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Pingit signs Toyota for mobile payments
The financial services arm of car manufacturer, Toyota, is offering customers the option to make additional payments on their car plans by using Pingit mobile payments. Toyota Financial Services provides a range of finance options for new Vehicles as well as all Toyota approved used vehicles. They are the first UK car manufacturer to sign [...]
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SEPA migration gathers pace
New statistics released today by the European Central Bank (ECB) show that SEPA migration to the Single Euro Payments Area (SEPA) gathered pace strongly in December. According to the latest figures provided by national central banks, 74% of credit transfers in the euro area were already SEPA-compliant at the end of December (from 64% in November). [...]
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Apple to launch mobile payment platform in 2014
After several years of initiatives such as its Passbook wallet, this year will finally see Apple grasp the mettle and launch a fully-fledged mobile payments service, according to a forecast made by UK research firm Ovum. Unsurprisingly, Ovum concludes such an initiative will have a positive impact on consumer take-up of mobile payments, although the [...]
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Microsoft pushes into mobile POS
Microsoft’s push into mobile payments is moving forward thanks to new partnerships in its Deigned for Surface effort unveiled at the National Retail Federation’s annual conference. AnywhereCommerce has joined the Designed for Surface third-party development program, and Microsoft Surface director Cyril Belikoff says the alliance will enable merchants to leverage “a suite of secure and [...]
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Russian accused of BlackPOS malware used to hack Target
Security firm IntelCrawler has released information implicating a Russian teen sold the BlackPOS malware responsible for breaching security at the retailers Target and Neiman Marcus and affecting as many as 110 million Target customers alone. A 17-year-old Russian national from St. Petersburg was responsible for the malicious programing that allowed for data from Target and Neiman Marcus [...]
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