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JCB launches QR Code payements in Asia

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd, today announced that JCB has launched EMV standardized QR Code Payment service.

Lights, camera, action! Finextra TV highlights 2018

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Lights, camera, action! Finextra TV highlights 2018

It’s been a busy year for the Finextra TV team, posting 251 video interviews with leading industry figures during the course of 2018. Here are the top five by viewing figures.

2018: The future of banking in the spotlight as digital trends take hold

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2018: The future of banking in the spotlight as digital trends take hold

As Finextra pulls the shutters down on 2018, we take a look back at our most popular news items and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2019.

/security

Card fraud in Germany: Few incidents, but high costs

Christmas is only a few days away, and everyone is rushing to buy presents for family and friends. The tills are ringing and the card terminals are buzzing. But how safe is it to pay by card?

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US Payments Forum releases guidelines for contactless ATM transactions

With more than 85 percent of U.S. ATMs now accepting EMV contact chip cards, many ATM owners are looking to make transactions easier and faster by adding contactless EMV chip capabilities.

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Mastercard to test LitePOS in Poland

MYPINPAD, the global leader in payment acceptance and customer authentication solutions, is delighted that Mastercard and eService have announced a pilot implementation of the LitePOS solution enabling smartphones, featuring MYPINPAD technology, to fulfil the functions that have been so far reserved for payment terminals.

Credit checking startup TotallyMoney agrees £29 million funding round

/startups

Credit checking startup TotallyMoney agrees £29 million funding round

TotallyMoney, a fintech startup providing consumer credit reports, has agreed £29 million of funding from Elliott Advisors (UK) Limited (Elliott) and existing investors Scottish Equity Partners (SEP).

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Natixis’ completes acquisition of La Banque Postale’s 50% stake in Titres Cadeaux

Natixis today announces the acquisition of La Banque Postale’s 50% stake in Titres Cadeaux and becomes the company’s sole shareholder after it was set up by the two banks in 2006.

/payments

Cashless Britain risks leaving millions in society behind

Millions of consumers across the UK face being left behind if we don’t plan properly for an increasingly cashless society.

/security

Australian CNP fraud on the rise

The payments industry self-regulatory body Australian Payments Network (AusPayNet) today urged Christmas shoppers to continue to be alert when shopping online, as it released data showing card-not-present (CNP) fraud continues to account for the bulk of card fraud.

/Cards

Temenos wins Isracard contract

Temenos (SIX: TEMN), the banking software company, today announced that Isracard, the largest credit card company in Israel, has selected Temenos T24 Core Banking.

Global ATM market on the wane as China migrates to digital payments

/payments

Global ATM market on the wane as China migrates to digital payments

Global ATM installations are set to fall for the time as the mega Chinese market switches away from cash to digital payments.

Christmas jumpers; the contactless gift that keeps on giving

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Christmas jumpers; the contactless gift that keeps on giving

Fundraisers for Save the Children have donned Christmas jumpers with a contactless reader built into the sleeve as part of the charity's annual festive appeal for donations.

/payments

Pew charts physical currency decline in US

Americans are becoming less reliant on physical currency. Roughly three-in-ten U.S. adults (29%) say they make no purchases using cash during a typical week, up slightly from 24% in 2015.

/security

EMVCo updates 3-D Secure spec

EMVCo today announces the publication of the EMV® 3-D Secure Protocol and Core Functions Specification v2.2.0.

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Visa partners Ingo Money for push-to-card payments

Visa is partnering with Ingo Money to launch a product for merchants and banks to quickly get onto the payment network’s systems allowing fast digital payments to customers.

/Cards

OneWest Bank brings in debit card controls

OneWest Bank, CIT's Southern California retail bank division, today launched a new Card Controls feature for its mobile app, giving customers new capabilities to manage debit card usage and combat potential fraud from their smartphones.

/security

Carte Bancaire portal to fight fraud, reduce chargebacks

The CB Alerts portal, developed with Ethoca, allows ecommerce merchants to collaborate with card issuing banks in near-real-time to fight fraud, reduce chargebacks.

CBA misses out as ANZ and Citi land plum NSW Government contracts

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CBA misses out as ANZ and Citi land plum NSW Government contracts

Australia's New South Wales Government has carved up its transactional banking contract with Westpac, in the process handing out plum assignments for ANZ and Citi.

/payments

ShopKeep raises $65 million in equity and debt financing

ShopKeep, the top-rated tablet-to-cloud payments and point-of-sale platform chosen by over 25,000 independent retailers and restaurants, announced today that it has closed a $65 million round of equity and debt financing.

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