Processing & Systems

20 Sep 17 @ 14:28

From virtual mobile wallets to peer-to-peer money transfer apps, there are an increasingly diverse number of ways to pay, beyond the old medium of cash. And the geographic scope of... read more

13 Sep 17 @ 12:21

The Payment Systems Regulator (PSR) and Bank of England (BoE) have announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate... read more

01 Sep 17 @ 13:19

Nets is rumoured to be nearing a deal that is expected to value the company’s shares at more than DKr31.3bn ($5bn) with US private equity firm Hellman & Friedman the... read more

21 Aug 17 @ 13:42

‘Open’ is a short word with a long list of meanings. These range from being free to all to join, ready for business or prepared to entertain new ideas. The... read more

16 Aug 17 @ 11:24

With a new found direction, not seen since its merger with Visa Europe began, Visa is on the charge, becoming the first overseas card payment company to apply for a... read more

11 Aug 17 @ 11:59

For many years payments processing has been considered the ugly sister of the payments industry that quietly ticks over in the depths of back offices. In the last 18 months... read more

07 Aug 17 @ 10:42

Atlanta-based law firm Webb, Klase & Lemond, LLC has filed two class action lawsuits against payment processing giants EVO Payments International and EVO Merchant Services (collectively, “EVO”) alleging they maintain... read more

26 Jul 17 @ 09:49

Worldline says it has signed an agreement with First Data for the acquisition of 100% of the share capital of First Data’s fully owned subsidiaries in Lithuania, Latvia, Estonia (together... read more

25 Jul 17 @ 11:31

In less than five months, the EPC’s SEPA Instant Credit Transfer (SCT Inst) scheme will be operational. The implementation of this new and optional scheme – the exact starting date of which... read more

25 Jul 17 @ 09:03

UniCredit has started testing with the first pan-European instant payment solution, RT1, in preparation for its instant payments go-live. The real-time payments product will first become available to UniCredit customers... read more

24 Jul 17 @ 11:35

The global payment cards market has grown to 14 billion cards, with UnionPay consolidating its position as the largest scheme – A billion new cards issued in just one year.... read more

05 Jul 17 @ 17:55

Worldpay has agreed a £9.1bn deal to be acquired by US rival Vantiv, sending shares in the company down sharply. Worldpay fell close to 10% to £3.68, soon after unveiling... read more