Processing & Systems

Showing Latest Processing & Systems

Nets acquires Nordea Merchant Acquiring

16 Jun 15 @ 09:11

Nordea has signed an agreement to divest its merchant acquiring business Nordea Merchant Acquiring (NMA) to Nets Holding (Nets). The sale of the NMA business and the establishment of a partnership... read more

ClearXchange introduces real-time payments in US

15 Jun 15 @ 16:14

ClearXchange, the US bank-owned digital payments network, is rolling out a system that enables real-time bank-to-bank transfers. ClearXchange acts as a clearing house for person-to-person online payments transfer, enabling customers to send... read more

US EMV migration – Three lessons from Canada

10 Jun 15 @ 12:11

At the risk of sounding like the new Weather Channel website, can we learn anything about EMV migration from Canada? After all, they have already upgraded or replaced more than 60,000... read more

Judo Payments confirmed as payments platform provider for Apple Pay

10 Jun 15 @ 11:38

Judo Payments has confirmed its announcement as one of the payments platform providers selected to support Apple Pay when it launches in the UK in July. The integration of judo’s technology... read more

Ixaris announce €4m Open Payments Ecosystem project

10 Jun 15 @ 09:20

Ixaris has announced the initial phase of its €4m Open Payments Ecosystem (OPE) project. The pioneering two year project is financially backed by EU Horizon2020 under the Open Disruptive Innovation Scheme... read more

What’s driving the renewed interest in P2P?

08 Jun 15 @ 16:45

Electronic person-to-person (P2P) payments have been on a roller coaster of interest over the last decade.  PayPal launched the first successful, widespread service in the late 1990s and has enjoyed... read more

US EMV migration: Chip and signature is a joke!

02 Jun 15 @ 17:35

“The fact that we didn’t go to PIN is such a joke,” says Mike Cook, Walmart’s assistant treasurer and a senior vice president, in reference to the USA’s current EMV... read more

Payments bodies to standardise ISO 20022 real-time payments

21 May 15 @ 14:16

Global interoperability of real-time payments systems will require harmonisation of market practices and standards. A group of international clearing houses, banks, vendors, payments associations and other parties have proposed setting... read more

MasterCard launches personal payments service

20 May 15 @ 16:39

MasterCard has launched MasterCard Send, a service designed to make it seamless for businesses, governments and others to send money to consumers around the world. Live in the US, MasterCard... read more

Powa Technologies to revolutionise advertising

14 May 15 @ 15:25

Rai Advertising, the exclusive advertising group for Rai, Italy’s largest broadcaster, has signed a strategic partnership with mobile technology leader Powa Technologies Limited to introduce its innovative PowaTag mobile commerce... read more

Banks rethink business models as PSD2 comes into effect

13 May 15 @ 17:29

According to the PSD2 and XS2A – regulation or opportunity report, Europe’s banks are engaged in a do-or-die effort to prepare for the 2016 introduction of new payments regulations that are expected to... read more

Bit by Bitcoin: Decrypting the crypto-currency phenomenon

13 May 15 @ 16:58

Such is the fervour around virtual currencies that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what... 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