Cashing in on Cashless Payments: Rise of Global Consumer Brings Surging Demand, Disruptive Competition to Industry in Flux
- 8 years 6 months ago
- Payments
From Shanghai to São Paulo, Dhaka to Dar es Salaam, tarnished coins and crumpled banknotes are rapidly giving way to a frictionless vision of swipes, clicks, taps, and apps. A report released today finds the boom of mass consumption in major developing markets—and mobile internet access everywhere—fueling a surge in demand for new methods of cashless payment. This is transforming the industry as new competitors and business models rush in to... more
Ohio Bureau of Motor Vehicles Implements PaymentExpress
- 8 years 6 months ago
- Payments
Grant Street Group announced that the State of Ohio has implemented PaymentExpress, Grant Street’s electronic payment processing platform, as the new point-of-sale solution for the Department of Public Safety/Bureau of Motor Vehicles (BMV). The Ohio BMV now offers citizens the ability to make payments with credit or debit cards at 191 Deputy Registrar locations and 6 Reinstatement Centers throughout the State.
Sigue Global Services Continues its Global Presence in Russia and the CIS
- 8 years 6 months ago
- Transaction Banking, Payments
Sigue Global Services Ltd. , the international affiliate of money transfer leader, Sigue Corporation, today announced the launch of its remittance services into Russia and the Commonwealth of Independent States (CIS). Sigue will partner in the territory with Golden Crown, one of the largest payment system networks in Russia with approximately 49,000 agent locations throughout Russia, the CIS, and other countries, including Azerbaijan, Belarus,... more
WEX Australia Prolongs Agreement with Helloworld through New Deal with QBT
- 8 years 6 months ago
- Payments
WEX Inc, a leading provider of corporate payment solutions, today announced that WEX Australia has extended its master agreement with the Helloworld Group (ASX: HLO) by signing a new contract with QBT, a market leading travel management company (TMC), to provide a virtual paymen
Rio de Janeiro Unveils Gemalto Contactless Transport Ticketing Wristband
- 8 years 6 months ago
- Payments
Gemalto, the world leader in digital security, announces its collaboration with RioCard, Rio de Janeiro's public transportation ticketing operator, to implement contactless transport ticket wristbands. When fully implemented, the solution will simplify secure payments and improve convenience ensuring smoother travel in any mode of transportation (bus, ferry, subway and train) for more than 10 million residents[1] and visitors to Brazil's second... more
AUKA Draws Parallel Between Pokemon Go and Scandinavian Mobile Wallets
- 8 years 6 months ago
- Payments, Infrastructure
The latest craze of Pokemon Go demonstrates how something nonexistent one day can take the world by storm the next, bringing gamification to the streets and enabling businesses to advertise in new ways, by sponsoring locations, for example.
Early Warning and Fiserv Team Up to Boost P2P Payments
- 8 years 6 months ago
- Payments, Infrastructure
Early Warning, the industry leader in real-time payments, authentication and risk mitigation, and Fiserv, a leading global provider of financial services technology solutions, today announced a strategic alliance to extend the availability of real-time person-to-person (P2P) payments. The combination of the largest bank-owned digital payments network with the leading provider of financial institution based P2P services will broaden consumer... more
Western Union and Metro Inc. Prolongs Relationship in Canada
- 8 years 6 months ago
- Transaction Banking, Payments, Infrastructure
The Western Union Company, a leader in global payment services—has announced that it will be extending their long-standing relationship with Metro Inc. a top Quebec and Ontario supermarket chain—and one of Western Union Canada’s largest Agent networks. Western Union international and domestic money transfer and bill payment services will continue to be available at more than 360 Metro locations in Ontario and Quebec.
Gemalto Supplies Hellenic Bank with its Optelio Contactless EMV Payment Wristbands
- 8 years 6 months ago
- Payments, Infrastructure
Gemalto supplied Hellenic Bank, a major Cypriot financial institution, with its Optelio contactless EMV Payment wristbands. These water-resistant NFC wristbands that are marketed as PayBand to Cyprus consumers will ensure that Hellenic Bank customers no longer have to worry about carrying cash or cards, even when they head to the beach or pool this summer.
CellPoint Mobile Introduces Velocity Mobile PSP-as-a-Service
- 8 years 6 months ago
- Payments, Infrastructure
CellPoint Mobile is offering a new product called Velocity, the payment industry's first Mobile PSP-as-a-Service (MPaaS) solution to help airlines deploy popular mobile payment solutions, payment apps, and alternative payment methods (APMs) quickly, profitably, securely and without friction to existing financial systems.
ČSOB Opts SIA to Launch the First Mobile Wallet with NFC Technology in the Czech Republic
- 8 years 6 months ago
- Payments, Infrastructure
ČSOB, one of the largest commercial banks in the Czech Republic and part of the Belgian KBC Group, and SIA, a company specializing in the management of electronic payments, have developed and launched the first mobile wallet for NFC payments in the Czech Republic that supports both the MasterCard and VISA circuits.
Ingenico Group to Exhibit at the RSPA RetailNOW 2016 Conference
- 8 years 6 months ago
- Payments
Ingenico Group, the global leader in seamless payment, today announced it will be exhibiting at the
OKI Installs 600 sets of cash recycling ATMs to the State Bank of India
- 8 years 6 months ago
- ATMs
OKI reports the installations of 600 sets of cash recycling ATMs, ATM-Recycler G7, in June 2016, to the State Bank of India (hereinafter referred to as SBI), the largest bank in India.
Western Union Completes Southwest Border Monitor Primary Recommendations
- 8 years 6 months ago
- Payments, Infrastructure
The Western Union Company, a leader in global payment services, announced the successful completion of the primary recommendations made by the monitor pursuant to the Southwest Border settlement agreement, dated February 11, 2010. The monitor appointed by the Maricopa County Superior Court , in the State of Arizona , has concluded that Western Union has successfully implemented an effective anti-money-laundering program and implemented all the... more
Alliance Data's Card Services Business and Ulta Beauty to Uncover New Branded Credit Card Program
Alliance Data Systems Corporation, a leading global provider of data-driven marketing and loyalty solutions, today announced its Columbus, Ohio-based card services business, a premier provider of branded private label, co-brand and commercial credit programs, has signed a new long-term agreement to provide private label and co-branded credit card services fo
