Five UK Bus Operators to Introduce Contactless Payments
- 9 years 4 months ago
- Payments
Stagecoach, First Bus, Go-Ahead, Arriva and National Express are working together to produce a business case which is expected to be completed by late spring 2016. The scheme, funded predominantly by the private sector, could see new EMV contactless technology installed on every one of the UK’s 32,000-plus buses outside London. It would offer cashless travel for those who want it and capped pay-as-you-go-fares in all urban areas.
TD Bank to Release Cash Rewards Credit Card
- 9 years 4 months ago
- Payments, Credit Cards
TD Bank, America's Most Convenient Bank® today launched a new credit card product that makes it easier for consumers to earn cash back on everyday purchases. The TD Cash Visa Signature Credit Card provides 2 percent cash back on all dining types and 1 percent cash back on all other purchases.
Adyen Reaches $50 billion Processes in 2015
- 9 years 4 months ago
- Transaction Banking, Payments
Adyen, the global payments technology company, today announced that it processed $50 billion in transaction volume in 2015, up from $25 billion, and achieved revenue of $350 million, a growth of more than 100 percent over 2014. The results underscore how Adyen is building on its position as the global partner of choice for international ecommerce, and is rapidly expanding its point of sale offering by connecting a new range of customers to its... more
Ingenico Group to Launch Contactless Payment on Panasonic Tablet
- 9 years 4 months ago
- Payments
Ingenico Group a provider in seamless payment, announces having introduced contactless payment onto a Panasonic tablet. This represents a major step in the partnership between Intel and Ingenico Group, initiated in March 2015 and aimed at integrating Intel's technology and Ingenico Group's secure payment solutions into connected objects.
Federal Reserve Partners with IBM to Boost its Retail Payments
- 9 years 4 months ago
- Payments, Infrastructure
IBM (NYSE: IBM) announced today that the Federal Reserve Bank of Atlanta’s Retail Payments Office has selected IBM to modernize its automated clearing house (ACH) processing platform. When conducting ACH operations, the Federal Reserve serves as the central operator ensuring electronic payments (direct deposit, bill payments) clear and settle between commercial banks.
Swift India Announced Partnership with Barclays
- 9 years 4 months ago
- Trade Finance, Payments, Banking, Treasury
Swift India announced that Barclays selected it as a channel for payments, cash management, trade finance and treasury transactions for their corporate customers. Eleven banks in India have already selected SWIFT India and are currently under implementation.
Fiserv and Alpha Payments Cloud Announce Partnership to Boost Real-Time Payments in Australia
- 9 years 5 months ago
- Payments
Alpha Payments Cloud, a global leader in providing third party payment, risk and commerce solution access to international banks and merchants, has today announced a partnership with Fiserv, Inc., a leading global provider of financial services technology solutions. The partnership will provide Australian banks with a simpler and faster way to process payments in Australia while also generating significantly more value through the addition of... more
Newgen Payments Expands in Dutch Market
- 9 years 5 months ago
- Payments
Newgen Payments is entering in the Dutch market, kicking off at Webwinkel Vakdagen in Jaarbeurs Utrecht on January 20-21 2016.
Earthport Announces Release of Distributed Ledger Hub
- 9 years 5 months ago
- Payments, Banking, Infrastructure
Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, known for its operation of a large global ACH infrastructure, today announces further expansion of its growing capabilities with the launch of its Distributed Ledger Hub (DLH). The DLH is a service accessed through Earthport’s Distributed Ledger Gateway, announced in August of 2015, that will provide full connectivity into the Ripple distributed ledger protocol,... more
Fexco and Volksbank Team Up for DCC Payment Platform
- 9 years 5 months ago
- Payments, Infrastructure
Fexco – a independent global provider of Dynamic Currency Conversion and Multi-Currency Pricing (MCP) technologies and Germany’s First Cash Solution, a wholly owned subsidiary of Volksbank Offenburg eG, have announced a collaboration which will see FEXCO’s world class DCC solution provided to over 14,000 merchants throughout Germany. The announcement was made during the Enterprise Ireland Trade and Investment Mission to Netherlands and Germany... more
FSS Announced Agreement with Montran Corporation
This agreement with Montran will now enable FSS to provide customized solutions that will address the Wholesale Payments needs of the Banking industry in the country. FSS has spearheaded the growth of retail & whole sale payments in India by serving banks, financial institutions, merchants, governments and other verticals through a rich portfolio of payments products and services.
Apple Pay is Available for Cardinal Bank Customers
- 9 years 5 months ago
- Payments, Mobile Banking
Cardinal Bank announced today its consumer and business clients will now have access to make purchases with Apple Pay using their Cardinal Bank debit and credit cards. This new service transforms mobile payments with an easy, secure and private way to pay for purchases.
Maybank to Release Contactless Wristbands
- 9 years 5 months ago
- Payments, IT Innovations, Infrastructure
Customers of Malaysia's Maybank can now make payments with a wave of the wrist using NFC wristbands developed by the bank in association with Visa. The smart wrist band uses Visa's PayWave technology to enable contactless payments at more than 1000 locations across the country. The Maybank PayBands follow the PayWave microtags previously issued by the bank for customers to stick to their mobile phones for contactless payments. Visa expects the... more
MasterCard and Coin Announce Partnership to Boost Wearable Payments
- 9 years 5 months ago
- Payments
MasterCard today announced a partnership with Coin to bring MasterCard payments to a wide array of fitness bands, smart watches and other wearable devices. This collaboration builds upon the MasterCard announcement in October introducing the Commerce for Every Device program to enable any consumer gadget, accessory or wearable to become a payment device.
GFT Releases Blockchain App for Commodities
- 9 years 5 months ago
- Payments, Infrastructure
GFT, the leading provider of advisory, business consulting, IT and software services has launched its commodities consensus computing prototype for clients, which demonstrates how it is possible to track physical commodities assets through the use of a distributed ledger-based business model.
