Payments Cards and Mobile - All News

hyperWALLET and Fidor Bank AG to cooperate in global e-payments sector

Tue, 29 May 2012 19:00:07 +0100

hyperWALLET and Germanys Fidor Bank andnbsp;have announced a binding MOU to develop close and extensive collaboration in the international e-payments sector. The combination of hyperWALLETs market leading global payment capabilities and Fidor Bank AGs broad internet banking services will enable a powerful and unique cross-border financial services offering to consumers and businesses across North America, Europe and beyond.

Elavon to launch mobile payments acceptance solution

Tue, 29 May 2012 16:27:26 +0100

By incorporating CreditCalls CardEase Mobile technology into Elavon MobileMerchant, the worlds first Chip and PIN card reader and mobile payment app for Android and BlackBerry smartphones and tablets becomes available.

SIX awarded contract to process Bancontact MisterCash

Tue, 29 May 2012 16:16:47 +0100

Bancontact/Mister Cash, the well-established and successful Belgian debit card scheme, and SIX Payment Services, a leading European processor of card transactions, have signed a contract regarding the processing of the Bancontact/Mister Cash debit card transactions. This assignment means that SIX will further expand its presence in the international card business and strengthen its position in this dynamic environment.

SIA Central Europe focuses on innovation in payment

Fri, 25 May 2012 15:18:36 +0100

SIA Central Europe is focusing on innovation in payment services, and more specifically on the development of e-payments, mobile payments, NFC (Near Field Communication) technology and convenient, fast solutions that reduce the use of cash and simplify the life of citizens.

Planet Payment acquires Branded Payment Solutions Ltd

Fri, 25 May 2012 10:52:44 +0100

Planet Paymentandnbsp;announces that the Company has completed the purchase of Branded Payment Solutions Ltd, an Irish payments company based in Dublin (BPS).

Global prepaid payments processor Yalamanchili launches in Europe

Fri, 25 May 2012 10:49:08 +0100

The European payment processing market today faces considerable disruption following the European launch of Yalamanchili, an Asian born multinational payments processor that takes a radical new approach to the delivery of card payment processing solutions.andnbsp;

FICO reports UK credit card delinquencies have fallen to two-year low

Fri, 25 May 2012 10:47:00 +0100

FICOandnbsp;released its quarterly UK cards data showing that delinquencies have fallen over the past six months. For so-called classic (non-premium) credit cards, less than 5% of the balances on all cards were 30 days delinquent in March, which represents a two-year low.andnbsp;

ECJ vindicates ban on anti-competitive card fees

Fri, 25 May 2012 10:36:12 +0100

The European Court has today upheld the Commissions 2007 decision on MasterCard, ruling that the MIF set a floor under the costs charged to merchants and thus constituted a restriction of price competition that was to their detriment.andnbsp;

MasterCard loses card fee challenge

Fri, 25 May 2012 10:27:24 +0100

Mastercard lost a challenge to an EU ban on its cross-border card fees in a ruling that puts rival Visa Europe squarely in the sights of European regulators over its charges.

BPC Banking Technologies chosen to help Russian regional bank to transform its payment business

Wed, 23 May 2012 10:59:23 +0100

BPC Banking Technologiesandnbsp;reports that its SmartVista solution was chosen by North Credit Bank to support its in-house payment processing centre. By using SmartVista, the Bank will have total control of its card business, and will be able to pass Visa and MasterCard smartcard issue certifications.

MoneySwap appointed as China UnionPay POS merchant acquirer for Europe

Wed, 23 May 2012 10:55:37 +0100

MoneySwap, the Asia focused prepaid card and online money services business, is pleased to announce that it has signed an agreement with China UnionPay (UnionPay) to act as an overseas business acquirer for the UnionPay Point of Sales (POS) programme (the Agreement). andnbsp;

txtNation launches new HLR Lookup platform

Fri, 18 May 2012 17:24:23 +0100

txtNation have released their new HLR Lookup platform capable of processing several thousand messages per second.

RBS deploys Clear2Pay�s Open Payment Framework for SEPA in Europe

Thu, 17 May 2012 10:53:13 +0100

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions, clearing and settlement companies and corporates announces that Royal Bank of Scotland (RBS) has selected its Open Payment Framework (OPF) as the technology of choice to power its payments services hub for SEPA. This includes more than 18 international RBS branches and its chosen FI clients and partner banks.

Albron selects Equens for �Quick and Easy Payments�

Thu, 17 May 2012 10:50:01 +0100

Albron, the largest independent caterer in the Netherlands, is to begin offering biometric and contactless payments in its restaurants in cooperation with Equens. Today, Albron and Equens signed a contract for the service Snel en Simpel Betalen [Quick and Easy Payments].

Prima Payments signs with Phoenix Managed Networks for PaySecure

Thu, 17 May 2012 10:47:38 +0100

Phoenix Managed Networks (Phoenix) has announced a strategic relationship with Prima Payments Canada. andnbsp;

ATM Market in CEE growing seven times faster than in western Europe

Thu, 17 May 2012 10:12:11 +0100

The central and eastern European (CEE) ATM market continued its recent trend of strong, but steady growth, last year, increasing by another 10% in 2011. 18,000 new machines were installed, bringing the total to 208,000.andnbsp;

TSYS unveils its agenda for connected mobility

Thu, 17 May 2012 09:58:21 +0100

TSYS has announced andnbsp;its agenda for connected mobility to support commerce for digitally active consumers those accustomed to navigating their daily lives with smart phones, tablets, game systems, electronic readers and computers. This initiative will enable consumers and businesses to connect and communicate in real time through a variety of devices that support mobility, business applications and commerce.

EPC's annual public consultation on the evolution of the SEPA credit transfer and SEPA direct debit schemes

Thu, 17 May 2012 09:56:11 +0100

The European Payments Council (EPC), representing the European banking industry in relation to payments, today launched the annual public consultation on possible modifications to the SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) Scheme Rulebooks. The EPC encourages all Single Euro Payments Area (SEPA) stakeholders to provide feedback by 13 August 2012. Updated versions of the SCT and SDD Rulebooks will be published in November 2012. In accordance with industry best practice, payment service providers (PSPs) and their suppliers have a one-year lead time to address rulebook updates prior to such updates taking effect.

Specifications to Standardize the Trusted Execution Environment

Thu, 17 May 2012 09:52:27 +0100

GlobalPlatform has launched its latest specifications for the Trusted Execution Environment (TEE). The technical documents, which are free to download from www.globalplatform.org, significantly advance GlobalPlatforms infrastructure to standardize the TEE; a secure area that resides in the main processor of devices such as a smartphone and ensures that sensitive data is stored, processed and protected in a trusted environment. andnbsp;

Payments industry businesses report sales through social media

Mon, 14 May 2012 12:18:42 +0100

The international payments industry - often thought of as being risk-averse and reluctant to embrace new ways of working - is on the verge of opting for widespread use of social media channels. Payments industry specialist research house Eurasia Insights' latest findings are to be published in The Social Media in Payments Report 2012 in June.