Processing & Systems

01 Feb 18 @ 09:44

PRETA S.A.S announced that MyBank Payments have enabled the initiation of payment transactions for a total transacted value of over €5 billion since its launch in March 2013. This milestone... read more

25 Jan 18 @ 14:48

Bitcoin, the world’s largest cryptocurrency, is not really money and Visa will not get involved in processing Bitcoin related transactions won’t touch it, the CEO has said in an interview with... read more

17 Jan 18 @ 13:31

Vantiv has completed its acquisition of Worldpay Group. The combined company, named Worldpay, Inc. creates a leading payments provider uniquely equipped to power global integrated omni-commerce, processing more than 40 billion transactions... read more

17 Jan 18 @ 11:15

Bank of America has applied for or received at least 43 patents for blockchain, the ledger technology used for verifying and recording transactions that’s at the heart of virtual currencies.... read more

17 Jan 18 @ 10:11

European retail organisations have called on authorities to expand the scope of interchange fee controls to tackle other “stupendous” charges imposed by card schemes, as new rules banning merchants from... read more

11 Jan 18 @ 15:55

Latest figures show that 2017 was another record-breaking year for Bacs Payment Schemes Limited (Bacs), with over 6.34 billion payments, worth a total in excess of £4.9 Trillion, processed by... read more

19 Dec 17 @ 11:26

TSYS says it will buy payment processing firm Cayan for $1.05 billion in cash to expand its offerings to small and mid-sized US businesses. The deal is expected to modestly... read more

18 Dec 17 @ 13:45

New research from Ovum reveals that North American commercial banks are continuing to increase their investment in real-time payments (RTP). The report “The rise of real-time payments in North America”, commissioned... read more

30 Nov 17 @ 12:42

First Annapolis, now part of Accenture has been closely monitoring European card products to track the evolution of product offerings and pricing. Twice a year, it reviews the card products... read more

24 Nov 17 @ 10:49

Building a national payment system is a huge undertaking. Prior to launch, banks and non-banks have to collaborate on the governance, rules and features of the system. They have to... read more

21 Nov 17 @ 09:00

The Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme created by the European Payments Council (EPC) is operational. As of today, nearly 600 payment service providers (PSPs)... read more

10 Nov 17 @ 11:33

According to a new study, Global Payment Cards Data and Forecasts to 2022, card issuers in Europe are continuing to change the scheme of the cards they issue – particularly... read more