Eftpos

1692 articles tagged with this keyword

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More computer misery at Abbey as UK bank double-bills customers

UK bank Abbey is working to reverse a processing error that led to thousands of customers being mistakenly billed twice for the same Visa debit card transactions.

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UK bank branches target for Chip and PIN verification

Ingenico UK and US-based Nexus Software have developed a Chip and PIN-basesd authentication system for use in retail bank branch environments.

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Discover and JCB ink network access deal

Morgan Stanley unit Discover has inked a deal with Japanese card issuer JCB that will allow its US customers to use their cards to pay for purchases made in Japan.

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Verifone buys Trintech's payment systems unit

US e-payments technology vendor Verifone is buying the payment systems business of Dublin-based Trintech in an all cash transaction worth $12.1 million.

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Bank of Queensland outsources eftpos network to Keycorp

The Bank of Queensland (BoQ) has signed a six year deal worth A$14.4 million with Australian e-payments vendor Keycorp for the upgrade and management of its entire fleet of eftpos terminals.

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Ingenico and Moneyline to merge

French eftpos vendors Ingenico and Moneyline have signed an agreement to merge their respective operations.

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Police bust Canadian card cloning gang

Police in Montreal have arrested nine people - including a bank call centre employee - that allegedly used rigged payment terminals to skim debit cards and steal customers' PINs.

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Ingenico wins Norwegian Post Office Chip and PIN contract

Eftpos vendor Ingenico has won a £1 million contract to supply mobile payment terminals and PIN pads to the Norwegian Post Office.

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National card schemes propose euro payments alliance

German card processor Zentraler Kreditausschuss (ZKA) is aiming to create a 'Euro Alliance of Payment Schemes' with partners in Portugal, Italy, Spain and the Netherlands in an effort to interlink national debit card systems to process cross-border transactions.

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New security device aims to protect Chip and PIN users from 'shoulder surfers'

A new chip and PIN security device capable of protecting cardholders from "shoulder surfing" thieves at the cash till is being piloted by UK health and beauty retailer Boots.

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UK banks rocked by £1 million Chip & PIN card cloning fraud

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.

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Global electronic payment volumes to double by 2010

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.

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Transport for London drops Oyster e-money initiative

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.

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Visa warns of PoS software bug

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.

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BBS enters Swedish terminal market with Ingenico acquisition

Bank-owned Norwegian payments processor BBS is acquiring the Swedish business of eftpos manufacturer Ingenico. Financial terms of the deal were not disclosed.

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Verifone reports ICICI Bank contract

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.

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Euro central banks firm up Sepa objectives

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.

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Royal Bank of Scotland targets cash with contactless card technology

Royal Bank of Scotland is to road-test MasterCard's PayPass contactless cards in the UK as an alternative to low-value cash payments.

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Visa takes aim at US contactless market

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.

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Chip & PIN ramps up fear factor

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.