Processing & Systems

Showing Latest Processing & Systems

Dwolla starts white-label service

03 Sep 15 @ 16:33

Dwolla has launched a “white-label” payments processing service, meaning other businesses and banks can sign on to use Dwolla’s money-transfer system, but won’t have to put Dwolla’s label on it. Dwolla CEO Ben... read more

Real-time cross-border payments – ISO 20022

03 Sep 15 @ 12:12

Real-time cross-border payments might soon be a reality, thanks to the efforts of a new payments industry group. But is there a business case for adopting the ISO 20022 standard?... read more

TSYS signs payments agreement with Metro Bank

02 Sep 15 @ 15:58

TSYS announced that it has signed an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2 processing platform, as well as provide Metro Bank fraud management services... read more

Ingenico joins Worldpay bid melee

28 Aug 15 @ 12:56

Ingenico has submitted a bid to buy Worldpay, two sources familiar with the matter say, as the contest heats up to take control of Europe’s leading payments processor. Worldpay, owned... read more

Facebook creates AI-powered virtual assistant

27 Aug 15 @ 13:14

You might wander why an AI story is appearing in a payments blog, but AI payments may well be here sooner than you think. Facebook has created a virtual assistant... read more

Wirecard smashes into Worldpay bid at $9.4bn

27 Aug 15 @ 08:51

The enigmatic German payments processor Wirecard is heavily rumoured to have joined the bidding for UK rival Worldpay. Wirecard is competing against private-equity bidders, including a joint proposal from Blackstone Group... read more

CurrentC to delay launch

24 Aug 15 @ 16:16

CurrentC, the mobile payment platform developed by MCX, will kick off a public beta test within the next few weeks in Ohio, but may not push its service across the... read more

Big changes in US Debit industry

21 Aug 15 @ 16:10

The 2015 Debit Issuer Study, commissioned by PULSE, one of the nation’s leading debit/ATM networks, highlights the underlying trends that have contributed to the rise of debit during the 10... read more

Advanced Payments – Which paths to success?

20 Aug 15 @ 15:49

PCM in partnership with Edgar, Dunn & Co. and American Express unveil the findings of the latest Advanced Payments Survey. The annual Advanced Payments Survey, which this year has been... read more

The Omni-channel challenge in Retail payments

20 Aug 15 @ 12:18

More and more merchants in Europe feel the need to offer their services via multiple channels (i.e. physical stores, online, mobile etc.), embracing the so-called omni-channel retail approach. “In terms... read more

Bitnet and PAY.ON strategic partnership to enable simplified Bitcoin acceptance

19 Aug 15 @ 11:19

Bitnet, an enterprise bitcoin payments processor, and PAY.ON have entered a strategic partnership that will enable payment service providers globally to offer bitcoin as a payment method via PAY.ON’s RESTful API-based payment... read more

US retailers to begin public tests of CurrentC

18 Aug 15 @ 14:31

MCX, three years after deciding to enter the mobile payment market with CurrentC, a group of large retailers is finally doing it. Merchant Customer Exchange (MCX), a partnership between large... 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