3162 articles tagged with this keyword
News/Eftpos
The UK banking industry's massive investment in Chip & PIN payment cards has been brought into question after fraudsters stole more than £1 million from customers by implanting skimming devices in retailer PIN pads.
08 May 2006
The annual number of electronic payment transactions, currently at approximately 210 billion worldwide, is expected to double by the end of the decade, according to research released by ACI Worldwide.
04 May 2006
Transport for London (TfL) has abandoned initial plans to add contactless payments functionality to its Oyster smart card after failing to agree terms with technical and financial partners.
02 May 2006
Visa USA is warning that two versions of Fujitsu's point-of-sale software may inadvertantly store customer data, including PIN numbers, during debit card transactions.
21 March 2006
Bank-owned Norwegian payments processor BBS is acquiring the Swedish business of eftpos manufacturer Ingenico. Financial terms of the deal were not disclosed.
16 March 2006
US e-payments technology vendor Verifone has won a contract to supply 50,000 payment terminals to ICICI Bank, the largest private sector bank in India.
27 February 2006
The European Central Bank has waded into the debate on bank progress towards a Single Euro Payments Area (Sepa), clarifying deadlines and urging more action on standards, security, same-day processing and e-invoicing.
17 February 2006
Royal Bank of Scotland is to road-test MasterCard's PayPass contactless cards in the UK as an alternative to low-value cash payments.
08 February 2006
Card association Visa is homing in on a $1.2 trillion cash replacement opportunity as it talks up the rapid uptake of contactless payment cards by US retailers, banks and consumers.
02 February 2006
Almost one-in-four consumers now feel more exposed and vulnerable when making a purchase following the introduction of PINs in place of signatures at the point-of-sale in the UK, according to research from polling organisation Ipso Mori.
01 February 2006
The Reserve bank of Australia is looking to cap the costs of POS terminal provision on the high street as part of an ongoing series of reforms aimed at stimulating competition in the domestic payments market.
20 December 2005
French terminal vendor Ingenico has developed a prototype payment terminal capable of communicating with IPods and other MP3 music players.
US-based TSYS has purchased an initial 34% equity interest in card payments processor China UnionPay Data. Financial terms of the deal were not disclosed.
13 December 2005
ACI Worldwide is teaming with French e-payments vendor Fineac to form a joint venture that will provide technology and support services to financial services firms in France.
30 November 2005
Almost half of US consumers (49%) feel that the introduction of fingerprint IDs at the point of sale would help alleviate their fears of fraud and identity theft, according to a survey commissioned by IBM.
18 November 2005
California's Debitman Card has signed Wal-Mart and Sam's Club to its retailer-issued debit card programme, which is promoted as a cheaper alternative to bank-backed debit cards.
14 November 2005
Payments technology vendor ACI Worldwide has signed Setefi, the card processing business of Italian banking group Intesa, to its anti-money laundering and fraud detection software, Proactive Risk Manager.
28 October 2005
US payments processor First Data has signed an agreement to acquire an 80% stake in Korea Mobile Payment Services (KPMS). Financial terms of the deal were not disclosed.
20 October 2005
Japanese card issuer JCB has joined an initiative from Visa and MasterCard to align security requirements, testing methodologies and approval procedures for PIN Entry Devices (PED).
30 September 2005
E-payments technology vendor Verifone has teamed with security technology firm McAfee to launch a virus protection system designed for Internet-connected eftpos systems in the US.
16 September 2005
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