3292 articles tagged with this keyword
News/Cards
US Bank has chosen Salt Lake City and Portland as test sites for an iPhone case that turns the handset into a contactless payments device.
11 January 2013
A Romanian man has been sentenced to 21 months in prison for his part in a scam that saw the point-of-sale systems of hundreds of US Subway sandwich shops hacked, thousands of cards compromised and millions of dollars stolen.
09 January 2013
Diebold is hoping to bridge the gap between its 20th century ATM technology and the modern era's mobile obsession with a new "millennial-inspired" machine that lets users make cardless transactions with their handsets.
Thanks in large part to the adoption of EMV technology, card fraud has been on the decline in the European Union but it still pulls in around EUR1.5 billion a year for criminal gangs, says Europol.
08 January 2013
Digital payments processor BitPay has closed a $510,000 funding round from a group of well-connected angel investors, including Shakil Khan, Barry Silbert, and Roger Ver.
Smartphone penetration in the UK may be 60% and rising but 2013 is unlikely to be the year of the mobile wallet, according to ICM Research.
04 January 2013
Square is taking advantage of its relationship with Starbucks by selling its mobile credit card readers in the coffee chain's 7000 US outlets.
The Bank of Italy has suspended all card payments in the Vatican until further notice over a failure to implement anti-money laundering law, according to local press reports.
03 January 2013
NCR has signalled its commitment to video ATM technology with the acquisition of specialist uGenius. Financial terms of the deal were not disclosed.
HSBC has confirmed that it will join the Royal Bank of Scotland in refunding customers who have forgotten to take their cash from ATMs.
02 January 2013
New Year's celebrations got off to a rocky start for thousands of Brits on Monday thanks to a glitch at Lloyds Banking Group which left customers unable to withdraw cash from ATMs.
As Finextra pulls the shutters down on 2012, we take a look back at our most popular news stories, videos, features and blogs over the course of the past year. The site will re-open for business on 2 January 2013.
21 December 2012
JPMorgan Chase has bought daily deals startup Bloomspot in a move aimed at winning cardholder loyalty by offering discounts on shopping at local stores.
ERN, a UK-based start-up looking to tap growing demand for data analytics and loyalty provisioning on consumer cards, has secured funding of $2 million from private investors.
20 December 2012
Russia's Sberbank is to spend $60 million for a majority stake in Yandex.Money, the online payment business of Russian search engine Yandex.
19 December 2012
Swedbank is piloting the use of mobile couponing with merchants in Uppsala, the country's fourth-largest city which is bidding to eradicate cash as part of a local crime-fighting initiative.
Eleven financial institutions from Italy, France and Luxembourg are lined up to participate in the live launch of MyBank, a new online payments service from EBA Clearing which will open for business on 25 March 2013.
The Swedish Pirate Party has filed formal charges against the country's banks accusing them of systematic discrimination against whistleblowing Web site WikiLeaks, which has been denied donations by payment providers since 2010.
18 December 2012
Royal Bank of Scotland and NatWest have set aside a £10 million pot to refund customers who forgot to pick up cash dispensed at the ATM and instead saw it diverted to the bank's own coffers.
PayPal president David Marcus is forecasting a year of disruption in the shopping and payment space in 2013, but insists that NFC technology will not play a part in the upheavals.
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