Success in Payments means New Value on Existing Infrastructure – PayX Industry News

Our regular round up of the latest news in the Payments Industry. If you would like to receive our newsletter straight to your inbox, you can subscribe here     Top Stories EMV: U.S. Won’t Make October Deadline What will the next era of payments

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What will the next era of payments look like?

It’s quite incredible that the turn of the millennium was 15 years ago which seems so long ago and yet just yesterday. In the Payments industry changes are happening at a pace like never before, it rapidly attracts new players and the industry size grows

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APIs could unlock much needed banking industry transformation

Banks will need to open up their transactional data via API in order to maintain their foothold in a financial services ecosystem that is halfway through a decade-long industry-wide disruption, PayX CEO Adrian Hausser said Tuesday at the API Academy’s API360 Summit in London. Hausser’s company, PayX, is

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Payments APIs – The last mile to realising the Holy Grail in Payments?

Recently, three of the world’s biggest financial services firms—Mastercard, Visa and Citi—have promised to ditch their insular approach and open up their platforms to partners. APIs in Payments has become the forefront of Bank strategies to not only retain but grow market share, grow traction

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FIS acquires Clear2Pay

The Payments Industry acquisition trail continues with yet another large multi-billion revenue player cherry picking off a smaller product company with modern technology and existing complementary tier 1 customer base: Key Facts – FIS has signed a definitive agreement to acquire Brussels-based Clear2Pay. – The

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Nets Scandinavia, sold for $3.1 Billion to Private Equity and a Pension Fund

Nets, Scandinavia, the household name in payments processing has agreed on March 24th, 2014, its sale to a consortium of Private Equity players; Advent International, ATP and Bain Capital. Advent and Bain Capital already owning Worldpay, the Merchant Services business bought from RBS in 2010.

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The Last Technical Focus Group from EBUG?

Last year I was lucky enough to attend the 2012 EBUG TFG in London. In previous years, the EBUG TFG has been sponsored by ACI and held on their premises, but this year things were a bit different.  This year’s event was held at Trinity

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Mainframes – the Unsung Heroes of Payments

I came across an article the other day on a Mainframe Site by Marcel den Hartog called ‘Why do mainframe applications run FOREVER?!?’ I feel it is worth sharing with all those young guns out there. To quote Mr den Hartog “We simply don’t make

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Faster Payments Goes Global

Well maybe a slightly exaggerated title, but I was personally delighted and professionally intrigued to see that VOCALINK are preparing to deliver their Faster Payments technology in Singapore and are part of a consortium proposing to deliver the technology in Australia. Personally delighted because, as

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In the battle for supremacy is the answer always to call in the regulator?

The long-established payments infrastructures of the world are immensely powerful beasts and seem to have got their strategy right. As a platform they appear to be designed to stem any immediate threat from new entrants by being both awkward and costly to work with. These

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