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News/Cards
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.
28 February 2012
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.
27 February 2012
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.
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.
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.
24 February 2012
Boku has unveiled a platform that lets customers make online and contactless in-store point-of-sale payments through their mobile network operator.
23 February 2012
MasterCard has launched a mobile money partnership programme designed to bring financial services to underbanked people in developing markets.
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.
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.
22 February 2012
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.
21 February 2012
NCR has signed Pittsburgh-based Dollar Bank to ATMs that incorporate video-conference technology, enabling customers to speak live to tellers.
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.
17 February 2012
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.
MasterCard is set to open a global technologies office in Dublin, creating 130 jobs in the Republic of Ireland's capital.
15 February 2012
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).
13 February 2012
PayPal is trialling a mobile application in Singapore metro stations that lets commuters scan QR codes to get deals and then make the purchase through their handsets.
10 February 2012
The latest in a long line of computer problems to hit Australian banks has left NAB customers unable to use ATMs and point-of-sale terminals or access their account online or over the phone.
Google Wallet's PIN has a security vulnerability that leaves it open to a brute force attack, according to research outfit zvelo.
09 February 2012
Visa has teamed up with Monitise to upgrade its issuer processing platform, enabling US financial institutions to offer their customers a range of mobile services.
UniCredit-owned Ukrainian bank PJSC Ukrsotsbank has signed a 10-year, $200 million IT systems and processes outsourcing contract with IBM.
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