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NCR launch cloud-based ATM software platform

NCR says it has introduced the biggest change to the way an ATM operates since the self-service banking channel was invented nearly 50 years ago, launching Kalpana software, an enterprise software platform that moves ATM software and operations to the cloud. Kalpana software runs ATMs remotely, initially through a thin-client ATM including an Android operating system, and is designed to eliminate malware,… Continue reading >>

Card Fraud Report 2015 – now available

Card Fraud is the driver of major industry initiatives such as EMV implementation to combat the use of lost, stolen and counterfeit cards, while 3D-Secure authentication protects against the fraudulent use of stolen card details online. But what is the scale of card fraud losses in selected European countries, Canada and the USA and how does it vary between markets? In… Continue reading >>

The global mobile money landscape

The mobile money sector is one of the most fluid in the whole of the mobile ecosystem, with more players entering and exiting, new tech and services being launched or trialled. Here’s MEF’s quarterly update on the key players in the landscape. Defined by our Global Working Group it categories the ecosystem into in-store payments, online payments, P2P payments, direct… Continue reading >>

Apple Pay performance problematic at POS

Just months after Apple Pay went live, the adoption rate came in at an impressive 11% of all credit card-owning households and 66% of iPhone 6 owners, according to new research from Phoenix Marketing International among 3,002 credit cardholders. Most adopters (82%) linked a credit card to Apple Pay but over half (53%) linked a debit card and 20% included… Continue reading >>

Square launches customer engagement tools

mPOS player Square is launching a new suite of customer engagement tools aimed at small businesses. The new tools will work in conjunction with the Square Register service in order to link online marketing efforts to sales. Square Marketing will enable businesses to drive foot traffic to stores and will allow them to select customisable email templates to create a… Continue reading >>

Verifone launches cloud POS solution

Verifone says that it is launching a new cloud POS solution for small-and-medium-sized businesses (SMBs). The Android-based solution, Verifone Cloud POS, will be distributed through Verifone’s network of ISO and acquirer partners. “SMBs need more than a payment solution, but until recently it was difficult to provide enterprise level capability to a small business,” says Thad Peterson, Senior Analyst, Aite Group…. Continue reading >>

Vodafone wallet to accept contactless card payments

Vodafone customers will soon be able to add bank cards to their Vodafone Wallet and use smartphones to pay for goods and services at contactless terminals. Following new agreements with Visa and Carta Worldwide, contactless card payments via Vodafone Wallet will be enabled in European markets from Q2 2015 onwards. This service, which requires a Vodafone NFC SIM, will be supported… Continue reading >>

Target settles data breach for $10 Million

Target is said to be preparing to settle a class-action suit over its 2013 data breach by paying $10 million to set up a fund for breach victims, who will each qualify to receive up to $10,000 in compensation. Criminals compromised as many as 40 million accounts that affected as many as 110 million people. Among the information stolen was… Continue reading >>

Multi-channeI is biggest payment challenge for UK retailers

Multi-channel retailing was named as the biggest payment challenge facing retailers by nearly half (47%) of respondents to Ingenico Group’s survey at this year’s RBTE. Ingenico has revealed the results of its survey carried out at this year’s Retail Business Technology Exhibition (RBTE), highlighting that the biggest payment challenge facing UK retailers over the next five years is the ability to… Continue reading >>

mPOS player Payleven arrives in Ireland

Payleven, a European mPOS specialist, has announced the launch of its 11th market in the Irish Republic. Irish business owners can accept card payments without fixed costs, contractual obligations or minimum sales through Payleven’s chip and PIN card reader. As a gift for all Irish business owners, Payleven offers an exclusive introductory price of €64 for the card reader. Konstantin… Continue reading >>