Latest Eftpos News: Finextra Research

Apple stores get new mPOS tech for chip and PIN move

Apple is revamping its in-store mPOS system with a new iPhone and VeriFone-made shell combination that can accept chip and PIN card payments.

12 May 2014

News/Eftpos

IZettle raises EUR40m

Swedish mPOS outfit iZettle has raised EUR40 million in a series c funding round led by London-based growth investor Zouk Capital.

09 May 2014

News/Eftpos

Deutsche Telekom launches NFC mobile wallet

Deutsche Telekom has unveiled an NFC mobile wallet in Germany, enabling customers to make low value contactless payments at MasterCard PayPass terminals.

08 May 2014

News/Eftpos

CommBank debuts cardless ATM transactions

Australia's Commonwealth Bank has beaten local rival WestPac to market with a new mobile app that enables customers to make cardless ATM withdrawals using just their smartphone.

30 April 2014

News/Eftpos

SIMalliance issues Host Card Emulation warning

With Host Card Emulation gaining industry support as a way of bringing mobile NFC payments to the masses, Secure Element advocates at the SIMalliance have looked to pour cold water on the new kid on the block.

29 April 2014

News/Eftpos

Square to open New York office to house 350 employees

Payments startup Square is opening an office in New York's SoHo as it prepares to add more than 300 employees in the city.

25 April 2014

News/Eftpos

Xapo launches bitcoin debit card

Bitcoin startup Xapo has unveiled plans for a debit card that lets users pay with the crypto-currency wherever plastic is accepted.

25 April 2014

News/Eftpos

POS startup ShopKeep raises $25m

New York-based point-of-sale startup ShopKeep has raised $25 million in a funding round led by Thayer Street Partners.

24 April 2014

News/Eftpos

PayPal boss Marcus softens stance on NFC but insists BLE will win out

PayPal chief David Marcus says that the rise of host card emulation has forced him to reevaluate his long-held scepticism about mobile NFC payments, but he still feels bluetooth low energy will be the technology the revolutionises the way we pay.

23 April 2014

News/Eftpos

TfL and mobile operators to test NFC payments

Transport for London is reportedly in negotiations with mobile operators ahead of a pilot which will see commuters pay for journeys through their NFC-enabled handsets.

22 April 2014

News/Eftpos

Square denies it discussed sale to Google

Speculation about the future of Square is growing after the mobile payments startup was forced to pour cold water on a Wall Street Journal report claiming that, facing growing losses and a shrinking cash pile, it has been in talks about a possible sale to Google.

22 April 2014

News/Eftpos

Pay-by-sleeve: Heritage Bank unveils contactless payments suit

Forget watches and glasses, Aussie bank Heritage thinks it has found the cutting edge of wearable tech - a suit that lets customers make contactless payments through the flick of a sleeve.

17 April 2014

News/Eftpos

CommBank services hit by network-wide outage

An IT glitch at Commonwealth Bank of Australia has left customers unable to use online and mobile banking, ATMs and point-of-sale terminals for several hours.

15 April 2014

News/Eftpos

Westpac forecasts $3 billion in mobile contactless transactions in 2015

Westpac is forecasting almost $3 billion in contactless transactions will be made via mobile by 2015 as the Australian bank begins the roll-out of a new m-payment service on Samsung's Galaxy S4 and S5 smartphones.

09 April 2014

News/Eftpos

Mashreq rolls out contactless stickers

United Arab Emirate-based bank Mashreq is offering customers stickers that can be attached to mobile phones and used to make contactless payments.

08 April 2014

News/Eftpos

Researchers hack mPOS devices, play Flappy Bird

Mobile point-of-sale (mPOS) devices can be easily hacked, leaving banks, retailers and customers open to fraud, claims MWR InfoSecurity, which has even managed to play Flappy Bird on one reader.

07 April 2014

News/Eftpos

Finnish telco hawks pre-loaded contactless payments stickers

Finnish telco Elisa has teamed up with convenience store chain R-kioski to sell pre-loaded contactless payments stickers.

04 April 2014

News/Eftpos

Barclays' customers spending £6.6 million per month with contactless

Barclaycard says its customers are now spending £6.6 million per month on their contactless cards, as the firm celebrates the fifth anniversary of the introduction of the technology to the UK.

04 April 2014

News/Eftpos

Hackers steal Texas liquor store chain customer data

More than half a million people may have had their card data stolen after a data breach at Texas wine and liquor store chain Spec's which dates back 18 months.

03 April 2014

News/Eftpos

PCI security vendor Trustwave named in Target breach suit

PCI security vendor Trustwave has been accused of failing to detect vulnerabilities in Target's handling of credit card data ahead of last year's data breach, according to a law suit filed by Trustmark National Bank of New York and Green Bank of Houston.

26 March 2014