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AS THE ONE year anniversary of the US EMV migration shift to chip approaches, new data has been released con rming the positive impact the technology is having on issuing banks and merchants. CHIP IMPACT ON MERCHANTS The biggest bene t of chip technology is minimising the cost of fraud caused, in part, by the [...]

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UNDERSCORING INVESTOR SKITTISHNESS and low tolerance for earnings disappointments, shares in French payments rm Ingenico Group fell nearly 13 percent after the cutting its full-year targets in the wake of a “sudden and signi cant decline” in US sales. In the trading update note, the company stated, “In recent weeks Ingenico Group has been facing [...]

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IZETTLE ANNOUNCED IT has acquired intelligentpos, the UK’s leading cloud based point of sale solution for shops, bars and restaurants. The acquisition sees two disruptive companies joining forces resulting in a ‘one- stop-shop’ for commerce in store and on the go. Together iZettle and intelligentpos provide an integrated payment and point of sale solution that [...]

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THE ENTERPRISE POINT of sale is changing. It is becoming increasingly mobile and payment is being integrated together with other functionality. One of the new breed of mobile payment tablets is Albert, launched by AEVI in Australia last year. AEVI, a subsidiary of Wincor Nixdorf AG, jointly developed the tablet with the Commonwealth Bank of [...]

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WITH NO SCREEN, card reader or PIN-pad, the ATM of the future will look very different. Diebold’s mobile-driven ATM will also be up to 37 percent narrower on the customer’s side, and around one-third less deep overall compared to standard through-the-wall ATMs. Customers will schedule ATM withdrawals via a banking app on their own mobile [...]

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