Issuing & Acquiring

Showing Latest Issuing & Acquiring

Before and after instant payments

10 Oct 17 @ 12:34

How often have you got to the end of a project and wished you’d known something at the start? This is no bad thing because learning from one’s mistakes is... read more

EU launches Bank industry anti-trust probe into bank data sharing

09 Oct 17 @ 16:50

As the European Union prepares to usher in new data-sharing rules for banks and financial institutions, antitrust authorities are probing whether the banking industry is preventing rival FinTech services from... read more

Banks from nine countries to join EBA CLEARING’s instant payment system RT1

09 Oct 17 @ 12:13

EBA CLEARING says that banks from nine countries are preparing to join RT1, the Company’s pan-European infrastructure solution for instant payments in euro, on its go-live date in November 2017.... read more

Global websites hacked to allow crypto-currencies to be mined

09 Oct 17 @ 11:53

Hackers have managed to install code on the sites that uses visitors’ computers to “mine” the crypto-currencies. School, charities and file-sharing websites have been caught out by scammers who are... read more

Canadian banks wary of Opening Banking access to financial data

04 Oct 17 @ 10:00

As Open Banking in Europe continues to gather momentum, Canada’s banking industry has issued a warning to government about giving Canadians more control of their own banking data: proceed with caution.... read more

IMF chief gives serious backing to digital currencies going mainstream

04 Oct 17 @ 09:32

Christine Lagarde, head of the International Monetary Fund (IMF), warned central bankers that digital currencies are rising. Lagarde told them not to discount digital currencies, because they are gaining more adoption and... read more

An update on UK Open Banking API implementation

03 Oct 17 @ 11:16

In July the Open Banking Implementation Entity released specifications for the ‘Read/Write’ payment initiation and account information Application Programming Interfaces (APIs) that will go live in January 2018. This follows... read more

Lack of trust in Third-Party Providers as Open Banking rolls out across Europe

03 Oct 17 @ 09:28

Less than six months before the Revised Payments Service Directive (PSD2) makes Open Banking a reality across Europe, research from Accenture has found that two-thirds of consumers in the UK... read more

An elaborate ATM threat crops up: Network-based ATM malware attacks

02 Oct 17 @ 13:08

Infecting automated teller machines (ATMs) with malware (ATM malware) is nothing new. It’s concerning, yes. But new? Not really. We’ve been seeing physical attacks against ATMs since 2009. By physical, we... read more

The opportunities and challenges of payments processing in China

02 Oct 17 @ 12:50

China, boasted over $811.96 billion in e-commerce sales in 2016, 122 million outbound travellers, and a record number of students studying abroad. This has created a booming opportunity for global marketplaces, marketplace sellers, e-commerce... read more

Mastercard launch Early Detection System to combat card fraud after data breaches

02 Oct 17 @ 10:46

It can now take as little as 9 minutes for stolen card and account data to be used via the dark web. With this in mind, Mastercard has announced the... read more

Mastercard unveils next generation biometric card

29 Sep 17 @ 16:27

Mastercard has unveiled the next generation biometric card, combining chip technology with fingerprints to verify the cardholder’s identity for in-store purchases. South Africa was the first market to test the... 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