Processing & Systems

Showing Latest Processing & Systems

Behalf, Comdata and MasterCard collaborate on SMB financing

09 Jan 15 @ 15:44

MasterCard, Comdata and Behalf have teamed up to enable small- and mid-sized businesses (SMBs) to have a more flexible and convenient way to pay their vendors. The initiative helps improve... read more

North American banks disillusioned with big data analytics

09 Jan 15 @ 15:41

Around three-quarters of North American bankers are dissatisfied with data analytics technology, according to research from payment research firm Aite Group. Aite surveyed 141 senior banking IT executives in Asia-Pacific,... read more

US omnichannel banking systems

09 Jan 15 @ 14:50

Although digital engagement, via omnichannel banking, is where the industry may be headed, face-to-face engagement is where the industry remains. In a new report, Celent offers a thorough analysis of omnichannel... read more

FIME to perform NFC Forum analogue certification testing

05 Jan 15 @ 16:15

Test tool specialist FIME has announced that its laboratories in Asia, EMEA and Korea have been qualified to perform official NFC Forum analogue certification testing. These FIME laboratories are now... read more

Could bitcoin be the Napster of finance?

23 Dec 14 @ 09:46

Bitcoin’s ongoing evolution draws comparisons to how Napster, while unsuccessful as an organization, upended an entire music industry and propelled it into the digital age. Bitcoin truly is the Napster... read more

Do we need a new EU network for EU payments interoperability?

19 Dec 14 @ 11:29

Suddenly the key EU’s stakeholders (ECB/EC) are talking again about technical payments interoperability and new payments networks.  Many may ask why, for they have struggled over 10 years to fully... read more

EU agrees caps on debit and credit card interchange fees

18 Dec 14 @ 11:33

Interchange fees to process debit and credit card transactions are to be capped under an EU law that attempts to wrap-up a protracted battle with payment groups such as Visa... read more

USA: EMV at the ATM

10 Dec 14 @ 11:09

Vast numbers of hours, experts and resources have been devoted to the implementation of the EMV standard for credit and debit cards in the United States. As the smoke begins... read more

Russian banks begin testing national payment system

09 Dec 14 @ 16:18

According to local sources, Russia’s Rossiya and SMP banks, which fell under Western sanctions, are among the eight lenders that will start testing the country’s new national payment system on... read more

ECB to address instant payments in euro

09 Dec 14 @ 09:56

In its second meeting, on 1 December 2014, the Euro Retail Payments Board (ERPB), a multi-stakeholder group chaired by the European Central Bank (ECB), decided to step up work on the... read more

Faster Payments sets out new access model vision

08 Dec 14 @ 16:26

The UK’s Faster Payments scheme, now in its sixth year since Faster Payments were launched as a near real time, world-class payment clearing system. The service has been a great success; annualised growth... read more

$300 million in bitcoin spent during Cyber weekend frenzy

04 Dec 14 @ 11:54

A total of $296 million was spent globally across the bitcoin network on Cyber weekend, according to insight provided by Bitnet. Bitcoin registered as the 9th biggest payment network worldwide... 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