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Regulation -

The sheer scale of the challenge banks face in the coming years became clear at the inaugural Ovum Banking Technology Forum held on 5th December. Banks are to be forced into transparency with new super-invasive regulations that will change and develop for the foreseeable future, according to PJ Di Giammarino, CEO of independent regulatory analysts JWG, [...]

The post Banks to face ‘regulatory onslaught’ over next five years appeared first on Payments Cards & Mobile.

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Contactless -

MasterCard Europe today announced the 2012 milestones for MasterCard PayPass, showing that consumers are embracing the Tap&Go payment experience in 26 countries across Europe (8 new countries in 2012). PayPass is an innovative contactless payment feature that provides consumers and merchants with a fast and convenient alternative to cash for everyday purchases. PayPass can be [...]

The post Contactless Payments in Europe expand with MasterCard appeared first on Payments Cards & Mobile.

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Processing & Systems -

First Data Corporation, a global leader in electronic commerce and payment processing, today announced that it has signed an agreement with SK bank, a leading cooperative bank in Poland.  Under terms of the agreement, First Data in Poland will provide a full range of outsourced issuing and payment processing services for SK bank’s debit, credit [...]

The post SK bank Signs with First Data for Issuing and Payment Processing appeared first on Payments Cards & Mobile.

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Contracts -

Morpho (Safran), a leading supplier of identification, detection and e-document solutions, confirmed that it has finalized the acquisition of CPS Technologies SAS and ABnote Czech sro from American Banknote Corporation, initially announced on November 7, 2012. CPS Technologies SAS is a leader in bank card personalization in France and employs 125 people; ABnote Czech sro, [...]

The post Morpho completes the acquisition of American Banknote’ European card manufacturing operations appeared first on Payments Cards & Mobile.

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Fraud & Security -

ReD has announced that it is teaming up with PAY.ON AG, a global processor and payments platform operator, to offer card-not-present payment fraud prevention services to PAY.ON’s global network of payment service providers (PSPs).  PAY.ON’s customer base can now benefit from the integration of ReD Shield®, ReD’s real-time fraud prevention service, into PAY.ON´s white label [...]

The post PAY.ON partners with ReD to offer integrated payment and fraud prevention appeared first on Payments Cards & Mobile.

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