Issuing & Acquiring

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65% of banks struggling with payment profitability

24 Sep 19 @ 08:19

Based on a global survey of senior executives at the world’s top-tier banks, a new report from Aite, reveals that high costs, low margins and increasingly commoditised business models are... read more

Santander launches JCB merchant acquiring operations in Spain

17 Sep 19 @ 08:30

Banco Santander (Santander), has launched JCB merchant acquiring operations in Spain following a license agreement with JCB International (JCBI). Thanks to this new alliance, Santander facilitates JCB acceptance at Santander-acquired... read more

Visa announce 3.7 million EMV merchant locations reducing fraud by 87% in US

13 Sep 19 @ 09:43

Visa has recently reported that the number of locations that accept EMV cards in the US has increased from 3.1 million to 3.7 million during H1 2019. In total, some... read more

Central Bank of China gears up to launch regulated digital currency

09 Sep 19 @ 08:28

As was recently reported from the China Finance 40 Group, a senior official at China’s central bank announced  that the country will soon roll out its central bank digital currency (CBDC.)... read more

FinTech mega-deals lead to record-breaking $120 billion transaction value in H1 2019

20 Aug 19 @ 11:44

Three FinTech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed transaction value for the sector in a ‘white-hot’ first half of 2019, reveals the... read more

Global FinTech investments falls sharply – Trade war and poor economic outlook to blame

15 Aug 19 @ 13:09

According to a new report, global investments in FinTech has  fallen by 29% in H1 2019 as deal activity in China in particular fell sharply amid an escalating trade war... read more

Apple Card set for commercial launch in August

05 Aug 19 @ 12:21

Apple CEO Tim Cook said during the company’s fiscal third-quarter earnings call that the Apple Card will launch in August.The Apple Card, the company’s credit card that was announced at its services... read more

Mastercard betting big on acquisitions as volume increases 18%

02 Aug 19 @ 09:44

Mastercard has reported strong growth in its core business in Q2 2019, at a time when the network continues its push for contactless cards and development of the new Secure... read more

How 5G will revolutionise retail payments

31 Jul 19 @ 15:43

Retail has increasingly become a mobile function to meet the needs of a constantly on-the-go consumer base, especially with the rise in popularity of mobile e-wallets. The introduction of 5G... read more

FIS closes acquisition of Worldpay

31 Jul 19 @ 14:59

FIS announced the closing of its acquisition of Worldpay, creating a global leader in technology and solutions for merchants, banks and capital markets. The combined company will have over $12... read more

Visa in talks to acquire Nordic payment firm Nets

26 Jul 19 @ 11:56

Visa is reported to be among the companies looking at the acquisition of Nordic payment firm Nets, according to people familiar with the discussions. If agreed, a deal for the... read more

P27 Nordic Payments Platform to build first real-time payments system across the region

25 Jun 19 @ 09:49

The P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) have announced a partnership with  Mastercard to provide real-time payments across the Nordic... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more