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Daily News, Payments News -

TSYS CEO Phil Tomlinson has announced that he has decided to retire as chief executive officer, and that Troy Woods has been elected by the TSYS board of directors as president and chief executive officer, effective July 31, 2014. Tomlinson will continue to serve as executive chairman of the board of TSYS until the 2015 Annual [...]

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Daily News, Payments News -

Consultancy Deloitte have released a new report in which they state that European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive threats to their business from a host of new start ups. Banks have successfully faced down technological developments – such as the rise of the [...]

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Daily News, POS Terminals -

MasterCard and Sacombank have announced a partnership to equip small merchants at the iconic Ben Thanh market in Vietnam with mobile Point of Sale (mPOS) terminals, enabling consumers to make card payments for the first time in its 100-year history. As a result of this partnership, the Ben Thanh market in Ho Chi Minh, which previously operated on [...]

The post MasterCard enable card payments in Vietnam appeared first on Payments Cards & Mobile.

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Contactless, Daily News -

Following the recent publication of the Consult Hyperion/GSMA discussion paper ‘HCE and SIM Secure Element: It’s Not Black and White’, SIMalliance has highlighted that future growth of the NFC ecosystem and NFC-based applications, resulting from host card emulation (HCE), is likely to expedite SIM-based NFC payment deployments and create opportunities for mobile network operators (MNOs) [...]

The post HCE will support NFC roll-out for MNOs appeared first on Payments Cards & Mobile.

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Contactless, Daily News -

AT&T has announced its selection of CorFire, the mobile commerce business of SK C&C USA, to provide SP TSM and supporting mobile applications for AT&T’s NFC services to be marketed through AT&T NFC Connect. AT&T  hopes that these services will enhance its NFC offering by enabling non-payment related NFC services, such as Access Control, independent [...]

The post AT&T selects CorFire mobile commerce platform for NFC services appeared first on Payments Cards & Mobile.

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