Payments News

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UnionPay hits 5 billion issued mark

12 Jun 15 @ 13:20

China UnionPay aims to become a global bank card company, Ge Huayong, chairman of China UnionPay and UnionPay International, said on Wednesday. Ge made the remarks after a speech at... read more

Bitreserve launch free money transfer and currency exchange

11 Jun 15 @ 14:31

Bitreserve is now, according to a company statement, the world’s first zero-cost money transfer and currency exchange service. For the first time in history, the transfer, exchange and conversion of money... read more

Diebold set to buy Wincor Nixdorf

11 Jun 15 @ 12:30

US ATM maker Diebold is in talks about a possible acquisition of its troubled German rival Wincor Nixdorf , sources with knowledge of the negotiations say. Wincor is being advised by... read more

Judo Payments confirmed as payments platform provider for Apple Pay

10 Jun 15 @ 11:38

Judo Payments has confirmed its announcement as one of the payments platform providers selected to support Apple Pay when it launches in the UK in July. The integration of judo’s technology... read more

Ixaris announce €4m Open Payments Ecosystem project

10 Jun 15 @ 09:20

Ixaris has announced the initial phase of its €4m Open Payments Ecosystem (OPE) project. The pioneering two year project is financially backed by EU Horizon2020 under the Open Disruptive Innovation Scheme... read more

Apple Pay comes to the UK in July

09 Jun 15 @ 14:17

Apple Pay is coming to the UK in July, enabling millions of Apple device owners to use the tech giant’s mobile payments service. So far, MasterCard, Visa, eight UK banks... read more

Apriva and Miura Systems deliver mPOS to US market

09 Jun 15 @ 14:14

Apriva, a provider of secure end-to-end wireless transaction and information solutions, and Miura Systems, a UK-based mPOS platform provider, have announced their partnership and product integration. The integration will certify... read more

PayPal launches One Touch Web in UK and Canada

09 Jun 15 @ 14:11

PayPal is bringing its One Touch for Web application to the UK and Canada, enabling consumers to pay for purchases online with a single click after their first log-in. PayPal... read more

Renault savings bank drives into UK market

08 Jun 15 @ 12:12

Renault Group is launching a UK retail savings bank through its financing brand RCI, offering high-interest-rate products in an attempt to attract funding. RCI Bank opens on Monday with a... read more

Federal Reserve to require same day payments

02 Jun 15 @ 13:10

The Federal Reserve Board announced it is taking public comment on whether to require member banks to move to same day payments. The request for comments comes after NACHA voted... read more

EVO and Deutsche Postbank reach agreement for the sale of Postbank P.O.S. Transact

01 Jun 15 @ 12:07

EVO Payments International (EVO) has reached agreement with Deutsche Postbank (Postbank) for the purchase of Postbank’s merchant acquiring business, P.O.S. Transact (POS Transact). In addition, EVO and Postbank will enter... read more

Visa’s new commercial standard for mobile payments

01 Jun 15 @ 11:54

Visa Inc. has announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new and mobile payments and commerce services. Visa’s new Digital... 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