Processing & Systems

Showing Latest Processing & Systems

Verifone network compromised by Russian hacking group

08 Mar 17 @ 09:31

Verifone is reportedly investigating a breach of its internal computer networks that appears to have impacted a number of companies running its POS solutions, according to sources. Verifone says the extent of the... read more

Optal to acquire B2B payments business Invapay

07 Mar 17 @ 08:44

Optal announced the acquisition of Invapay, in a deal which will significantly expand Optal’s capabilities in the global corporate payments space. Invapay enables corporate buyers to use credit cards to... read more

Domestic payment schemes shifting focus to new digital payments services

28 Feb 17 @ 17:06

The development of new payment services and the evolution of technology are currently the top priority of most domestic payment schemes. An overwhelming majority of schemes are in favour of... read more

Virtual Account Management: the minimum viable proposition

27 Feb 17 @ 14:15

When it comes to corporate liquidity and treasury management, the banks I’m talking to all seem to have one thing in common. The need for speed. Whether they are offering in-house... read more

Payments processing technology: Have Payment Gateways achieved parity with Processors?

27 Feb 17 @ 12:43

It has been almost 20 years since the internet made a paradigm leap in transaction transport, and made simple payment gateways integration available to an exploding community of web developers.... read more

İşbank becomes first Turkish bank to offer local alternative payment methods

24 Feb 17 @ 10:35

İşbank, the biggest private bank in Turkey and provider of PSP services, is partnering with PPRO Group to enable İşbank to offer e-commerce merchants 13 local alternative payment methods worldwide. İşbank... read more

SEPA: Is the ECB stifling competition with its latest move?

23 Feb 17 @ 10:01

Ten years ago the European Commission (EC) and the European Central Bank (ECB) announced a common vision for the Single Euro Payments Area (SEPA), which they described as an “integrated... read more

Virtual Account Management: Fast, effective relief from the pain of reconciliation

17 Feb 17 @ 12:01

Let’s be honest, reconciliation is a pain. It’s a battle, a struggle and an all-around nuisance for corporates, albeit a necessary one. Getting paid is crucial, irrespective of business size.... read more

Kenya Bankers Association develops banking industry switch with Tieto

16 Feb 17 @ 12:00

Kenya Bankers Association (KBA), the banking industry’s umbrella body, has awarded Tieto the contract to develop Kenya’s first industrywide switching platform in a move that will see banks enhance efficiency... read more

Omni-Channel payments becoming a reality in Europe

14 Feb 17 @ 15:05

First Annapolis recently completed a survey of 18 leading European PSPs and acquirers on the topic of omni-channel capabilities and proposition development. The research confirmed that omni-channel capabilities continue to... read more

Interchange Fee caps shaking up the market for acquirers

06 Feb 17 @ 10:41

The merchant acquiring market in Europe is operating on solid grounds of continuous transaction growth, however the cost pressures in the industry increases are very high primarily due to new... read more

Meet us at Merchant Payments Ecosystem – MPE Berlin

31 Jan 17 @ 13:19

In a couple of weeks, Payments Cards & Mobile will be heading out to Berlin to take part in the Merchant Payments Ecosystem conference, otherwise known as MPE. If you would... 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