January 29, 2019

ICMA, the International Card Manufacturers Association, a global trade association for card manufacturers, personalizers, issuers and suppliers, just published its 2018 statistics for the card market demonstrating that chip cards represented 88.5% of revenue for all ca...

January 23, 2019

MasterCard: EUR 570 million

MasterCard has just been sanctioned with a EUR 570.6 million penalty by the European Commission for “limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in brea...

January 21, 2019

Fiserv and First Data just announced that Fiserv, a company seen as a FinTech is acquiring First Data, the world-leading payment processor, in an all-stock transaction valued US$ 22 billion (EUR 19.3 billion). However, as First Data is heavily indebted, to the level of...

January 10, 2019

Google just announced it has been granted a European “electronic money institution license” raising concerns among the more traditional payment community.

The Bank of Lithuania has granted Google Payment Lithuania this license that allows the company to issue and redeem...

January 4, 2019

Apple just announced a profit warning a couple days ago that resulted in a 10% drop in their share on Thursday. Now the company is no longer the #1 in terms of valuation but, with US$ 680 billion (EUR 598 billion) sits in the 4th place after Microsoft, Amazon and Googl...

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