PayPal Here is the payment provider's Chip & PIN mobile payment device

PayPal launches Chip & PIN mobile payment device

Payment provider PayPal has launched a card reader device that handles Chip & PIN and PayPal payments in Europe. The device will be available to select UK businesses over the coming months before becoming generally available this summer.

iZettle_S3_CoP_int_large.jpg

iZettle and Santander “democratise” cheap card payments

Spanish bank Banco Santander has signed a deal with iZettle, a fledgling Swedish payments specialist that focuses on ‘social’ payments. The two companies plan to distribute mini chip-card readers to customers, so that they can accept card payments with smartphones and tablets.

Terry-Greer-King-Check-Point-1-126x180.jpg

Inside Eurograbber: the £30m mobile banking heist

In the history of bank robberies, the £30 million stolen by the Eurograbber attack in 2012 ranks as one of the all-time biggest, globally. And when you consider that this sum was stolen from more than 30,000 accounts across 30 banks in four European countries, using malware that affected both PCs and bank customers’ mobile phones, it must also rank as one of the most sophisticated thefts ever discovered, writes Terry Greer-King, UK managing director of Check Point*.

VocaLink CTO Paul Stoddart

People prefer banks for mobile payments, says VocaLink

Banks may have a poor reputation with the public, but the majority of people in the UK would be more likely to adopt mobile payment services if they are provided by a bank, according to payment services provider VocaLink.

Cybercrime1-270x149.jpg

Mobile malware headache looms for security managers

A 400 per cent increase in malware for mobile devices masks a security scene where many of the threats are much as they have been for several years – but where the volume of attacks means that firms should think in terms of when their defences will be penetrated, rather than if they will be.

Bharti Airtel has sold a five per cent stake in its business to Qatar Foundation Endowment

India’s ICICI teams with mobile operator for Visa service

Indian bank ICICI and local mobile operator Aircel have launched a mobile financial services offering using Visa’s hosted platform solution. The platform is intended to make it easier and more cost-efficient for mobile operators and financial institutions to offer mobile financial services to consumers.

Axiata has announced it will acquire a 95 per cent stake in Axis

BlackBerry Messenger payment service debuts in Indonesia

A bank in Indonesia has developed the first mobile payments service for Canadian handset maker BlackBerry’s Messenger service (BBM). PermataBank has teamed up with British mobile banking solutions provider Monitise to roll out a commercial pilot of BBM Money in the country ahead of a full launch.

Portugal Telecom will use mPowa's bluetooth PoS terminal for smartphones and tablets

Portugal Telecom signs with mobile payment provider

Operator group Portugal Telecom has taken a step towards facilitating mobile payments after signing a partnership with m-commerce solutions provider Powa. The partnership aims to bring mobile payment services to small businesses and the SOHO segment in Portugal, Brazil and markets in Africa.

Vodafone has joined EE and O2 in adding its opt-in database to Weve's mobile marketing platform

Vodafone adds subscribers to Weve

UK operator Vodafone has added its opted-in subscribers to advertising and commerce joint venture Weve, joining rivals EE and O2. With the addition of one million Vodafone subscriber details, Weve now has a database of more than 15 million UK subscribers.

Mobile money services are popular in Africa

Opera Mobile gets carrier billing hook

Internet browser developer Opera Software has teamed up with mobile commerce firm Neomobile to bring m-payment services to users of Opera Mobile.

oracle-event-270x138.jpg

Riding the payments roller-coaster

UK banks are still in “a difficult place” as they face economic uncertainty, increased cost and competitive pressures, complex regulations and rapid technological changes – but the changes that are happening in the payments industry offer scope for them to reclaim the initiative and deploy innovative solutions.

Mobile money services are popular in Africa

UK banks payment service threatens mobile wallets

Mobile operators preparing mobile wallet offerings will face potentially stiff competition from financial institutions, after UK quango the Payments Council announced plans to launch an industry-wide mobile payment service.

Clayton-Locke-260x180.jpg

The irresistible rise of digital banking

The banking industry, integral to our commercial and personal lives, has always evolved with the times to embrace new challenges and consumer attitudes. Technology plays an obvious and increasingly important role in this evolution, writes Clayton Locke, chief technology officer at Intelligent Environments.

Nitin-Bhas.jpg

Mobile banking to hit 1 billion users by 2017

As uptake of mobile banking services is predicted to reach one billion by 2017, banks are starting to view the mobile channel as an indispensable revenue stream, according to Nitin Bhas, senior analyst at telecoms research firm Juniper Research.

Mobile point-of-sale payments set to rise

Tough year ahead for NFC as retail payments diversify

NFC technology advocates face continued disappointment in 2013 as it is likely to be overshadowed by other developments in retail payments, according to a report by financial research firm Celent.

diebold-atm-270x166.jpg

Diebold debuts cardless ATM at CES

ATM maker Diebold has developed an ATM that lets customers withdraw cash without using a card – and saves the bank money in the process.

Race to build ‘customer-centred’ banking is on

Banks must learn to use information services to provide value to their customers if they are to avoid falling victim to competition, according to a report by consultancy Ctrl-Shift.

Orange and China Mobile have signed an MoU to promote the take-up of NFC services

Orange and China Mobile team up on NFC

Intent on making the prevalence of near-field communications (NFC) a reality, Orange and China Mobile have signed a memorandum of understanding (MoU). The two operators are aiming to accelerate the commercialisation of mobile contactless services and said they will adopt internationally recognised standards for embedding the secure technical protocols directly into the SIM-card.

Polls

What do you most associate with the Internet of Things?

Loading ... Loading ...