Processing & Systems

03 Sep 14 @ 13:31

Global banking and payment solution provider FIS has signed a definitive agreement to acquire payment and processing solution provider Clear2Pay. Founded in 2001, Clear2Pay is a major player in the... read more

02 Sep 14 @ 14:45

Australian POS payments system eftpos is testing a new system for online purchases at supermarket chain Coles. The system enables users to make online payments with a username and password,... read more

01 Sep 14 @ 12:12

Global payment processor Worldpay and Syntec, a cloud call centre management service provider, have formed a global partnership which will enable businesses to accept telephone card payments securely without compromising... read more

01 Sep 14 @ 12:06

The UK government is to urge European Union nations to expel Russian banks from the Swift financial messaging network, amid rising tensions over the crisis in Ukraine. UK prime minister... read more

28 Aug 14 @ 12:16

With tech giant Apple positioning itself to enter the mobile payment space, interest has been piqued by a recent digital wallet patent application that has just been made public. The... read more

28 Aug 14 @ 12:09

Digital currency processor GoCoin has announced a partnership with Apriva, a major payment processor, to enable bitcoin payments for more than 1,000 clients of Apriva. GoCoin is the first payment... read more

28 Aug 14 @ 12:02

Ingenico Roam, part of Ingenico Mobile Solutions, has partnered with global payment processor First Data to launch an mPOS solution into the Indian market. Leveraging ROAM’s mobile solution and Ingenico’s... read more

27 Aug 14 @ 11:57

Spain’s CaixaBank has signed an agreement with ATM manufacturer Fujitsu to manufacture 8,500 new terminals featuring cutting-edge technology and to innovate jointly on a global scale. The new ATMs are... read more

27 Aug 14 @ 11:54

BPC Banking Technologies, a global provider of open system payment solutions, has been selected by Ethiopia’s EthSwitch to power its national switching operations in Ethiopia. BPC’s SmartVista solution was selected... read more

22 Aug 14 @ 10:48

The European Central Bank (ECB) has named four key payment systems – Target2, Euro1, Step2-T and Core(Fr) – as “systemically important”, and as a result they will be subject to... read more

20 Aug 14 @ 15:15

Russia’s MDM Bank has partnered with Chinese payment network China UnionPay (CUP) to issue CUP-branded cards. Other Russian banks, including Alfa Bank, Gazprombank and Bank of Moscow are also preparing... read more

19 Aug 14 @ 15:53

UK banks are launching a ‘retry’ system that will give customers a second chance to avoid bounced payments and their associated fees. From 1 September, when a customer’s standing order,... read more