Processing & Systems

22 Oct 15 @ 14:29

The European Court of Justice (ECJ) has ruled that bitcoin exchange transactions should be exempt from VAT. The ECJ ruling stated that bitcoin transactions “are exempt from VAT under the... read more

20 Oct 15 @ 12:10

Azerbaijanis are showing a preference for credit cards, resulting in increased credit card transaction values and volumes; due to a rising demand for consumer credit and the number of banks offering... read more

19 Oct 15 @ 12:23

Historically, banks have dominated the entire market, but times are changing and the FinTech invaders are beginning to disrupt the space. Banks certainly have their place, but their share is... read more

19 Oct 15 @ 12:00

An all-time record 44 billion payments will be made in 2024, up 3.4 billion over 10 years, equating to 120 million payments per day. The increase will be driven by... read more

16 Oct 15 @ 09:38

IDATE has published its analysis of and forecasts for the global Internet of Things (IoT) market. An opportunity to deliver a synthesis of the Institute’s many reports on the matter... read more

12 Oct 15 @ 07:22

Central bank regulators have proposed changes to stop the global payments system from fragmentation as banks scale back cross-border networks, blaming the cost of new regulation. Banks have long maintained links with other... read more

08 Oct 15 @ 13:55

China’s central bank has launched the China International Payment System (CIPs), a worldwide  interbank payment system and superhighway for the yuan to facilitate trade settlement and investment dominated in the yuan. CIPS... read more

07 Oct 15 @ 10:34

JCB will be conducting a trial of payment using palm vein authentication in corporation with Fujitsu  and Fujitsu Frontech. The trial will be held at the JCB World Conference in... read more

06 Oct 15 @ 15:42

The bank-owned provider of several key payments infrastructures in Europe, EBA Clearing, has launched an RFP for a technical solution provider. The RFP is the next phase in its offering of a... read more

05 Oct 15 @ 16:39

A new simpler way to guarantee settlement between banks of payments made through Faster Payments, the UK’s 24/7 real-time payments service, has been introduced as part of changes announced today... read more

02 Oct 15 @ 10:11

Turkey is set to launch a national payment system, the national payment scheme is due to be implemented by 2016 and is currently being branded as TROY. “Our sector is moving fast, both locally and... read more

01 Oct 15 @ 11:26

While the outlook for real-time payments in the US market remains fragmented and uncertain for the time being, in Europe the pace of development and usage is quickening and real-time payments (or... read more