MBNA's Customers Will Benefit from Android Pay
- 8 years 8 months ago
- Payments, Retail Banking
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
American Express Offers Apple Pay for UK Corporate Cardmembers
- 8 years 8 months ago
- Payments, Retail Banking
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.
Lloyds Bank, Halifax and Bank of Scotland Customers Will Benefit from Android Pay
- 8 years 8 months ago
- Payments, Retail Banking
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.
Western Union will be Available in Cuba
- 8 years 8 months ago
- Transaction Banking, Payments, Retail Banking
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.
UnionPay International Rapidly Expands QuickPass Business Overseas
- 8 years 8 months ago
- Payments, Retail Banking
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
PYMNTS.com/BlueSnap: Mobile Checkout Lag Behind at Many Merchants
- 8 years 8 months ago
- Payments, Retail Banking
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.”
E.Sun iPayment Kiosk Goes Live in Taiwan Thanks to NCR
- 8 years 8 months ago
- Payments, Retail Banking
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
Nice and BCG Team Up to Transform Customers' Omni-channel Experience
- 8 years 9 months ago
- Retail Banking
This combination of strategic expertise and powerful technology will enable organisations across numerous industries to achieve significant business results by making improvements in the following areas: • Customer operations efficiency: By leveraging NICE Call Volume Optimisation, organisations can proactively address customer needs to enhance satisfaction and brand loyalty
Compass Plus is PCI DSS version 3.1 Certified
- 8 years 10 months ago
- Payments, Retail Banking, Security
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced that its processing centre has been recognised as fully compliant with PCI DSS version 3.1.
Google Launches Android Pay Loyalty Programme
- 8 years 10 months ago
- Payments, Retail Banking
Google announced of testing a loyalty programme, tempting people to use Android Pay with the promise of a free Chromecast media streaming dongle.
Retail Banks Up Investments in Innovation to Stay Ahead of Start-up Rivals: Infosys Finacle-Efma Study
- 9 years 3 weeks ago
- Investment, Retail Banking
Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), and Efma, a global not-for-profit organization promoting innovation in retail finance today launched the seventh annual study of ‘Innovation in retail banking’. According to the research, 84% of retail banks have increased their investments in disruptive technologies and innovative services this year to deal with a surge in new industry competitors.
CR2 is cementing its experience in the Nigerian financial market
- 9 years 1 month ago
- Retail Banking, Private Banking
Access Bank, issued with its first banking licence in 1988, is currently ranked as one of Africa’s top 20 banks. With 5 million retail customers and over 1,500 ATMs, Access Bank understands the importance of the self-service channels in supporting Nigeria’s retail banking growth. As such, they sought a solution which would allow them to launch the right product, in the right place, at the right time which can only be achieved through a true... more
CR2 signs new bank in the Armenian financial market
- 9 years 1 month ago
- Payments, Banking, Retail Banking, Private Banking, Mobile Banking
BankWorld designed by CR2 will enable Ameriabank to offer banking solutions available 24/7 via the self-service channels including the ATM and Kiosk network as well as the Internet and Mobile Banking channels. This will be a new world in the Armenian financial market as all remote banking channels will be unified in a single platform providing clients with maximum convenience and standardising access to all services via any remote banking... more
UK credit checking startup Ormsby Street launches in Italy
- 9 years 3 months ago
- Retail Banking
Fintech startup Ormsby Street has launched its innovative credit-checking tool CreditHQ in Italy, as part of a new partnership with one of Italy’s biggest and most-used banks.
MarketInvoice to expand access to retail investors with £6 million investment
- 9 years 3 months ago
- Investment, Retail Banking
MarketInvoice, a P2P platform for small business lending, has raised £6 million in its first round of financing as part of an effort to attract retail investors. Launched in 2011 and based in London, MarketInvoice has traded £475 million across the platform - which provides invoice-backed working capital to businesses - with £30m per month currently being raised. The £6 million investment in the firm comes from existing shareholders Northzone... more
