March 14, 2012
MasterCard Puts Grigg in Charge of Access Prepaid
MasterCard made a high-profile promotion in prepaid last week, naming Steve Grigg the new president of Access Prepaid Worldwide. The New York-based payments network acquired Access Prepaid for roughly $481...
February 29, 2012
EuroCouncil Sets Debit, Credit Rules for SEPA
The European Council approved a formal set of requirements for credit transfers and direct debit transactions, part of the Continent’s slow movement towards adopting a Single Euro Payments Area (SEPA)....
February 28, 2012
Facebook Credits: Do Payments Firms Need to Worry?
It’s a wallet, it’s a currency, and it leaps tall buildings in a single bound, it’s: Facebook Credits. And, yes, unless you have green kryptonite, if you’re in the payments...
February 07, 2012
USA Technologies Inks New Three-Year Relationship with Elavon, Inc.
USA Technologies, Inc. (NASDAQ: USAT), a leader of wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, announced that effective November 2011, the company has extended a...
January 08, 2012
Mobile Financial Services and the Emerging Global Middle Class
How Mobile Technology Is Broadening Financial Access in Less-Developed Countries While Driving Business Opportunities for Global Companies Get the Full Story Complete the form to unlock this article and enjoy...
December 20, 2011
SEPA Deadline Set for 2014
Cross-border payment services should become faster, cheaper and safer for EU citizens thanks to a deal reached by MEPs and Member State negotiators on Tuesday. The deal, which has still...
November 23, 2011
Euronet Obtains Access to New Markets and Cost Savings Opportunities...
Euronet Worldwide, Inc. (NASDAQ: EEFT), through its wholly owned subsidiary – Euronet Payments & Card Services Ltd. (EPCS), has been authorized by the Financial Service Authority (FSA) in the United...
October 13, 2011
Tinkoff Issues 1M Cards on TSYS PRIME
Today TSYS® announced that it has joined with Tinkoff. Credit Systems (TCS) to celebrate the issuance of one million credit cards on TSYS’ PRIME card management solution. One million credit...
October 12, 2011
TSYS Signs With Imperial Bank
TSYS today announced it has signed a licensing agreement with Imperial Bank, Kenya, for PRIME 4, the latest version of its card and merchant management solution. Imperial Bank will deploy...
Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.
In Saudi Arabia, digital wallet adoption is surging for cross-border payments, especially among younger consumers. Small and medium-sized businesses, however, face hurdles with security and cost, making addressing these concerns crucial for wider adoption. The latest data brief, “Global Money Movement: U.S. Edition,” a collaboration with TerraPay, explores the landscape of digital wallet usage in the Middle Eastern country, highlighting the generational and business-size divides in this rapidly evolving market.