Payment processing

The central bank said the legal change would allow it to fully exercise the powers laid out in a clearing proposal from the European Commission.

The plan places a greater burden on bank managers to stop money laundering, with board members overseeing companies caught breaching the law also facing punishment if they fail to intervene.

When brewery software provider OpHouse strated to grow, it turned to its CEO's connections in the tech incubator community to find a new payments gateway

As unattended devices, gas pumps would perhaps benefit most from EMV's anti-counterfeiting tech. They have also been among the most difficult to upgrade, prompting the card networks to give gas stations extra years to get EMV compliant. But there is progress.

Total System Services has extended a multi-year agreement to support Tesco Bank's credit card business in the U.K.

With midsize businesses still handling the majority of their accounts payable via checks, large corporations are reaping the benefits of digital or card payments. A lot of this has to do with a misunderstanding of the options available to them.

Mastercard is extending the amount of time it allocates to global employees for bereavement to 20 days, following Facebook’s adoption of a similar policy.

Most fintech startups fall into one of two camps: those that want to compete with banks and those that want to save banks from themselves. Ripple is the rare exception that wants to do both.

A year after announcing plans to collaborate with U.K.-based Featurespace to develop fraud-fighting tools with artificial intelligence and machine learning, Total System Services (TSYS) has rolled out a new offering that aims to predict new and unknown fraud types, while cutting back on “false positive" fraud warnings.