Latest Cards News: Finextra Research

IZettle releases API for app developers

IZettle, the European start-up that turns mobile phones into card payment terminals, is extending its reach with an API that enables third-party developers to integrate its system into their apps.

13 June 2012

News/Cards

NCR ATM software ditches cards and PINs for mobiles and barcodes

NCR has introduced a card-less and PIN-less ATM withdrawal system that sees customers initiate transactions through their mobile phones and then scan 2D barcodes on the machines' screens.

11 June 2012

News/Cards

UK high-street cash use on the rise - BRC

Paying in-store with cash is more common than a year ago as recession-hit customers try to keep track of their spending, according to the British Retail Consortium (BRC), which is also calling for action to force down interchange fees.

08 June 2012

News/Cards

Half of world's POS terminals will be NFC-ready by 2017 - Berg Insight

The number of NFC-ready point-of-sale terminals around the world is set to soar over the next few years, from 3.9 million in 2011 to 43.4 million in 2017, claims Swedish research firm Berg Insight.

07 June 2012

News/Cards

Visa runs into criticism over Olympic ATM plans

Visa has run into hot water again over its controversial Olympics sponsorship deal after it emerged that the card scheme has insisted on replacing 27 ATMS at various Olympic sites with just eight of its own machines.

01 June 2012

News/Cards

Mobile NFC fails TfL's need-for-speed transit tests

A senior Transport for London executive says the read-speed of NFC-enabled mobile devices is too slow for practical use on the capital's transit network.

01 June 2012

News/Cards

Flagging contactless gets a boost from UK Post Office

The UK Post Office is to roll out contactless payment terminals across 30,000 counter positions in its national network of over 11,500 branches, in a move which exponents of the technology hope will help to boost awareness among a reluctant populace.

31 May 2012

News/Cards

Russian bank issues Angry Birds card

Game developer Rovio is spreading its wings, teaming up with Russia's Promsvyazbank on an Angry Birds branded debit card.

30 May 2012

News/Cards

Google wallet anniversary falls flat as new software problems emerge

The celebrations marking the first anniversary of the launch of Google Wallet promise to be a gloomy affair, with the emergence of a new flaw that disables the wallet functionality following a simple factory reset on NFC-equipped Android handsets.

30 May 2012

News/Cards

Central banks need to step up data collection on retail payments innovation - BIS

Central banks may need to step up collection of statistical data on new developments in retail payments to help them carry out analytical research, says a new Bank for International Settlements (BIS) report which warns that failure to assess the market properly and offer correct guidance will see them face a reputational hit.

29 May 2012

News/Cards

PayPal signs 15 retailers to in-store payments; Groupon tests mobile payments

PayPal has continued its assault on the bricks-and-mortar world, signing 15 major US retailers to its in-store payment system.

25 May 2012

News/Cards

Google launches pre-paid NFC transit card in Kenya

Google has launched an NFC-enabled pre-paid card for transit payments in Kenya.

25 May 2012

News/Cards

PayPal targets big retailers through VeriFone and Equinox partnerships

PayPal has inked a licensing, marketing and implementation agreement with terminal manufacturers VeriFone and Equinox in a bid to bring its alternative payment methods to America's biggest retailers.

24 May 2012

News/Cards

MasterCard loses court challenge to EC interchange ruling

An EU court has dismissed MasterCard's challenge against a European Commission ruling that the firm's cross-border interchange fees violated competition law.

24 May 2012

News/Cards

Olympics false start for TfL as London contactless bank card plan is delayed

Transport for London (TfL) has delayed the roll out of a system enabling travellers to pay for their journeys using contactless bank cards.

23 May 2012

News/Cards

UK phone and courier bank card scam on the rise

An old-style scam that sees victims conned into handing over their bank cards and PINs to couriers is on the rise, netting British fraudsters £750,000 so far this year, the Payments Council is warning.

23 May 2012

News/Cards

AmEx and Zynga team on pre-paid card with Farmville rewards

American Express has partnered with social gaming giant Zynga to launch a co-branded pre-paid card linked to its Serve digital wallet.

22 May 2012

News/Cards

HSBC IT failure hits ATMs and card payments, tests social media strategy

Some UK HSBC customers were left unable to make card payments or withdraw cash from ATMs yesterday thanks to an IT hardware failure.

21 May 2012

News/Cards

Standard Bank issues dual-function transit-ticketing and debit card

South Africa's Standard Bank has issued a multifunction payments card, offering pre-paid transit ticketing alongside contactless debit card functionality.

17 May 2012

News/Cards

Wireless Festival to go contactless; Barclaycard offers VIP perks and luxury loos to wristband users

Music lovers attending the three-day Wireless Music Festival in London's Hyde Park this year will be able to leave their wallets at home and experience a cashless event by signing up for Barclaycard-issued contactless wristbands.

16 May 2012