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Lusis Payments TANGO achieves 2,500 transactions per second

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Lusis Payments, a Global payments software and services provider, is proud to announce the results of a recent proof of concept that demonstrated that its TANGO platform is capable of processing 2,500 transactions per second for 48 hours straight hours without failure. “This is a major win for TANGO,” said Phillipe Preval, CEO of Lusis Payments. “The client was looking… Continue reading >>

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Apple launches iTunes mobile payments in Japan

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In a small step towards Apple’s payments ambitions, and one giant leap for the Apple rumour mill, the high-tech firm has launched an iTunes-backed payments system — in Japan. The company has launched a mobile payment system based on the iOS 7′s Passbook app.  Japanese users can now use it to pay for apps through its iTunes-based App Store and for products… Continue reading >>

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NXP global leader in secure ICs in payment cards

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NXP Semiconductors announced that it has extended its leadership in the market for secure ICs in payment cards with 48% market share in million units for 2013, growing from 32% in 2012. In its recent report, ‘Payment and Banking Cards Report – 2014,’ industry analyst IHS reported that NXP notched a significant increase in total sales. The figures represent the… Continue reading >>

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Banca Popolare di Bari partners with NCR for Branch of the Future vision

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NCR Corporation and Banca Popolare di Bari, one of Italy’s largest banks, announced that NCR has been selected as the partner of choice to help the bank design and implement its vision for an innovative Branch of the Future. This includes the first European deployment of NCR Interactive Banker, software-based technology that unlocks a modern branch experience by eliminating queues, teller… Continue reading >>

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In 1 Year, 15 million cards instantly issued on Datacard solutions

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Datacard Group has announced that, in the US alone, financial institutions have instantly issued over 15 million cards this past year with Datacard instant issuance solutions. “We’ve seen that the US has really been at the forefront for adopting instant issuance, and the global markets are quickly following suit,” says Phil Kasper, regional vice president, Americas, for Datacard Group. “But there… Continue reading >>

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Dictao integrates Apple Touch ID fingerprint recognition technology

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Dictao, a publisher of software solutions for digital trust and security, says that its product Dictao Cloudcard, for mobile-based strong authentication and digital signature, supports the Apple Touch ID fingerprint recognition technology. To boost the development of new mobile services (mobile banking, mobile payments etc.), Dictao provides solutions to secure identities and transactions in a mobile context. Dictao Cloudcard, a… Continue reading >>

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Payments App Store approach to revolutionise product development for banks

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Ixaris – the payments innovator that pioneered virtual prepaid cards and rapid deployment of payments solutions for corporates – has announces a ground-breaking approach for banks to bring new payments programmes to market via a Payments App Store. For the first time, banks and other financial institutions will be able to select and customise payments solutions in an ‘app store’… Continue reading >>

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Yaap launches “Yaap Shopping”

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Yaap, the joint-venture between CaixaBank, Banco Santander and Telefónica, has signaled the beginning of its business operations with the launch of its first service, Yaap Shopping, in the cities of Valladolid and Palma de Mallorca. Yaap shopping (www.yaapshopping.com) is a loyalty network that allows thousands of businesses to interact with hundreds of thousands of customers through offering discounts and promotions… Continue reading >>

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mPOS player Square launches invoicing platform

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mPOS pioneer Square has unveiled an invoicing platform known as Square Invoices. Invoices are free to use for an unlimited number of invoices without a monthly fee, and for customers who pay by cash or cheque. However, a fee of 2.75% is charged for credit and debit card payments. The solution requires users to enter invoice details and a customer… Continue reading >>

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IBM patents anti-fraud app

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Tech giant IBM has patented a fraud prevention technique which analyses how users interact with websites to spot anomalous behaviour. According to IBM, its patented software will help businesses to analyse and identify sudden changes in online behaviour, triggering a secondary authentication measure, such as a security question. The anti-fraud app aims to tap into how individuals access a banking… Continue reading >>

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