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Verifone selects Thales to protect card holder data

Thales says that Verifone now uses Thales nShield hardware security modules (HSMs) for its end-to-end payment encryption solution – VeriShield Total Protect – to provide robust, high speed, scalable crypto to protect card holder data, whether transmitted from a card or mobile device, right from the moment of capture. The protection of payment card data by encrypting from Verifone’s secure payment… Continue reading >>

PayPal free to work with eBay rivals

New filings reveal that eBay and PayPal will soon be free to do business with their most entrenched enemies. Under an agreement detailed in a regulatory filing from eBay, the companies will be free to do business with other marketplaces and payment providers. In other words, PayPal could one day come to Amazon. “As independent companies, we expect eBay and PayPal will… Continue reading >>

BBVA Compass teams up with Dwolla for real-time payments

BBVA Compass customers is teaming up with the Dwolla digital currency platform to enable consumers to make real-time payments. BBVA Compass is bypassing the traditional routes and using Dwolla’s FiSync protocol, which enables the confirmation of good funds, secure authentication and real-time availability of money to and from the Dwolla network. Transactions over $10 will incur a flat fee of… Continue reading >>

Intel and Ingenico team up for Internet of Things

Ingenico Group and Intel Corporation have announced a collaboration to combine Intel technology and Ingenico Group secure payment acceptance for the Internet of Things. The companies will jointly develop a mobile tablet that supports EMV1 and NFC payment functionalities, a standard required by banks to help prevent credit card fraud. Under the collaboration, Intel Data Protection Technology for Transactions will… Continue reading >>

Post Office to accept American Express

The Post Office has announced it will accept American Express Cards in all of its 11,500 branches making it the largest UK retail network to do so. The introduction of American Express as a payment option in Post Office branches follows demand from personal and business customers who wanted to have more flexibility when making card payments. Initially, American Express Card… Continue reading >>

Global Payments acquires Realex payments

Realex Payments, one of Europe’s largest and fastest growing payment gateways, has been acquired by Global Payments, a leading worldwide provider of payment technology services. “We are thrilled to be joining the Global Payments team.  It’s great news for our customers, for our employees, and for Ireland,” comments Realex Payments founder and CEO, Colm Lyon. “For Realex Payments’ existing 12,500 merchants,… Continue reading >>

Optimal Payments to acquire Skrill

Optimal Payments a global provider of online and mobile payment processing services, has entered into an agreement to acquire Skrill Group from CVC Funds and other shareholders, for an enterprise value of approximately €1.1 billion ($1.2 billion). The Skrill Group is one of Europe’s leading digital payments businesses providing digital wallet solutions and online payment processing capabilities and is one… Continue reading >>

Alipay and PPRO collaborate on alternative payments for AliExpress in Europe

The PPRO Group, will collaborate in Europe with Alipay to offer new payment options for online shoppers of AliExpress, a global online marketplace for consumers to buy directly from Chinese businesses. Alipay provides secure, trustworthy and convenient online and mobile payment services. Through the collaboration with The PPRO Group, shoppers are offered familiar alternative payment methods at the checkout pages…. Continue reading >>

PayPal acquires mobile payments firm Paydiant

PayPal has agreed to buy Paydiant. In an announcement on the PayPal website, Dan Schulman, PayPal President and CEO, said: “Today, I am excited to announce that we agreed to acquire Paydiant, another great company that is focused on reinventing mobile payments. While Paydiant may not be a name you recognize, if you like to pay with mobile apps, you are… Continue reading >>

Proxama and Aconite team on mobile proximity commerce

Proxama has unveiled details of its new end-to-end mobile proximity marketing and payments proposition following the acquisition of Aconite Technology last year. Proxama’s new Digital Payments Division will be led by the team from Aconite as the combination of the two companies brings a true end-to-end model to the payments market for the first time. It will enable card issuers and… Continue reading >>