Payments News

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Crédit Agricole takes full control of CAWL

07 Jul 26 @ 19:12

Crédit Agricole has acquired Worldline’s shareholding in French merchant payments joint venture CAWL, taking full ownership of the business just two years after the partnership was established. While financial terms... read more

Worldpay Outage Disrupts Card Payments During England Match

30 Jun 26 @ 07:06

A technology outage at Worldpay left thousands of UK consumers unable to make card payments on one of the busiest evenings of the summer, disrupting transactions at supermarkets, pubs and... read more

Digital Euro moves closer to reality in Europe

25 Jun 26 @ 19:24

The European Union has taken a significant step towards creating a digital euro, with the European Parliament’s Economic and Monetary Affairs (ECON) Committee approving its negotiating position on the legislation... read more

Santander moves from AI experimentation to execution

23 Jun 26 @ 18:51

AI is rapidly shifting from a future ambition to a measurable business driver across the banking industry, and Banco Santander is positioning itself at the forefront of that transition. The... read more

ACI Worldwide joins Wero push for payments independence

16 Jun 26 @ 18:14

The European Payments Initiative (EPI) has secured another important ally in its ambition to create a pan-European alternative to international card schemes, with ACI Worldwide agreeing to integrate the Wero... read more

Revolut co-founder steps aside

10 Jun 26 @ 17:02

Revolut co-founder Vlad Yatsenko is stepping down from his role as chief technology officer, marking the most significant leadership transition in the company’s 12-year history and signalling a new phase... read more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions across the continent are increasingly questioning Europe’s dependence on international payment... read more

Fiserv faces a difficult reset amid revenue declines

07 May 26 @ 16:29

Fiserv has entered 2026 under clear pressure, with its latest quarterly results underlining the scale of the challenge facing one of the payments industry’s largest incumbents. The group reported adjusted... read more

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a transaction that could value... read more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fintech. The transaction brings in... read more

France’s CB and the new battle for European payments sovereignty

28 Apr 26 @ 18:14

France’s domestic card scheme Cartes Bancaires (CB) is attempting to reassert itself at a moment when Europe’s dependence on US payment networks is attracting renewed political and commercial scrutiny. For... read more

ACI Targets US Payments Fragmentation with Connetic platform

28 Apr 26 @ 18:14

ACI Worldwide has launched a major expansion of its Connetic platform in the US, positioning the service as a response to the growing complexity faced by banks operating across multiple... read more

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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

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

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more