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77% of POS terminals to be NFC-ready by 2020

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77% of POS terminals to be NFC-ready by 2020

With contactless payments becoming ubiquitous in many parts of the world, more than 16 million NFC-ready POS terminals will ship this year, according to Berg Insight.

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Diebold Nixdorf feels benefits of restucturing

Wincor Nixdorf AG met its revenue target for fiscal 2015/2016, which was on a par with the guidance figure it had previously revised upward, and exceeded the mark set with regard to operating profit.

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Cardlytics appoints Peter Gleason president, international operations

Cardlytics, a purchase intelligence platform, today announced that Peter Gleason has joined the company as President of International Operations. Gleason will lead sales and operations of international markets, based in Cardlytics’ European headquarters in London.

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US Payments Forum sets up contactless and mobile task forces

Mobile and contactless payment is an area of much debate among stakeholders across the ecosystem.

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Ingenico ePayments signs exclusive processing deal with Latin America's Cabify

Ingenico ePayments, the online and mobile commerce division of Ingenico Group, today announced that it has entered into an exclusive partnership with Cabify, a leading transportation platform in Latin America.

Samsung Pay rolls out points-based rewards system

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Samsung Pay rolls out points-based rewards system

Taking its cue from the credit card industry, Samsung is rolling out a rewards programme for users of its mobile payment system in the US.

Metro Bank tests smartcard payments on the blockchain

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Metro Bank tests smartcard payments on the blockchain

SETL, Deloitte and Metro Bank have successfully demonstrated a contactless blockchain smartcard retail payment system for 100 customers of the UK-based challenger bank.

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Monzo rolls out in-app payments for contacts; adds magstripe switch

More than 70,000 people now have Monzo cards and we’re sending out hundreds every day.

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Durbin Amendment on interchange under fire as US processors angle for Trump boost

New survey data released by Morning Consult shows that a majority of consumers support repeal of the merchant markup, also known as the Durbin Amendment of the Dodd-Frank Act.

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Rite Aid customers nudged to pay with American Express loyalty points

Rite Aid stores nationwide are now able to offer American Express Card Members participating in the Membership Rewards program the opportunity to use Membership Rewards points for eligible purchases.

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Global Payments and American Express team on UK processing

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, and American Express today announced an agreement that will enable Global Payments to provide enhanced payment acceptance solutions to American Express small merchants in the UK.

A tipping point for cloud

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A tipping point for cloud

Michael Mueller, Chief Executive, Form3 Financial Cloud, discusses drivers for change in the payments industry, the challenges these create for banks and how technologies such as cloud can help.

A more balanced view of blockchain

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A more balanced view of blockchain

Thomas Zeeb, Chief Executive Officer, SIX Securities Services, discusses the progression of thinking about blockchain during the past year, potential applications of blockchain for market infrastructures, and the need to tackle innovation from a business perspective first.

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Vantiv agrees $425m Moneris USA acquisition

Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions, announced today its agreement to acquire Moneris Solutions, Inc. (Moneris USA) from Moneris Solutions Corporation (Moneris) for $425 million USD, subject to certain adjustments.

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RBS overhauls mobile app

A series of enhancements have been made this week to the Royal Bank of Scotland mobile app which will let customers do more of their banking when on the move.

NatWest places contactless Poppy collection boxes in branches

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NatWest places contactless Poppy collection boxes in branches

NatWest is placing contactless charity collection tins in 13 of its branches in support of the Royal British Legion's Remembrance Day Poppy Appeal.

A fintech melting pot in Scotland

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A fintech melting pot in Scotland

Graham Hatton, International Senior Executive (Fintech), Scottish Development International, talks about how to break down barriers between start-ups and large institutions and efforts to attract inward investment to foster fintech development in the UK regions.

Citi unveils global API developer hub

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Citi unveils global API developer hub

Citi has become the latest financial services giant to open up its technology and architecture to third parties through the launch of a global API developer hub.

Tying innovation to customer needs

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Tying innovation to customer needs

Diane Reyes, Global Head of Liquidity and Cash Management, HSBC, talks about how wholesale customers are leveraging mobile, and the need for banks and fintechs to partner to create viable end to end solutions.

Citi to launch own-branded digital wallet

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Citi to launch own-branded digital wallet

Citibank is taking a leaf out of rival Chase's playbook with the launch of a closed loop mobile wallet dubbed Citi Pay.

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