02 September 2014

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Australian point-of-sale payments provider eftpos is moving online, testing a new system for web-purchases at supermarket chain Coles.

Spain's CaixaBank has struck a EUR500 million deal with Fujitsu to build 8500 cash machines fitted with contactless readers.

Square has revamped its Cash P2P payments app, enabling users to send and receive money via text. Meanwhile, reports suggest that Jack Dorsey's firm is in the process of raising some cash itself, talking to potential investors about a $200 million funding round.

Australian banks, retailers and payments specialists have signed on to a new co-ordination body that aims to step up the pace of innovation in the country's payments industry.

ATM user

ATM spy camera fraudsters jailed

22 August 2014  |  1

Members of a gang which used ATM spy cameras and skimmers to steal the card details of 36,000 people across the UK have been jailed.

Blackpool's famous donkeys have made London's tube network look like an ass by beating it to the contactless payments punch.

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