Processing & Systems

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What does the Mastercard acquisition of Vocalink mean for the UK payments industry

05 Dec 16 @ 12:01

The largest UK banks are set for another windfall with the sale of the bank-owned payments company VocaLink to Mastercard for £700 million ($920 million) – but what are the... read more

European Payments Council launches the SEPA Instant Credit Transfer

30 Nov 16 @ 08:47

The European Payments Council (EPC) will launch the SEPA Instant Credit Transfer (SCT Inst) scheme today. European Payment Service Providers (PSPs) now have one year to get ready to process... read more

UK payments industry going through biggest shake-up in a generation

29 Nov 16 @ 09:54

The UK payments industry is about to see its biggest change in a generation according to the Payment Systems Regulator (PSR). The comments come as the Payments Strategy Forum, a... read more

Was Tesco Bank hacked – or was the money stolen?

28 Nov 16 @ 16:52

In a very good blog, originally posted on Withoutfire.com, John Elliott, a payments / privacy / cyber security / risk specialist has some very interesting views and theories on the Tesco... read more

Fighting fraud: people’s attitudes towards the use of payments data

25 Nov 16 @ 10:58

We live in a world with a transactional data landscape. Every minute of every day, simply by going about our normal day-to-day activities, we are generating information through the payments... read more

UK Black Friday growth predicted to surpass United States

25 Nov 16 @ 10:25

The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments. The global analysis of online retail growth from... read more

Visa and MasterCard set to gain from Indian currency ban

24 Nov 16 @ 15:23

Visa and Mastercard, are are sensing an opportunity and hoping to see a seismic switch to digital transactions after years of waiting post India’s sudden withdrawal of its most widely... read more

Visa hits out at EBA plans for strong customer authentication set to ruin UK e-commerce market

23 Nov 16 @ 09:23

The European Banking Authority (EBA) has brought forward proposals for how it will implement what is called strong customer authentication (SCA). Visa has warned that new European rules on e-commerce... read more

Lower cost of Instant Payments opening market for small and mid-sized banks

22 Nov 16 @ 12:51

A new study by Lipis Advisors, experts in real-time payments, has found that the cost of migrating to Instant Payments infrastructure for small and medium sized banks is far lower... read more

4 million ($5bn) same day ACH Payments transacted in October 2016

16 Nov 16 @ 12:11

NACHA released Same Day ACH transaction volume data for October, the first calendar month following Phase 1 implementation on Sept. 23, 2016. Same Day ACH, an industry initiative to move... read more

Blockchain: new DNA for financial transactions?

08 Nov 16 @ 10:38

From modernising payment infrastructure and enhancing security, to driving efficiencies and innovation. Whatever the question, Blockchain seems to be the answer nowadays. Announcements from the last month alone are fairly... read more

UK card expenditure statistics – contactless continues rise

07 Nov 16 @ 11:53

One in five card payments are now made via contactless, new figures show from the UK Card Expenditure Statistics. Contactless cards were used for 21% of card payments in August... 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