Payments News

08 Apr 14 @ 19:06

New research from RBR reveals that the banking industry has migrated very few ATMs away from Windows XP, despite the long‑publicised end of support from Microsoft on 8th April 2014.... read more

31 Mar 14 @ 12:02

Increasing customer strength is requiring banks to focus on the front office once more, as they seek to generate revenue and grow market share, according to new research from Ovum*. The... read more

31 Mar 14 @ 10:43

TSYS announced that it has reached a long-term agreement to provide consumer credit processing services along with value- added capabilities for Virgin Money customers within the United Kingdom. Virgin Money... read more

31 Mar 14 @ 10:30

According to the recent IMRG Capgemini Quarterly Benchmarking Study, a third (32%) of all online sales were made over mobile devices between November 2013 and January 2014 – and this... read more

27 Mar 14 @ 10:42

Embattled Wal-Mart Stores has filed suit against Visa this week in U.S. District Court (Fayetteville) claiming the defendant conspired with large banks to fix interchange fees charged to merchants between Jan... read more

26 Mar 14 @ 13:00

Airlines will increase their focus on airline payments and new distribution channels such as mobile and social media over the next two years, according to WorldPay’s Alternative Payment and Distribution... read more

25 Mar 14 @ 15:21

eBay has suggested that its shareholders and customers are best served by keeping payment processor PayPal and the company together. Further, the e-commerce giant said it does not support activist... read more

24 Mar 14 @ 09:39

Advent International, ATP and Bain Capital (the “Consortium”) have today signed an agreement to acquire 100% of the share capital of Nets from the existing shareholders, a group of 186... read more

21 Mar 14 @ 11:12

As the Russian stock market collapses in the wake of US sanctions, closely followed by the EU,  Visa Inc and MasterCard Inc have stopped, without notification, providing services for payment... read more

19 Mar 14 @ 11:00

Irish consumers continued to change their payment habits in 2013, switching to debit card usage and reducing the number of cheques used when paying for goods and services. Since 2005,... read more

19 Mar 14 @ 10:48

MasterCard is eyeing a slice of the expected exponential growth from the emerging African market in coming years, particularly as mobile payments surge, Aaron Oliver, the head of emerging payments... read more

19 Mar 14 @ 09:29

The World Bank conducted a survey in 2010 to better understand the Outcomes of the global payment systems. 6 key factors were identified as having triggered the reform of payment... read more