Payments

Stripe Issuing launch is part of wider plan to build the fintech’s credibility

Stripe has extended the services it offers to European customers with the launch of Issuing, a new product which it…

Global Payments Gets SaaSy: Will Run Issuer Processing from AWS

Atlanta-based Global Payments has inked a major deal with AWS that will see it create a cloud-based processing platform for…

How Coronavirus is Impacting Digital Payments in Emerging Markets

Digital payments have been growing rapidly in emerging markets over the last ten years or so, since the establishment of…

Why is Visa Forking Out a Cool $5.3 Billion for Payments Firm Plaid?

Visa has agreed to buy financial services startup Plaid for $5.3 billion -- double its last valuation of $2.65 billion…

Europe Joins Russia in Rush to Build Visa and Mastercard Alternative

The European Central Bank (ECB) has backed plans by leading European banks to create a homegrown European payment system rivalling…

The European Banking Authority is Happy with Your Veins, Heart, or Weird Way of Typing

When it comes to body parts the European Banking Authority (EBA) is agnostic: heart, veins, retina – even your fingers wandering…

Payments Sector Wins Open Banking Reprieve with 18 Month SCA Extension

The payments and ecommerce industry has won a last minute reprieve from the Financial Conduct Authority (FCA) over Strong Customer Authentication…

Mastercard Buys Chunk of Denmark’s Nets for €2.85 Billion – Deal Adds “Depth and Scale” to its Technologies

Mastercard has agreed to buy the majority of Danish payments company Nets' corporate services business for €2.85 billion (£2.6 billion). The…

Payments Industry Warns of SCA “Disaster” – Pleads for 18 Month Extension

EPSM, a European payment services industry group, has called for a minimum 18-month delay to the introduction of Strong Customer…

Glut of Payments Sector Mergers Reflects Pressure to Offer Diverse, Global Payment Acceptance Services

The payments market is becoming increasingly complex, writes GlobalData analyst Bhavika Shah. Alternative payment tools are proliferating, and geographic markets…