Issuing & Acquiring RSS
Going, going, gone? Why banks must move to modern retail card payments platforms
As a new report says almost two-thirds of banks are looking to migrate to more secure and flexible modern card payments platforms, Tietoevry’s Valdis Janovs says banks should be thinking... read more
The post Going, going, gone? Why banks must move to modern retail card payments platforms appeared first on Payments Cards & Mobile.
Global banks to spend $57 billion on legacy payments technology
According to a new study by IDC Financial Insights, spending on legacy payments technology is rising rapidly and damaging the growth prospects of banks around the world. Global financial institution... read more
The post Global banks to spend $57 billion on legacy payments technology appeared first on Payments Cards & Mobile.
Visa acquire core banking platform Pismo
Visa has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Europe, for $1 billion in... read more
The post Visa acquire core banking platform Pismo appeared first on Payments Cards & Mobile.
UK credit card market report – Lenders on high alert
The latest data on UK credit card trends paints a picture of considerable consumer financial volatility as the dual pressures of higher inflation and higher interest rates squeeze funds. The... read more
The post UK credit card market report – Lenders on high alert appeared first on Payments Cards & Mobile.
Retail banks face a card payment platform cliff: new report provides solutions
A new report from Tietoevry Banking reveals how deep the legacy technology crisis runs for today’s retail banks in payment cards – and discusses options for how these banks can... read more
The post Retail banks face a card payment platform cliff: new report provides solutions appeared first on Payments Cards & Mobile.