74 articles tagged with this keyword
News/BAI
Dupaco Credit Union is using location-based social media application FourSquare to reward customers who visit its branches with prizes ranging from koozies to the chance to feature on billboards.
31 August 2011
Crooks broke into the computer network of FIS earlier this year, upped the limits on pre-paid cards, cloned them and then withdrew $13 million from ATMs around the world, according to security blogger Brian Krebs.
30 August 2011
Nationwide offers the UK's most secure online banking experience and Norwich & Peterborough Building Society the least, according to Which?
26 August 2011
Intuit has agreed a deal to sell its GoPayment mobile credit card processing technology in Verizon Wireless's 2300 retail stores and business-to-business sales channels.
25 August 2011
ACI Worldwide has increased the cash component of its takeover offer for S1 Corporation by 50 cents a share.
Florida-based Ocean Bank has been fined nearly $11 million for "wilfully" failing to establish an anti-money laundering (AML) programme.
In the wake of a battle over the future of cheques, the UK's Treasury select committee has published a report recommending a range of measures designed to strip the industry-dominated Payments Council of much of its power.
24 August 2011
Estonia-based Erply has become the latest firm to launch a system that turns iPhones and iPads into card payment terminals.
23 August 2011
A Bitcoin exchange has begun letting people buy the virtual currency the old fashioned way, by depositing cash at 15,000 Chase and Wells Fargo bank branches.
22 August 2011
A Square-like European start-up, called iZettle, that turns phone handsets into card payment terminals, has officially launched in Sweden.
19 August 2011
UK peer-to-peer (P2P) lending sites Zopa, Funding Circle and RateSetter have set up a trade body.
18 August 2011
German mobile operators Telefónica, Telekom and Vodafone are banding together to form a company pushing contactless payments.
Around one million Royal Bank of Scotland (RBS) account holders will soon be prevented from using cash machines belonging to rival banks.
The Irish are moving away from cash towards electronic payment methods such as card and online transactions but still lag behind their European counterparts, according to the Irish Payment Services Organisation (Ipso).
16 August 2011
A fraudster who stole £35,000 from online bank accounts after gaining access using personal information gleaned from Facebook has been jailed for 15 months.
Taiwanese smartphone manufacturer HTC has teamed with card network China UnionPay on its first NFC-enabled handset.
15 August 2011
Commonwealth Bank of Australia (CBA) has once again been hit by IT problems, leaving customers unable to use ATMs, point-of-sale terminals and call centres.
12 August 2011
A clear majority of banks believe they will never be capable of eradicating cyber-crime, with fraud monitoring and detection tools at the top of their shopping lists as they strive to keep the crooks at bay.
11 August 2011
Disruptive banking start-up BankSimple has announced partnerships with Visa, The Bancorp Bank and CBW Bank and secured a further $10 million in funding ahead of its planned launch later this year.
Technology firms looking to take a slice of the mobile payments pie, such as Apple and Google, still have a long way to go before Americans trust them as much as more traditional players like Visa, according to a survey from Ogilvy & Mather.
10 August 2011
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