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Visa outage hits payments across Europe

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Visa outage hits payments across Europe

Card network Visa has confirmed that it is suffering a "service disruption" in Europe, leaving shoppers unable to use their cards at the point-of-sale.

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ABN Amro says customers prefer wearables to debit cards

ABN Amro launched a pilot earlier this year in which 500 clients were asked to make payments using wearables. Of these clients, an impressive 78 per cent now prefer the wearables, and only 19 per cent prefer their debit cards.

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JCB advances on Russia

JSC Russian Agriculture Bank ("RSHB") and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., are pleased to announce the launch of JCB card acceptance on the RSHB ATM and POS terminal network.

PayPal and Temasek invest $125m in India's Pine Labs

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PayPal and Temasek invest $125m in India's Pine Labs

PayPal's shopping spree continues as the US behemoth makes its third investment in a fortnight, joining with Singapore's Temasek to pay $125 million for a minority stake in Indian digital retail payments platform Pine Labs.

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Mastercard names Simon Hunt head, cybersecurity solutions unit

Mastercard today announced that leading cybersecurity expert Simon Hunt will join the company as executive vice president to head its cybersecurity solutions unit.

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Aus Post begins trial of OneView mobile POS

OneView Group (AIM: ONEV), the retail industry’s leading provider of digital point of sale (POS), announced today that Australia Post has successfully begun a live trial for the Company’s Mobile POS+ software.

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Ingenico negotiating combination with German card acquirer BS Payone

Ingenico Group, (Euronext: FR0000125346 - ING), the global leader in seamless payment, today announced it entered into exclusive negotiations regarding the combination of BS PAYONE owned by DSV (a subsidiary of the Sparkassen-Finanzgruppe) with Ingenico Retail assets in DACH (Germany, Austria, Switzerland).

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Pleo smart company cards secures $16m Series A investment for European expansion

The London and Copenhagen based fintech startup Pleo, that offers smart company payment cards to automate expense reports, today announced a $16M Series A financing round led by Kinnevik, a leading European venture fund based in Stockholm, with participation from existing investors Creandum, Founders and Seedcamp. The round brings the total amount raised by the company to $23M.

Hyundai preps in-car payments

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Hyundai preps in-car payments

Car maker Hyundai is working on an in-vehicle credit card payment service that enables drivers to find and pay for coffee, gas and parking from their "infotainment" screen.

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Emirates NBD to roll out digital kiosks

Emirates NBD, a leading bank in the Middle East, has partnered with Diebold Nixdorf, a world leader in driving connected commerce, to soon launch Emirates NBD EasyHub, the region’s first integrated digital kiosk that will allow customers to sign up for new products and access a variety of teller services, functioning like a mini-branch that is open beyond normal banking hours and all days of the week.

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Payworks wins CyberSource gig with Visa

Payment technology company, Payworks, announced today its collaboration with Visa to integrate Payworks’ payment technology into the CyberSource payment management platform to enable an integrated Point of Sale solution and offer omnichannel payment processing capabilities to merchants worldwide.

London pushes contactless payments for busking

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London pushes contactless payments for busking

London has enlisted iZettle for a contactless payments system that enables the city's buskers to accept money from cashless fans.

Student develops contactless tipping system for buskers

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Student develops contactless tipping system for buskers

The times, they are a changing. With fewer people carrying cash, a British university student has developed a system that lets buskers accept contactless payments.

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Cashless promoter tappit to open offices in Emea, US and Australia

tappit, a leading cashless experience specialist for sports events, festivals and other global entertainment venues, today announced it is opening four new offices as a part of its global expansion.

European payments chiefs to gather in Munich for EBAday2018

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European payments chiefs to gather in Munich for EBAday2018

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the thirteenth annual EBAday, taking place this year in Munich between the 12th and 13th June.

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SIA buys First Data card processing biz in central and southeastern Europe

SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million.

Visa invests in Latin American mobile payments outfit YellowPepper

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Visa invests in Latin American mobile payments outfit YellowPepper

Visa has made a strategic investment in YellowPepper in an effort to push the adoption of mobile payments and tokenisation in Latin America and the Caribbean.

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JCB to offer Google Pay in Japan

JCB Co., Ltd, the only international payments brand based in Japan, today announced that it will offer the ability for shoppers in Japan to use Google Pay for in-store payments, later in the year.

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Just one-in-five American think their payments will be cashless in their lifetime

GATE (Global Acceptance Transaction Engine), the only company solving one of the most significant challenges eWallet companies face – the universal acceptance of eWallet funds across physical, online and mobile channels, released The Future of Payments Report: Cash is No Longer King.

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Iliad launches certification platform for fast onboarding

Iliad has launched an upgraded version of its certification platform to simplify and speed the certification and on-boarding requirements of card schemes, clearing houses, PSP’s and banks.

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