Processing & Systems

01 Aug 13 @ 01:16

MasterCard and Visa Inc. announced an agreement to license their respective common US debit solutions to each other to meet the industry need for a streamlined approach to route US chip debit... read more

26 Jul 13 @ 01:34

First Data Corporation, a global leader in electronic commerce and payment processing, has today announced the extension of its contract with Raiffeisen Polbank, one of its five largest customers in... read more

16 Jul 13 @ 02:22

Raiffeisen Bank International (RBI) with presence in 17 markets, has chosen OpenWay’s WAY4 platform to upgrade and enhance the issuing and acquiring services offered by its European processing centre to... read more

08 May 13 @ 00:00

VocaLink, the international payments provider, is celebrating the five year anniversary of the Faster Payments Service in the UK, with 2.5 billion transactions securely processed since its launch in 2008.... read more

07 May 13 @ 00:00

The nation’s largest credit card issuers reported strong profits in the first quarter of 2013, but the lack of asset and revenue growth is a common, recurring theme while purchase... read more

03 May 13 @ 00:00

Authorize.Net, the small business solution from CyberSource, announced that small business merchants based in the UK can now use Authorize.Net’s popular payment platform to accept and manage bank card transactions,... read more

12 Apr 13 @ 00:00

Elavon and Banco Santander, an international financial institution operating in 10 major markets with more than 100 million clients serviced by 15,000 branches, today confirm the establishment of a joint... read more

08 Apr 13 @ 00:00

Adyen announced that Monarch, the UK’s leading scheduled leisure airline and independent travel group, has chosen to roll out the Adyen payment solution across its online and mobile websites. The move... read more

27 Mar 13 @ 00:00

The prevailing operating model for the largest consumer credit card issuers in the U.S. is to deliver key portfolio servicing functions (e.g., customer service, collections, etc.) in-house or, in the... read more

15 Mar 13 @ 00:00

Visa recently announced the opening of the Myanmar market to ATM and POS acceptance through their licensing agreements with Co-operative Bank, Kanbawza Bank, and Myanmar Overseas Bank.  This represents significant... read more

14 Mar 13 @ 00:00

B+S Card Service, one of Germany’s largest acquirers and a one source solution for electronic payment processing, today officially launched in the UK. Founded in 1989 B+S is part of... read more

28 Feb 13 @ 00:00

Equens processed its billionth SEPA transaction last week. Since the launch of the SEPA Credit Transfer (SCT) scheme in January 2008 and the introduction of SEPA Direct Debit (SDD) in... read more