Processing & Systems

Showing Latest Processing & Systems

US Federal Reserve moves towards faster payments

05 Sep 14 @ 14:47

Federal Reserve banks in the US are moving ahead with plans to implement a faster payments system in order to improve the country’s payment infrastructure. The Federal Reserve banks are... read more

MCX preps CurrentC mobile commerce network in US

04 Sep 14 @ 12:24

US mobile commerce joint venture Merchant Customer Exchange (MCX), which is backed by several major US merchants, has unveiled its CurrentC mobile commerce payment network, with plans for a commercial... read more

FIS acquires Clear2Pay for €375m

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

Australia’s eftpos launches online payments system

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

Syntec partners with Worldpay for phone payment processing

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

UK urges Russian expulsion from Swift

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

Apple’s digital wallet patent references ‘virtualised currencies’

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

GoCoin brings bitcoin to 1,000 businesses

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

Ingenico and First Data launch mPOS in India

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

CaixaBank to invest €500m in next-generation ATMs

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

BPC SmartVista selected for Ethiopian national payment system

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

ECB identifies payment systems for oversight

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

Trending

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