POS Terminals

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Global smart card market expected to reach $65 billion by 2025

14 Jan 20 @ 13:33

The global smart card market is expected to exceed $65 billion by 2025. The rise in privacy and data security concerns in financial transactions will drive the industry growth over... read more

Are payment cards still rising?

07 Jan 20 @ 13:39

Developments in technology leading to contactless payment cards have led to several trends in the past years. POS payments grew stronger while cash withdrawals at ATM by card declined; card... read more

Discover the most widely accepted card scheme worldwide

16 Dec 19 @ 16:55

New research shows that Discover remained the most widely accepted card scheme worldwide at the end of 2018. Global Payment Cards Data and Forecasts to 2024 shows that Discover cards... read more

Merchant acquirer report: Merchant services up for a challenge in 2020

11 Dec 19 @ 15:16

If merchant acquirers are to outperform increasing competition from new entrants, they must leverage platforms that integrate digital value-added apps and services from third parties rather than try to integrate... read more

Nets trials face payment in Copenhagen

09 Dec 19 @ 09:21

With the tagline ‘Hungry? Face it’, Nets has launched a pilot programme testing facial recognition as a face payment alternative payment method. Around 1,000 people – all working at Vibenshuset,... read more

Card payments are the preferred payment method for both consumers and merchants

06 Dec 19 @ 13:29

The European payments landscape has undergone a profound transformation over the past few years. According to an April 2019 report by the European Central Bank (ECB), electronic payments have grown... read more

Russian national payment system MIR set sights on European expansion

29 Nov 19 @ 15:30

MIR, the Russian payment system, launched in response to European and US sanctions, is reported to be preparing for launch in the European market. The reports say it will initially... read more

Elavon acquires Sage Pay

18 Nov 19 @ 16:16

As the payments market consolidation continues, Elavon has agreed to acquire Sage Pay, a well-known and established payments gateway business in the UK and Ireland. Sage Pay is a division... read more

FTC targets Visa and Mastercard in Debit card transactions enquiry

18 Nov 19 @ 10:51

The Federal Trade Commission (FTC) has initiated a preliminary inquiry on Visa and Mastercard for possibly prohibiting merchants from using other debit networks, Bloomberg Law reports. The regulator is looking... read more

What fraud teams need to know about Joker’s Stash

13 Nov 19 @ 18:35

The ecosystem for stolen credit card information comes in several varieties, ranging from low-tier markets selling recycled cards from past breaches, to those at the top tier, with unused card data that... read more

OpenWay improves speed-to-market for acquirers with WAY4 Acquiring Start

13 Nov 19 @ 15:38

OpenWay has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months.... read more

Bitcoin Suisse and Worldline to offer cryptocurrency payment acceptance in Switzerland

11 Nov 19 @ 14:44

Worldline and Bitcoin Suisse, the oldest and largest crypto financial-services company in Switzerland, have signed a letter of intent for a partnership to offer cryptocurrency payment services to Swiss merchants... read more

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Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more

Swedish court orders Google to pay Klarna-owned PriceRunner

07 Jul 26 @ 19:13

Google has been ordered to pay approximately $1.97 billion in damages to PriceRunner, the price comparison platform owned by Klarna, following a landmark compet... more