Payments News

13 Jun 17 @ 14:00

In recent Sanford Bernstein interview, Visa CEO Al Kelly, explained a number of opportunities and challenges facing the company, from Visa Europe to China and increasing digital payments. Kelly says in... read more

21 Apr 17 @ 16:10

Visa Inc. acquired Visa Europe, spent a lot, and says it has no regrests. Revenue climbed more than analysts expected in the fiscal Q2 and is expected to increase to the upper end of... read more

10 Mar 17 @ 09:25

CAST, a software risk prevention and analysis outfit, has revealed the findings of its latest CRASH report, the world’s largest real-life study of software quality in enterprise applications. The report exposes that... read more

31 Jan 17 @ 08:50

Mastercard has fought off a legal battle against a group of retailers including Asda, Morrison, New Look and Next in the High Court connected to interchange fees. Mastercard is fighting at least 10 separate lawsuits... read more

19 Jan 17 @ 10:53

PCM would like to announce the publication of the updated Payment Card Statistical Yearbooks 2016-17 (Statistics for Europe and Eurasia) – and its corresponding website paymentyearbooks.com. In this business, we know you need to... read more

18 Jan 17 @ 09:56

Earlier this month, the Competition and Markets Authority (CMA) announced that Mastercard acquisition of VocaLink would face an in-depth investigation, unless the companies could address the CMA’s competition concerns over the... read more

12 Jan 17 @ 10:24

Japanese e-commerce giant Rakuten has announced the official launch of its commercial banking operations in Europe with Rakuten Europe Bank, headquartered in Luxembourg. Rakuten Europe Bank will offer banking services... read more

09 Jan 17 @ 12:58

A federal appeals court has rejected the US government’s AmEx antitrust case request that it reconsider its decision allowing American Express to stop merchants from encouraging customers to use rival cards... read more

08 Jan 17 @ 15:39

Walmart and Visa have ended an acrimonious and public battle over interchange fees that saw the Walmart refuse to accept Visa credit cards in its northern Ontario and Manitoba stores.... read more

04 Jan 17 @ 16:22

The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro and... read more

20 Dec 16 @ 10:36

Lloyds Banking Group has finalised the purchase of MBNA’s UK credit card business from Bank of America for £1.9 billion pounds in an effort to increase profit and reduce its reliance on... read more

24 Nov 16 @ 09:45

As the dreaded Black Friday draws nearer, iovation is predicting a significant increase in CNP fraud – fraudulent transactions where a credit card is not physically presented to a merchant... read more