Processing & Systems

Showing Latest Processing & Systems

Tap to Mobile: How micromerchants are adapting to a cashless world

16 Aug 22 @ 12:03

A new white paper from Tietoevry explains how categories of merchants traditionally reliant on cash are now adapting to a cashless world. After COVID-19, Europe’s long and slow decline in... read more

Apple Card: An important lesson in Issuing a digitally native card

12 Aug 22 @ 13:55

When Apple launched its Apple Card credit card in 2019, it was touted as a gamechanger, with the usual levels of simplicity and transparency that users expect from Apple products. Behind the... read more

Russian Central Bank want to eradicate “toxic” foreign currencies from system

12 Aug 22 @ 13:29

The Central Bank of the Russian Federation wants the government to order state companies to convert their foreign-exchange holdings into the currencies of countries that haven’t joined sanctions imposed by... read more

Reserve Bank of Australia to explore use cases for CBDC

11 Aug 22 @ 13:35

The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC).... read more

Tietoevry considers floating banking unit on stock exchange

03 Aug 22 @ 09:00

Tietoevry has decided to initiate a strategic review of Tietoevry Banking, including a process to study the potential separation into an independent company that would be listed on a stock... read more

Apple hit with class action antitrust violations over Apple Pay

20 Jul 22 @ 09:44

Apple has been sued in a proposed class action by payment card issuers accusing it of abusing its market power in mobile devices to thwart competition for the Apple Pay... read more

Instagram launch In-Chat payment using Meta Pay

19 Jul 22 @ 12:15

Instagram has announced a new “Payments in Chat” feature using Meta Pay. This will allow consumers to purchase directly from qualified small businesses’ direct messages on social media. Payments on... read more

The red flags to watch with new payments platforms

18 Jul 22 @ 12:29

As digitisation continues apace, many prominent financial institutions (FIs) are choosing to carry on running their core business on outdated payments technologies that can’t sustain the ever-increasing pace of progress... read more

Keynote: The BIS on crypto and DeFi

13 Jul 22 @ 10:25

This week sees the 36th Annual General Meeting of the International Swaps and Derivatives Association, held in Madrid. As part of his Keynote speech Pablo Hernández de Cos, Chair of the... read more

Banking Circle to put USDC stablecoins onto its payment rails

11 Jul 22 @ 09:33

Banking Circle is moving into the virtual assets market with a new service for Banks and Payments businesses, by adding USDC stablecoins to its payment rails for payment acceptance, processing... read more

Mambu enters strategic partnership with Visa

07 Jul 22 @ 17:46

Mambu has announced a global partnership with Visa in order to utilise Visa DPS – one of the largest processors of Visa debit transactions globally. The partnership will give Mambu customers... read more

Why the two most common approaches to PSD2 compliance don’t work

28 Jun 22 @ 16:27

It’s been two months since PSD2 enforcement started in the UK, and we have taken a look at data from merchants to see what patterns are emerging and what we... read more

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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

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more