Aconite’s Smart EMV Manager – which allows existing card authorisation systems to process EMV card transactions – has gone into production at Fiserv.
The product preserves the investment made by issuers and processors in their authorisation platforms by providing fully featured EMV capability in a plug-in solution.
With Smart EMV Manager, Fiserv can process EMV transactions across multiple card products and establish the foundation for enhanced chip capabilities as these are introduced in the marketplace.
Despite faster payment technologies, business-to-business payments by paper cheque show no sign of decline from three years ago.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A paper from the independent researcher analyses whether Bitcoin will crowd out fiat currencies in the global community.
Cheques are become less and less common in the UK according to research from global market research firm Mintel which claims Britons' use of contactless cards has overtaken cheque payments for the first time.