Products RSS

Thales claims that a survey it carried out in October of an unspecified number of security professionals proves that the beleaguered banking industry is maintaining its investment in payments as the credit crunch bites. As a relatively stable market with more predictable returns, payments look increasingly attractive as an income stream and, as such, future [...]

The post Banks view payment as reliable profit centre appeared first on Payments Cards & Mobile.

The PCI Security Standards Council (PCI SSC) has announced general availability of version 1.2 of the PCI DSS. This version is the culmination of two years of feedback and suggestions from its industry stakeholders and is designed to clarify and ease implementation of the standard for cardholder security. Version 1.2 is effective immediately. The standard [...]

The post PCI Security Standards Council release V1.2 appeared first on Payments Cards & Mobile.

In an update on the progress of its Money Transfer service, Visa says that while the Asia Pacific region is leading the deployment of new programmes, significant momentum has developed in Central Europe and the Middle East. Visa Money Transfer is a card-based service which enables a Visa cardholder to send funds to another Visa [...]

The post Visa Money Transfer service gains momentum appeared first on Payments Cards & Mobile.

Moscow-based BPC Banking Technologies has announced implementation projects for its SmartVista transaction processing and card management platform in Armenia, Uzbekistan and Kazakhstan. Armenian Card (ArCa), the leading Armenian processing company will deploy the solution to provide monitoring and management of its nationwide self-service network, including ATMs and currency exchange terminals. Established in 2000 by the [...]

The post New BPC deals appeared first on Payments Cards & Mobile.

Net 1 UEPS Technologies, the company behind the UEPS system for emerging market payment systems, is to acquire 80.1% of BGS Smartcard Systems for €71.5 million in cash. Sberbank, which owns 19.9% of BGS, will retain its shareholding. Johannesburg-based and Nasdaq-listed Net 1 reported revenues of $254 million for its year to June 30 and [...]

The post Net 1 acquires BGS appeared first on Payments Cards & Mobile.