Mobile Payments Company Square Starts Operation in Australia
- 9 years 6 months ago
- Payments
Mobile payments company Square is to open its fourth global hub in Melbourne, Australia, to drive sales of its Register tablet POS. The US-based company has hired former National Australia Bank and Visa executive Ben Pfisterer to head up the Australian division. At Visa, Pfisterer led the card scheme's innovation and emerging products unit. He says that Square is looking to tap in to the entrepreneurial spirit of Australia's small business... more
Swift Institute Research Indicates Benefits of Outsourcing by Mutual Funds
- 9 years 6 months ago
- Payments
The SWIFT Institute announces the availability of new research that for the first time investigates the consequences of outsourcing different types of services by mutual funds in Europe.
Non-cash Payments Overtook Cash Payments For The First Time
- 9 years 6 months ago
- Payments
Dave Hobday, MD of Worldpay UK, said: “We know that 10% of Brits don’t carry any cash on them, so if you’re only taking cash payments, that’s one in 10 potential customers who will never consider shopping with you. “When all the recent talk is around technology making payments fast, secure and convenient, notes and coins increasingly seem like something our children will laugh about in the future.
Postbank tests HCE mobile payments
- 9 years 6 months ago
- Payments
Germany's Postbank is to run an internal pilot of an NFC mobile payments app operating in a Host Card Emulation environment. Postbank employees participating in the project will be able to use their Android smartphones at the checkout to make contactless payments with a tap of their phone at the cash register. The technology, supplied by Worldline, includes the use of digital tokens and one-time keys to protect customer card data.
Worldpay extends global payment acceptance capabilities to India
- 9 years 7 months ago
- Payments
Worldpay, the global leader in payments has partnered with IndusInd Bank Limited to offer domestic acquiring services in India. The association will assist both companies in processing customers’ payments and marks the first step for Worldpay in entering the Indian market – a result of the growth in eCommerce across the country.
WorldRemit launches in five new countries
- 9 years 7 months ago
- Payments
Online money transfer service WorldRemit has launched in five countries in South America and Eastern Europe. WorldRemit customers can now send money transfers direct to the bank accounts of their friends and family in Chile, Czech Republic, Hungary, Slovenia and Bulgaria.
NASDAQ OMX Stockholm officially listed bitcoin-based certificate
- 9 years 7 months ago
- Cryptocurrencies
Nasdaq (Nasdaq: NDAQ) announced that Bitcoin Tracker One (short name: BITCOIN XBT), a tracker certificate that uses the digital currency Bitcoin as underlying asset, starts trading today at Nasdaq Stockholm.
BNY Mellon unveils payments analytics
- 9 years 7 months ago
- Payments
BNY Mellon, a global leader in investment management and investment services, has expanded its analytical support for treasury services clients with the launch of Payment Analytics.
Denmark opts for cashless - Will the UK follow suit? UK's cashless cities revealed by Worldpay
- 9 years 7 months ago
- Payments
Denmark has moved one step closer to becoming the world's first cashless society, as the government proposes scrapping the obligation for retailers to accept cash as payment. How quickly will other countries such as the UK begin to follow suit? Data from Worldpay, the UK’s leading payments processor, reflects a significant shift in the way British consumers are paying for goods, with High Street credit and debit card transactions rising just... more
Cardtronics and CST Brands Establish Cross-Border ATM Services Relationship
- 9 years 7 months ago
- ATMs
Cardtronics, Inc. (Nasdaq: CATM) today announced an expanded ATM services relationship with CST Brands, Inc. (NYSE: CST).
ACI Worldwide Commits to the Expansion of UK Faster Payments
- 9 years 7 months ago
- Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, announced today that it has signed a Letter of Commitment in support of the UK Faster Payments Scheme’s New Access Model, to operate as both ‘single tenant’ and ‘multi-tenanted’ aggregator.
Hyosung Surpasses NCR as Leading Provider of ATMs
- 9 years 7 months ago
- ATMs
Nautilus Hyosung America (Hyosung), the fastest growing supplier of ATMs in North America and the market leader in Branch Transformation solutions, today announced that it is now the largest supplier of ATMs to the U.S.
FICO Data Shows Credit Card Fraud Rising in Germany
- 9 years 7 months ago
- Payments
17 percent increase in credit card fraud losses observed in a sample of 7.5 million cards Total card purchases rose just 5 percent 70 percent of card fraud was card-not-present, 80 percent was cross-border
EMVCo Reports 3.4 Billion EMV Chip Payment Cards in Global Circulation
- 9 years 7 months ago
- Payments
Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV® chip technology. By the end of last year, the number of EMV payment cards in circulation rose by 1 billion, up 43%, to 3.4 billion, from 2.37 billion in Q4 2013.
Visa Europe launches innovation hub
- 9 years 7 months ago
- Payments
Visa Europe today announces the launch of Visa Europe Collab, its new international innovation hub. Working with a network of partners from across the digital and fintech ecosystem, Visa Europe Collab offers start-ups and technology entrepreneurs the insight, tools and connections to forge the technologies and services that will transform citizens’ interactions with payments.
