Issuing & Acquiring

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Barclaycard and UnionPay payment acceptance partnership in UK

05 Mar 19 @ 10:49

Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has announces a new card acceptance partnership with UnionPay International, a subsidiary of China UnionPay. The deal... read more

Payment Card Yearbooks: European payments continue to rise rapidly

04 Mar 19 @ 12:42

Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... read more

Apple Pay adoption continues to rise as 43% of base now registered

25 Feb 19 @ 17:13

In December 2018 on the earnings call for Apple, analysts were given several incremental data points on the usage of Apple Pay. It may seem like an insignificant piece of... read more

US spending snapshot: Electronic payments doubled year-over-year

25 Feb 19 @ 14:20

The U.S. Spending Snapshot shows growth in consumer spending via electronic payments like credit cards, debit cards and mobile wallets more than doubled year-over-year from the third quarter (Q3) 2017... read more

Show me the Data! A new source of value in payments

22 Feb 19 @ 12:06

From gateways to issuers, today’s payments providers have a treasure trove of data at their fingertips. By using it to generate insights into consumer purchasing behaviour, and coupling these insights with... read more

Cashless society? Lloyds announces scheme to boost retailers offering cashback

20 Feb 19 @ 12:11

Lloyds Banking Group in partnership with Visa has announced a new pilot scheme designed to boost access to cash, which will see local retailers paid to offer cashback to customers... read more

Card networks prepare to raise Scheme and Interchange fees

19 Feb 19 @ 14:55

Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... read more

Whats going on and where: Payments markets to watch in 2019

19 Feb 19 @ 07:52

As a leading payments market, credit and debit card payments account for the vast majority of the UK’s online purchases, particularly with the introduction of contactless. However, this doesn’t ring... read more

Ant Financial makes big step into Europe with $700 million WorldFirst deal

14 Feb 19 @ 21:28

Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal... read more

Contactless card limits around the world mapped

13 Feb 19 @ 16:51

ExpertMarket has released a new ‘tap map’ revealing the contactless card limits for 49 countries around the world. More of us than ever before are choosing to pay via contactless... read more

Global card expenditure to reach $45 trillion by 2023 – contactless driving growth

13 Feb 19 @ 16:35

Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13% on the year before. Although card expenditure is growing strongly, it... read more

One new bank account opens every 6 seconds in UK

05 Feb 19 @ 16:55

Banking customers are increasingly opening multiple accounts, particularly the younger generations, with up to a third of Millennials and Gen-Zs having opened at least two new accounts in the past... read more

Trending

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