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PayPal and Visa ink deal to offer debit cards in Europe

24 Jul 17 @ 15:02

PayPal has signed a deal with Visa that allows it to issue Visa branded debit cards in Europe, as the company moves further into traditional retail banking territory. The two... read more

Mastercard and Visa lose share to UnionPay in global cards market

24 Jul 17 @ 11:35

The global payment cards market has grown to 14 billion cards, with UnionPay consolidating its position as the largest scheme – A billion new cards issued in just one year.... read more

22 global banks join Swift blockchain project

06 Jul 17 @ 14:45

Swift says that is has signed an additional 22 banks to its blockchain proof of concept (PoC). The project is designed to determine if blockchain technology can help banks reconcile... read more

Segmenting US banks: Focus on card issuing and presence of acquiring

06 Jul 17 @ 14:32

Within the US, 660 bank holding companies associated with regulated depository commercial banks and savings banks exist with $1 billion or more in assets according to data sourced from SNL.... read more

Impact of the Interchange Fee Regulation on the European cards market – 18 months on

06 Jul 17 @ 14:20

It is now almost 18 months since the introduction of the Interchange Fee Regulation. IFR covered a good deal more than the interchange fee caps and included substantial changes to... read more

Vantiv agrees Worldpay purchase in £9bn deal

05 Jul 17 @ 17:55

Worldpay has agreed a £9.1bn deal to be acquired by US rival Vantiv, sending shares in the company down sharply. Worldpay fell close to 10% to £3.68, soon after unveiling... read more

Is mobile money a haven for money launderers?

05 Jul 17 @ 13:35

Is mobile money a haven for money launderers? There have been a number of developments in the international financial system in recent decades that have made finding, freezing and forfeiting... read more

European card fraud for 19 countries hits record €1.8 billion in 2016

05 Jul 17 @ 08:59

FICO has released its annual interactive map of European card fraud, which shows that card fraud losses for 19 European countries hit approximately €1.8 billion, a new high. The UK... read more

Screen scraping argument hots up as EBA rejects PSD2 amendment tabled by European Commission

04 Jul 17 @ 12:58

The bank Vs FinTech screen scraping argument just got worse as the EBA (European Banking Authority) rejected an amendment to the Payment Services Directive (PSD2) proposed by the European Commission designed to allow the... read more

Worldpay shares jump after news of take over offer

04 Jul 17 @ 12:34

Shares in Worldpay hit new highs after the UK’s largest payments processor received separate preliminary takeover offers from JPMorgan and Vantiv of the US. Worldpay said it had “received preliminary... read more

New trade body UK Finance launches

04 Jul 17 @ 09:37

From today, the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. UK Finance will represent over 300 firms in the... read more

The Global Payments Innovation Jury report

03 Jul 17 @ 14:32

The Global Payments Innovation Jury report for 2017 exists because 70 senior industry executives were prepared to give their time to thinking through and setting out their views on many... read more

ACH Transactions to top checks as top form of B2B payment by 2020

03 Jul 17 @ 09:33

According to a new survey conducted by Credit Research Foundation (CRF) in partnership with NACHA, credit and account receivables professionals anticipate that ACH transactions will surpass checks as the leading... read more

European e-commerce growth continues to prosper

28 Jun 17 @ 10:33

Online retail in Europe is growing exponentially, particularly in Southern Europe. This is one of the many interesting findings of the European E-commerce Report 2017. The report shows e-commerce trends,... read more

Overcoming mobile biometrics challenges in financial services

28 Jun 17 @ 09:55

The vast majority of consumers—93%—prefer biometrics over passwords for authenticating payments or other financial services. This comes as no surprise, as using biometrics is more secure and eliminates the hassle... read more

Ingenico announces complete and PSD2-compliant solution for marketplaces

28 Jun 17 @ 08:56

Ingenico ePayments, the online and mobile commerce division of Ingenico Group, launched a new payment PSD2-compliant solution designed specifically for online marketplace operators. The solution is built on Ingenico’s Full... read more

Five proven strategies to achieve cross-border e-commerce growth

27 Jun 17 @ 12:51

For many of today’s European e-commerce businesses, payments are perceived as a commodity. Forward thinking businesses are switching on to the potential of cross-border payments to drive competitive advantage, looking... read more

The 50th anniversary of the ATM – The truth about Cash

27 Jun 17 @ 12:31

The 27 June, 2017 marks 50 years since the inauguration of the world’s first cash dispenser in Enfield, London. Automated Teller Machines, more commonly known as ATMs, have since changed... read more

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more