Payments News

Showing Latest Payments News

MasterCard threat sees eBay shares hit hard

20 Mar 13 @ 00:00

eBay Inc  shares hit a new low for 2013 on Monday as concern mounted about the impact of a new "digital wallet" fee on the company’s PayPal business. MasterCard, one... read more

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

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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