Eftpos

1692 articles tagged with this keyword

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State Employees' Credit Union makes EMV move

State Employees' Credit Union (Secu) is set to be one of the first financial institutions in the US to roll out chip and PIN debit cards to its customers.

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Widespread NFC adoption still two years away - industry survey

Widespread adoption of contactless mobile payments is still at least two years away thanks to poor coordination between industry players, according to a survey from vendor Sybase 365.

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Orange and Samsung unveil contactless phone

Wireless operator Orange is stepping up its assault on the contactless payments market with the imminent launch of an NFC-enabled Samsung handset in key European countries.

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LG makes NFC play

South Korean electronics giant LG is preparing to launch contactless mobile payments technology in Europe by 2012, according to Reuters.

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Contactless iPhone: Hype or harbinger of things to come?

With the hype building ahead of Apple's widely expected step into contactless payments through the upcoming iPhone 5, IDC Financial Insights analyst Aaron McPherson has moved to dampen over-excited expectations.

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Visa Europe partners Wireless Dynamics on contactless iPhone payments

Visa Europe has teamed with NFC specialist Wireless Dynamics on a system that turns iPhones into contactless mobile payments systems.

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Barclaycard and Everything Everywhere to launch contactless m-payments

Barclaycard and network operator Everything Everywhere are set to launch the UK's first commercial contactless mobile phone payments system this summer.

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Indian central bank considers national migration to Chip and PIN

A Reserve Bank of India working group has called for the nation's banks to introduce two-factor authentication for online banking and recommended a move to Chip-only card transactions at the ATM and point-of-sale.

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Starbucks rolls out m-payments across US

Following trials in California and New York, coffee chain Starbucks is rolling out its mobile payments service to nearly 6800 stores across the US.

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US organisations upbeat on PCI compliance

US organisations are broadly positive about the value of PCI compliance, with 70% arguing that they are more secure than they would be if the requirements were not in place, according to a Cisco-commissioned survey.

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California skimmers jailed; felon tracked via MySpace profile

A judge has jailed two men for their parts in a card skimming spree at Northern California gas stations that netted more than $90,000.

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Square raises $27.5m

Twitter founder Jack Dorsey has confirmed that his new mobile payments venture Square has raised $27.5 million in a funding round led by Sequoia Capital.

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Lloyds payment failure hits New Years Eve revellers

More than 200,000 UK credit and debit card holders have been double-charged for transactions conducted on New Years Eve following a payment processing failure at Lloyds TSB Cardnet.

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Ingenico receives EUR1.44bn takeover offer

French payment terminal vendor Ingenico says it has received a takeover offer worth around EUR1.44 billion from an undisclosed bidder.

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NAB cancels Christmas as tech woes deepen

National Australia Bank has been hit by more tech woes today, with ATMs, Internet banking and card processing all affected by intermittent network issues.

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NAB tech woes continue as customers suffer though the weekend

National Australia Bank says it has finally identified and fixed a corrupted file that knocked out its payment processing systems early last week and continued to play havoc with its electronic banking services into the weekend.

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VeriFone agrees $485m Hypercom acquisition

VeriFone has signed a $485 million, all-stock, definitive agreement to buy rival card terminal outfit Hypercom just weeks after a hostile bid was rejected.

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US telcos hire GE Capital's Abbott to lead contactless m-payments venture

US wireless firms AT&T, Verizon and T-Mobile have appointed GE Capital veteran Michael Abbott to head up a new contactless mobile payments joint venture.

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Google Android gets NFC

Google CEO Eric Schmidt says the latest upgrade to the firm's Android mobile phone operating system will include near field communication technology, enabling users to make contactless payments with their handsets.

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McDonald's and 7-Eleven go contactless in Australia

Contactless cards acceptance in Australia has been boosted by news that Visa and MasterCard have both signed major retailers to the technology.