Payments News

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WorldPay acquires card payments service provider YESpay

06 Mar 13 @ 00:00

WorldPay, has today announced the acquisition of the YESpay group of companies, a leading payments services provider. Leveraging YESpay’s technology, WorldPay will offer its UK clients a complete payment service,... read more

PayOne files mobile payment patent infringement lawsuit against Home Depot

06 Mar 13 @ 00:00

PayOne has filed a patent infringement lawsuit against The Home Depot in the Northern District of California.  In its complaint, PayOne asserts that The Home Depot retail store deployment and... read more

Spire Payments acquires Thyron

04 Mar 13 @ 00:00

Spire Payments is delighted to announce the acquisition of Thyron Payments Systems, a recognised leader in the mobile payments market.  The purchase, which concluded today, sees Spire Payments solidifying its... read more

Growth in ATM withdrawal volumes suggests bright future for cash

27 Feb 13 @ 00:00

The global ATM market is set to continue to grow, largely as a result of huge projected growth in demand for cash withdrawal services in the coming years, particularly from... read more

EU regulators drop antitrust probe into e-payments market

25 Feb 13 @ 00:00

EU regulators will drop a 16-month investigation into a group of banks including HSBC, Deutsche Bank (DBKGn.DE) and BBVA (BBVA.MC), after it abandoned plans to launch a standardization process for e-payments, the... read more

Visa introduces Visa Ready Partner Program

25 Feb 13 @ 00:00

Visa has launched a new partner program designed to accelerate the introduction of innovative payment solutions globally and further drive the global migration from cash to electronic payments. ‘The pace... read more

Atos to spin off payments business

22 Feb 13 @ 00:00

Atos Origin reported a 6.6% operating profit margin on a turnover up 0.8% to €8.44 billion in 2012 from €8.78 billion a year earlier.  The UK and Ireland business unit... read more

Spend Rose 10% in 2012, FICO Data Reveals

18 Feb 13 @ 00:00

FICO released its quarterly UK cards data showing that average total sales per ‘classic” credit card hit a two-year high in December of £600.25, surpassing the level from December 2011 by... read more

American Express let users buy with Twitter

15 Feb 13 @ 00:00

Credit card company American Express has announced a partnership with Twitter that allows cardholders to purchase items by simply typing in a hashtag. For those unfamiliar with Twitter, the hashtag... read more

ig data platform launched for banks and merchants

13 Feb 13 @ 00:00

A revolutionary big data platform has been launched to close the transactional loop that’s currently broken every time a customer leaves a store with a paper receipt. Speaking at the... read more

U.S. Credit Card Issuer performance snapshot

12 Feb 13 @ 00:00

After a protracted decline beginning in mid-2009*, weighted average industry loss rates experienced a plateau in the fourth quarter of 2012.  Purchase volumes increased compared to both the prior year... read more

European Card Market growth continues to rebound

12 Feb 13 @ 00:00

Based on our analysis of recently released data from European central banks, The European Paymentys Cards Yearbook (http://www.paymentcardyearbooks.com) estimates that European card market growth rates continued to rebound in 2012... read more

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ETC Mining and the anatomy of a crypto scam

02 Mar 26 @ 11:25

Three months ago, I was approached by marketing representatives of ETC Mining, who paid $2,500 in Bitcoin for native advertising placement. On the surface, the ... more

Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Visa and Mastercard accelerate agentic payments through bank pilots

18 Feb 26 @ 13:35

The race to define the next phase of digital commerce via agentic payments has moved decisively into the banking mainstream. [caption id="attachment_57882"... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more