Latest Eftpos News: Finextra Research

US mobile banking on the rise - Fed study

Nearly 40% of banked Americans that have mobile phones now use their handsets to access their accounts, according to research from the Federal Reserve Board.

27 March 2015

Company update/Eftpos

Everlink puts Interac debit chip on wristband

Everlink Payment Services Inc. today announced that it has completed a proof of concept market trial for its latest debit card innovation – DebitWear™. DebitWear™ is a contactless-only, debit card form factor that uses the same EMV and Near Field Communication (NFC) technology currently being used for Interac Flash™ enabled cards.

19 March 2015

Company update/Eftpos

Mexican payments processor E-Global implements NCR platform

E-Global, the largest electronic payments processor in Mexico, has implemented a new payments transactions platform from NCR Corporation (NCR), the global leader in consumer transaction technologies.

16 March 2015

News/Eftpos

CommBank rolls out HCE-based NFC payments

Commonwealth Bank of Australia is working with MasterCard to use host card emulation to extend the availability of its mobile contactless payments service.

13 March 2015

News/Eftpos

Apple Pay shows steep consumer adoption curve

The Apple effect on mobile payments uptake in the US is thrown into relief by a new survey of iPhone 6 users by Auriemma Consulting, which shows that fully 42% have tried Apple Pay, with three quarters of the sample going on to make repeat purchases.

12 March 2015

News/Eftpos

Square buys Toronto's Kili Technology

As it seeks to keep pace with a market shifting to EMV and NFC, Square has acquired Canadian payments specialist Kili Technology. Financial terms of the deal were not disclosed.

11 March 2015

Company update/Eftpos

TGI Fridays extends Verifone pay-at-table contract

Verifone (NYSE: PAY) announced that TGI Fridays UK, the popular American-style restaurant chain, has completed a payment system upgrade for its restaurants after renewing its contract to continue using Verifone’s Payment as a Service, which bundles payment hardware, software, gateway and support services into a single integrated solution.

10 March 2015

News/Eftpos

Citi, Fidelity and Mint develop first FS apps for Apple Watch

Citi, Fidelity and Mint are the first financial services-related developers out of the blocks with apps designed for the new Apple Watch, which goes on sale next month.

09 March 2015

News/Eftpos

Campaign pushes for US adoption of chip and PIN

A campaign designed to put pressure on US card issuers to embrace chip and PIN, rather than just chip and signature, technology has been launched.

09 March 2015

News/Eftpos

PayPal's Schulman lays out plan to rule the digital commerce world

Incoming chief Dan Schulman has set out his vision for turning PayPal from a button on a website into the operating system for digital commerce.

06 March 2015

Company update/Eftpos

Finland's OP to introduce mobile wallet

OP`s customers will be able to pay for their purchases by mobile phone during the spring. In practice, the payment is done by showing Pivo at the point of sale and moving the phone close to the payment terminal.

04 March 2015

Company update/Eftpos

Ingenico reports mPOS momentum in Italy

Ingenico Group (Euronext: FR0000125346 - ING), global leader in seamless payment, announces a strong acceleration in the deployment of its mPOS solution in Italy, notably in response to a new legislative framework that requires all merchants to accept card payment for all transactions over €30.

04 March 2015

News/Eftpos

Madrid's public transport system to trial mobile NFC ticketing

Madrid's public transport system operator is working with Telefonica, Samsung and Gemalto to pilot mobile NFC ticketing.

04 March 2015

News/Eftpos

Oz telco Optus preps smartwatch payments

Australian telco Optus is planning to launch smartwatches and wristbands that let customers make contactless payments with the flick of a wrist.

03 March 2015

News/Eftpos

Banco Sabadell unveils mobile wallet

Spain's Banco Sabadell has teamed up with MasterCard to launch a mobile wallet that will let customers make in-store payments with a tap of their handsets.

03 March 2015

Company update/Eftpos

Elavon Simplify ready for EMV switch

Elavon, a leading global payments provider and subsidiary of U.S. Bancorp (USB), now offers EMV with its Simplify payment application.

03 March 2015

News/Eftpos

PayPal buys mobile payments firm Paydiant

PayPal has agreed to buy Paydiant, a Boston-based startup that helps the likes of Subway, Capital One and retailer joint venture MCX build mobile payments, offers and loyalty into their apps.

02 March 2015

News/Eftpos

Ingenico introduces mPOS dongle for mobile wallet transactions

Ingenico has released an audio jack-based point-of-sale dongle that can accept payments made by mobile phone.

02 March 2015

News/Eftpos

Softcard confirms shut down

US telco-owned mobile payments venture Softcard has confirmed that is shutting down after selling off technology and intellectual property to Google.

27 February 2015

News/Eftpos

Visa and MasterCard report strong bank uptake for HCE-based mobile payments

Banco do Brazil, PNC Bank and US Bank are set to join the growing band of finacial services firms working with Visa to offer their customers HCE-based contactless mobile payments.

27 February 2015