Processing & Systems

Showing Latest Processing & Systems

Second retailer sues visa over PIN transactions

28 Jun 16 @ 16:48

Kroger is to join Wal-Mart and sue Visa over debit-card PIN transactions, saying the payment network has levied fines against it and threatened to raise fees and cut off its acceptance of... read more

BlueSnap EU launch sees 115% growth in mobile checkout transactions

28 Jun 16 @ 16:35

BlueSnap says that they have seen 115% growth in mobile checkout transactions since launching in Europe. As a PSP, BlueSnap offers e-commerce merchants a unique solution with a gateway, an instant... read more

SWIFT signs global banking payments initiative

28 Jun 16 @ 16:20

SWIFT says that 73 banks worldwide have now joined its global payments initiative, designed to improve the cross-border payments experience. Recent banks to join the initiative include, Alfa-Bank, Axis Bank, Banco... read more

NCR launches latest version of Authentic for transaction processing

27 Jun 16 @ 10:50

NCR Corporation has released the fastest, most secure version of its transaction processing solution, Authentic, which is the first major payments platform to be compliant with the PA-DSS 3.1 standard. Authentic... read more

Brexit: Possible impacts on UK consumer payments

24 Jun 16 @ 10:57

Following Britain’s momentous decision to leave the European Union our thoughts must inevitably turn to the potential impact on UK consumer payments. In this blog we provide some early thoughts... read more

US regulators condemn bitcoin as financial stability risk

22 Jun 16 @ 10:41

US regulators have warned that the growing popularity of bitcoin and other digital currencies is posing potential financial stability risks as it revealed they are being put under closer scrutiny.... read more

Clearing and settlement systems from around the world: A qualitative analysis

21 Jun 16 @ 09:37

Research released by Payments Canada and the Bank of Canada exploring Clearing and settlement systems and payment system modernization initiatives around the world reveals a global trend towards infrastructure enhancements that... read more

Predictive Analytics in the financial industry

20 Jun 16 @ 10:20

Banks and financial institutions that are not yet engaged with Predictive Analytics need to begin their journey today if they are to maintain future competitiveness in digital services. This is... read more

What will real-time gross settlement services be like in the future?

15 Jun 16 @ 14:57

The Eurosystem operates two systems that form the backbone of the financial market infrastructure in Europe – TARGET (the real-time gross settlement (RTGS) system for the euro) and TARGET2-Securities, or... read more

What does the future hold for US domestic payments?

14 Jun 16 @ 11:25

It has been many years since significant changes have come to the US Dollar (USD) domestic payments space. In fact, it has remained relatively unchanged, at least in a sweeping,... read more

BBA members vote in favour of trade association merger

13 Jun 16 @ 12:28

Members of the BBA have voted for the organisation to consolidate with three other bodies to form a new trade association for the finance sector. The BBA will now join... read more

Strong commitment for pan-European instant payment launch

10 Jun 16 @ 09:09

EBA CLEARING has announced that close to 40 financial institutions operating across SEPA have committed to supporting and funding the development and implementation of its pan-European instant payment platform. The... 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