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Autralian banks respond to Apple Pay NFC payment submission
Three of Australia’s major banks (National Australia Bank, Commonwealth Bank and Westpac), along with Bendigo bank have released a joint...
UK’s Link ATM network under pressure to define new business strategy
More than one in seven free-to-use cash machines across the UK could start charging or be shut down if the...
Ant Financial set to purchase MoneyGram for $880 million
Ant Financial has stepped up its international expansion by reportedly buying US money-transfer service MoneyGram International for $880 million. The $880...
CMA considers Mastercard acquisition of VocaLink remedies
Earlier this month, the Competition and Markets Authority (CMA) announced that Mastercard acquisition of VocaLink would face an in-depth investigation, unless...
Discover and PayPal partner on tokenisation and digital payments
Discover Financial Services (DFS) and PayPal have signed a tokenisation and digital payments agreement making PayPal more widely available to...
Walmart and Visa end public interchange fees feud in Canada
Walmart and Visa have ended an acrimonious and public battle over interchange fees that saw the Walmart refuse to accept...
Competition Authority slows Mastercard acquisition of VocaLink
The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns...
MBNA finalise sale of credit card assets to Lloyds for £1.9bn
Lloyds Banking Group has finalised the purchase of MBNA’s UK credit card business from Bank of America for £1.9 billion pounds in...