Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

National card schemes propose euro payments alliance

German card processor Zentraler Kreditausschuss (ZKA) is aiming to create a 'Euro Alliance of Payment Schemes' with partners in Portugal, Italy, Spain and the Netherlands in an effort to interlink national debit card systems to process cross-border transactions.

24 May 2006

News/EBAday

Al Rajhi Bank selects ACI software for EMV roll out

Saudi Arabia's Al Rajhi Bank (ARB) is installing ACI Worldwide's Smart Chip Manager package for the issuing and processing of multi-application EMV smart cards.

22 May 2006

News/EBAday

Banksys cans BC/MC national payments system in favour of Maestro

Belgium's bank-owned payment network, Banksys, is ditching its existing domestic system for card payments in favour of MasterCard's Maestro global processing platform in preparation for the introduction of the Single Euro Payments Area (Sepa) in 2008.

18 May 2006