Processing & Systems

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Digital transactions in Europe bombarded with a 30% increase in cyberattacks

18 May 18 @ 09:43

ThreatMetrix has announced new data revealing a 30% year-on-year increase in the volume of cyberattacks hitting Europe in the first quarter of 2018. The ThreatMetrix Q1 2018 Cybercrime Report: Europe Deep-Dive reveals evolving... read more

Next phase of digital disruption arrives on the rails of real-time payments

17 May 18 @ 11:33

As of late 2017, more countries and regions joined the global real-time payments movement. With the arrival of European Banking Association Real-Time 1 (EBA RT1), SEPA Instant Payments, The Clearing... read more

Swift Network caught in the middle of EU Vs US sanctions showdown

17 May 18 @ 11:10

The Swift network, whose financial messaging system facilitates cross-border payments, has been caught in the middle of the US and EU showdown over how to handle one of the linchpins... read more

8 out of 10 global merchants believe real-time payments will replace cards

15 May 18 @ 14:25

Nearly 80% (77) of globally surveyed merchants hold the view that real-time payments will replace the use of payment cards over time, according to new benchmark data, “2018 Global Payments... read more

Worldline to buy SIX Payment Services for $2.75 billion – further market consolidation expected

15 May 18 @ 13:49

Worldline will buy the payments unit of SIX Group in a $2.75 billion deal, in the latest example of consolidation within the sector, as financial sector companies seek to benefit... read more

Main UK payment systems effectively privatised to one person

14 May 18 @ 16:46

As of May 1st, there has been a new operator of the UK’s two most important retail payment schemes. New Payments Systems Operator Limited – or NPSO for short –... read more

DAG – The Next Generation of Blockchain

14 May 18 @ 16:31

In the online payments sphere, a handful of companies have attempted to create new protocols to overcome the challenges of scalability and ease of use in blockchain technologies. Nevertheless, they... read more

The Challenge for Retailers – Building an Open Payment Platform

11 May 18 @ 16:45

In the last decade, contactless technologies, the mobile Internet and constantly connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more

85% of Banks expect real-time payments to drive revenue growth

11 May 18 @ 16:43

The expansion of real-time schemes globally is driving a marked change in attitudes among financial institutions, with 85% of banks globally now viewing real-time payments as the foundation for growth... read more

3C Payment launches Pan-European retail payment solution for WHSmith

11 May 18 @ 15:44

3C Payment has announced further enhancement of their retail proposition through successful roll out of an integrated payment solution with WHSmith. With the continued expansion of their International travel sites,... read more

Is the Payments Industry ready for new PCI-DSS

10 May 18 @ 15:49

On June 30th 2018, new Payment Card Industry Data Security Standard requirements (PCI-DSS)  go into effect. This means that payment card acquirers, processors, gateways and services providers worldwide are working to implement... read more

Ripple claims positive initial results from xRapid pilots

10 May 18 @ 15:48

Ripple has announced aggregated and averaged results from several early xRapid pilots. xRapid is Ripple’s on-demand liquidity solution which uses the digital asset XRP for more efficient cross-border transactions between... 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