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Is Apple preparing to launch its own payment processing unit?
Oh boy! Apple has been reported to be developing its own payment processing technology and infrastructure such as lending risk assessment, fraud analysis, credit checks, and dispute handling. Part of... read more
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OpenWay and Oracle to redefine digital payment processing in the cloud
OpenWay has successfully tested its digital payment platform WAY4 in Oracle Cloud. Financial institutions can now use this solution to drive payment innovations of any scale and optimise their operating... more
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RBS launches merchant acquiring business NatWest Tyl
Royal Bank of Scotland (RBS) is launching a merchant acquiring service, NatWest Tyl, for small to medium-sized businesses (SMBs), heading back into the payments business, putting it in direct competition... more
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HP Launches new POS system with PayPal
HP has announced a new all-in-one POS system partnership, expanding its SMB offerings, with PayPal to utilise its payment processing services. The company has not targeted the SMB market in the... more
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TSYS to buy payment processing firm Cayan for $1.05 billion
TSYS says it will buy payment processing firm Cayan for $1.05 billion in cash to expand its offerings to small and mid-sized US businesses. The deal is expected to modestly benefit TSYS’s net revenue growth and adjusted earnings per share in the first full year post closing, the payment processor said. TSYS expects to realize [...]
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