Issuing & Acquiring

07 Mar 22 @ 10:01

Visa, Mastercard and American Express have suspended operations in Russia. The decision followed a request by Ukraine’s President Volodymyr Zelensky and threatens to further isolate a Russian economy facing crippling... read more

04 Mar 22 @ 12:29

For years, the cost and complexity of building financial services have restricted everyone but banking institutions from the space. Any non-financial brand that wished to offer its own lending or... read more

02 Mar 22 @ 17:58

A new study has found that global payment card shipment revenue for technology companies will reach $11.7 billion in 2026, from $9.7 billion in 2022. This 20% increase reflects new... read more

01 Mar 22 @ 16:43

Visa and Mastercard say they have blocked multiple Russian financial institutions from their network, complying with government sanctions. Visa said it was taking prompt action to ensure compliance with applicable sanctions,... read more

01 Mar 22 @ 09:49

RBR research shows that the number of contactless card purchases increased by 36% in 2020. Many hygiene-conscious consumers gravitated towards contactless payment methods during the pandemic to minimise contact with... read more

25 Feb 22 @ 13:00

No trend is more reliable than transaction banking (TB) retaining its much-vaunted position as the bedrock of commercial banking customer engagement and relationship management strength. Across cash management, payment processing... read more

25 Feb 22 @ 09:35

MUFG, Japan’s biggest bank, has announced it will shut GO-NET, the IoT payments solution it set up in 2019 as a joint venture with Akamai in which MUFG held an 80% stake. GO-NET... read more

23 Feb 22 @ 12:17

The Riksbank is investigating whether it is possible to issue a digital complement to cash, a so-called e-krona. Just like cash, the e-krona would be issued by the Riksbank and... read more

22 Feb 22 @ 09:30

Berkshire Hathaway, as has been widely reported, sold more than $3 billion in stock in the payment giants Visa and Mastercard – but why? According to a securities filing in... read more

21 Feb 22 @ 13:33

The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more

21 Feb 22 @ 08:00

Amazon.com reached an agreement with Visa to end the ban on accepting its cards across its network, ending the interchange fees standoff between the two that threatened to disrupt e-commerce... read more

09 Feb 22 @ 10:49

In the second of a two-part series on partnerships in payments , Payments Cards & Mobile (PCM) caught up with Jonathon Gould, Regional Managing Director, Global Acceptance, Asia Pacific at Discover... read more