Processing & Systems

Showing Latest Processing & Systems

Over €100 million of payments initiated via MyBank

12 May 15 @ 17:16

PRETA S.A.S. announced today that the growing take-up of MyBank by consumers and businesses has started to translate into a significant pick-up of the value of transactions initiated via MyBank.... read more

ACI commits to expansion of UK Faster Payments

12 May 15 @ 17:07

ACI has signed a Letter of Commitment in support of the UK Faster Payments Scheme’s New Access Model, to operate as both ‘single tenant’ and ‘multi-tenanted’ aggregator. Launched in December 2014,... read more

Visa Inc offers $20 billion for Visa Europe

11 May 15 @ 11:17

Visa Inc is rumoured to be in early-stage talks to buy its former European subsidiary in a deal that could be worth as much as $20bn, people familiar with the matter... read more

New European payments processor Nuapay launches

08 May 15 @ 12:51

According to press reports, Irish payments group Sentenia has launched a service called Nuapay that will offer businesses a non-bank alternative for payment processing. This follows legislation introduced by the European... read more

European Commission agree on Payments Services Directive

06 May 15 @ 14:24

Back in 2013, the European Commission set out proposals for a Payments Services Directive 2 (PSD2) in an effort to improve cross-border payments, tackling what it says is still a... read more

Malawi takes key step to advance digital payments

30 Apr 15 @ 10:39

Malawi says it has taken a significant step towards creating a digital payments ecosystem in order to address poverty and drive inclusive growth. An event organized by the Government of Malawi... read more

Coinbase opens exchange in UK

30 Apr 15 @ 10:27

Coinbase, the world’s most well-funded bitcoin company, has opened its exchange and online wallet in the UK, targeting British enthusiasm for the digital currency as it eyes international expansion. The... read more

Cyber security is the EU’s digital frontier

29 Apr 15 @ 10:45

Cyber security is a precondition to promoting innovation also in the area of payments. The European Union Agency for Network and Information Security (ENISA) is a centre of expertise for... read more

Instant Payments – the future retail payments market – an ECB viewpoint

29 Apr 15 @ 10:29

Should payments be as quick as emails or messaging with smartphone apps? Should funds be transferred instantly from sender to receiver around the clock? Many actors are paying more attention... read more

Payments technology and fraud prevention top list of investments for banks and retailers

27 Apr 15 @ 16:57

A new payments survey of more than 1,100 executives representing leading banks, retailers and billing organizations across the Americas, Asia-Pacific and EMEA revealed that although 80% of them understand they... read more

A new competitor for Bitcoin

24 Apr 15 @ 10:36

The total value of the digital currency Bitcoin is now approximately $3.4 billion, and many companies and investors are working to prove that the technology can make financial services cheaper... read more

The changing landscape of real-time retail payments systems

23 Apr 15 @ 13:11

A new research paper by SWIFT assesses the global real-time retail payments systems (RT-RPS) landscape, provides analysis on the key drivers and trends, and identifies the different approaches, barriers to... 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