Deutsche Bank Partners with Silverflow for Merchant Processing
Silverflow’s support for Deutsche Bank includes enabling the bank’s large retailer clients, such as Bolt, to operate many merchant services independently, including using dedicated BINs to help with expansion into new markets.
Top Merchant Acquirers in Europe—2024
The acquirers listed here handled 216.16 billion global brand and domestic-only debit, credit and prepaid card transactions to purchase goods and services in 2024. This was up 9.6% over 2023. The purchase volume of those transactions grew to $6.635 trillion. For the complete ranking, data and tables, please log in and download Issue 1287. Bancontact, […]
Dynamic CVV on Mobile App
Safecypher’s dynamic CVV can be used with Apple and Android smartphones and tablets that incorporate biometric authentication.
Visa Adds BNPL Cards
Most buy now, pay later (BNPL) purchases initiated through fintechs are authorized outside of the global card networks yet the vast majority of those transactions are paid off using a global brand debit card.
Barclays’ Payment Acceptance Business to Brookfield
Alternative asset management firm Brookfield has entered a partnership with Barclays Bank in the UK to carve out its payment acceptance business, including processing contracts, POS terminals and gateways, as well as services pertaining to foreign exchange, data and analytics.
Card-Present Transactions for Online Merchants
Software that enables card-present transactions for online merchants by using a buyer’s phone to enter a PIN is available from start-up Burbank.
Entrust’s NFC IPhone Wallets
Mastercard, Visa and domestic-only credit and debit cards in Europe can be added to issuer-branded wallets on iPhones using HCE (host card emulation) technology from Entrust.
Idemia and R3 Partner for Offline CBDC Payments
The combination of IST and R3 enables CBDCs to be issued on Corda and used for retail offline transactions.
Ingenico’s Axium CX9000
The CX9000 has a small footprint (11.25 inches high, 15 inches wide, 11.375 inches deep) with integrated cable management and is intended for installation at retailers, restaurants and small businesses that need to preserve counter space.
Digital Asset Infrastructure for PSPs and Acquirers
Utila’s digital asset adoption technology is enterprise-grade and was designed for the high-speed operations needed by payment service providers, payment gateways, issuers of stablecoin products, neobanks and others.