Processing & Systems

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Retailers concerned about 3 party scheme interchange fee loophole

01 Dec 14 @ 16:18

Proving that politicians should stay out of industries they do not understand and further backing up the law of unintended consequences, Europe’s politicians are currently considering final changes in the proposed Interchange Fee... read more

Discover Financial sues Visa over anti-competitive PIN practices

26 Nov 14 @ 12:16

Discover Financial Services is suing Visa Inc , alleging the largest cards company has been using anti-competitive practices in its debit card business, and sought compensation for lost profit, court documents showed. Discover,... read more

The current Bitcoin acceptance market

26 Nov 14 @ 09:23

Bitcoin has a long road ahead before merchants widely accept the currency, but bitcoin acceptance is expanding and accelerating. Silk Road, the illicit online black market, was an infamous early... read more

Virtual currencies set to disrupt major markets within 5 years

25 Nov 14 @ 12:50

Virtual currencies are likely to be a major disruptive force within five years, according to a new study published by Technology Strategies International. The report titled, The Future of Virtual... read more

Data analytics accelerates disruption in banking

21 Nov 14 @ 12:26

Access to data and the ability to effectively manage data analytics will decide which financial institutions prosper and which will be supplanted during this wave of transformation – this was... read more

The state of SEPA

19 Nov 14 @ 10:00

How is SEPA faring now that migration deadlines have passed, and could banks be doing more? Finally, after a 15-year wait, and a delayed 1 August migration deadline, the Single Euro... read more

One Single Market needs one set of rules for card fees

18 Nov 14 @ 11:27

This week, Europe’s politicians begin trialogue talks to decide final rules on how much payment cards will cost merchants and consumers in card fees. The end goal is more competition... read more

Five ways Bitcoin could shake up finance

13 Nov 14 @ 15:34

French bank BNP Paribas has published an article titled “Cryptomania” in the latest edition of their in-house magazine. The article, authored by Johann Palychata, a research analyst for BNP Paribas... read more

EMV chip transaction figures published by EMVCo

10 Nov 14 @ 12:03

Official figures released by the global technical body EMVCo show that nearly 30% of all card-present transactions conducted globally between July 2013 and June 2014 used EMV chip technology. The... read more

MasterCard to acquire TNS payment gateway business

07 Nov 14 @ 15:47

Transaction Network Services (TNS), a portfolio company of Siris Capital Group since February 2013, has entered into an agreement to sell its payment gateway services business to MasterCard for an... read more

BBVA Compass opens payments platform to Dwolla

30 Oct 14 @ 16:48

BBVA Compass has opened up its payments platform to Dwolla, enabling customers to make real-time payments through the Iowa startup’s payments network. The deal makes BBVA Compass the largest bank to... read more

Beijing breaks payment card market monopoly

30 Oct 14 @ 12:14

Visa and MasterCard have welcomed China’s plans to open up its market for clearing domestic payment card transactions, as they stand to gain access to a growing market worth more than $1... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more