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Money20/20: MCX and Softcard set out plans to take on Apple Pay

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Money20/20: MCX and Softcard set out plans to take on Apple Pay

In the long shadow of Apple Pay, this week two major mobile money ventures, telco-backed Softcard and merchant-run MCX, have been setting out their strategies for wining over customers.

US banks pay high price for cosying up to Apple

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US banks pay high price for cosying up to Apple

US banks are paying a high price for the privilege of placing their cards on Apple Pay, with the tech giant demanding not just cash but also detailed reports and analytics on card usage data, according to a leaked draft of the 19-page commercial agreement with issuers.

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PowaTag goes live at Twickenham stadium

From the 8th of November, more fans at Twickenham Stadium will now be able to pre-order food and drink with a tap of their phone, as mobile commerce solution PowaTag goes live.

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Money20/20: Entercharge wins MasterCard Challenge hackathon

Las Vegas is synonymous with excitement and thrills, but for the 1,000 developers working away without sleep or rest for 24 hours in the Money 20/20 Hackathon, there was no glamour.

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Money20/20: Bitpay launches NFC point-of-sale app for merchants

We’ve been busy making bitcoin payments fast and seamless for mobile and retail businesses, and today we’re excited to launch our new point-of-sale app. Bitcoin Checkout allows merchants to accept bitcoin payments on a mobile device.

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Worldline signs reseller deal with Powa

Worldline [Euronext:WLN], European leader in the payments and transactional services industry, has signed a reseller partnership with Powa Technologies, an international commerce specialist. Worldline now offers the powerful and pioneering PowaPOS (T25 and PowaPIN) mPOS solutions, extending its cross-channel payment terminals range for merchants and banks.

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EMVCo data reveals 30% of global card-present transactions conducted via EMV

Official figures released by the global technical body EMVCo show that nearly 30% of all card-present transactions conducted globally between July 2013 and June 2014 used EMV chip technology.

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First Data launches Clover Mobile POS tech

Today, First Data, the global leader in payment technology and services solutions, unveils Clover™ Mobile, a powerful new mobile point-of-sale (POS) business solution that brings new flexibility and versatility to the Clover family. Clover Mobile enables more personal consumer engagement for innovative small- to mid-sized businesses by taking the functionality of the popular Clover Station off the counter and on to the floor.

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Money20/20: Verifone MX915/925 granted Sepa Common Critera certification

Verifone (PAY) today announced that its MX 915 and MX 925 payment terminals have been granted SEPA Common Criteria certification by the Dutch Certification Body (NSCIB).

Money20/20: Visa and Citi promise to open up to developers

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Money20/20: Visa and Citi promise to open up to developers

Two of the world's biggest financial services firms, Visa and Citi, have promised to ditch their insular approach and open up their platforms to partners.

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Elavon prepares for EMV and Apple Pay

Elavon, a leading global payments provider and wholly owned subsidiary of U.S. Bancorp (USB) announces enhanced products for EMV readiness, security and support for Apple Pay.

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Bluefin PCI-validated P2PE as DaaS

Bluefin Payment Systems, the leading provider of secure payment technology for enterprises, financial institutions, and small to medium-sized businesses, announced today the availability of their PCI-validated Point-to-Point Encryption (P2PE) Solution in a simple and effective Decryption as a Service (DaaS) environment.

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M&T Bank adds support for Apple Pay

M&T Bank (MTB) has enhanced its credit and debit card line-up by adding support for Apple Pay. M&T consumer credit card and M&T consumer and business debit card cardholders will be able to use their iPhone 6 and iPhone 6 Plus for everyday purchases beginning today in hundreds of thousands of stores accepting contactless payments, including major stores, restaurants, fuel and convenience stores, as well as all Apple Store locations.

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Navy Federal Credit Union supports Apple Pay

Navy Federal Credit Union announced today that its five million members now have access to Apple Pay. This new service transforms mobile payments with an easy, secure and private way to pay. Members can use Apple Pay with the new iPhone 6, iPhone 6 plus, Apple Watch, iPad Air 2 and iPad mini 3.

Canadian banks to test heartbeat bracelet for contactless payments

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Canadian banks to test heartbeat bracelet for contactless payments

Heartbeat authentication startup Bionym is to conduct a multi-bank trial of its wearable Nymi Band for contactless card transactions at the point-of-sale in Canada.

Turkish digital wallet provider introduces Google Glass payments app

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Turkish digital wallet provider introduces Google Glass payments app

Turkey's Bankalararası Kart Merkezi (BKM) has developed a Google Glass app that lets users access their digital wallets and make payments through voice commands and QR codes.

November is card fraudsters' favourite month

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November is card fraudsters' favourite month

As November approaches, data science company Feedzai is warning that the month is the fraudsters' favourite, when both card-present and card-not-present crime spike.

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Ingenico reports strong revenue growth

In the first nine months of 2014, revenue totaled €1,084 million, representing an 8 percent increase on a reported basis, including a negative foreign exchange impact of €38 million.

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Revel Systems enhances iPad POS

Revel Systems, the leader in iPad Point of Sale Solutions now offers a Retail Enhancement Suite.

Ex-Google Wallet chief looks to cash in on EMV migration with new POS terminal

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Ex-Google Wallet chief looks to cash in on EMV migration with new POS terminal

Former Google Wallet boss Osama Bedier is bidding to take advantage of the "once in a lifetime" opportunity presented by America's move to EMV chip cards with a new take on the point-of-sale terminal.

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