Cards

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US retailers developing own m-payments system - WSJ

A group of American retailers, including Wal-Mart and Target, is developing its own mobile payments system, joining an already crowded field of banks, card companies, technology vendors and telcos, according to the Wall Street Journal.

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AmEx launches Serve app for P2P payments on Facebook

American Express has launched a Facebook app for its Serve digital wallet platform, enabling customers to send, receive and request money from directly within the social network.

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Home Depot to roll out PayPal in-store payments nationally

US retailer Home depot is to roll out Paypal's in-store payment system nationwide following a six-week trial at five pilot stores.

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Visa mobile pre-paid accounts integrated into Orange Money service

Telco Orange has signed a deal that enables it to incorporate Visa pre-paid accounts within its mobile money service for customers in Africa and the Middle East.

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Catalogue of woes continues for Australian banking customers as CBA systems crash

Commonwealth Bank of Australia has suffered a major crash of its eftpos and ATM systems, marking a continuation of the IT problems that have blighted the country's top banks over the past eighteen months.

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SIX Group to cut 150 jobs

Blaming a "difficult market environment", Swiss financial services company SIX Group says it will axe 150 jobs as part of a SFr30 million cost-cutting programme.

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Sweden's iZettle hires Barclaycard's Roberts ahead of UK launch

Swedish start-up iZettle, which provides technology that turns mobile phones into card payment terminals, is preparing to move into the UK market, hiring former Barclaycard innovation chief Stewart Roberts to lead its operations in the country.

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Isis signs Chase, Capital One and Barclaycard to mobile wallet

Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless, has snagged deals with Chase, Capital One and Barclaycard to load their credit, debit and pre-paid cards onto the telco-controlled mobile wallet.

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Vodafone and Visa team on NFC m-payments

Mobile network operator Vodafone has formed a global partnership with Visa to bring contactless mobile payments to customers in more than 30 countries around the world.

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Edinburgh to host EBAday 2012

Registration has opened for EBAday 2012, the pre-eminent annual event for the European payments industry, which will run for two full days from 15-16 May at the Edinburgh International Conference Centre, Scotland.

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Boku goes after the high street with new mobile wallet service

Boku has unveiled a platform that lets customers make online and contactless in-store point-of-sale payments through their mobile network operator.

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MasterCard targets underbanked with mobile money partnership programme

MasterCard has launched a mobile money partnership programme designed to bring financial services to underbanked people in developing markets.

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Letting customers choose PINs a gift to thieves - research

Banks that let customers pick their own PINs and fail to 'blacklist' the most common variations are putting them at risk, according to a paper from Cambridge University researchers.

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Visa and Monitise partner HDFC on Indian mobile money

Visa and Monitise have turned their attentions to the Indian market, signing a deal with the country's second largest private bank, HDFC, to introduce mobile money services nationwide.

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VocaLink to maintain UK database of mobile numbers for bank payments platform

The UK Payments Council has commissioned VocaLink to build a central database that will allow bank customers to link their mobile phone number to their account for person-to-person mobile payments.

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Dollar Bank signs for NCR video teller machines

NCR has signed Pittsburgh-based Dollar Bank to ATMs that incorporate video-conference technology, enabling customers to speak live to tellers.

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American Express partners Twitter for small business advertising roll-out

American Express is partnering with Twitter to give away $1 million in free advertising to small businesses who sign up for a new promotional service on the microblogging Web site.

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Banks and telcos to debate mobile financial future

Leading banks, telcos, handset device manufacturers and app developers will gather under one roof next month to debate the future of mobile banking and payments services at the first annual MobeyDay conference in Barcelona.

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MasterCard to open Dublin tech office, creating 130 jobs

MasterCard is set to open a global technologies office in Dublin, creating 130 jobs in the Republic of Ireland's capital.

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Tesco tops UK credit card brand rankings

Only one traditional financial services player has made it into the UK's top four rated credit card brands, with retailers dominating a list from Auriemma Consulting Group (ACG).