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Turkey launches national payments system

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Turkey launches national payments system

Turkey has gone live with its own card payment system, dubbed Troy, as it seeks to boost electronic money and usher in a cashless society by 2023.

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FIS EMV test suite certified by all major card schemes

FIS (NYSE:FIS), a global leader in financial services technology, today announced that its EMV Contact and Contactless Terminal Integration Test Solutions have been accredited by four major payment brands.

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MasterCard unveils M/Chip Fast for speedier checkouts

MasterCard today unveiled M/Chip Fast, a new application of the company’s existing technology to help speed EMV transactions and shoppers through checkout lines.

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Square forms partnership with Toronto's MaRS fintech hub

MaRS Discovery District today announced a partnership with Square. As part of MaRS Financial Technology (fintech) cluster, Square will connect and collaborate with companies in the MaRS community to continue to push the boundaries in payment technologies.

Apple Pay picks up 1 million new users a week; comes to ANZ customers

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Apple Pay picks up 1 million new users a week; comes to ANZ customers

Apple says that its mobile payments service is gaining a million users a week, but admits that this is still not resulting in any meaningful revenues.

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Fime supports development and roll-out of Android POS terminal

Fime today announces its successful collaboration with AEVI, a subsidiary of Wincor Nixdorf, to support the development and roll-out of the world’s first payment terminal product based on the Android operating system (OS).

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Ingenico forecasts double-digit revenue growth for 2016

Ingenico Group (Euronext: FR0000125346 – ING) announced today its revenue for the first quarter of 2016.

mPOS firms SumUP and payleven agree merger

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mPOS firms SumUP and payleven agree merger

SumUp and payleven have announced a merger agreement, marking the start of a consolidation phase in the crowded mobile point-of-sale arena.

Chinese handset maker Xiaomi preps NFC-payments service

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Chinese handset maker Xiaomi preps NFC-payments service

Following in the footsteps of Apple, Samsung and Huawei, local giant Xiaomi has become the latest smartphone maker to strike a deal with China UnionPay to roll out an NFC-based payments service.

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US Bank pilots local loyalty app

US Bank has launched Deal Local, a new mobile app designed to help local businesses attract new customers and build loyalty with their existing customers through deals and rewards.

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Banks and retailers to increase payments spend

Almost three-quarters (71 percent) of European retailers and financial institutions plan to increase spending on payments technology in the next 18 to 24 months in the face of increasing competitive pressure and a feeling of being ‘under siege.’

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First Data narrows Q1 net loss

First Data Corporation (FDC), a global leader in commerce-enabling technology and solutions, today reported financial results for the first quarter ended March 31, 2016. Consolidated revenue for the first quarter was $2.8 billion, up 3% versus the prior year period, or up 5% excluding currency impacts.

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Samsung Pay partners with global POS providers to accelerate m-payment adoption

Samsung Electronics Co., Ltd announced today new partnerships with the world’s largest POS makers, including Verifone (NYSE: PAY), Ingenico Group, First Data and Clover, PAX Technology, Equinox, ID TECH, MagTek, USA ePay and OTI Global, to accelerate mobile payment adoption by ensuring the best possible user experience at merchants’ point-of-sale (POS) systems during checkout.

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Control launches card reader app for Stripe

Control, a management and analytics platform for online payments, in partnership with payworks, launches the first EMV compliant app for Stripe, an online payment platform for businesses.

Samsung Pay pushes into SouthEast Asia with Singapore launch

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Samsung Pay pushes into SouthEast Asia with Singapore launch

Samsung Pay is to launch in Singapore as early as Q2 2016, with support from major banks such as DBS/POSB, OCBC Bank and Standard Chartered.

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Singapore's SoftPay Mobile takes majority stake in Vietnam MPOS Technology JSC

SoftPay Mobile International, a Singapore based mobile Point of Sale (mPOS) company, has signed a definitive agreement to acquire Vietnam MPOS Technology JSC, a leading mPOS company operating in Vietnam.

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Yandex.Money adds NFC payments to mobile app

Yandex.Money, the largest online payment service in Russia, will employ NFC technology to offer users contactless payments from its Android mobile app.

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Bulgaria's Fibank launches HCE mobile payments

First Investment Bank AD (Fibank) of Bulgaria is a first bank in the region launching a MasterCard Cloud Based Payments mobile card product and thus brings an innovation to their existing mobile bank users.

The new wearables: 'tattoo' payments

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The new wearables: 'tattoo' payments

Forget cards, mobiles and even smartwatches. A healthcare technology startup is hoping that we will soon be attaching ultra-thin tattoo-like stickers that can make contactless payments to our bodies.

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ID Tech starts shipping Augusta EMV card reader

ID Tech, a leading manufacturer of secure payment solutions, mobile payment readers, point of sale peripherals, and digital signage, has announced that the Augusta has been released into production.

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