Payments pace of change increasing exponentially – PayX Industry News Issue 36

Payments pace of change increasing exponentially – PayX Industry News Issue 36

Our regular round up of the latest news in the Payments Industry. If you would like to receive our newsletter straight to your inbox, you can subscribe here

 
 

Top Stories

Rotten core: Bank IT costs set for material increase

Eighty-three Percent of Financial Industry Professionals Predict Real-time Payments Will Be Universally Available Within Five Years

Fiserv Debuts Customer Predictive Modeling Solution for More Reliable Business Growth and Results
 
 

Payments News

Global Non-Cash Payments Expected to Top 333 Billion says World Payments Report 2013

MasterCard, Visa and American Express Propose New Global Standard to Make Online and Mobile Shopping Simpler and Safer

European contactless spend grows six fold in 12 months

FNB to Automate and Expand its Retail Banking Network with Technology from NCR

Mashreq Bank partners with MasterCard and Swiff to revolutionize payment acceptance with ‘Payport’

EMV Migration Forum Releases White Paper on Testing and Certification Requirements for Acquirer Community in U.S. Move to EMV Chip Payments

BMO Mobile Banking Survey: 70 per cent of Canadian Smartphone Owners Using Financial Apps

French banks join forces to launch e-payment service

Saudi Arabia Steadily Moves Towards Cashless Society: MasterCard Study

BNZ utilises software to uncover New Zealanders’ financial feelings

CIMB Bank leads technology innovation in Malyasia with the launch of two online banking firsts – Kwik Account and Kwik Money Transfer
 
 

Digital Payments News

Monitise teams with IBM to help Visa Europe accelerate new mobile commerce services in the cloud

PayPal Beacon: Finally an Easier Way to Pay in Stores Than Swiping a Credit Card

Now, A Google Wallet app for iPhones

MasterCard Shows Consumers 10 Ways to Pay in the Digital Age

Snap-to-Pay from Fiserv Makes Mobile Bill Payment a Snap

U.S. Bank to launch mobile commerce for major retailers

Paydiant and Future POS Launch Integrated Mobile Wallet Solution

VeriFone and National Payment Card Association Debut Mobile Payment and Rewards Solution

WorldPay and PayWizard team up to integrate payments for digital media services

Jumio Announces PORT: Device-Based Digital Wallet Infrastructure

Square Cash Makes Sending Money as Easy as Sending an Email

Yandex.Money Offers Universal Payment Solution for Online Businesses and Organisations

Financial Conduct Authority publishes preliminary findings of review into mobile banking
 
 

Company Announcements

SmartVista achieves record breaking performance on HP NonStop using SQL

BPC Banking Technologies Wins Best Payment Technology Provider Eastern Europe Award From World Finance

Tieto secures PASHA Bank with fraud management solution

Tieto and MeaWallet provide a Mobile Wallet solution for financial institutions

Tieto and PetroCard implement 3-D Secure issuing solution for Visa cards

ACI Worldwide Addresses Global Payments Change and Disruption in Asia Pacific

ACI Worldwide Strengthens Position in Electronic Bill Payments with Acquisition of Official Payments

China Banking Corporation Philippines selects Authentic from Alaric to Replace its ATM Debit Switch

PT. Collega and ElectraCard Services Enter into 10 Year Multi-Million Dollar Payment Technology Modernization Agreement

ElectraCard Services to Drive Sathapana Limited’s (Cambodia) Electronic Banking Services

Laos Largest Bank Agriculture Promotion Bank Goes Live on ElectraCard Services’ electraSWITCH

FIS Introduces New Analytics Suite to Deliver Segmentation-Driven Digital Marketing, Merchant Offers and Price Optimization Solutions

FIS Brings New eftpos Payments Hub to Australia, Cuts Cost to Innovate

FIS Launches First Cloud-based, Real-time Core Banking Utility for Mid-tier Central and Eastern European Banks

WAY4 Solution used for Organisation of Settlements between Universal Electronic Card Member Banks

Temenos announces launch of ground breaking payments hub

U.S. Bank Enhances Mobile Experience with Western Union in First-of-Its Kind Offering

Monitise Expands Cloud-Based Payments And Commerce Network

Oberthur Technologies’ contactless payment solution selected by Movistar Chile and Banco Santander Chile

Ingenico and Tagattitude partner in Mobile Money to boost financial inclusion in Africa

Temenos signs first US customers for T24 core processing deployed as Software-as-a-Service

MasterCard Enters into Agreement to Acquire Provus – The Leading Independent Turkish Payment Solutions Provider

Vodafone SmartPass brings NFC tap and pay closer to New Zealand

FIDANO Enables ISOs, MSPs, Credit Unions and Community Banks to Catch the Next Wave of Mobile Payments With the Launch of Flint+

Point-of-Sale Leaders Integrate Isis SmartTap™ Capabilities into Product Offerings

Banco Santander Partnership Takes iZettle to Brazil

VeriFone Delivers POS Software Platform for Tablets to ISOs and Acquirers

Vodafone and Orange to launch NFC payments in Spain

Payleven enters Belgian market

Australia – Mint Wireless Launches a Simplified Mobile Payments Platform

ANZ launches corporate mobile banking for AndroidTM users

AnywhereCommerce Signs Agreement with Spindle to Provide Secure and Reliable Mobile Point-of-Sale Technology

Dutch banks to test NFC mobile payments

TSYS Signs Long-Term Acquiring Agreement With Anovia Payments

Best ATM technology: CINEO systems receive award from “The Banker”

Wincor Nixdorf equips 1,100 DIA stores in Spain with POS systems in ten days and adopts the service

Zapp and WorldPay to fight fraud and check out abandonment by launching secure mobile payments in 2014

Ingenico and Nets introduce a more secure unattended parking solution

Diners Club International and Worldline sign merchant acquiring agreement

MasterCard reaffirms commitment to introduce next generation payment solutions for consumers

Barclays makes mobile payment and purchasing easy with ‘mobile checkout’ and ‘buy it’

SIX acquiring Austrian card provider PayLife

payleven and Poste Italiane to engage in significant partnership

Oberthur Technologies selected by Nets to deploy a mobile contactless solution to banks and other service providers in Nordic countries

Spire Payments Announces its “SP” Line of PoS Terminals

UniCredit Selects First Data to Introduce Mobile Payment Capabilities

Wincor Nixdorf POS systems: Sales partner Arcant GmbH takes over responsibility for distribution to resellers in Austria

PayPal to acquire Braintree

PayPal Introduces the World to Payment Code at Money2020

Arroweye Solutions Launches EMV On-Demand™

Diebold Launches ATM Contactless Card Reader Globally

Vodafone NFC m-payments service to make global debut in Spain

MasterCard and Blue Label Telecoms Extend Electronic Payments to Small Businesses

MasterCard, C-SAM and DNP to Introduce White-label NFC Mobile Wallet Services in Japan

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