Processing & Systems

01 Oct 14 @ 10:15

Dwolla has raised $9.7 million in a further funding round. The highly rated startup set out to build a scalable, global payment network capable of taking on national automated clearing... read more

30 Sep 14 @ 14:22

Non-cash payments volumes are expected to grow 9.4% to reach 366 billion transactions in 20131, fueled by strong growth in developing markets and the use of credit (up 9.9%) and... read more

25 Sep 14 @ 12:00

Ripple’s payments network, that allows institutions to facilitate low-cost international money transfers without the intermediation of large banks, has signed its first two US banks as customers. The two banks –... read more

24 Sep 14 @ 15:52

PayPal says it will partner with three major Bitcoin payment processors in this space – BitPay, Coinbase and GoCoin. Although PayPal has stopped short of integrating bitcoin into its digital wallet... read more

23 Sep 14 @ 10:22

Payment data analytics is presenting significant opportunities for banks to drive additional revenues and enhance their value proposition. Banks are exploring numerous ways to generate real value from their payment... read more

18 Sep 14 @ 09:44

Regulators in the Asia-pacific region are looking at rolling out a SEPA-style single payment area, but what will be the challenges of such a project in one of the most... read more

18 Sep 14 @ 09:28

The global payments and transaction-banking businesses continue to represent vital elements of the banking industry and the global financial-services landscape. The importance of these businesses both as critical sources of... read more

17 Sep 14 @ 12:44

The Point of Sale systems in use in many retail businesses nowadays are not only some sort of fancy cash register. Gone are the days of manual encoding and punching... read more

16 Sep 14 @ 13:55

The launch of RuPay in India and plans for a Russian payment network indicate a resurgence in domestic schemes, but at what cost to the international players? While Europe’s banks... read more

15 Sep 14 @ 12:26

The U.S. Federal Reserve has restated its commitment to push for development of a faster payments system, with the Fed’s financial services policy committee saying officials will prepare and share... read more

12 Sep 14 @ 12:53

Joe Oliver, the Canadian Finance Minister, is said to be pressing credit card companies and banks to accept lower credit card fees paid by retailers, which the government claims are among... read more

11 Sep 14 @ 10:36

UK retailers have today welcomed an historic court ruling to end card fees retailers pay banks to process card payments (known as interchange fees). Today’s judgement by the European Court... read more