Issuing & Acquiring

15 Oct 19 @ 13:27

OpenWay has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months. In-store and digital acquirers... read more

07 Oct 19 @ 13:02

NatWest is piloting fingerprint based biometric credit card with 150 customers, in partnership with Mastercard and Gemalto, it is the first biometric credit card issued by a UK bank. The... read more

02 Oct 19 @ 10:05

In an unusual trend for a developed market, the number of credit card transactions in Canada has exceeded the number of debit purchase transactions for the first time since 1997,... read more

01 Oct 19 @ 07:57

PayPal has beaten off competition for payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... read more

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

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

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

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

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

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

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

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