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All articles about Payment Networks sector

Achieving Development Targets – Role of National Payment Schemes

Achieving Development Targets – Role of National Payment Schemes

The world is getting smaller. In terms of reach at least. Thanks to the internet, cross-border commerce is growing fast and international payments are a whole lot easier and cheaper than they used to be.

by Samee Zafar | Jul 04, 2019
3 mins read
Conversation with Tarek Raouf, CEO of the Egyptian Banks Company

Conversation with Tarek Raouf, CEO of the Egyptian Banks Company

Tarek Raouf, CEO of the Egyptian Banks Company (EBC), spoke to EDC’s Samee Zafar. EBC provides infrastructure for electronic payments and clearing systems in Egypt.

by Samee Zafar | Aug 01, 2019
3 mins read
M&A deal of the month: Visa buying Verifi

M&A deal of the month: Visa buying Verifi

Within the last two weeks, the European payments industry received the (long-expected) opinion paper from the EBA concerning the delayed implementation of Strong Customer Authentication (SCA). As a reminder, the main rationale for SCA was the need to reduce fraudulent transactions in an online environment, and – because cardholders would be strongly authenticated – the number of chargebacks.

by Volker Schloenvoigt | Jul 02, 2019
2 mins read
Deal Of The Month – Acquisition of CBRF by Klarna

Deal Of The Month – Acquisition of CBRF by Klarna

After one month off for a summer break, we are back looking at interesting M&A deals announced during the last few weeks.One deal that has caught our eyes in August was the acquisition of Close Brothers Retail Finance (CBRF) by Klarna, the Swedish provider of financial services and payment solutions.

by Volker Schloenvoigt | Oct 01, 2018
1 mins read
Interview with Paul Stoddart, CEO of Vocalink, a Mastercard company

Interview with Paul Stoddart, CEO of Vocalink, a Mastercard company

EDC’s Samee Zafar met with Paul Stoddart, CEO of Vocalink, a Mastercard company since July 2017. Created in 2007 from the merger between Voca and LINK, Vocalink designs, builds and operates industry-leading bank account-based payment systems.

by Samee Zafar | Apr 04, 2018
3 mins read
Interview with Soner Canko, CEO of BKM, and Cenk Temiz, MD of TROY and EVP Strategy BKM, on the creation of the domestic Turkish card scheme TROY

Interview with Soner Canko, CEO of BKM, and Cenk Temiz, MD of TROY and EVP Strategy BKM, on the creation of the domestic Turkish card scheme TROY

Turkey has a young population who embrace technology and new products, which has made Turkey a center of innovation within financial services. The banking sector, in terms of asset size, has grown at an annual compound rate of 20 per cent over the past 15 years.

by Peter Sidenius | Jun 29, 2017
7 mins read
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