Latest Eftpos News: Finextra Research

Google in talks to buy Softcard

Google is in talks to buy US telco-owned mobile payments venture Softcard for between $50 million and $100 million, according to press reports.

19 January 2015

Company update/Eftpos

TD USA to re-sell Spindle payment aggregation services

Spindle, Inc. (SPDL), a leading provider of mobile commerce solutions, announced that it has signed an agreement with payment processing industry consulting firm Transaction Data USA Inc. (TD USA) to resell both Spindle's payment aggregation services and its Yowza!! Offers mobile marketing services.

15 January 2015

Company update/Eftpos

MasterCard approves TUV SUD as test lab for contactless readers

MasterCard has accredited TÜV SÜD Product Service to provide type approval testing and certification of MasterCard Contactless Readers v3.0 (“MCL 3.0,” formerly referred to as PayPass Reader v3.0”).

15 January 2015

News/Eftpos

MasterCard and Masabi bring mobile ticketing to Athens transport system

Athens' public transport network is moving into the 21st century, ditching its current cash only fare system for a mobile ticketing platform from MasterCard and Masabi.

14 January 2015

Company update/Eftpos

Wincor Nixdorf ships point-of-sale upgrades

Wincor Nixdorf, a global leader in advanced retail and banking IT solutions, today announced updates to four of its products that are used by retailers to automate their point of sale, streamline back office activities, and provide consumers with a seamless omnichannel shopping experience.

12 January 2015

News/Eftpos

Softcard not dead, but is axing 60 jobs

Softcard, the mobile payments venture owned by America's leading telcos, is slashing jobs in a cost-cutting exercise but insists that it is not shutting up shop.

09 January 2015

News/Eftpos

Polish banks embrace HCE for mobile payments drive

Nine Polish banks have confirmed plans to commercially launch mobile contactless payments using Visa's Host Card Emulation technology from early next year.

07 January 2015

News/Eftpos

Circle adds NFC support to bitcoin app

Bitcoin firm Circle has added support for contactless mobile payments to its Android app, enabling crypto-currency enthusiasts to make instore purchases with a wave of their phone.

07 January 2015

News/Eftpos

US community banks claim $90 million costs for Home Depot breach

US community banks are calling for a crackdown on merchant security protocols after reissuing nearly 7.5 million credit and debit cards at a total cost of more than $90 million as a result of the Home Depot data breach.

19 December 2014

Company update/Eftpos

Mozido acquires majority ownership in CorFire

Mozido, a cloud platform mobile payments and retail engagement solutions provider, today announced it has acquired the majority ownership in SK C&C USA dba CorFire, a U.S.-based mobile commerce company previously wholly-owned by South Korean IT services provider SK C&C.

18 December 2014

News/Eftpos

Royal Bank of Canada adds HCE to mobile app

Royal Bank of Canada has implemented Host Card Emulation for its mobile banking app, enabling customers to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card.

18 December 2014

News/Eftpos

Toronto subway gets card payment option

From next month, Toronto's commuters will finally be able to pay for subway journeys with their debit and credit cards, although contactless payments on the city's antiquated public transport network are still some way off.

17 December 2014

News/Eftpos

WorldPay to double US workforce on Atlanta relocation

London-based payments processor WorldPay is to spend $10 million to relocate its US headquarters and 617 employees to Atlanta, amid plans to double its American workforce over the next four years.

10 December 2014

News/Eftpos

Bank-backed QR code-based mobile payments app launches in Belgium

A QR code-based mobile wallet that can be used for in-store, in-app, online and P2P payments has launched in Belgium with the backing of the country's major banks.

08 December 2014

News/Eftpos

MasterCard and CIBC join $70m Dynamics funding round

MasterCard and Canadian bank CIBC have joined a $70 million series c funding round for Dynamics, an American outfit that makes "interactive" payment cards with buttons that users press to access different features.

08 December 2014

News/Eftpos

Retailer bebe suffers card security breach

Women's clothes retailer bebe stores says that its payments processing system was hit by hackers last month, putting customer card data at risk.

05 December 2014

News/Eftpos

Japanese messaging outfit Line launches m-payments service

Japanese messaging giant Line is rolling out its mobile payments service for online and in-store transactions to users around the world.

05 December 2014

News/Eftpos

Bitpay and Bitstraat bid to turn Amsterdam into the world's Bitcoin capital

Bitpay is working with Dutch startup Bitstraat to turn Amsterdam into the Bitcoin capital of the world by giving away free hardware to retailers in the city.

03 December 2014

News/Eftpos

Target fails to get bank lawsuit dismissed

A US judge has given financial institutions the go-ahead to proceed with their lawsuit against Target over losses associated with last year's data breach at the retailer.

03 December 2014

Company update/Eftpos

First Data collaborates with Banco Nacional Ultramarino to serve Macau businesses

First Data Merchant Solutions (FDMS) Macau, First Data’s direct-to-market merchant acquiring business in Macau, and Banco Nacional Ultramarino (BNU), a leading commercial bank, today announced a strategic alliance to provide merchant services and payment solutions for merchants in Macau.

03 December 2014