Processing & Systems

Showing Latest Processing & Systems

Department of Justice widens antitrust probe to include Mastercard

28 Apr 23 @ 16:23

Mastercard has announced that the US Justice Department (DOJ) is conducting an antitrust investigation of its US debit program and competition with other payment networks. The company says it had... read more

The European Payments Initiative makes two big strategic acquisitions

25 Apr 23 @ 14:09

The European Payments Initiative (EPI) is in the news for three reasons: first launch of a pilot phase offer, a double acquisition and the addition of four new shareholders. At... read more

P27 Nordic Payments initiative in doubt as application withdrawn

20 Apr 23 @ 16:23

P27 Nordic Payments has decided to withdraw its clearing license application from Finansinspektionen. The payments initiative, which won permissions from The European Commission to establish its pan-Nordic payments platform, said... read more

How AI is revolutionising the payments industry – By ChatGPT

20 Apr 23 @ 11:36

As the payments industry continues to grow and evolve, businesses are seeking new ways to stay competitive and deliver value to customers. One of the most promising technologies that has... read more

Aevi launches first TSYS pilot merchant for in-person payments in US

19 Apr 23 @ 08:00

Aevi has successfully launched its first pilot merchant on the TSYS processing platform in collaboration with Vivid Payments. With its expertise in streamlining checkout processes and providing access to transaction... read more

RS2 and Landsbankinn bring merchant acquiring services to Iceland

17 Apr 23 @ 09:58

RS2 says that Iceland’s most innovative bank, Landsbankinn, has launched its own merchant acquiring services using RS2’s payments processing platform. Landsbankinn business customers can now concentrate all their payment services... read more

ChatGPT – how can banks leverage generative AI?

06 Apr 23 @ 12:29

ChatGPT is currently on everyone’s lips. The versatile abilities of this chatbot fire the imagination, but also fuel concerns about the future application of such a simple and widely usable... read more

Optimising Payments – and the transition to ISO20022

03 Apr 23 @ 13:58

Payment models are changing radically, creating both challenges and opportunities for financial institutions. New digital-only banks have accelerated innovation, while the pace of global change has created a new competitive... read more

Payment Orchestration: Will it revolutionise the payments industry?

24 Mar 23 @ 17:07

Recent research by payabl. has looked into whether or not payment orchestration could become a key capability for merchants across varying sectors, and for businesses of all shapes and sizes.... read more

Tietoevry Banking finalizes major new payment solution upgrade in Serbia

24 Mar 23 @ 10:00

Tietoevry has completed a major systems’ upgrade for Chip Card, member of Payten, one of the leading payments processors in the Republic of Serbia. With electronic payments becoming more popular... read more

Cross-border expansion top priority for US based businesses

23 Mar 23 @ 12:36

41% of business-to-business organisations believe that cross-border business expansion is imperative to ease their current trading concerns. That’s according to a new study released by Rapyd, which shows that a sizeable... read more

Checkout.com launches Checkout.com Issuing for clients

22 Mar 23 @ 19:42

Checkout.com has announced it will launch Checkout.com Issuing allowing customers to create payment cards for their own customers. The company has been testing Checkout.com Issuing for a while, and millions of... 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