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Mastercard-VocaLink deal tops payments industry's 2016 acquisitions

Payments Source

Mastercard's deal for a controlling stake in VocaLink represented the largest transaction value in payments in 2016 for an industry that saw an 18% increase in acquisition volume.

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Adyen grows with 80 percent its payment volumes in 2016

The Paypers

(The Paypers) Adyen , a fintech company, has reported 80% increase in 2016 payment transaction volumes to USD 90 billion due to some global online players and expansion in Asia and the Americas.

Volume 28
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Q3 2016 (Mostly) Hits The Target

PYMNTS

million, with payment processing transactions volume seeing 15 percent growth. The cross-border payments firm released its full-year 2016 report this week, and CEO Hank Uberoi highlighted revenue increases across the globe. Amex reported encouraging Q3 2016 results, with a $200 million decrease in segment expenses and revenue at $7.77

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2016 UK Fraud Figures Show Disturbing Trend

FICO

Financial Fraud Action UK (FFA UK) recently released their 2016 UK fraud performance report. Whilst there were some logical changes between 2015 and 2016, I was surprised at the fluctuation and significant shifts fraudsters have made in order to circumvent existing controls.

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Credit, Debit, Prepaid Card Purchases Increased 7 Percent In 2016

PYMNTS

saw purchase volume increase 7 percent year over year in 2016. That’s according to the Nilson Report, which said in a press release Monday (May 8) that credit, debit and prepaid cards’ purchase volume in the U.S. reached $5.648 trillion in 2016. Credit, debit and prepaid cards issued in the U.S. percent, up from 45.84

Volume 40
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PayPal’s Solid Showing To End 2016

PYMNTS

PayPal met analyst expectations as it reported its Q4 2016 earnings yesterday (Jan 26) — while adding active uses and increasing payments volume. PayPal reported adjusted net income of $512 million, or 42 cents per share during Q4 2016, vs asjusted net profit of $443 million, or 36 cents a share, in the same period last year.

PayPal 40
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Alibaba’s Singles Day Tops $25B, Crushing 2016 Record

PYMNTS

Alibaba Group Holding, the Chinese eCommerce giant, saw gross merchandise volume of $25.3 What’s more, 90 percent of the total gross merchandise volume for the 24-hour shopping event was settled through the company’s mobile payment unit, Alipay. 140,000 brands and merchants participated, with Alipay processing 1.48

Volume 49