23 November 2014

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RBS suffers another IT glitch

21 November 2014  |  1

The day after it was fined £56 million over an IT meltdown, Royal Bank of Scotland has suffered a minor glitch which has seen some customers unable to use their credit and debit cards.

After a breakout 12 months for tap and pay, 'contactless' has made Oxford Dictionaries' shortlist for international word of the year.

World in hand

Square takes Register worldwide

20 November 2014  |  0

Square is looking to expand beyond North America by making its Register point-of-sale software available to businesses worldwide.

Coinbase has struck a deal with payments platform RewardsPay that enables online shoppers to use bitcoin for purchases at the likes of iTunes and Facebook.

Contactless has shaken off its novelty tag in the UK and is surging towards the mainstream according to Worldpay, which is reporting a 150% rise in volumes over the past six months.

In an Australian telco first, Optus is launching a contactless payment app that uses Near Field Communication (NFC) and Visa payWave technology to pay for cash purchases below $100.

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