Processing & Systems

20 Nov 15 @ 12:02

BNP Paribas, Canadian Imperial Bank of Commerce, ING, MacQuarie and Wells Fargo are the latest major financial institutions to partner with distributed ledger startup R3 CEV. With the announcement, R3... read more

12 Nov 15 @ 08:47

The Faster Payments limit for Banks and Building Societies has been raised to £250,000 per payment from Tuesday 10 November 2015, following an increase to the scheme limit announced by Faster Payments... read more

11 Nov 15 @ 12:07

Last April, the European Parliament and the Council of the European Union adopted a new Interchange Fee Regulation (IFR) capping interchange fees for payments made with debit and credit cards.... read more

04 Nov 15 @ 10:17

Worldline and Equens have jointly announced that they have signed a Memorandum of Understanding (MoU) on a strategic new entity. The strategic aim of the new entity is to be... read more

03 Nov 15 @ 11:22

Recent payments transaction data reported by the major card networks and the Federal Reserve Board has shown credit transaction growth exceeding debit transaction growth since 2012 (see Figure 1). This... read more

03 Nov 15 @ 10:47

The ways in which we pay and are paid are changing. Apple Pay has been launched in the UK, Barclays has announced that it will launch Android-based mobile payments later... read more

02 Nov 15 @ 11:57

Visa Inc. and Visa Europe have announced a definitive agreement for Visa Inc. to acquire Visa Europe, creating a single global company. The transaction consists of upfront consideration of €16.5 billion with... read more

29 Oct 15 @ 09:00

As well as cutting tens of thousands of jobs, shrinking the bonus pool and shedding billions of dollars of unwanted assets, John Cryan promised to rip out and replace much of... read more

28 Oct 15 @ 11:06

Fintech companies are leading the way in disruptive innovation in financial services, helping to bridge a $2 trillion funding gap for millions of small and medium-sized enterprises (SMEs) seeking credit... read more

27 Oct 15 @ 15:31

JPMorgan Chase says it will soon launch a competitor to Apple Pay, Chase Pay, that will allow consumers to pay retailers using their smartphones in stores, and it has already won the... read more

27 Oct 15 @ 09:48

Saxo Payments has launched Banking Circle, for its international payments community. Banking Circle  is a marketplace that disrupts traditional international B2B banking, delivering significant advantages for FinTechs and their merchants as well asd providing... read more

26 Oct 15 @ 16:44

The Clearing House (TCH) has entered into a letter of intent with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time... read more