Issuing & Acquiring

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PEPSI: A European payment system to rival Visa and Mastercard?

12 Nov 19 @ 14:18

Twenty European banks are reported to be working on setting up a pan-European payment system in order to challenge the perceived dominance of Visa and Mastercard as well as technology... read more

Visa acquires stake in Nigeria’s Interswitch

12 Nov 19 @ 10:41

Visa has announced it will acquire a “significant minority” stake in Nigerian payments platform Interswitch. Interswitch did not provide financial details in its statement but media reports indicate that Visa... read more

Governance of payments industry a key trend for 2020

04 Nov 19 @ 14:04

The dynamic payments industry continues to expand and evolve, with digital payment vehicles and transaction volumes growing across the globe. Over the past year, industry incumbents have been responding to... read more

Infograph: Cross-border e-commerce sales poised for explosive growth

31 Oct 19 @ 14:54

Online businesses see a world of opportunity for cross-border e-commerce sales and executives are ready to take action. According to The Visa Global Merchant E-commerce Study,  e-commerce leaders globally view... read more

Kroger lifts ban on Visa cards due to interchange fee

31 Oct 19 @ 09:56

Kroger, the US’s largest grocer, says it will reverse three month interchange fee ban on Visa credit cards. “As of today, Kroger now accepts Visa credit cards at all our... read more

Continued growth in China cements UnionPay as the world’s largest card scheme

30 Oct 19 @ 16:55

New research shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10% since a year earlier. The research indicates that financial inclusion initiatives... read more

Report: Payment services for SMEs – Jump-starting digital payment services

30 Oct 19 @ 12:58

Financial inclusion for SMEs is a hot topic for European governments, financial institutions, banking representatives and small business associations. All recognise that SMEs are a significant part of the region’s... read more

Consumer purchase volume send Mastercard beyond results expectations

29 Oct 19 @ 10:47

Consumer purchase volume running through the Mastercard network rose by 14% during Q3 2019, accelerating slightly from Q2, driving revenue and earnings per share past Wall Street’s expectations. Revenue at... read more

Transbank selects AEVI to roll out digital in-store solution for business in Chile

29 Oct 19 @ 10:08

Transbank S.A. and AEVI announced a strategic partnership to help Transbank’s customers in Chile deliver omnichannel and digital in-store experiences for their merchants. Founded as a credit card processing intermediary... read more

Know your audience: why age matters in banking

28 Oct 19 @ 13:49

The banking industry is saturated with buzz words and all banks need to be seen to be advocates of these words, whether it’s Open Banking and PSD2, or agile work... read more

European payments industry forms new association: Payments Europe

22 Oct 19 @ 20:00

European and global card-based payment solution providers are coming together to strengthen the voice of the industry and to form a new association: Payments Europe. The new body represents card... read more

Transact Payments partner with Irish credit unions

17 Oct 19 @ 12:34

Transact Payments Limited (TPL) has teamed up with some of the largest Credit Unions in Ireland under the currentaccount.ie brand to roll out a full-service Current Account for Credit Union... 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