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Some financial industry professionals cite flaws in the EMV payment standard that could complicate its US adoption. A US EMV rollout would ideally take about four years, but some experts are not so optimistic, and they worry that the technology’s security will be compromised by the time the deployment finally occurs.   Meanwhile, University of [...]

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The European Payments Council (EPC), representing the European banking industry in relation to payments, has today spoken out on the legislative process aimed at establishing mandatory deadlines for migration to the Single Euro Payments Area (SEPA). The EPC has called on European Union (EU) lawmakers to align the imminent ‘Regulation Establishing Technical Requirements for Credit [...]

The post The European Payments Council Calls on European Lawmakers to Align Forthcoming SEPA Regulation with Bank Customer Requirements appeared first on Payments Cards & Mobile.

The Payments Council has appointed Experian to create and maintain an industry database of corporate customers’ payment information.  The central biller database, which will improve the accuracy of payments made using online and telephone banking, is scheduled to go live in late 2012.   Experian will collect, verify and standardise information from banks on how [...]

The post Payments Council appoints Experian to create and manage new reference database appeared first on Payments Cards & Mobile.

Better ATM Services has announced a joint agreement with Triton to deliver a major new revenue stream for ATM networks.  Triton, a US-based major provider of off-premise ATMs and ATM management software globally, will enable its ATMs with Better ATM Services’ patented technology which easily integrates with existing and new Triton ATM models allowing the secure and [...]

The post Triton adopts new prepaid card dispensing technology appeared first on Payments Cards & Mobile.

BPC Banking Technologies reports that it has been awarded a contract with TELERED, Panama’s largest processing company. Following a competitive bid process overseen by Ernst & Young, SmartVista will replace TELERED’s legacy processing platform enabling the Company to transform its payment business and introduce new services for its clients.   As Panama’s national processor and [...]

The post BPC Banking Technologies inks deal with TELERED appeared first on Payments Cards & Mobile.