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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 >>

Square overhauls Cash app for text-based P2P payments

mPOS player Square has overhauled its Cash P2P payments app to enable users to send and receive funds via text. The latest version of Square Cash gives users the ability to send or request money from everyone in their address book using just their phone number, even if the recipient doesn’t have the app. Customers were already able to send… Continue reading >>

Westpac to integrate Moven in internet banking

New Zealand’s Westpac Bank will integrate its online banking platform with start-up Moven’s mobile money management tool to enable customers manage their money through their smartphones, tablets or desktop. Moven, which is positioning itself as a branchless bank, provides downloadable bank accounts for customers. Westpac customers will be able to track their spending through real-time mobile receipts that will be… Continue reading >>

Twitter and Stripe work on ‘in-tweet’ e-commerce purchases

Micro-blogging site Twitter is reportedly linking up with payments start-up Stripe to launch an ‘in-tweet’ e-commerce purchase feature, enabling users to enter payment information without leaving the site. Twitter is reportedly planning to add buttons within tweets that say ‘buy’, or similar, while businesses that want to sell inside tweets will have to sign up with Stripe to access the… Continue reading >>

mPOS player Square launches merchant analytics tool

mPOS specialist Square has launched Square Analytics, a merchant analytics tool, as part of its Register service. Square Analytics derives actionable data from merchants in order to increase sales. Square Analytics integrates the full suite of Square Register products including Pickup, Invoices, and Appointments. Building on the sales data to which Square sellers already have access, the new mobile-optimised Square… 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 >>

Barclaycard bpay contactless wristbands offer data mining

Barclaycard, which recently laumched ‘bPay’ contactless wristbands, is offering businesses customer behavioural data mined from the wearable devices. Barclaycard will begin a full roll-out of bPay bands next year, allowing users who link their credit and debit cards to make low-value payments at over 300,000 locations in the UK. Barclaycard has joined forces with customer relationship management (CRM) specialists Green… Continue reading >>

SPECTRA Technologies achieves PCI PTS 4.0 for CREON terminal

SPECTRA Technologies has achieved the approval of the highest level of security requirement, PCI PIN Transaction Security (PTS) 4.0., in its payment terminal CREON. SPECTRA has become the world’s second vendor (first in Asia) to receive the latest PCI PTS 4.0 certification. The PCI PTS 4.0 certification applies globally and focuses on increasing the robustness of devices by requiring compliance to the… Continue reading >>