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Southern Africa plans Sepa-style payments harmonisation

/Blockchain

Southern Africa plans Sepa-style payments harmonisation

A project run by central banks of the 15-member Southern African Development Community aims to complete a pilot project harmonising the payment infrastructures of the four Rand Monetary Area countries within two years.

Sepa migration milestones

/Blockchain

Sepa migration milestones

Giorgio Ferrero stresses EBA Clearing's crucial role in achieving the euro payments area vision.

Corporates want mobile banking

/Blockchain

Corporates want mobile banking

Fundtech and Aite Group explain their recent research into corporate demand for mobile banking solutions.

New directions in cash management

/Blockchain

New directions in cash management

Navinder Duggal, Head, Cash Product Management of DBS on new system selection.

World Payments Report

/Blockchain

World Payments Report

Capgemini and RBS discuss the finding from the World Payments Report released at Sibos.

Barclaycard explores contactless future

/Blockchain

Barclaycard explores contactless future

Barclaycard is set to ramp up its investment in contactless technology with the introduction of new form factors, including NFC stickers for mobile handsets and pre-paid wristbands for festival goers.

Facebook to sell virtual currency gift cards at US retail stores

/Blockchain

Facebook to sell virtual currency gift cards at US retail stores

Social media giant facebook is to offer gift cards loaded with Credits at retail stores across the US, beginning with the Target supermarket chain.

Facebook moves virtual currency offline

/Blockchain

Facebook moves virtual currency offline

Social network facebook is taking its virtual currency to the streets of South East Asia through a partnership with Internet payment group MOL Global.

Offerpal Media launches virtual currency and gift card exchange

/Blockchain

Offerpal Media launches virtual currency and gift card exchange

Virtual currency outfit Offerpal Media, has launched a Web site that lets customers earn credit for use in online games when they shop at certain retailers, complete surveys or convert gift cards.

Cash no longer king as Brits turn to debit cards

/Blockchain

Cash no longer king as Brits turn to debit cards

Cash has seen its position as king of payments challenged in the UK over the last 10 years by alternatives such as debit and contactless cards and the Internet, says the Payments Council, which predicts the trend will continue, leaving notes and coins all but redundant by 2050.

Visa launches virtual debit card programme in Japan

/Blockchain

Visa launches virtual debit card programme in Japan

Visa has partnered Japan Net Bank (JNB) on the country's first virtual debit card programme for online merchant payments.

Forex social media start-up creates own currency

/Blockchain

Forex social media start-up creates own currency

Currensee, the start-up social network for personal and professional forex traders, is to start issuing its own virtual currency which can be exchanged for goods and services over the site.

China emerges as a growth market for non-cash payments

/Blockchain

China emerges as a growth market for non-cash payments

China is fast catching up with the US and Europe as a growth market for non-cash transactions, according to the latest edition of the annual World Payments Report from The Royal Bank of Scotland, Capgemini and Efma.

Virtual world banker steals customers' interstellar kredits to pay off real debt

/Blockchain

Virtual world banker steals customers' interstellar kredits to pay off real debt

The CEO of a bank in virtual world Eve Online has stolen in-game currency worth thousands of real dollars from his customers and traded it in for proper cash on the black market.

China bans use of virtual cash for trade in the wider economy

/Blockchain

China bans use of virtual cash for trade in the wider economy

China has banned the use of virtual currency in the trade of real goods and services in a bid to limit its possible impact on the financial system.

Facebook begins testing virtual payments system

/Blockchain

Facebook begins testing virtual payments system

Social networking site Facebook has begun testing its much-anticipated virtual currency payments system with third party application GroupCard.

RZB CEO Walter Rothensteiner to deliver keynote at EBAday 2009

/Blockchain

RZB CEO Walter Rothensteiner to deliver keynote at EBAday 2009

The Euro Banking Association and Finextra are calling for community input on the agenda for EBAday 2009 in Vienna, Europe's premiere payments exhibition and conference.

Lloyds TSB creates innovation stockmarket

/Blockchain

Lloyds TSB creates innovation stockmarket

Lloyds TSB has introduced an internal artificial currency and stockmarket in ideas in a bid to foster an innovation culture at the UK bank.

Second Life introduces euro currency exchange for virtual residents

/Blockchain

Second Life introduces euro currency exchange for virtual residents

E-payments specialist GlobalCollect and DX Exchange have teamed to enable residents of virtual world Second Life to exchange euros for in-game Linden dollars online.

Alternative payment methods stealing market share from bank cards online - study

/Blockchain

Alternative payment methods stealing market share from bank cards online - study

Consumers shopping online are increasingly turning away from traditional financial institution-controlled credit and debit cards to embrace cash-based alternative payment options, according to an analysis by US-based Javelin Strategy & Research.

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