Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Datacash stumbles on retailer Chip and PIN cost worries

Datacash, the AIM-listed provider of bank independent payments services to the card not present market, says that a cautious approach by retailers to their Chip and PIN investment strategy has so far stymied its efforts to penetrate the high street market.

11 January 2005

News/Eftpos

Chase to market Peppercoin's small value payments suite

US-based micropayments start-up Peppercoin has secured a referral agreement with the nation's largest merchant acquirer Chase Merchant Services.

10 January 2005

News/Eftpos

Half of UK retailers still not using chip and PIN

Fewer than half of UK retailers are using the chip and PIN system for processing card transactions according to a survey conducted by payments software vendor Retail Logic.

10 January 2005

News/Eftpos

First Data and MasterCard welcome Washington Mutual deal

First Data is reporting a new debit card processing deal with Washington Mutual, as the US' largest savings and loan switches from Visa to MasterCard-branded cards.

07 January 2005

News/Eftpos

ACI signs Abu Dhabi Commercial Bank to Base24-es platform

Abu Dhabi Commercial Bank is implementing ACI Worldwide's online transaction processing system, Base24-es, to manage both ATM and point of sale (pos) payments.

05 January 2005

News/Eftpos

Chip and PIN programme hails successful transition despite retailer criticism

The UK's Chip and PIN programme says the nationwide transition to the new point-of-sale security technology has been a success, despite fierce condemnation of the effort by the Forum of Private Business (FPB).

04 January 2005

News/Eftpos

One in five shoppers shun Chip and PIN - Visa

One in five UK Chip and PIN cardholders are still using a signature rather than a PIN number to verify payments, according to research conducted by Visa.

15 December 2004

News/Eftpos

Verifone to acquire Go Software from ROI Corporation

E-payments technology firm Verifone has signed a definitive agreement to acquire Go Software, a provider of point-of-sale payment processing software, from Georgia-based ROI Corporation for a total consideration of $15 million.

07 December 2004

News/Eftpos

Euro central banks play hard ball over single payments area

Euro area central banks have warned the banking industry against backsliding on committments to deliver a Single Euro Payments Area (Sepa) by the end of the decade, amid mounting evidence that support for the project is on the wane.

03 December 2004

News/Eftpos

Pay By Touch to acquire online payments firm ATM Direct

San Franciso-based Pay By Touch has signed an agreement to acquire ATM Direct, a provider of online payment authentication technology. Financial terms of the deal were not disclosed.

29 November 2004

News/Eftpos

JCB trials infrared payments technology

Japanese payment card company JCB has begun a three month pilot of its JCBeam service which allows customers to make contactless payments using mobile phones featuring infrared transmission ports.

26 November 2004

News/Eftpos

Level Four launches POS Simulator

UK ATM test and development systems vendor Level Four Software has launched POS Simulator, a tool designed to automate testing of point of sale (POS) terminals.

16 November 2004

News/Eftpos

Desjardins signs for 30,000 Ingenico eftpos terminals

Eftpos vendor Ingenico has won a contract to supply 30,000 payment terminals and PIN pads to Canadian financial group Desjardins.

29 October 2004

News/Eftpos

Thales reports Spanish EMV orders

Electronic transactions group Thales is reporting significant EMV-compatible Chip and PIN terminal sales with Spanish operators Sistema 4B, SERMEPA and Euro6000.

25 October 2004

News/Eftpos

Local stores in the dark over chip and PIN

Nearly half the local stores in the UK have taken no action to install technology capable of handling chip and PIN card payments in time for the end-of-year switchover.

15 October 2004