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When, if ever, will the Nordics become cashless?

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When, if ever, will the Nordics become cashless?

Erik Zingmark, Head of Transaction Banking, Nordea, speaks at Sibos 2018 in Sydney, whether banks are really being disrupted by fintechs, what corporates are expecting from their banks in the next 3 to 5 years, and when, if ever, it will become cashless in the Nordics.

Former Google Wallet chief raises $100m for payment terminal OS

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Former Google Wallet chief raises $100m for payment terminal OS

Poynt, the payment terminal startup founded by former Google Wallet boss Osama Bedier, has raised $100 million in a Series C funding round joined by National Australia Bank and US Bancorp-owned Elavon.

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Bilbao selects Masabi for EMV contactless ticketing system

Masabi, the company bringing Software-as-a-Service (Saas) ticketing and payments to public transport, today announced that it has added new contactless EMV ticketing capabilities to its Justride fare collection platform.

/security

Revolut unveils machine learning tools to fight card fraud

Revolut, Europe’s fastest growing financial technology company, has today announced their intention to become a world leader in customer protection, and unveiled a new fleet of machine learning technology that has already seen a fourfold reduction in card fraud.

N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

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N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

American Express wins approval to enter Chinese payment card market

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American Express wins approval to enter Chinese payment card market

American Express has become the first foreign card scheme to win direct access to China's bank card market after winning approval for a clearing and settlement licence from the country's central bank.

UK retailers win appeal court ruling over ATM charges

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UK retailers win appeal court ruling over ATM charges

The UK's high street retailers have scored a major victory in a long-running case over the payment of business rates for ATM's installed at their stores.

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BS/2 sells 111 ATMs to Kazakhstan-based Bank CentreCredit

The BS/2, a part of Penki Kontinentai Group, sold 111 ATMs with an integrated security and monitoring solution ATMeye.iQ to the Bank CenterCredit.

PNC pilots dynamic CVV2 tech to fight card-not-present fraud

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PNC pilots dynamic CVV2 tech to fight card-not-present fraud

PNC Bank's treasury management unit is trialling technology that guards against card-not-present fraud by automatically changing the three digit CVV code on the back of credit cards.

Intesa Sanpaolo to test fingerprint cards

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Intesa Sanpaolo to test fingerprint cards

Intesa Sanpaolo is the latest to try its hand at fingerprint cards in a collaboration with Gemalto and Nordic startup Zwipe.

/payments

CardFlight and Payscape team up

CardFlight, the leading mobile POS and SaaS payment technology company, and Payscape, a financial technology and payments innovator, announced today that they partnered to allow Payscape to offer CardFlight’s leading payment acceptance solution, SwipeSimple, to merchants across the United States.

'Almost all' Pakistani banks hit by hackers

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'Almost all' Pakistani banks hit by hackers

Customer card data from nearly all of Pakistan's major banks has been stolen in a cyberattack, says the country's Federal Investigation Agency (FIA).

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American Express partners WEX to alleviate accounts payable pain points

American Express Company (NYSE: AXP) and WEX Inc. today announced a new collaboration utilizing WEX’s market-leading accounts payable technology, named Synaptic.

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JaJa Finance reaches £3 million crowdfunding target

Jaja Finance, the company on a mission to simplify the world of consumer finance, announces that it has already reached its fundraising target of £3m on equity crowdfunding platform Seedrs.

/payments

Barclaycard joins Coupa as inaugural Coupa Pay partner

Following its announcement of Coupa Pay, a set of payment and financing solutions within the Coupa Business Spend Management (BSM) Platform, Coupa (NASDAQ: COUP) has unveiled a strategic partnership with Barclaycard, a leading global payment business, which is part of Barclays Bank PLC.

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Perkbox adds card-linking option to loyalty platform

In an industry first worldwide, Perkbox, Europe’s fastest growing employee experience platform, is today announcing the introduction of card-linking technology to its offerings.

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Cardstream to process Discover cards in UK

Cardstream, the UK’s largest independent provider of white label payment software and services, and Diners Club International, a subsidiary of Discover Financial Services, and part of the Discover Global Network, have today announced a collaboration that will help expand and accelerate the acceptance of Discover Global Network cards including Discover, Diners Club International and affiliate network cards in the UK.

/retail

Ingenico CEO Philippe Lazare leaves

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, announced following the Board meeting held on November 5th, 2018, the evolution of the Group's governance as follow:

/security

ThreatQuotient applies Visa breach intelligence

ThreatQuotient, a trusted threat intelligence platform innovator, today announced that it is integrating verified breach intelligence from Visa to enable customers to better detect and protect against cyber attacks targeting payment data.

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Sberbank and South Korea’s Hyosung TNS Inc. to create next generation ATM especially for Russia

Sberbank and South Korean corporation Hyosung TNS Inc. have founded a Russian research and development centre on the basis of a Sberbank laboratory.

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