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SIA completes acquisition of Unicredit card ops in three European countries

Friday 23rd December 2016 saw the completion of the acquisition by SIA of the processing activities of around 13.5 million payment cards and the management of 206,000 POS terminals and 12,000 ATM terminals in Italy, Germany and Austria from Unicredit Business Integrated Solutions (UBIS), a company in the Unicredit Group, for the sum of €500 million.

London pub trials self-service beer pump with contactless card reader

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London pub trials self-service beer pump with contactless card reader

This Christmas drinkers in one London pub will be spared the ritual of frantically waving £20 notes at bar staff in an effort to grab their attention, thanks to a self-service beer pump with built-in contactless payment capabilities.

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Citi and PayPal form alliance

Today, Citi announced a strategic agreement with PayPal, which will enable Citi cardmembers to use their Citi Cards with PayPal seamlessly – online, in-app and in store – in 2017. Terms of the agreement are not being disclosed.

Cash to account for less than a quarter of US transactions by 2026 - research

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Cash to account for less than a quarter of US transactions by 2026 - research

The rise of mobile and contactless payments means that by 2026 cash will account for less than a quarter of all transactions in the US, according to research from law firm Paul Hastings and the Centre for Economics & Business Research (Cebr).

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China UnionPay qualifies Fime test platform

Fime’s chip payment test platform Savvi – used by acquirers, processors and merchants globally for terminal integration testing – now supports China UnionPay (UnionPay) certification.

Standard Bank snaps up mobile payments outfit

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Standard Bank snaps up mobile payments outfit

South Africa's Standard Bank has bought a majority stake in Firepay, the local startup behind popular QR code-based mobile payments service SnapScan. Financial terms have not been disclosed.

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Carte Bancaire taps Gemalto for mobile payments

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by "Le Groupement d'intérêt Economique des Cartes Bancaires (CB)" in France to supply the technology of its PURE payment solution for mobiles.

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Quest Payment Systems adds support for Alipay in Australia

Quest Payment Systems Pty Ltd, an innovative Australian payments provider has collaborated with Alipay, the largest mobile and online payment company in the world, to launch Alipay in Australian stores.

Belfius joins ING and KBC in combined mobile and loyalty platform

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Belfius joins ING and KBC in combined mobile and loyalty platform

Another Belgian bank, Belfius has joined ING and KBC in contributing towards the roll out of an integrated mobile payments and loyalty platform based on the Dutch bank's payment app Payconiq.

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Square acquires Main Line Delivery

Square, Inc. (NYSE: SQ) announced today that it has completed the acquisition of certain assets of Main Line Delivery, an easy-to-use service that allows diners to place orders for delivery from popular restaurants in the Main Line region of Philadelphia.

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First Data launches Clover Mini and Mobile devices in the UK

First Data (NYSE: FDC), the global leader in commerce-enabling technology, today announced the expansion of its Clover platform with the official launch of Clover Mini and Clover Mobile in the U.K.

Loyalty wallet Bink secures £2 million in new funding

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Loyalty wallet Bink secures £2 million in new funding

Digital loyalty startup Bink has secured £2 million in financing from angel investors, bringing total funding to over £10 million.

Alipay advances on Europe with bank and processor deals

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Alipay advances on Europe with bank and processor deals

Alipay's advance into European markets shows no sign of slowing down as SIX Payment Services becomes the latest terminal vendor to add support for the popular Chinese mobile app. The company has also signed deals with BNP Paribas, Barclays and UniCredit.

Google gets festive with Android Pay Christmas crackers

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Google gets festive with Android Pay Christmas crackers

Google is playing Santa over the holidays, hoping to win converts to its Android Pay service by rewarding Brits who use it with virtual Christmas crackers filled with prizes.

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LendingUSA names Manoj Mathew CTO

LendingUSA, a leading provider of point of sale financing solutions, has announced Manoj Mathew as its new Chief Technology Officer.

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Eika chooses OT for launch of contactless payment cards in Norway

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, and Eika Alliance, one of the largest players in the Norwegian financial market, with almost a million customers, today announce the successful launch of the first dual payment card certified by BankAxept.

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MasterCard to roll out pay-by-instalments in UK with Verifone

Mastercard today announced an important partnership with Verifone (NYSE: PAY), a global leader in payments and commerce solutions, to roll out a new instalment pay application at retailers across the UK.

Amex brings NFC mobile payments to Canada

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Amex brings NFC mobile payments to Canada

American Express is bringing contactless mobile payments to Canadian cardholders with Android devices.

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SocGen agrees merchant acquiring deal with American Express

Societe Generale announces that it has signed a merchant acquiring partnership with American Express in eight countries in Sub-Saharan Africa where the Bank operates.

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YelloPad launches payments terminal

YelloPad, a revolutionary third-generation payment terminal, has just been unveiled at Trustech (formerly Cartes).

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