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Payments News

Study: Brits favor cash, aren't keen on contactless

August 20, 2012

The U.K. continues to demonstrate a lack of appetite for contactless technology; only 17 percent of citizens there think a "cashless future" would make their…

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Report: half of US bank account holders to go mobile by 2017

August 16, 2012

Forrester Research has released a new report on mobile banking, and it's evident the technology has gone from novelty to necessity.

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First Data TSM solution receives qualification from Discover

August 2, 2012

First Data Corporation, a provider of electronic commerce and payment processing services, today announced it has achieved Discover qualification for its First…

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Study: Cash falling behind debit, credit volumes at the POS

June 12, 2012

A study from Javelin Strategy and Research found that plastic is beating out cash when it comes to retail point of sale volume.

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India's 'Money-on-Mobile' launches carrier- and bank-agnostic mobile wallet

June 12, 2012

India's My Mobile Payments Ltd., a mobile payment service provider, today announced that, with a little help from Dallas-based payment processor Calpian inc.…

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Green Dot joins the mobile wallet rush

June 4, 2012

Reloadable prepaid provider Green Dot plans to get into the mobile wallet business, following in the footsteps of Google and PayPal.

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EMV in the U.S.: An undecided future

April 2, 2012

Though the transition to EMV seems all but inevitable, card-issuing banks still don't know exactly what EMV standards look like, said an article from American…

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Indonesian telecom, bank team up on mobile wallet

March 30, 2012

Indonesia's largest telecom, PT Telkomsel, and state lender Bank Negara Indonesia have created a partnership to allow BNI account holders top up their…

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Sweden shows a nation going cashless

March 19, 2012

It was a good run, but after 350 years it looks like Sweden may be one of the first nations to go cashless. The country is in the vanguard of nations moving…

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SHAZAM launches Pentagon mobile payment application

January 26, 2012

The SHAZAM network has launched the Adaptive Payments Pentagon mobile POS payments application, the company announced yesterday in a press release at…

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Saudi Arabia's Skyband gets processing upgrade

January 26, 2012

Skyband, a merchant acquiring service and end-to-end payment processor in Saudi Arabia, has upgraded its payments processing network with the TraxcomSecure…

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Barcelona bank rolls out major tap and go program

January 23, 2012

Spain’s largest retail bank, La Caixa, has begun deployment of contactless payment cards and terminals across Barcelona, said a report at ft.com. The move…

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Siri's functionality may some day extend to ATMs

January 20, 2012

The patent office has made public Apple's patent for its iPhone bot, revealing some of the company's plans for Siri's future, according to a report at the…

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Digital banking to be favored transaction method by 2015

January 15, 2012

By 2015, ATM deployers may find themselves working even harder to maintain their ATM transaction numbers. By then, bank customers will mainly use digital…

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MagTek introduces Qwick Codes Mobile Wallet

January 15, 2012

MagTek, an electronic payments security technology developer, has announced the availability of the Qwick Codes Mobile Wallet. Qwick Codes are one-time use…

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Keynotes announced for Smart Card Alliance 2012 Payments Summit

January 8, 2012

Senior experts from MasterCard Worldwide, Visa Inc., Isis and PayPal will headline the Smart Card Alliance 2012 Payments Summit, the Smart Card Alliance today…

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Indian central bank approves ATM to mobile money transfers

November 9, 2011

The Hindu online reports the Reserve Bank of India, India's central bank, has allowed the National Payments Corporation of India, an umbrella organization of…

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Smart Card Alliance Payments Summit 2012 will offer 'all payments' agenda

October 17, 2011

The Smart Card Alliance today announced that its Payments Summit will return for 2012 with an "all payments" agenda, covering every leading transaction…

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Fiserv launches new mobile banking suite

September 14, 2011

Fiserv Inc. yesterday announced the new Mobiliti mobile banking, alerting and payments suite that combines Mobile Money from Fiserv, and BankAnywhere from the…

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Visa announces three initiatives to push EMV adoption in U.S.

August 8, 2011

Visa Inc. today announced its plans to push the migration to EMV contact and contactless chip technology in the United States. The credit card giant said in a…

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