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A range of pressures are bearing down on acquiring and processing businesses, including the emergence of new technologies such as faster payments and blockchain solutions – not to mention increasing... more
The post PCM Feature: Acquiring and processing – the next wave appeared first on Payments Cards & Mobile.
FIS has announced that it has offered $43 billion to buy Worldpay, in a deal that would create one of the largest providers of payments infrastructure that powers banks and... more
The post FIS pays $43 billion for Worldpay as mega deal consolidation continues appeared first on Payments Cards & Mobile.
That banks are struggling with complexity and how to manage competing priorities is nothing new. However, the growth of mobile and now IoT payments means that banks need a back-end... more
The post Key questions for banks developing a card, mobile and IoT payments strategy appeared first on Payments Cards & Mobile.
According to the World Payments Report, the global volumes of non-cash transaction volumes grew by 10.1%, reaching 482.6 billion between 2015 and 2016. In addition, McKinsey’s recent Global Payments 2018... more
The post Real-time payments and the growing obsolescence of cash appeared first on Payments Cards & Mobile.
Mastercard dropped out of the competitive bidding with rival Visa for Earthport and announced it has entered into an agreement to acquire Transfast, a competitor account-to-account money transfer network. Transfast... more
The post Mastercard ditches Earthport bid in favour of Transfast acquisition appeared first on Payments Cards & Mobile.