Processing & Systems

Showing Latest Processing & Systems

PCM Feature: Data Lakes gaining traction with payments businesses in Europe and North America

09 Sep 19 @ 15:54

‘Data Lakes’ are gaining explosive traction with payments businesses in Europe and North America. Proponents say they offer a more flexible, scaleable and cheaper data storage solution than traditional data... read more

FinTech mega-deals lead to record-breaking $120 billion transaction value in H1 2019

20 Aug 19 @ 11:44

Three FinTech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed transaction value for the sector in a ‘white-hot’ first half of 2019, reveals the... read more

Mastercard buys Nordic payments platform Nets for $3.19 Billion

06 Aug 19 @ 14:06

Mastercard has once again been the more aggressive as it muscled in front of Visa to buy the Nordic payments platform Nets for €2.85 billion ($3.19 billion), using its biggest-ever... read more

Why did Bank of America really terminate First Data JV?

06 Aug 19 @ 13:30

Bank of America recently announced it would end its electronic payment services joint venture with First Data next June, hours after Fiserv completed its acquisition of the payment processor. But... read more

FIS closes acquisition of Worldpay

31 Jul 19 @ 14:59

FIS announced the closing of its acquisition of Worldpay, creating a global leader in technology and solutions for merchants, banks and capital markets. The combined company will have over $12... read more

Start winning with omni-channel and Apple Pay

30 Jul 19 @ 11:50

Speed and convenience – these are the main ingredients consumers look for in a shopping experience today. If you’re short on either of these, big chances are your shop, either... read more

P27 Nordic Payments Platform to build first real-time payments system across the region

25 Jun 19 @ 09:49

The P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) have announced a partnership with  Mastercard to provide real-time payments across the Nordic... read more

OpenWay and Oracle to redefine digital payment processing in the cloud

19 Jun 19 @ 09:27

OpenWay has successfully tested its digital payment platform WAY4 in Oracle Cloud. Financial institutions can now use this solution to drive payment innovations of any scale and  optimise their operating... read more

Visa B2B Connect blockchain based payments network goes live

13 Jun 19 @ 12:48

Visa has launched its Visa B2B Connect network to help financial institutions process cross-border payments globally on behalf of corporate clients faster and at a lower operational cost, it said... read more

Money 2020: Quant network launches interoperable blockchain operating system for banks and financial institutions

05 Jun 19 @ 13:50

Quant Network, a UK-based technology company, have signed a partnership agreement to explore blockchain interoperability through an agnostic cross-platform blockchain operating system for applications and services belonging to banks and... read more

Money 2020: Tribe Payments launches with new UnionPay International service

03 Jun 19 @ 15:54

Tribe Payments launched today and has already achieved a key milestone with UnionPay International. Tribe is among the first issuer processors in Europe to be certified to allow banks to... read more

Update: Global Payments agree to pay $21.5 billion for TSYS

28 May 19 @ 09:09

Global Payments has agreed to acquire Total Systems Services (TSYS) for $21.5 billion. The companies announced the deal today. The reports had an immediate effect on the stocks of the... 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