Vodafone Turkey Adds Eye Verification Tech To Mobile Wallet App
- 9 years 11 months ago
- Payments
Vodafone's Turkish arm is using technology from EyeVerify to enable customers to open its mobile wallet simply by looking at their handsets. Vodafone Cep Cüzdan mobile wallet users with iPhones can now register their 'eyeprint' by snapping a photo. From then on, to access the app they will be prompted to take a selfie. The feature uses EyeVerify's Eyeprint ID technology, which maps the unique veins in eyes and creates a digital key equal to a... more
Compass Plus survey reveals industry expectations for mobile technology are immobile
- 9 years 11 months ago
- Payments
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed the results of their recent research shows industry professionals believe mobile payments, NFC and contactless technology will reach mass adoption within five years despite previous results indicating they should already be mainstream.
Visa and FireEye Join Forces to Help Merchants
- 9 years 11 months ago
- Payments
Visa Inc. (NYSE:V) and FireEye, Inc. (NASDAQ:FEYE) today announced their intention to co-develop tools and services to help merchants and issuers protect against advanced cyber attacks targeting payment data.
Visa Europe claims mobile payments will go mainstream within the next year
- 9 years 11 months ago
- Payments
Smart devices are on track to replace cash and cards as UK mobile payments are projected to hit over £1.2bn a week by 2020, according to research by Visa Europe.
MasterCard Announced Its Partnership With Premier Bank
- 9 years 11 months ago
- Payments
At the World Economic Forum on Africa today, MasterCard announced its partnership with Premier Bank, becoming the first international payments network to enter Somalia. As a result of the partnership, Premier Bank will now issue and accept the first MasterCard-branded payment cards in Somalia, a country which hasn't had any form of formal banking service since the collapse of the government and financial services system in 1991.
£2.3bn wasted by UK companies on non-EU international payments in 2014
- 9 years 11 months ago
- Payments
UK companies wasted more than £2.3bn on non-EU international payments in 2014, according to a report from FXcompared Intelligence, the independent research division of FXcompared. A lack of awareness of better bank rates or non-bank foreign exchange and international money transfer services is revealed to unnecessarily add billions of pounds to the cost of exporting and importing, with SMEs suffering disproportionally.
ING and Equens introduce efficient alternative to existing mandates : Launch of first digital direct debit mandate
- 9 years 11 months ago
- Payments
Utrecht, the Netherlands, 2 June 2015 – Starting the 1st of June, customers of businesses and government agencies can pay for products and services using secure digital direct debit mandates (e-Mandates). ING is the first bank in the Netherlands to provide the e-Mandate service for its corporate customers. The e-Mandate service enables organisations to offer payment by direct debit through their websites. Equens, one of Europe’s largest payment... more
Allpay Storms Prepaid Awards
- 9 years 11 months ago
- Payments
Payments innovator allpay has cemented its position as one of the UK’s leading prepaid specialists after scooping awards for programme management and card design at this year’s Prepaid365 industry awards.
Google Buy Button Announcement - viewpoint from Skrill
- 9 years 11 months ago
- Payments
“The Google buy button and Android M announcements are the latest in a long line of innovations that aim to disrupt the payments market. With the likes of Facebook and Twitter trialling direct payment options and Google adding a buy button to its search results, consumers can soon expect to make online purchases with just a single click.
PayPal's Braintree Will Support Android Pay Merchant Integration
- 9 years 11 months ago
- Payments
At Braintree, we’re expanding our open platform to enable the future of mobile commerce.
SimplyTapp, PromptNow and TIS Cooperate to push HCE mobile payments to Asia Pacific banks
- 9 years 11 months ago
- Payments
SimplyTapp, PromptNow and TIS have created the Asian Payments Cloud initiative to bring the first end-to-end, cloud-based payments solution to the banking and financial services community in the APAC region.
Contactless Transactions Rose By More Than 49%
- 9 years 11 months ago
- Payments
Brits have gone contactless crazy according to data from Worldpay, which today revealed that it has processed over £2 billion of contactless payments since January 2012. This surge is even more incredible as it was only in October 2014 that the company reached the £1 billion milestone.
RosEvroBank, Russia in partnership with BPC Processing launches new service for visually impaired people
- 9 years 11 months ago
- ATMs
RosEvroBank, Russia partnering with BPC Processing (BPC Banking Technologies division) and “Intrade” company being strongly committed to bring convenient and user-friendly products and services. Collaboratively companies have developed and installed new ATM supporting visually impaired people. The first in line terminal is located at one of the All Russia Association of the Blind enterprise.
Canadian Uni Installs Bitcoin ATMs For Future of Fintech
- 9 years 11 months ago
- ATMs
A Canadian university is installing bitcoin ATMs across campus, and will accept the digital currency for the purchase of text books, in an effort to stimulate discussion about the future of money and innovation in financial services.
Five FinTech start-ups make it to the Payments Dragons' Den final at PayExpo 2015
- 9 years 11 months ago
- Payments
Five exciting new payment start-ups have reached the final for the 2015 Dragons' Den contest at PayExpo. The highly anticipated competition, which received record entries this year, is the ideal platform for emerging companies looking to present their innovative ideas and game-changing payments technologies to a global market. The 2015 Payments Dragons' Den finalists are: xWare42 - a software developer whose core product, xPay, allows banks to... more
