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MasterCard enhances the processing of transactions in Europe

14 Feb 13 @ 00:00

MasterCard Europe today announced the introduction of a number of improvements for pre-authorized transactions applicable as of November 2013 in the Europe Region.  As pre-authorization volumes continue to grow fueled... read more

ig data platform launched for banks and merchants

13 Feb 13 @ 00:00

A revolutionary big data platform has been launched to close the transactional loop that’s currently broken every time a customer leaves a store with a paper receipt. Speaking at the... read more

Boots confirm contactless rollout for UK stores

13 Feb 13 @ 00:00

Visa Europe and Streamline have today confirmed further roll out for contactless payment through their partnership with Boots UK stores. The announcement follows a successful initial launch which has seen... read more

Proactive Risk Manager empowers banks to improve fraud detection

13 Feb 13 @ 00:00

ACI Worldwide announced the release of the newest version of ACI Proactive Risk Manager. With the explosive growth of transnational, organised fraud and identity theft, Proactive Risk Manager empowers financial... read more

DataCash continues to power payment processing for William Hill

13 Feb 13 @ 00:00

Payments services provider, DataCash, a MasterCard company, has today announced it has signed an extended contract with leading online gaming operator William Hill. DataCash has supported William Hill’s expansion in... read more

SIX Payment Services is a founding member of UnionPay International

13 Feb 13 @ 00:00

SIX Payment Services is taking a stake in UnionPay International Corporation Limited (UPI), which was set up by China UnionPay (CUP) at the end of 2012 with the aim of... read more

U.S. Credit Card Issuer performance snapshot

12 Feb 13 @ 00:00

After a protracted decline beginning in mid-2009*, weighted average industry loss rates experienced a plateau in the fourth quarter of 2012.  Purchase volumes increased compared to both the prior year... read more

European Card Market growth continues to rebound

12 Feb 13 @ 00:00

Based on our analysis of recently released data from European central banks, The European Paymentys Cards Yearbook (http://www.paymentcardyearbooks.com) estimates that European card market growth rates continued to rebound in 2012... read more

Thales and Miura introduce MPOS

12 Feb 13 @ 00:00

Thales and Miura Systems have announced an integrated mobile payment solution that enables merchants to adopt mobile point of sale (mPOS)  systems that fully support PIN based transactions, including the... read more

zooplus Goes live with Adyen to power payments across Europe

12 Feb 13 @ 00:00

Adyen has announced that zooplus, Europe’s leading online retailer for pet products, has become the latest merchant to switch its online payment processing to Adyen. Increasing sales and continued expansion... read more

Ukrainian banks can connect up to 400 types of paid services on ‘Global Money’

12 Feb 13 @ 00:00

Integration of the "Global Money" Ukrainian payment system with WAY4, payment processing system developed by OpenWay, makes it possible for Ukrainian banks to connect up to 400 types of paid... read more

Turkey: Online Credit Card Transactions up 34%

11 Feb 13 @ 00:00

In Turkey, the number of online credit card transactions has grown by 34% in 2012, reaching $17.4 billion, recent statistics indicate. According to data released by Turkey’s Interbank Card Center (BKM), 19... read more

Skrill completes acquisition of paysafecard.com

11 Feb 13 @ 00:00

The closing of the acquisition by Skrill of paysafecard.com Wertkarten AG, the Austrian prepaid payments business, has been completed. Skrill is majority owned by Investcorp Technology Partners. As the European... read more

Visa sued by Australian competition watchdog

06 Feb 13 @ 00:00

Australia’s competition watchdog has sued credit card company Visa for alleged "misuse of market power". It has accused Visa of preventing customers from using a currency of their choice in... read more

Pitney Bowes launches mobile payment service

06 Feb 13 @ 00:00

Consumers are expected to spend £87 billion online in 2013 – with mobile access to websites continuing to grow. Mobile sales showed a staggering 304% rise in 2012, while smartphone... read more

mPowa signs up Portugal Telecom

05 Feb 13 @ 00:00

Competition and activity continues to heat up in the mobile payments market. mPowahas signed a white-label deal with Portugal Telecom for the carrier to resell mPowa’s services as the centerpiece of its own... read more

Bank of Ireland make big P2P play

05 Feb 13 @ 00:00

Bank of Ireland has stolen a march on its local and UK counterparts by going live with a new service that lets its banking customers transfer cash in a way... read more

Virgin Holidays offers customers 24-hour access to accounts

05 Feb 13 @ 00:00

Virgin Holidays, the UK’s market-leading long-haul holiday company, has deployed interactive voice response (IVR) technology from Encoded to offer customers an automated payment option when booking holidays, adding excursions and... 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