Latest Eftpos News: Finextra Research

Oberthur ships light-emitting contactless card

Oberthur Technologies has launched a contactless payments card that lights up when placed in the field of a terminal reader to let the user know that their transaction is taking place.

05 November 2009

News/Eftpos

Rio public transport network goes contactless

MasterCard has launched Latin America's first combined contactless transit and payments system in Rio de Janeiro.

05 November 2009

News/Eftpos

VeriFone and Heartland legal spat escalates

An increasingly bitter battle between VeriFone and Heartland Payment Systems that has seen both file lawsuits in recent weeks, was stepped up today when VeriFone confirmed that it will terminate technical support relationships, and will instead offer free services to mutual merchant customers.

03 November 2009

News/Eftpos

Visa Australia to phase out signature cards by 2013

Visa has stepped up its migration to chip and PIN cards in Australia and will ban signature transactions by April 2013.

02 November 2009

News/Eftpos

European Vending Association makes contactless payments push

The European Vending Association (EVA) has published a position paper and set of contactless technical specifications in an effort to break down the barriers to the use of cash-free payments in vending machines.

27 October 2009

News/Eftpos

National Bank of Kuwait launches contactless m-payments trial

National Bank of Kuwait (NBK), Visa, telco Zain and fintech vendor ViVOtech have teamed on a six month long near field communication-based mobile payments pilot.

21 October 2009

News/Eftpos

Fraudsters compromise Perth retailer terminals

Police in Perth are warning consumers to check their financial transactions after uncovering a network of compromised point-of-sale terminals at major retailers in the Western Australian city.

07 October 2009

News/Eftpos

UK online banking losses continue to climb

The UK financial services industry experienced a 55% spike in losses from online banking fraud in the six months to June 2009 as cybercrooks adopted more sophisticated tactics to dupe consumers.

07 October 2009

News/Eftpos

Ingenico buys easycash for EUR290m

French eftpos outfit Ingenico has acquired Germany's easycash from private equity house Warburg Pincus for an enterprise value of EUR290 million.

25 September 2009

News/Eftpos

NAB and Visa in contactless payments push

National Australia Bank (NAB) and Visa have embarked on a major roll-out of contactless payments readers that will see 2500 delivered to merchants by Christmas.

22 September 2009

News/Eftpos

Gemalto wins Belgian contactless transport deal

The firm running Brussels' public transport system has selected technology from Dutch vendor Gemalto for a contactless card programme covering the city's subway, buses and trams.

02 September 2009

News/Eftpos

UK government sets guidelines to combat contactless m-payments fraud

The UK government has laid down guidelines designed to tackle fraud associated with mobile phone-based contactless payments.

28 August 2009

News/Eftpos

RBA maintains squeeze on interchange as banks fail in payments reform

The Reserve Bank of Australia has decided to continue regulating interchange fees on card transactions after concluding that insufficient progress had been made in opening up the domestic payments system to new competition.

26 August 2009

News/Eftpos

UK plans to ditch paper transport tickets for mobile phones and bank cards

The UK government is proposing the introduction of an England-wide smart ticketing system that will let travellers pay for bus and train journeys using their NFC-enabled bank cards and mobile phones.

20 August 2009

News/Eftpos

Waterpark rolls out contactless payments wristbands

A US waterpark resort is introducing wristbands from Precision Dynamics that incorporate RFID technology to enable guests to make contactless payments.

06 August 2009

News/Eftpos

Disneyland Paris to test contactless payments

Disneyland Paris is teaming with French banks Crédit Mutuel and CIC to pilot contactless payments using mobile phones and cards in its shops and restaurants.

29 July 2009

News/Eftpos

Shoppers charged twice after Bank of Scotland glitch

A technical problem at Bank of Scotland has led to some customers being charged twice for in-store purchases made with chip and PIN cards.

29 July 2009

News/Eftpos

RBS WorldPay sells German POS acquiring business to easycash

The Royal Bank of Scotland's German domestic acquiring arm, RBS WorldPay, has sold its merchant point-of-sale portfolio to local outfit easycash. Financial terms of the deal were not disclosed.

24 July 2009

News/Eftpos

Volksbank International to centralise European payment card processing with SIA-SSB

SIA-SSB has signed a framework agreement with Volksbank International (VBI), a part of the fourth largest banking group in Austria, to provide issuing and acquiring service for the complete management of payment cards, ATM and POS in nine Central and Eastern European countries.

14 July 2009

News/Eftpos

Citi in Indian contactless m-payments trial

US banking giant Citi has teamed with MasterCard, Nokia, Vodafone and ViVOtech to pilot contactless mobile phone payments in the Indian city of Bangalore.

03 July 2009