Processing & Systems

Showing Latest Processing & Systems

Worldline completes Equens and Paysquare transaction

03 Oct 16 @ 14:05

Worldline has announced the successful completion of the transaction that was presented on November 3rd, 2015 with Equens Group. Under the terms of the agreement, it is reminded that the... read more

Nets hits European IPO jackpot of $4.5 billion

27 Sep 16 @ 16:00

Nets Holding launched Europe’s biggest initial public offering since the UK voted to leave the EU, with a listing that gives Scandinavia’s biggest payments processor a market capitalisation of about... read more

ACI and VocaLink partner to aid adoption of immediate payments

27 Sep 16 @ 15:05

ACI Worldwide and VocaLink have announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network. It is the first global... read more

Ripple signs global banks to blockchain-based money transfers

26 Sep 16 @ 12:55

SWIFT, post hacking scandal, may have some competition as a number of major global banks have signed with Ripple Labs to found a new global transfer system based on Ripple’s... read more

Post Brexit EU Financial Institute passport confusion as both sides flex muscles

21 Sep 16 @ 13:46

There are growing fears in the industry that post Brexit, the UK will lose the passporting rights that allow financial services companies licensed in one EU state to provide services... read more

The Clearing House signs IBM to transform the US real-time payments

21 Sep 16 @ 09:33

IBM says The Clearing House, a national payments system operator for the US banking industry, has selected it to help deliver a new real-time payments system due to roll out... read more

Overturned interchange settlement will increases uncertainty

13 Sep 16 @ 13:49

The US Court of Appeals overturned the landmark antitrust interchange settlement between retailers and Visa and Mastercard on June 30, 2016, reigniting more than 10 years of legal battles over... read more

FIS achieves new accreditation with Payment Brands for EMV migration services

13 Sep 16 @ 09:00

FIS announced that it has recieved accreditation by Discover, MasterCard and Visa and is working with other international and national payment brands to simplify the certification process for EMV payment... read more

Digital Payments in India – the making of a $500 billion ecosystem

07 Sep 16 @ 11:58

Over the past few years, the payment landscape in India has mirrored developments occurring in the global payments arena, albeit with a time lag. Although digital payments in India is... read more

Ingenico shares suffers after cutting 2016 sales forecast

06 Sep 16 @ 10:32

Underscoring investor skittishness and low tolerance for earnings disappointments, French payments firm Ingenico Group fell nearly 13% in heavy volumes, after the cutting its full-year targets in the wake of... read more

FI’s unaware of customer account access obligations under PSD2

31 Aug 16 @ 13:47

Only 5% of banks and other financial institutions are aware that the EU Payment Services Directive (PSD2) will require open access to customer accounts, according to a UK law firm... read more

Payworks launches payment gateway Pulse

31 Aug 16 @ 12:02

Payworks has launched Pulse, a next generation payment gateway technology, simplifiying in-person card payments by making it quick, easy and cost-efficient for developers to integrate card readers into their Point... 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