Friday , April 19, 2024

Search Results for: europe

Visa And Mastercard Grow In Europe As Issuers Drop Electron and Maestro Brands

As in the United States, Visa Inc. and Mastercard Inc. dominate card payments in Europe, but now the two U.S.-based card brands are growing on that continent partly at the expense of smaller brands they own. European issuers are systematically switching Visa Electron and Mastercard Maestro cards to simply Visa …

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PayPal’s Visa Europe Expansion and other Digital Transactions News briefs

Mastercard Inc. acquired Brighterion Inc., a software company specializing in artificial intelligence that Mastercard expects will enhance its customer-experience and fraud-prevention services for customers. Terms of the deal were not disclosed. PayPal Holdings Inc. and Visa Inc. extended to Europe a collaboration deal first announced last summer. Under the agreement, PayPal’s European operation will promote …

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VeriFone Engage Marks European Launch and other Digital Transactions News briefs

• ATM network owner and operator Cardtronics plc announced an expanded relationship with Carnival Cruise Line that adds Cardtronics ATMs to the crew areas of Carnival’s 25-ship fleet and makes Cardtronics Carnival’s exclusive ATM provider for both guests and crew. Cardtronics will have two ATMs for passengers and two for crew …

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Visa Europe Helps To Lift Visa Inc.’s Total Payment Volume by 47%

By Jim Daly@DTPaymentNews You thought Visa Inc. was big already? Boosted by Visa Europe and solid growth in the U.S. and some other regions, the world’s largest card network’s credit and debit card payment volume grew 47% in the quarter ended Sept. 30. Foster City, Calif.-based Visa Inc. on Monday …

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Visa Sets April 2018 Deadline for European Issuers To Support 3-D Secure Version 2.0

Visa Inc. announced Thursday that credit and debit card issuers in Europe will be the first issuers to adopt Visa’s program for using 3-D Secure 2.0, the impending update to an authentication protocol for online transactions originally introduced more than a decade ago. Visa said certain rules, such as fraud-chargeback …

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Square Posts Europe Job Openings and other Digital Transactions News briefs

• Guardian Analytics, a fraud-risk technology vendor, introduced what it says is the industry’s first real-time service to detect fraud in same-day automated clearing house transactions. Same-day ACH is scheduled to begin processing Sept. 23 with ACH credits, leaving some experts concerned that originating and receiving institutions will have less …

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Eye on Earnings: Visa Europe Acquisition Crimps Visa Inc.’s Profit; PayPal Volumes Grow

Visa Inc.’s combined U.S. credit and debit card purchase volume grew nearly 10% in the quarter ending June 30, but the payment network’s net income plunged 76% mainly because of its costs to acquire Visa Europe. PayPal Holdings Inc., meanwhile, saw its volumes and bottom line increase in the second …

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Circle Lands a $60 Million Investment As It Eyes Expansion Into China And Europe

Digital-currency specialist Circle Internet Financial Ltd. is expanding into China following a $60 million investment from a syndicate of investors. This follows a $50 million funding round raised last year by the Boston-based company. Circle enables users to send and receive funds instantly at no charge using blockchain technology. A …

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Banks Cash in on Visa Europe Deal and other Digital Transactions News briefs

• Wal-Mart Stores Inc. launched Walmart Pay in 11 states: Virginia, North Carolina, South Carolina, Nebraska, South Dakota, North Dakota, Iowa, Tennessee, Kentucky, Michigan, and Indiana. • Citing volatile exchange rates for the British pound, some money-transfer companies are temporarily suspending pound transfers until after results of today’s “Brexit” vote on …

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Digital Transactions