Processing & Systems

11 Oct 18 @ 09:18

The French bank Natixis is reported to be reviewing a potential deal with Ingenico as the companies look to expand in the rapidly consolidating payments sector. In a statement today,... read more

24 Sep 18 @ 12:48

Visa and Mastercard will have to continue rolling with the punches as it becomes clear that even the record $6.2 billion settlement made last week won’t be enough to end... read more

19 Sep 18 @ 09:56

Visa and Mastercard along with a group of their top US acquirer banks have proposed a $6.2 billion settlement of the long-running antitrust lawsuit over the interchange fees they charge... read more

13 Sep 18 @ 09:00

GRAFT (Global Real-time Authorizations and Funds Transfers), a blockchain payment network innovator has announced that it has achieved its first end-to-end instant payment transaction (under 2 seconds) on the GRAFT Network.... read more

27 Aug 18 @ 09:00

Silk Way Bank launched a new successful project in Azerbaijan, based on Payments.iQ, within the framework of the program to improve customer service and popularise cashless payments. SWPay is a... read more

23 Aug 18 @ 11:44

The race to digital is rattling the payment ecosystem with more choice for consumers adding complexity across the payment value chain – from merchants to consumers and everyone in between.... read more

01 Aug 18 @ 14:09

The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage... read more

25 Jul 18 @ 15:35

SWIFT gpi, along with a number of corporates and banks, has announces plans to start testing an enhanced multi-bank standard to further improve the cross-border payments experience for multi-banked corporates.... read more

13 Jul 18 @ 10:41

In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in massive a blow to the card networks which could now... read more

12 Jul 18 @ 10:16

The R3 Blockchain Consortium of 39 financial firms has completed more than 300 transactions via R3’s know your customer (KYC) application, according to a post on R3’s blog. R3’s KYC project involved major financial... read more

02 Jul 18 @ 15:40

The two big card networks Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees charged when merchants accept card payments, according to people familiar with... read more

26 Jun 18 @ 12:31

A new, focused report by the European Parliament’s Economic and Monetary Affairs Committee has found in favour of supporting central bank digital currencies which they define differently from cryptocurrrencies. One can distinguish... read more