Payments News

09 May 13 @ 00:00

Branch closures result in customer losses according to a recent survey by SYNERGISTICS Research entitled, Branches in a Digital Age.  In response to branch closures during the past year, three... read more

09 May 13 @ 00:00

The Chinese ATM market is already huge, but that did not stop it expanding by 76,000 ATMs in 2012 to reach 415,000 – two and a half times its size... read more

08 May 13 @ 00:00

FIS has been selected by Sainsbury’s Bank as the bank’s technology partner for all its retail banking operations. Under the terms of this strategic multi-year arrangement, FIS will provide real-time core... read more

07 May 13 @ 00:00

Supermarket giant Sainsbury’s is on the verge of buying out Lloyds Banking Group‘s 50% stake in its financial services arm Sainsbury’s Bank. Sainsbury’s Bank was set up as a joint venture between the... read more

30 Apr 13 @ 00:00

A group of Norwegian banks have discovered new opportunities in the card and payments industry. Driven by a large young generation and high online usage, tapping into the younger generation... read more

29 Apr 13 @ 00:00

The card networks are reporting progress among issuers and acquirers in the U.S. transition to EMV-chip cards, but some big retailers are still lashing out against the expectation that they... read more

26 Apr 13 @ 00:00

The undisputed number one player in the smart card industry, Gemalto, recently confirmed its status higher than expected first-quarter sales. This positive trend is noticeable in all of the company’s... read more

26 Apr 13 @ 00:00

Over 120 million transactions are lost each year in the UK through people leaving shops because they can’t pay by card, according to new research from Judo, the UK’s first... read more

11 Apr 13 @ 00:00

A number of players – particularly non-bank organizations – are actively marketing general-purpose prepaid cards to the unbanked and under-banked segments as a viable alternative to a checking account. According... read more

10 Apr 13 @ 00:00

Total ACH payment volume grew to over 21 billion transactions[1] in 2012, up 4.19 percent over 2011, according to new statistics released today by NACHA – The Electronic Payments Association.... read more

09 Apr 13 @ 00:00

Already investigating credit-card giant Visa, the European Commission launched Tuesday a fresh anti-trust probe into its rival MasterCard over payment of inter-bank fees. The Commission said it had concerns that... read more

08 Apr 13 @ 00:00

 A ban on "excessive" debit and credit card charges begins on Saturday 6 April. Consumers booking a range of items from cinema tickets to hotel rooms now have new protection from... read more