Latest Cards News: Finextra Research

Starbucks launches 'tweet-a-coffee' service

Starbucks has teamed up with Twitter to launch a service that lets users tweet their followers and friends a virtual gift card that can be used instore to pick up a coffee.

28 October 2013

News/Cards

Google integrates coupon service with Maps

Google is rolling out a tool which lets US firms create coupon offers and link them to its Maps service.

28 October 2013

News/Cards

US Bank introduces mobile photo balance transfers

US Bank is rolling out a service that enables customers to use their phones to snap photos of credit card payment coupons and have the balance transferred to their account.

28 October 2013

News/Cards

Diebold pays $48m to settle bank bribery charges

US ATM manufacturer Diebold has agreed to pay $48 million to settle criminal and civil charges that it handed over millions of dollars in bribes to bank officials in China, Indonesia and Russia.

23 October 2013

News/Cards

American Express cardholders can now pay with reward points for NY taxi fares

American Express cardmembers can now use their accumulated loyalty points to pay for taxi fares in New York City through a partnership with VeriFone.

21 October 2013

News/Cards

IBM develops two-factor security for mobile devices

Applying a combination of NFC technology and contactless bank cards, IBM has developed a simple two-factor authentication protocol for users conducting mobile transactions.

21 October 2013

News/Cards

Sweden's homeless turn to mPOS as cash payments dry up

Sweden's equivalent of the Big Issue is equipping homeless vendors with mobile phones and chip and PIN card readers from iZettle to accept payments by debit card from passersby.

18 October 2013

News/Cards

CommBank rolls out contactless stickers

Australia's Commonwealth Bank is offering customers NFC stickers that can be attached to mobile phones and used to make contactless payments.

17 October 2013

News/Cards

South African POS terminals infected with Dexter malware

Crooks have infected point-of-sale devices in South Africa with malware, obtaining customer card details and using them to steal millions of rand, according to local reports.

15 October 2013

News/Cards

NCR and Automatia bid to protect ATMs against Finland's cold

NCR has teamed up with Finish ATM network operator Automatia to develop a custom pressurisation kit designed to protect cash machines from the harsh Scandinavian winters.

14 October 2013

News/Cards

Money2020 stirs up cashless society debate

While much of the chatter at the Money2020 conference in Las Vegas centred on schemes to eliminate hard cash, former Citibanker Jay Bhattacharya took a contrarian approach, brandishing a newspaper clipping from 1972 that confidently forecast the arrival of a cashless society by the end of the 1970s.

11 October 2013

News/Cards

Australia to take co-ordinated approach to scrapping signatures at the check-out

Australia's competition watchdog is to allow card schemes and banks to work together to replace the use of signatures at the check-out with Chip and PIN authorisation for payments.

11 October 2013

News/Cards

MasterCard joins Fido Alliance in bid to replace passwords with biometrics

MasterCard has joined the Fido Alliance, which is bidding to replace password-based online authentication with an industry-supported open protocol tied to the actual device used to access services.

11 October 2013

News/Cards

UK government creates payments watchdog to boost competition

The UK government is setting up a utilities-style payments regulator in a bid to make it easier and cheaper for new entrants to take on the high street banks.

10 October 2013

News/Cards

MasterCard to buy Turkey's Provus

MasterCard has moved to strengthen its position in the fast growing Turkish market, agreeing to buy local payments outfit Provus Bilisim Hizmetleri. Financial terms of the deal were not disclosed.

10 October 2013

News/Cards

Amazon challenges PayPal with 'Login and Pay with Amazon'

Amazon is taking on PayPal with a new service that lets online shoppers use their log-in details to make purchases on other e-commerce sites.

09 October 2013

News/Cards

Wired tablet edition showcases in-app payments from MasterCard

The November tablet edition of Wired is to feature new technology from MasterCard which enables readers to purchase items direct from advertising and editorial pages without leaving the app.

08 October 2013

News/Cards

Live Blog: World Retail Congress

There is no such thing as a 'one size fits all' customer experience, according to MasterCard. At this year's World Retail Congress in Paris, the card payments processing provider hosted a series of events examining innovation, insights and interaction in the retail payments space.

08 October 2013

News/Cards

Microsoft, Facebook, BofA form card-linked offers association

A new association designed to promote interoperable card-linked customer offers has been set up by industry players including Microsoft, Bank of America, Discover, Facebook and First Data.

07 October 2013

News/Cards

Big data outfit ERN names Brian Thom president, Asia; scores $1m in funding

ERN, a start-up promising to help banks and merchants aggregate and analyse data generated by card transactions, has raised $1 million in funding and hired MasterCard and Citi veteran Brian Thom for a push into the Asian market.

07 October 2013