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Elan to adopt MasterCard's common debit application identifier

Elan Financial Services, a leader in EFT services, processing more than 4 billion transactions annually, announced today that it has signed an agreement with MasterCard® to adopt their U.S. common Debit Application Identifier (AID) specification for the MoneyPass® Network.

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Fico data shows banks keeping CNP fraud losses at bay

FICO, the leading provider of analytics and decision management technology, today announced that card-not-present (CNP) fraud accounted for three-quarters of card fraud cases and fraud losses in the UK from 2012-2014, based on the payment cards in the FICO® Falcon® Fraud Consortium for Europe.

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Apple adds UnionPay payment option for app store shoppers in China

Apple today announced that the App Store has added UnionPay as a payment option for customers in China.

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CFPB proposes new disclosure rules governing prepaid accounts

Today the Consumer Financial Protection Bureau (CFPB) is proposing strong, new federal consumer protections for the prepaid market.

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American Express revamps website

American Express (AXP) today announced the launch of its redesigned customer website, americanexpress.com, another step in the company’s ongoing efforts to apply innovative technology that meets the changing needs and expectations of customers.

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Oberthur and Mobeewave form mPOS partnership

Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space and Mobeewave, a key actor in mobile payment, are announcing a solution – Flying mPOS – turning any NFC device equipped with OT’s PEARL eSE into a secure mobile payment terminal (mPOS).

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MasterCard says MasterPass off to a strong start in Singapore

MasterPass, MasterCard’s global digital payments platform, is off to a strong start in Singapore, with all three leading local banks, DBS, OCBC and most recently, UOB, inking partnerships with MasterCard to offer MasterPass.

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Rivermark extends branch opening times with NCR Teller

Rivermark Community Credit Union, which serves 68,000 members in Oregon, is using technology to transform its branches, linking physical and online banking in order to make its member experience faster, easier and more convenient.

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AmEx and Brooklyn Nets to pilot e-wallet at NBA arena

American Express (AXP), the Brooklyn Nets and Barclays Center are launching a pilot program of the Brooklyn eWallet, a digital payment solution integrated directly into the Brooklyn Nets mobile application.

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Merchant Link and Mocapay forge mobile payment alliance

Mocapay, a merchant-centric, mobile marketing and payments solution provider, and Merchant Link, a leading provider of payment gateway and data security solutions, today announced the formation of a business alliance that will empower merchants seeking innovative mobile payment and payment security offerings.

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JetPay acquires ACI Merchant Systems

JetPay® Corporation (“JetPay” or the “Company”) (NASDAQ:JTPY), a leading provider of debit and credit card processing, payroll, and prepaid card services, today announced the closing of the acquisition of ACI Merchant Systems, LLC (“ACI”), a Langhorne, Pennsylvania based debit and credit card processing company.

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Westpac NZ launches augmented reality banking app

The first mobile app using augmented reality for managing your money has been released by Westpac New Zealand.

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Worldpay launches Total Mobile mPOS tech

Worldpay, the UK’s leading payments processor, has called time on queuing with the launch of Worldpay Total Mobile, a multi-user, mobile Chip & PIN payment service, providing a scalable, cost-effective way for medium and large businesses to take payments anywhere.

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GoSwiff launches mobile card reader

Mobile commerce and marketing services innovator goSwiff launched today its new Duo + card reader, which features compatibility across all smartphones and tablets.

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PowaTag goes live at Twickenham stadium

From the 8th of November, more fans at Twickenham Stadium will now be able to pre-order food and drink with a tap of their phone, as mobile commerce solution PowaTag goes live.

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Money20/20: Entercharge wins MasterCard Challenge hackathon

Las Vegas is synonymous with excitement and thrills, but for the 1,000 developers working away without sleep or rest for 24 hours in the Money 20/20 Hackathon, there was no glamour.

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MasterCard brings MasterPass to Czech Republic

MasterCard®, the leader in smart, convenient and safe payments, is launching a new digital payment solution in the Czech market –MasterPass.

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Money20/20: Bitpay launches NFC point-of-sale app for merchants

We’ve been busy making bitcoin payments fast and seamless for mobile and retail businesses, and today we’re excited to launch our new point-of-sale app. Bitcoin Checkout allows merchants to accept bitcoin payments on a mobile device.

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Buses in Poland's major cities deploy self-service ticketing with Verifone

Verifone (NYSE: PAY), announced today that several hundred buses in Poland’s major cities are now providing passengers self-service ticketing using Verifone’s UX Series of unattended contactless payment devices that can display payment amounts and targeted messaging to consumers.

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Proxama to acquire EMV software provider Aconite

Proxama, the global mobile marketing, loyalty and payments company, today announced it is in the process of acquiring Aconite Technology Ltd., the leading EMV enablement and smart product management software provider.

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