Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys (NYSE: INFY) and Paytm, India’s largest mobile payments and commerce platform, today announced that the Finacle Core Banking solution has been selected to power Paytm’s new payments bank business. Paytm will leverage Finacle’s proven platform for its deposit products and payments platform, enabling it to rapidly roll out innovative offerings. Key Highlights: Read more »
U.S. banks and credit unions can now offer the UnionPay Gift Card--an ideal solution for the growing number of U.S. consumers traveling to Asia. UnionPay Gift Cards can be used at about 34 million merchants worldwide--including 100% of merchants that accept payment cards in China. Produced and processed by FIS (NYSE: FIS), a global leader in financial services technology, the prepaid cards provide a safe and convenient payment option for... more Read more »
MasterCard unveiled the first commerce application for SoftBank Robotics’ humanoid robot Pepper. The application will be powered by MasterPass, the global digital payment service from MasterCard that connects consumers with merchants, enabling them to make fast, simple, and secure digital payments across channels and devices. Read more »
Xerox launched 15 new workflow solutions that automate the way organisations cope with globalisation, meet increasing compliance requirements and exceed customer demands. Read more »
AnaCap Financial Partners (“AnaCap”), the specialist European financial services private equity firm, announces that it has entered into exclusive negotiations to acquire Barclays plc’s French retail banking and wealth businesses. Barclays will continue to operate its corporate and investment banking operations in France. Read more »
Profile Software, an international financial solutions provider, announced today its participation in the 11th Middle East Retail Banking Forum and Expo taking place on the 18th & 19th of April at the Ritz Carlton DIFC, Dubai, supporting the activities of its local company in the UAE that acts as the central point for its regional expansion in surrounding areas. Profile Software is exhibiting at stand C22, showcasing its latest developments... more Read more »
Auka to launch mobile payments in the UK and accross Europe. The first fully licensed and regulated financial company to be run 100 per cent on the Google Cloud Platform, Auka builds and operates fully regulated and licensed end-to-end payments infrastructure that connect financial institutions, merchants and consumers. Banks can then license the infrastructure and applications and launch mobile payments products under its own brand, all within... more Read more »
Global Payments is pleased to offer merchants in China the ability to accept Samsung Pay, a simple and safe mobile payment service that works almost anywhere you can swipe or tap your card. As a Samsung Pay-qualified payment provider, Global Payments’ robust suite of payment solutions is fully enabled for acceptance, allowing merchants to offer their customers the convenience of Samsung Pay. Read more »
Credit card expert MBNA will bring Google’s Android Pay to its customers as the countdown to its UK launch, scheduled for later in 2016, begins. UK contactless spend increased steeply in 2015, more than trebling to reach £7.75 billion. With nearly one in eight card transactions now using contactless technology*, Android Pay will be the latest option for tech-savvy consumers who are forgoing not only cash but cards in favour of mobile wallet... more Read more »
American Express unveils that its UK Corporate Cardmembers can now benefit from Apple Pay to tap and pay with compatible Apple devices. Apple Pay helps American Express Cardmembers to pay with their Apple device at participating contactless merchants in-store and within participating apps, and to benefit from all of the protection and service offered by American Express. Read more »
Lloyds Bank, Halifax and Bank of Scotland customers will access to Android Pay, following Google’s announcement today that it is launching its mobile payments service in the UK. Read more »
The Western Union Company (WU), a leader in global payments services, announced today that it will launch remittance services from across the world into Cuba following U.S. regulatory and policy changes that allow Cubans and non-Cubans to send remittances via Western Union to this island nation. For the first time, Cubans and other citizens worldwide will join their U.S. counterparts to send remittances into Cuba within minutes* using Western... more Read more »
Based on analyses of Chinese tourists' overseas spending, UnionPay International is rapidly and accurately expanding QuickPass business overseas. Nearly 180,000 POS terminals in Hong Kong, Macao,Taiwan, South Korea, Australia, New Zealand, Singapore accept UnionPay chip cards with "QuickPass" signage and various mobile QuickPass-enabled products. The overseas transaction volume of UnionPay QuickPass grew 8 times in 2015, and is growing rapidly... more Read more »
A review of 39,000 data points, across 657 sites and 14 merchant categories shows that merchants are getting worse, not better, when it comes to optimizing their sites for mobile checkout, leaving as much as $152 billion dollars on the table. “Of course, that $152 billion is not lost forever,” says BlueSnap CEO Ralph Dangelmaier, “they are just lost to other merchants who are better able to accommodate a mobile shopper.” Read more »
NCR Corporation, the global leader in consumer transaction technologies, today announced that it has customized the first ever financial kiosk solution in Taiwan for E.Sun Bank - “E.Sun iPayment Kiosk” - which includes bill payment, statement printing, and notes exchange to ease counter queues. The bank also selected NCR APTRA Connections software to run on the kiosk and a fleet of newly purchased NCR SelfServ ATMs to provide personalized ATM... more Read more »
