A QR code-based mobile wallet that can be used for in-store, in-app, online and P2P payments has launched in Belgium with the backing of the country's major banks.
BNP Paribas Fortis and SIX Payment Services are promising to bust the Bancontact/Mister Cash monopoly in Belgium by launching their own one-stop payments shop for merchants, covering everything from terminals to acquiring services.
Bpost bank, a joint venture between BNP Paribas Fortis and bpost, the Belgian postal operator, has recently launched a mobile banking app designed and implemented by Sopra Banking Software.
Belgacom, the largest telecommunications company in Belgium, and BNP Paribas Fortis, one of the country's leading banks, are jointly developing a mobile commerce "ecosystem" for Belgian merchants and consumers to enable seamless and secure shopping and payments via smartphones.
BNP Paribas Fortis and Belgacom have outlined plans for a mobile wallet they say will bring in-app commerce to Belgium's merchants and consumers.
Ingenico (Euronext: FR0000125346 - ING), world leader in payment solutions, today announces that retailers, artisans, and liberal professions will soon be able to use their smartphone to receive card payments in Belgium.
Collis is pleased to announce that we are supporting Fortis Bank Netherlands with process management and training programme development for Sepa Direct Debit and Payment Services Directive.
UK supermarket chain Tesco is continuing to ramp up its challenge to traditional banks, entering into exclusive discussions with Fortis over a partnership to provide motor and household insurance.
TwoFour, a product and services company focused on reducing costs and providing treasury, FX and cash management solutions, is pleased to announce that Fortis Bank Global Clearing (FBGC) has licensed the TwoFour System to automate its Foreign Exchange (FX) risk management, clearing and settlement processes.
Just days after revealing swinging price cuts, LCH.Clearnet has stepped up the pressure on rivals by agreeing new competitive clearing offerings for European MTFs Bats Europe, Chi-X, Turquoise and Nyse Arca Europe.
© Finextra Research 2014