Icon Solutions Introduces Instant Payments Framework
- 8 years 10 months ago
- Payments, Infrastructure
Icon Solutions, the independent IT payment consultancy and specialist technology provider, today announced the worldwide launch of its Instant Payments Framework (IPF). IPF is an agile yet robust software product that expedites financial institutions’ transition to instant payments. IPF was designed specifically to meet the needs of national banks and global bank subsidiaries who regularly find the cost and complexity of current payment hubs... more
The Co-operative Group Taps ACI Worldwide to Boost Data Security
ACI Worldwide announced that The Co-operative Group (Co-op), one of the UK’s largest food retailers, has selected the company to run its card payments processing operations and maximise card data security across all of its UK food stores and fuel sites. The retailer, with over 2,800 stores, will utiliseACI’s UP Merchant Payments solution to secure its payment data with the latest version of its point-to-point encryption (P2PE) and ... more
Visa Boosts Up Digital Payments for Rio 2016 Olympic Games
- 8 years 10 months ago
- Payments
Visa celebrated the 100 day milestone to the Rio 2016 Olympic Games. In its 30th year as the exclusive payment provider of the Olympic Games, Visa is creating and managing the entire payment system infrastructure and network throughout all venues including stadiums, press centers, point-of-sale (POS), the Olympic Village and Olympic Superstores. This year Visa will implement 4,000 POS terminals across key Olympic venues, as well as 11 ATMs in... more
FIME Aids Development & Roll-Out of First Android Payment Terminal
- 8 years 10 months ago
- Payments
FIME today announces its successful collaboration with AEVI, a subsidiary of Wincor Nixdorf, to support the development and roll-out of the world’s first payment terminal product based on the Android operating system (OS). The tablet point of sale (POS) device, called‘Albert’, gives merchants a complete solution to manage a range of business functions and accept a number of different forms of secure payments. The solution is already live and in... more
ACI Worldwide and Ovum Discuss Shift in Payments Technology Investment
- 8 years 10 months ago
- Payments
Almost three-quarters (71 percent) of European retailers and financial institutions plan to increase spending on payments technology in the next 18 to 24 months in the face of increasing competitive pressure and a feeling of being ‘under siege.’
CPA Launches Global Messaging Standard in Canada
- 8 years 10 months ago
- Payments, Regulatory Standards, Infrastructure
Canada joins a growing list of countries that have adopted ISO 20022, an important first step in the modernization of Canada’s payment system. ISO 20022 is a global standard for electronic payment messages that will help businesses and financial institutions facilitate the move away from paper by creating the ability to exchange more information – like invoices - with electronic payments. ISO 20022 also helps to streamline cross-border payments... more
VocaLink Won 2016 George Mitchell Payments System Excellence Award
- 8 years 10 months ago
- Payments
VocaLink announced today that it has been selected as the recipient of the 2016 George Mitchell Payments System Excellence Award. The award is given annually by NACHA—The Electronic Payments Association®. The award is named after former vice-chair of the Board of Governors of the Federal Reserve, George Mitchell, an early proponent of electronic payments. It honors an individual or organization that has shown superior leadership in the... more
Fiserv's 'CardFree Cash' Allows Cardless Access to Cash at the ATM
Fiserv announced the launch of
Dow Jones Prolongs Partnership with EastNets
- 8 years 11 months ago
- Security and Compliance, Payments
Dow Jones Risk and Compliance today announced that EastNets, a leading global provider of compliance and payment solutions for the financial services industry, will offer Dow Jones sanctions lists within its watchlist screening platform.
Samsung Pay Teams Up with Leading POS Makers to Expand Mobile Payment Adoption
- 8 years 11 months ago
- Transaction Banking, Payments, Mobile Banking
Samsung Electronics announced today new partnerships with the world’s largest POS makers, including Verifone (NYSE: PAY), Ingenico Group, First Data and Clover, PAX Technology, Equinox, ID TECH, MagTek, USA ePay and OTI Global, to accelerate mobile payment adoption by ensuring the best possible user experience at merchants’ point-of-sale (POS) systems during checkout. Samsung Pay is the only contactless payment solution that works at over 90... more
Worldpay Offers Unique Flexibility for the UK SMEs
- 8 years 11 months ago
- Payments
Worldpay has today unveiled a unique offering for the UK payments industry that will provide a greater range of payment pricing options, meaning SMEs can find the perfect payment plan to fit their business. Taking inspiration from the mobile telephony industry, the UK's number one payment provider has added 'Pay As You Go' and 'Fixed Monthly' card payment pricing plans giving Britain's small businesses more flexibility, simplicity and choice for... more
Discover Global Network Partners with Computop to Boost e-commerce Acceptance
Diners Club International, a wholly owned subsidiary of Discover Financial Services and part of the Discover Global Network, and Computop, a leading international payment services provider, today announced an agreement that will increase e-commerce acceptance for Discover, Diners Club and Alliance Partner cards.
Volante Technologies Supports ISO 20022 Real-Time Payments Group
Volante Technologies is pleased to announce support for the ISO 20022 Real-Time Payments Group (RTPG) global market practice guidelines which were published on 18th April 2016 on the ISO 20022 website.
Payments Professionals and FinTech Innovators Gather in TRANSACT 16
- 8 years 11 months ago
- Payments, FinTech StartUps
The Electronic Transactions Association (ETA), the global trade association representing the payments technology world, opened TRANSACT 16 today to thousands of payments professionals representing over 1,000 institutions from 30 countries to unveil the newest technologies, latest trends, security outlook and policy changes impacting e-commerce, fintech, and consumers. Show-floor passes and on-site registration are still available for... more
G&D's CloudPay Integrates with Visa's Token Service
- 8 years 11 months ago
- Payments, Cloud, Infrastructure
Visa Token Service is a new security technology that replaces sensitive payment account information found on payment cards, such as the 16-digit account number, expiration date and security code, with a unique digital identifier that can be used to process payments without exposing actual account details. Visa Token Service provides an industry standard EMVCo-compliant service for the generation, life-cycle management and processing of payment... more
