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Visa annual cardholder expenditure exceeds €1trillion on debit cards

15 Jan 13 @ 00:00

Annual spend on Visa debit cards across Europe has exceeded €1trillion (€1.02 tn) for the first time. The figure represents an annual increase of 8.8%, reports payments technology company Visa... read more

Skrill partners with electronic ID technology provider Cybits

15 Jan 13 @ 00:00

Skrill, a leading provider of online payment solutions, is today announcing a partnership with Cybits Holding AG (www.cybitsholding.de) having acquired a share in the company for 985,000 Euros at the... read more

WorldPay and MoneyGram to expand Direct-to-Account Service

09 Jan 13 @ 00:00

MoneyGram and WorldPay, a global leader in payments processing, risk and alternative payments, announced today the two companies have entered into a strategic alliance to expand MoneyGram’s direct-to-account money transfer service... read more

Diebold demonstrates conceptual millennial-inspired ATM that enables cardless transactions

09 Jan 13 @ 00:00

Influenced by the expectations of the Millennial generation, Diebold, Incorporated is reimagining the automated teller machine (ATM) experience. Diebold has developed the first ATM that includes integration with mobile devices via the cloud,... read more

New European cybercrime centre (ec3) to tackle rising trend in payment card fraud

08 Jan 13 @ 00:00

Europol today publishes its Situation Report on Payment Card Fraud in the European Union, based on the analysis of intelligence provided by law enforcement agencies and other key operational partners. Although... read more

Payments 2012 – The Year in Review (and a look ahead)

07 Jan 13 @ 00:00

Payments has traditionally ranked among the most dynamic industries in the world, and 2012 was no exception.  The year was marked by new technologies, new entrants, new regulations, and in... read more

Mobile marketing and remote mobile payments transform holiday shopping in 2012

07 Jan 13 @ 00:00

MasterCard Worldwide, Comviva Technologies and Tutuka today announced a strategic collaboration that combines Comviva’s mobiquity mobile payment platform, Tutuka’s prepaid processing platform and MasterCard’s global electronic payments network to further extend... read more

Fiserv selects Aconite EMV migration solution

07 Jan 13 @ 00:00

Fiserv has selected Aconite’s Smart EMV Manager solution to further enhance its EMV card processing systems with advanced capability. Operating across a diverse range of card processing platforms, Fiserv needed a... read more

Money transfer system empowers Financial Institutions to define and manage payment processing

07 Jan 13 @ 00:00

ACI today the release of ACI Money Transfer System 5.0 the company’s leading wholesale banking solution. The newest version of Money Transfer System offers financial institutions the utmost flexibility in... read more

ECB releases final Recommendations for the security of internet payments

02 Jan 13 @ 00:00

The European Central Bank (ECB) today released a comprehensive set of “Recommendations for the security of internet payments”, following a two-month public consultation carried out in 2012. The Recommendations represent... read more

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Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more