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Processing & Systems -

MasterCard Europe today announced the introduction of a number of improvements for pre-authorized transactions applicable as of November 2013 in the Europe Region.  As pre-authorization volumes continue to grow fueled by a steady growth of international travel and e-commerce, MasterCard takes the lead and designs new rules to proactively address existing problems with pre-authorizations. A [...]

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Payments News -

A revolutionary big data platform has been launched to close the transactional loop that’s currently broken every time a customer leaves a store with a paper receipt. Speaking at the FinovateEurope 2013 conference in London, ERN (www.ernglobal.com) has highlighted how Looop brings together card payment and merchant data in real time. For the first time [...]

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Contactless -

Visa Europe and Streamline have today confirmed further roll out for contactless payment through their partnership with Boots UK stores. The announcement follows a successful initial launch which has seen over 600 of the largest Boots UK stores begin to offer contactless payments to customers including London stores zone 1-4. All Boots stores in the [...]

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Products -

ACI Worldwide announced the release of the newest version of ACI Proactive Risk Manager. With the explosive growth of transnational, organised fraud and identity theft, Proactive Risk Manager empowers financial institutions to stay one step ahead of financial criminals. This most recent version delivers enhanced behavioural modelling tools and performance testing capabilities designed to strengthen [...]

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Contracts -

Payments services provider, DataCash, a MasterCard company, has today announced it has signed an extended contract with leading online gaming operator William Hill. DataCash has supported William Hill’s expansion in the gaming industry for the past six years and will continue to power William Hill’s eCommerce and MOTO payment solution.  William Hill utilises DataCash’s trusted [...]

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