Payments News

Showing Latest Payments News

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

Visa sued by Australian competition watchdog

06 Feb 13 @ 00:00

Australia’s competition watchdog has sued credit card company Visa for alleged "misuse of market power". It has accused Visa of preventing customers from using a currency of their choice in... read more

Visa expands US roadmap for EMV chip adoption

04 Feb 13 @ 00:00

 Visa Inc. announced its support for a common U.S. debit solution and an expansion of Visa’s previously announced roadmap for EMV (Europay MasterCard Visa) chip card adoption in the United States to include a migration... read more

Trends in Transaction Banking: A Global Survey

04 Feb 13 @ 00:00

Transaction banking has outperformed investment and commercial banking in terms of revenue growth in the post-financial crisis period. To better position themselves for success, 82% of banks surveyed have reorganized... read more

Euro Commerce: The time is right for a European Retail Action Plan

01 Feb 13 @ 00:00

The Commission has published a package consisting of a communication on a European Retail Action Plan and a Green Paper on unfair trading practices in the supply chains for food... read more

Combining credit card and debit card rewards a hit with consumers

31 Jan 13 @ 00:00

Consumers respond positively to a combined rewards program for credit and debit cards.  According to a recent survey by  SYNERGISTICS Research entitled, Re-Engineering Credit Card Programs, three-quarters (75%) of Internet... read more

Russia’s universal electronic card goes live

31 Jan 13 @ 00:00

BPC Banking Technologies announces the completion of the processing center implementation for Russia’s Universal Electronic Card (UEC) – one of the key components of the e-government project. As per the... read more

Barclaycard and American Express to expand their global relationships

30 Jan 13 @ 00:00

Barclaycard and American Express have announced that they have agreed to expand the scope of their current global relationships with Barclaycard becoming an American Express card issuing partner in the... read more

There is only Plan A: get ready for SEPA in the next twelve months

30 Jan 13 @ 00:00

Are you excited yet? After more than a decade of the Single Euro Payments Area (SEPA) in the making, this most ambitious European Union (EU) integration project in the area... read more

Ingenico announces acquisition of Ogone

29 Jan 13 @ 00:00

Ingenico  announced it has reached an agreement in principle with Summit Partners to acquire Ogone, the leading pan-European online payment services provider for an enterprise value of €360 million.  This... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more