With online shopping continuing to grow in Canada , CIBC (CM.TO) (CM) today announced it has already supported the enrolment of tens of thousands of CIBC credit card holders in Visa Checkout since the bank introduced direct client access to the online payment service through its website last fall, the first Canadian bank to do so.
Visa Europe has signed a six-figure product placement deal with British television network ITV that will see contactless payments get high profile outings on prime-time soaps Coronation Street and Emmerdale.
Visa Inc. (NYSE:V) today announced financial results for the Company's fiscal first quarter 2015. Net income for the quarter was $1.6 billion, an increase of 11% over the prior year, or $2.53 per share, an increase of 15% over the prior year.
Visa Europe is to invest more than EUR200 million in new payment technologies to accelerate the growth of digital payments after reporting record transaction volumes for 2014.
mPOS provider Swish is proud to announce that it is now a full member of MasterCard. This has been achieved through sister company Swish Payments Ltd which is a fully regulated financial institution licensed by the Financial Services Authority of Malta (MFSA).
MasterCard has signed a deal to transfer domestic Russian transaction processing to the country's new national payments system.
The global technical body, EMVCo, will increase its scope to lead the payments industry in advancing the next generation of 3D Secure (3DS), the online authentication protocol, to support new and emerging technologies in the remote payment environment.
Nine Polish banks have confirmed plans to commercially launch mobile contactless payments using Visa's Host Card Emulation technology from early next year.
Google is suing Visa and MasterCard over the card giants' interchange fees, alleging that they violated federal antitrust law.
Founded by self-proclaimed bitcoin enthusiast, Darwin Ramon, the startup, YesToBitcoins.com now allows users to settle payments on all Canadian credit cards.
© Finextra Research 2015