Processing & Systems

04 May 18 @ 10:52

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

04 May 18 @ 09:13

An independent payments consultancy, CMSPI, has initiated a complaint with the European Commission over changes Visa is making to its fees, claiming the card scheme’s actions could cost small businesses... read more

01 May 18 @ 13:19

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant... read more

26 Apr 18 @ 09:38

A 27-member Governance Framework Formation Team (GFFT) has spent eight months working on a draft governance framework for a new US Faster Payments Council (FPC). The draft for the new... read more

23 Apr 18 @ 10:26

JCB says it will soon be dropping PIN authentication and will conduct a pilot trial of its latest JCB Biometrics Card with fingerprint authentication. JCB’s Contactless payment solution is provided... read more

16 Apr 18 @ 10:43

The 2018 AFP Payments Fraud Survey, underwritten by J.P. Morgan, revealed that payments fraud reached a new high in 2017 after a downswing earlier in the decade. A record 78% of... read more

13 Apr 18 @ 09:44

Acquiring gambling merchants is high risk. Or at least this always used to be the case. But in a regulated industry quick to adopt new technology, where the house always... read more

12 Apr 18 @ 10:58

Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2017. This was supported by the rollout of contactless technologies,... read more

11 Apr 18 @ 07:27

The ACH Network processed 21.5 billion transactions valued at more than $46.8 trillion in 2017, representing increases of 5.7%and 6.9%, respectively, over 2016, according to new data released by NACHA—The... read more

04 Apr 18 @ 10:47

Amid the excitement generated by technologies such as quantum computing, virtual reality, artificial intelligence and distributed ledger (DLT), cloud computing can be often overlooked. Yet at the recent Sibos event,... read more

23 Mar 18 @ 15:47

ASEAN financial institutions are focusing increasing investment on payments modernisation, with real-time payments capabilities serving as the first step to digital transformation across consumer and corporate services, per new benchmark... read more

15 Mar 18 @ 20:21

Transaction laundering has quickly evolved into one of the payment industry’s most prominent and most difficult problems. Transaction laundering — also previously known as “undisclosed aggregation” or “factoring” — occurs... read more