National Bank of Tajikistan launches national processing centre
Compass Plus has announced that the Tajikistan national processing centre is live. The National Bank of Tajikistan selected Compass Plus in July 2011 to consolidate the existing infrastructure of bank card acceptance in Tajikistan on a single national platform, enabling secure card operations in the country and delivering access to the advanced payment technologies, including Internet and mobile banking. For a project of this size and complexity, implementation in just six months from contract signature has once again proven the agility of the Compass Plus implementation team and the flexibility of the TranzWare product suite.
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VocaLink and Clear2Pay team up to facilitate the move to global Immediate Payments
VocaLink, the international payments provider, and Clear2Pay, the international technology provider of next generation payment solutions, are teaming up to bring the industry one step closer to achieving global Immediate Payments. The partnership enables banks to provide their customers with an end-to-end, inter-bank, real-time payments service, with the inclusion of multi-channel service options such as mobile.
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Ingenico renews partnership with Nets
Ingenico has announced a new four year agreement with Nets, a leading supplier of merchant solutions in the Nordic region, for the supply of Ingenico’s latest range of NFC enabled payment terminals into Norway, Sweden, Denmark, Finland and Iceland.
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Atos and Clear2Pay to demonstrate first proof of concept of OSCar at Cartes 2011
Clear2Pay and Atos Worldline, which brings together Atos core expertise in hi-tech transactional services, today announce the showcasing of the first Proof of Concept of the OSCar pilot during the international Cartes & IDentification Conference, (Paris 15-17 November). The live OSCar field trial will take off in 2012.
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BPC Banking Technologies tapped by consolidated bank of kenya for new payments processing center
BPC Banking Technologies says that the multifunctional end-to-end SmartVista solution will be implemented in Consolidated Bank of Kenya. The deal was signed with the help of BPC partner Tracom Services Ltd., Kenya.
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Clear2Pay’s Open Card System (OCS) benchmark achieves record card processing volumes
Clear2Pay announces today benchmarking results for its Open Card System (OCS) application. In a joint programme, undertaken in co-operation with Intel, OCS recorded throughput of 11,109 business transactions per second with an average response time of 63ms.
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YourCash and Equens launch ATM services in Belgium
YourCash and European payment processor Equens have launched a new ATM service for supermarkets in Belgium. After a successful rollout in the UK and the Netherlands, YourCash has now introduced its 'merchant fill proposition' in Belgium, having secured a number of key pilot sites with supermarket chains and franchises of AD Delhaize, Alvo and Intermarché.
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hyperWALLET launches low-cost online merchant payment Service
hyperWALLET has announced the availability of its new low-cost online merchant payment processing service for organizations and their customers. hyperWALLET’s “Direct Pay” merchant payment option provides a secure, cost-effective complement to card payments by enabling customers to pay for products using funds from their bank account, an online e-wallet, or combination of both.
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BPC Banking Technologies implements new processing platform for national reserve bank
BPC Banking Technologies has announced that it had been selected by National Reserve Bank to provide an end-to-end in-house EFT payment processing solution. It took only five months to develop and implement new platform in the Bank’s processing centers, manage the migration from the legacy system, pass all certifications with Visa and complete the training of the Bank’s operational staff.
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Unified Software launch pay-per-use electronic payment software
An innovative pay-per-use software package is helping businesses of all sizes to process Direct Debit and Bacs payments in an easy and affordable way. Unified Software’s new payment gateway product, BankPay-IP, combines the security, convenience and speed of conventional software with a pay-per-use model for the first time.
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VocaLink ditches Sepa services
UK payments processor VocaLink is abandoning its single euro payments area (Sepa) services, blaming "comparatively low" volumes for the project's instruments.
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BPC success in Greece
BPC Banking Technologies has announced that Interbanking Systems (DIAS) S.A., Greece has gone live on SmartSwitch, the switching and routing solution within the SmartVista suite. The migration project took only six months. The deal was inked with the help of BPC partner B&R Outsourcing Services S.A, Greece.
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BPC Banking goes live with AKIBANK
BPC Banking Technologies reports that AKIBANK is now live on its SmartVista solution running an end-to-end in house processing center.
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SIA Group relaunches central Europe subsidiary
The SIA Group aims to strengthen further its international presence, especially in central Europe, through the re-launch of its subsidiary GBC (which from today will be known as SIA Central Europe), leader in Hungary in the management of ATM and POS terminals and in processing of payment transactions.
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GFG Group and Banco de Oro provide China UnionPay
Payment software and services company GFG Group has announced the recent successful implementation of China UnionPay (CUP) issuing and acquiring by Banco de Oro Unibank Inc. (BDO) in the Philippines, utilising GFG’s Cadencie card management solution.
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Ecobank Omni goes live with Fundtech’s Global CASHplus system
Fundtech says that Ecobank, the leading Pan-African bank with over $11 billion in assets, has launched Fundtech’s Global CASHplus cash management system across its network of affiliates covering 30 countries throughout Africa.
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Swift launches corporate Iban conversion kit
Financial information network Swift has shipped a directory and software tool designed to help corporates validate and set-up Iban account codes for customer and supplier payments in time for the Sepa deadline.
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UK credit card use falls as retailers call on banks to slash processing charges
There was a sharp fall in UK spending on credit cards last year as cautious customers turned to debit cards and cash, according to figures from the British Retail Consortium (BRC).
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UK banks float £2 billion account switching plan
Britain's banks are on the verge of agreeing a £2 billion plan to make it easier for customers to switch current accounts between providers, according to the Sunday Telegraph.
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EBA Clearing makes online shopping play with pan-European e-payments initiative
EBA Clearing has outlined plans to launch a pan-European electronic payments service for online shopping, enabling buyers and sellers to complete transactions through their e-banking portals.
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Payment Card Yearbooks - European Payment Cards Yearbook 2011-12, containing 33 individual country profiles and Russia, Georgia and CIS Payment Cards Yearbook 2011-12, containing 10 individual country profiles.
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