Processing & Systems

Showing Latest Processing & Systems

BlueSnap solves checkout abandonment with MasterPass

09 Jun 16 @ 12:08

BlueSnap says that MasterPass is now available in its Powered Buy Platform to give merchants the frictionless checkout experience they need to reach global shoppers and solve checkout abandonment with higher payment... read more

New tokenization payment rail enabling banks to monetize PSD2 compliance

08 Jun 16 @ 11:01

Token, a new payment network and API ecosystem enabling banks to quickly transform the PSD2 compliance threat into a revenue generating opportunity, has launched. Based on proprietary and patent-pending ‘programmable... read more

ACI enables PSPs and challenger banks to access UK Faster Payments

08 Jun 16 @ 10:27

ACI Worldwide has announced a collaboration opening up access to the Faster Payments Scheme in the UK for a significant number of financial institutions, including challenger banks and payment service providers... read more

Nets migrates to WAY4 to advance its banks card business

25 May 16 @ 09:40

Nets, the household name in Scandinavian payment processing, is on-boarding Nordic issuer portfolio’s in credit cards and sales finance onto WAY4, the e-payment processing framework developed by OpenWay. Card portfolios... read more

SWIFT outline path to Distributed Ledger Technology adoption

23 May 16 @ 11:32

SWIFT has announced the availability of a new paper investigating how Distributed Ledger Technologies (DLTs) could be used in financial services. Published in collaboration with Accenture, the paper is based on... read more

W3C releases first draft of payment API

20 May 16 @ 13:13

The World Wide Web Consortium (W3C) has published draft specifications aimed at streamlining the online checkout process and making internet payments easier and more secure. W3C is an international consortium... read more

Real-time payments: The need for speed

19 May 16 @ 11:24

Consumer-facing technology brands have done much to reset customer expectations around speed, but also convenience, value and choice. Consumers can send and receive e-mail across the globe almost instantly. They... read more

Opportunities unlocked by revised PSD2

18 May 16 @ 12:33

By 2020, more than 50% of all UK retail sales could be ecommerce and contactless, growing by more than 2.5 times from 18% currently. At least 30% of these will... read more

Second Swift cyber-attack detected

16 May 16 @ 15:22

A Swift cyber-attack, similar to one that saw $81m (£56m) stolen from Bangladesh’s central bank, has reportedly hit a second bank. The warning about the second attack came from Swift,... read more

SWIFT rejects Bangladeshi claims over cyber heist

10 May 16 @ 11:53

SWIFT on Monday heavily rejected allegations by officials in Bangladesh that technicians with the global banking system made the nation’s central bank more vulnerable to hacking before an $81 million cyber... read more

PSD2 and MIF Regulation create opportunities in Europe

05 May 16 @ 11:31

PAY.ON has published a new white paper that explores the implications surrounding – and the opportunities arising from – the revised Payment Services Directive (PSD2) and the Regulation on Multilateral... read more

Intesa SanPaolo in final talks to sell payments unit Setefi €1bn

28 Apr 16 @ 15:23

Intesa SanPaolo, Italy’s biggest retail bank is reported to be in final talks to sell its payments unit Setefi to banking services firm Istituto Centrale delle Banche Popolari (ICBPI) in a... 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