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Syntec partners with Worldpay for phone payment processing

Global payment processor Worldpay and Syntec, a cloud call centre management service provider, have formed a global partnership which will enable businesses to accept telephone card payments securely without compromising end-user experience. The CardEasy ‘keypad payment by phone’ service reduces business operating costs by enabling phone card payment acceptance without the sensitive card information being visible to call centre agents,… Continue reading >>

MasterCard-branded national eID card launched in Nigeria

Nigeria’s national eID card scheme has been officially launched. In the pilot phase, the Nigerian Identity Management Commission (NIMC) will issue MasterCard-branded identity cards with electronic payments functionality to 13 million Nigerians. This initiative is the largest roll-out of a biometric-based verification card with an electronic payment solution in the country and the broadest financial inclusion programme in Africa. The… Continue reading >>

Ukash partners with Singapore’s YuuPay

Global online cash payment provider Ukash has partnered with YuuPay, the Singapore-based payment service provider. The agreement will enable around 400 merchants already using the YuuPay system in Asia, Australia and Europe to offer online transactions with Ukash. YuuPay offers payment processing of transactions for merchants across Asia Pacific, Japan, the US and Europe. Ukash enables consumers to use cash… Continue reading >>

CaixaBank to invest €500m in next-generation ATMs

Spain’s CaixaBank has signed an agreement with ATM manufacturer Fujitsu to manufacture 8,500 new terminals featuring cutting-edge technology and to innovate jointly on a global scale. The new ATMs are fitted with contactless readers capable of scanning cards, mobile phones and wearables, and all offer banknote recognition technology, among other improvements. CaixaBank boasts Spain’s largest ATM network and the third-largest… Continue reading >>

BPC SmartVista selected for Ethiopian national payment system

BPC Banking Technologies, a global provider of open system payment solutions, has been selected by Ethiopia’s EthSwitch to power its national switching operations in Ethiopia. BPC’s SmartVista solution was selected because of its functionality, technology and track record in helping payment businesses worldwide capitalise on opportunities presented by the changing payments landscape. EthSwitch was formed by all the banks in… Continue reading >>

IBM and Monitise form global alliance

IBM and global mobile banking solution provider Monitise have announced a global digital commerce and resourcing alliance. Aimed at leveraging both companies’ mobile banking, payments and commerce technology, this alliance brings IBM sales and specialist resources to clients around the world with the full spectrum of advice, solution design and delivery of Monitise’s Mobile Money services. Building on Monitise’s IBM… Continue reading >>

TIS Americas, Allied Payment Network team on mobile bill payments

Top Image Systems, a provider of enterprise content management and business process management solutions, and a mobile imaging platform provider, has forged a long-term transaction-based deal with Allied Payment Network to implement MobiPAY, TIS’ self-service mobile bill payment application, within PicturePay, Allied’s mobile photo bill pay solution. Allied provides online and mobile bill payment services to financial institutions including banks… Continue reading >>

Oberthur Technologies acquires NagraID

Digital security specialist Oberthur Technologies has signed an agreement to acquire display card manufacturer NagraID Security. Oberthur will acquire a 100% equity stake of NagraID Security from the Kudelski Group and the company’s management. NagraID Security develops and markets powered display cards to secure access to the cloud, primarily for companies operating in the field of financial payments, authentication and… Continue reading >>

Square to extend cash advance service

mPOS player Square is extending its small business cash advance financing programme after securing investment from Victory Park Capital. The Square Capital programme is aimed at small businesses using its Square Register technology, meaning they do not have to go through an application process. Instead, Square analyses the processing volume and history data it holds on its users to determine… Continue reading >>

Heartland acquires mPOS firm Leaf

Payment processor Heartland Payment Systems has acquired Leaf, a US-based mPOS start-up. Financial terms of the deal were not disclosed. Heartland initially paid $20 million for a majority stake in Leaf in September 2013 but has now bought the remaining minority interest. The acquisition shows how the fast-moving mPOS market is heating up, following the news earlier this week that… Continue reading >>