Issuing & Acquiring

Showing Latest Issuing & Acquiring

SIA makes €375 million acquisition of First Data’s European card processing unit

25 May 18 @ 12:47

SIA and First Data have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these... read more

How is the on-demand economy impacted by fraud?

24 May 18 @ 17:31

The term on-demand refers to the way in which a good or service is sold as opposed to what is sold. The primary characteristic of on-demand is that the customer... read more

The Chargeback Triangle – what happens when transactions go wrong?

24 May 18 @ 12:45

Chargebacks were a $31 billion problem in 2017 — a burden that extends far beyond the liability for disputed transactions. Complying with complex and arcane rules that vary across networks... read more

US banking market on the road to consolidation of its 5,600 banks

24 May 18 @ 11:50

The US banking industry has largely sat out the M&A wave of recent years. While deal records have fallen in almost every other sector, big banks have done almost nothing,... read more

Internet of Payments (IoP) – Is this the future of Paying?

23 May 18 @ 20:02

Today, there are more objects enabled with Internet access than ever before – from smartwatches and kitchen appliances to vehicles. Intelligent devices can, in principle, do all sorts of things... read more

Smart Payments Association position on the RTS on SCA

23 May 18 @ 16:46

On 13 March 2018, the regulatory technical standard (RTS) on strong customer authentication (SCA) was finally published in the Official Journal of the European Union – some twenty months after... read more

OSPT Alliance launches CIPURSE training program with FIME

23 May 18 @ 09:03

Global technical association, OSPT Alliance has collaborated with FIME to develop and launch a technical training program. It will educate security, ID, payment, access control and transport players on the... read more

Cloud scalability seduces the financial sector – but there are challenges

21 May 18 @ 20:58

The financial sector, while forging ahead in other areas of digital transformation, has been relatively slow to adopt the cloud and there has been good reason for it: banks have... read more

Windows 10 ATM Migration – ATMs set for another countdown shakeup

21 May 18 @ 16:46

A few  years ago, most banks and ATM network operators were breathing a sigh of relief as they completed their final ATM migration upgrade to Windows 7. Although ATM migration... read more

PayPal acquires iZettle for $2.2 billion

18 May 18 @ 08:49

PayPal is reported to be acquiring mPOS specialist iZettle for $2.2bn. PayPal is paying double the amount that iZettle, which is focused on Europe and Latin America, was targeting in its IPO,... read more

Next phase of digital disruption arrives on the rails of real-time payments

17 May 18 @ 11:33

As of late 2017, more countries and regions joined the global real-time payments movement. With the arrival of European Banking Association Real-Time 1 (EBA RT1), SEPA Instant Payments, The Clearing... read more

Swift Network caught in the middle of EU Vs US sanctions showdown

17 May 18 @ 11:10

The Swift network, whose financial messaging system facilitates cross-border payments, has been caught in the middle of the US and EU showdown over how to handle one of the linchpins... 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