Processing & Systems

Showing Latest Processing & Systems

Chase Bank Kenya rolls out aggressive African strategy with OpenWay

18 Mar 16 @ 10:07

Chase Bank Kenya, an innovative and fast-growing bank with an ambitious strategy across Africa, has successfully migrated its full card portfolio to the OpenWay WAY4 payment software platform from Electra... read more

ACI and Verifone to deliver Pan-European payments platform for Auchan

18 Mar 16 @ 09:46

ACI will partner with Verifone to deliver a comprehensive pan-European payments platform for Auchan Group, one of Europe’s largest food retailers. Auchan relies on ACI’s market-leading, omni-channel UP Retailer Payments solution... read more

FinTech booming – payments infrastructure compliance remains in the dark ages

16 Mar 16 @ 12:16

The UK FinTech report, commissioned by HM Treasury and published last month, confirmed something we’re pretty much all agreed upon: “The UK is a global capital for FinTech”. Within FinTech,... read more

Visa and MasterCard continue to grow at the expense of Visa Electron and Maestro

07 Mar 16 @ 16:24

Visa and MasterCard brands collectively account for 86% of all European payment cards. Visa holds the largest share in Europe as a whole and in western Europe, while MasterCard has... read more

Preparing for PSD2: exploring the business and technology implications

04 Mar 16 @ 12:12

The aims of the European Commission’s revised Payment Services Directive (PSD2) are clear. It is designed to enhance consumer protection and convenience, improve the security of payment services and promote innovation... read more

MasterCard in £1bn Vocalink bid

03 Mar 16 @ 16:08

MasterCard has reportedly drawn up plans for a takeover of Vocalink, the bank-owned company which handles £6tn-worth of payments in Britain each year. Sky News has learnt that MasterCard, which... read more

ATM Market expected to reach $21.9 billion by 2020

29 Feb 16 @ 10:27

According to new report by Allied Market Research titled “Global ATM Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013-2020,” the global ATM market will reach $21.9 billion... read more

Banks should sell their stake in UK payments infrastructure

29 Feb 16 @ 09:28

The Payment Systems Regulator (PSR) has published the provisional findings of its market review into the ownership and competitiveness of the payments infrastructure that supports the payments systems; Bacs, Faster... read more

EACHA deliver ACH interoperability of Instant Payments in Euro

22 Feb 16 @ 10:09

EACHA leads, upon invitation by the ECB, a taskforce consisting of ACHs (including members of EACHA, EBA Clearing and representatives of Target2), national central banks, the ECB, and ad hoc... read more

Technology companies dominate best global brands list

10 Feb 16 @ 11:30

For the third year in a row, Apple and Google claimed the top positions in Interbrand’s Best Global Brands report. Technology brands represented more than a third of the table’s... read more

Cybercrime attacks increase with Metel, GCMAN and Carbanak 2.0

10 Feb 16 @ 09:30

In late 2014, Kaspersky Lab researchers made a worrying prediction: financially-motivated cybercrime...

UK government pushing open banking API framework

10 Feb 16 @ 08:00

UK Banks should share their customer data to help consumers compare banking...

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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