Showing results for 'VISA ' in Articles
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European Commission close in on interchange fees deal with card networks

04 Dec 18 @ 16:46

Visa and Mastercard have offered to cut merchant interchange fees for non-EU credit and debit cards by at least 40% to end an EU antitrust investigation, part of a decades-long... read more

Cards remain king as mobile payments fail to hit the big time

21 Nov 18 @ 17:33

Mobile payments hit the mass market in 2014 with the introduction of Apple Pay and was hailed as the next revolution in payments. Partnerships with major payment providers such as... read more

Ingenico makes preparations for new market position as mobile payments begin to dominate

12 Nov 18 @ 12:27

Ingenico has appointed a new chief executive as it aims to arrest a slide in its share price. The company announced that long-serving boss Philippe Lazare would step down as... read more

American Express gets regulatory approval to enter Chinese payments market

12 Nov 18 @ 12:10

American Express has won regulatory approval to become the first US credit card company to enter the Chinese payments market and start building its own payments network. The company said... read more

UnionPay stays on top as the world’s largest card scheme

29 Oct 18 @ 14:04

New research reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share. The 15... read more

Contactless payment cards to account for over 50% of all cards delivered globally in 2018

08 Oct 18 @ 12:45

Contactless payment cards issuance is set to hit 1.5 billion units in 2018, accounting for over 50% of all payment card shipments delivered globally. Breaking the 50% barrier marks a... read more

SMART Payments: Step 4 – 3 steps to successful omnichannel payments

04 Oct 18 @ 09:05

Technology and new payment formats have revolutionised the retail industry as cards replace cash, and e- and m-commerce provide new platforms for retail. Rather than abandoning bricks-and-mortar, many shoppers engage... read more

China UnionPay eyes major European expansion with UK launch

19 Sep 18 @ 10:00

China UnionPay, which in 2015 became the world’s biggest payment card issuer, has announced plans to launch UnionPay branded cards in the UK, a first step in a larger European... read more

Counterfeit fraud at US EMV-enabled merchants down 75%

04 Sep 18 @ 14:00

The major payments networks set the path for the US payments industry to begin the shift to EMV chip cards in 2011. One of the leading factors was that chip... read more

Complexities of the German payments market – could mobile payments become meaningless?

28 Aug 18 @ 11:43

Instead of counting notes and coins or entering a PIN, mobile payments on smartphones have the potential to become a popular method of payment in Germany. Google Pay is already... read more

Banking and Payments industries warned over ATM Cashout cyberheist

20 Aug 18 @ 09:00

The FBI has been warning banks about an imminent ATM cashout scheme about to unfold across the globe, thanks to a data breach at an unknown financial institution. On Aug. 14, a... read more

IoT and tokenized payments – why they are so important to the growth of the industry

06 Aug 18 @ 13:22

Refrigerators, cars, watches, rings — what do all of these items have in common? They are all IoT products that are capable of connecting to the internet and completing transactions... read more

Payments industry faces regulatory investigation into card acquiring services

01 Aug 18 @ 14:09

The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage... read more

Why do the Nordic Banks outsource card processing?

20 Jun 18 @ 09:32

The Nordic countries constitute the most advanced and digitally ready payment market in Europe, and one of the most advanced in the world[1]. Increasingly around the world, banks are starting... read more

Mobile Payments & Fraud Survey 2018

15 Jun 18 @ 10:12

The sixth annual Mobile Payments & Fraud Survey (MPFS), which measures the state of mobile payments and mobile channel fraud from each prior survey year has been released. In surveying... read more

DAG – The Next Generation of Blockchain

14 May 18 @ 16:31

In the online payments sphere, a handful of companies have attempted to create new protocols to overcome the challenges of scalability and ease of use in blockchain technologies. Nevertheless, they... read more

Is the Payments Industry ready for new PCI-DSS

10 May 18 @ 15:49

On June 30th 2018, new Payment Card Industry Data Security Standard requirements (PCI-DSS)  go into effect. This means that payment card acquirers, processors, gateways and services providers worldwide are working to implement... read more

Rolling the Dice: The high risk acquiring of gambling merchants

13 Apr 18 @ 09:44

Acquiring gambling merchants is high risk. Or at least this always used to be the case. But in a regulated industry quick to adopt new technology, where the house always... read more

Payment cards in Europe – an update from the European Payment Card Yearbooks

12 Apr 18 @ 10:58

Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2017. This was supported by the rollout of contactless technologies,... read more

Canadian retailer group fight for lower credit-card fees

06 Mar 18 @ 11:36

A group of Canadian retailers and other businesses are pushing for lower credit-card fees from major payment networks amid a long standing battle over what they claim are inflated Canadian... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more