First Data to be acquired by private equity group for $29 billion
Global payment processor First Data has entered into an agreement to be acquired by an affiliate of private equity firm…
ByMonth: April 2007
Final terms of EU Payment Services Directive agreed
European Union (EU) finance ministers have agreed on the final terms of the Payment Services Directive (PSD), a fundamental part…
ByBelgian banks delay switch of debit card scheme to Maestro
The Belgian banking community has reversed a decision to switch its domestic debit card scheme, BancontactMister Cash, to the MasterCard…
ByRegion Round-Up
The transaction volume of debit cards for migrant workers in China has reached $250 million, according to China UnionPay... Spanish…
ByItaly’s card market picks up speed
Italy still has a cash-dominated economy, but the countrys cards industry is in growth mode and revolving credit is set…
ByMixed results for private-label cards
Private-label cards are an important revenue stream for issuers, and moving on from their beginnings as a niche offering they…
ByCiti puts money on innovation
Although the Asia-Pacific region is one of the most rapidly developing card markets in the world, ground-breaking innovations have been…
ByBanco Itaú conquers South America
The biggest issuer of credit cards in Brazil is poised for strong growth at home and in the wider South…
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