Francisco Partners Completes Acquisition of Verifone

Verifone Systems, Inc. a global leader in payment and commerce solutions, announced that it has been acquired by an investor group led by Francisco Partners, a leading technology focused private Read More →

EMVCo Launches EMV 3-D Secure Test Platform

EMVCo has announced the availability of the full EMV 3-D Secure (EMV 3DS) Test Platform, which enables the functional testing of EMV 3DS solutions. 3DS product providers can now confirm Read More →

Compass Plus Survey finds Millennials see Mobile as the Future of Payments

A survey by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that more millennials than ever before are seeing Read More →

Wirecard and Comdirect now offer Contactless Payment via Wearables

Wirecard, the international leader in innovation for digital financial technology, and comdirect are working together to facilitate contactless payment via wearables. With 2.4 million B2C customers, comdirect is among Germany’s Read More →

Mastercard’s MoU with Central Bank of Iraq Signals Bright Future for the Country’s Emerging Digital Payments Ecosystem

In a move that underlines its commitment to supporting Iraq’s emerging digital landscape, Mastercard, a leading technology company in the global payments industry, recently signed a Memorandum of Understanding (MoU) Read More →

Visa and MoneyGram Team Up to Simplify Overseas Money Transfers

Visa and MoneyGram has announced a strategic agreement that will modernize and digitize the process of sending and receiving money overseas. Utilizing Visa Direct, Visa’s real-time push payments platform, the Read More →

PCI Security Standards Council Updates PIN Security Standard

The PCI Security Standards Council (PCI SSC) has published PCI PIN Security Requirements and Testing Procedures version 3.0, the PCI Security Standard for the secure management, processing and transmission of Read More →

Contactless Payments to Account for 15% of Total POS Transactions by 2020

Contactless payments is expected to reach $2 trillion by 2020, representing 1 in 3 in-store transactions globally. The trend - driven by payment cards and mobile wallets - will see Read More →

Corporates Pilot to Start Testing New Multi-Bank Payments Tracking on SWIFT gpi

SWIFT, along with a number of corporates and banks, has announced plans to start testing an enhanced multi-bank standard to further improve the cross-border payments experience for multi-banked corporates. This Read More →

ACI Equips Developers with Open API Technology to Drive Faster Global eCommerce Growth

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced that its UP eCommerce Payments solution provides a fast and flexible way for local card Read More →

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