Processing & Systems

Showing Latest Processing & Systems

Visa opens Global Network with launch of Visa Developer

09 Feb 16 @ 13:19

Visa Inc. has launched Visa Developer, a milestone that transforms the world’s...

Payment Cards Statistical Yearbooks 2015-16

08 Feb 16 @ 12:30

Stay one step ahead with deep industry information and a wealth of statistics from central banks, interbank companies and associations and individual banks. The Payment Cards Statistical Yearbooks give a market... read more

Stellar launches instant money transfer service in Nigeria

08 Feb 16 @ 12:05

Stellar.org, a non-profit startup foundation that supports a universal financial platform, has been a part of the Fast Forward accelerator, which is funded in part by Google and BlackRock. The instant... read more

The cheque is dead – Long live the cheque

04 Feb 16 @ 16:39

On learning that his obituary had been published, Mark Twain telegraphed: “Reports of my death are greatly exaggerated”. The same could be said of the cheque.

Western Union and Viber to provide cross-border money transfer

04 Feb 16 @ 14:02

Western Union and Viber, a mobile messaging app with 664 million unique users worldwide, have announced an agreement to offer cross-border money transfer

ECB plans new system for bank transfers

02 Feb 16 @ 14:40

The European Central Bank is working on a new plan for bank transfers, allowing consumers to transfer money using their phone numbers or email addresses rather than a complicated bank account... read more

MyBank posts strong growth in 2015

02 Feb 16 @ 11:29

MyBank has reported strong growth for 2015 both in the volume and value of transactions as well as in the number of merchants offering MyBank. More than €650 million worth of payment... read more

Building on the Blockchain

29 Jan 16 @ 11:27

Following the announcement by more than 20 of the world’s largest banks that they are collaborating to develop common standards for Blockchain technology, PCM examines the implications of a decentralised,... read more

Counting the costs of cybercrime

29 Jan 16 @ 10:38

The recent publication of cybercrime statistics by the Bundeskriminalamt (BKA), the German Federal Criminal Office, raises almost as many questions as it answers. As with any official cybercrime statistics, perhaps... read more

Electronic payments grow faster than GDP across all regions

28 Jan 16 @ 13:38

Non-cash payment volumes are expected to continue to grow strongly in 2014, according to the World Payments Report 2015 from Capgemini/Royal Bank of Scotland. Volumes are projected to grow at... read more

Bank of England develop blueprint to facelift UK payments system

28 Jan 16 @ 11:06

The Bank of England is set to develop a blueprint for the modernisation of the UK payments system. The document will highlight the changes from a 20-year old real-time gross settlement system to... read more

MasterCard introduces MasterCard Instalments

26 Jan 16 @ 14:44

MasterCard has announced the upcoming launch of MasterCard Instalments, an innovative way to pay that offers consumers flexible and convenient access to funds when needed. With MasterCard Instalments, cardholders will be... 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