Latest Industry News RSS

Some of New Zealand’s biggest banks and telcos have joined forces to launch Semble, a SIM-based NFC mobile payments service. Telcos Vodafone, 2degrees, Telecom teamed up with bank-owned payments network Paymark on the joint venture nearly three years ago, promising to enable New Zealanders to make secure payments, collect loyalty points and use public transport [...]

The post New Zealand mobile wallet JV appeared first on Payments Cards & Mobile.

The Post Office has announced it will accept American Express Cards in all of its 11,500 branches making it the largest UK retail network to do so. The introduction of American Express as a payment option in Post Office branches follows demand from personal and business customers who wanted to have more flexibility when making card [...]

The post Post Office to accept American Express appeared first on Payments Cards & Mobile.

The Payment Systems Regulator, which launched on Wednesday, will open up access of the infrastructure underpinning financial transactions, from mobile payments to house purchases. The largest lenders, such as Lloyds, Royal Bank of Scotland, Barclays and HSBC, own and control the main systems, such as Faster Payments, which are used to make money transfers. Hannah [...]

The post Payment Systems Regulator takes aim at Vocalink appeared first on Payments Cards & Mobile.

The recent release of the annual UK fraud figures describes an interesting picture of some successes and some areas for continued concern and renewed action. First, the headline successes. Fraud conducted in the face-to-face retail environment continues to show a healthy decline trend (down 14% on the previous year) with card ID theft (down 19%) [...]

The post Online fraud – an unrelenting, unforgiving battleground… appeared first on Payments Cards & Mobile.

Verifone says that it is launching a new cloud POS solution for small-and-medium-sized businesses (SMBs). The Android-based solution, Verifone Cloud POS, will be distributed through Verifone’s network of ISO and acquirer partners. “SMBs need more than a payment solution, but until recently it was difficult to provide enterprise level capability to a small business,” says Thad [...]

The post Verifone launches cloud POS solution appeared first on Payments Cards & Mobile.