACI Interchange, opens... read more

18 Feb 14 @ 14:13

Through a sequence of product launches in the last years, the payment industry has stepped further into the focus of general public. Especially mobile acceptance initiatives are mushrooming around the... read more

11 Feb 14 @ 16:24

Competition among banks to gain new customers, and campaigns to replace low-value cash transactions with card payments, have driven significant levels of card issuance and rising card usage in the... read more

04 Feb 14 @ 12:41

With over R$690 billion (approximately US$300 billion) in card sales volume in 2012, the Brazilian market is the largest acquiring market in Latin America, and Brazil’s card volume grew at... read more

03 Feb 14 @ 16:56

US payments industry deployment of EMV technology accelerated in 2013 to help combat rising card fraud, but widespread industry adoption of US EMV still faces multiple obstacles. Merchants remain suspect... read more

21 Jan 14 @ 13:51

The recent Target security breach is set to generate a boom in demand for higher security, dual-interface cards, with US EMV adoption and shipments forecast to surge twentyfold from 2013... read more

20 Jan 14 @ 11:57

Elavon has been selected by mobile payments provider iZettle to provide the back-end card payment processing which aids its services to small businesses across countries including the UK and Spain.... read more