470 Results from /payments, 2005
/payments
Australian retailer Woolworths Limited has applied for a special credit card licence with bank regulators in the country and plans to begin issuing its own branded cards from 2007, undermining an exclusive joint venture banking project established with Commonwealth Bank.
02 December 2005
Land Bank of the Philippines (LBP), the largest government bank in the country, has contracted with US-based Diebold for the supply of more than 300 Opteva cash machines.
FIX Protocol Limited (FPL) says it has terminated an agreement it entered into with Swift to establish the ISO 15022 XML format as a common messaging standard for securities processing and will focus on driving use of its own FIX Protocol instead.
01 December 2005
The European Commission says draft rules for harmonising cross-border payment transfers could save the EU economy EUR50-100 billion per year.
Bank of America's Global Treasury Services (GTS) is introducing its image cash letter service which enables customers to use proprietary hardware and software to create a deposit of cheque images to send to the bank for processing.
ACI Worldwide is teaming with French e-payments vendor Fineac to form a joint venture that will provide technology and support services to financial services firms in France.
30 November 2005
Relationship building is back in fashion for US cash management banks as corporate treasuries take technology and high value service delivery for granted, according to a survey conducted by Greenwich Associates.
Shares in fee-charging cash machine operator Cardpoint have plummeted after the company said its short term profits would be hit by underperforming Moneybox ATMs.
29 November 2005
Electronics giant Hitachi is setting up a joint venture with MasterCard and Australian e-payments outfit KeyCorp to manufacture and distribute multi-application smart cards worldwide.
25 November 2005
Netherlands-based Rabobank is acquiring a 22% stake in payments venture Fin-Force. Under the deal the bank will outsource its international payments processing operations to the unit, leading to the loss of 60 jobs.
24 November 2005
The UK's banks are on the verge of selecting a new clearing system that will cut the time it takes to transfer electronic payments between accounts.
22 November 2005
US banks are set to grab back a major share of the surging electronic bill payment and presentment (EBPP) market over the next five years, according to the latest forecasts from Forrester Research.
21 November 2005
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