Latest Payments News: Finextra Research

MasterCard and Brodia extend payments partnership

Currently co-promoting an eWallet service to consumers, MasterCard International and Brodia have announced plans to extend the partnership to include a new range of cardholder payment services, including P2P, mobile commerce and smart cards.

28 November 2000

/payments

Shell backs Currenex FX portal

Shell has announced an $11.5m equity investment in Currenex, the independent Internet-based foreign exchange portal.

27 November 2000

/payments

Unibank to go Solo in Denmark

Unibank is to introduce the secure Solo e-payment service and online marketplace to Danish merchants and consumers.

24 November 2000

/payments

Dutch central bank demands TOP service from Swift

The Dutch central bank - Nederlandsche Bank - is to move its payments clearing processing to the bank-owned Swift messaging network.

24 November 2000

/payments

NAB prepares for European Internet payment launch

National Australia Bank is preparing to launch a secure Internet-based credit card payment service into Europe.

24 November 2000

/payments

Banks face $150 billion payment threat

Banks risk losing $150 billion in payment revenues to new competition from emerging online payment providers and telcos, according to a report from the Boston Consulting Group.

22 November 2000

/payments

Bayerische installs Sentry collateral system

The New York branch of Bayerische Hypo-und Vereinsbank has installed Algorithmics' Sentry product for collateral management following a successful implementation in Munich last year.

21 November 2000

/payments

Chase acquires Paymentech commercial card business

Chase Manhattan is to purchase the operations of the commercial credit card-issuing subsidiary of Paymentech.

21 November 2000

/payments

Safewww targets banks for ID authentication

US-based computer security outfit Safewww is targetting Internet merchants and banks for a new business-to-consumer authentication device, IDshield.

21 November 2000

/payments

Five more banks sign with Identrus

Five more banks have joined the Identrus digital security system. The new recruits join 30 existing member banks as Identrus Certificate Authorities, certifying their corporate customers for business-to-business commerce on the Internet.

21 November 2000

/payments

KeyCorp B2B market implements Ariba payments

Cleveland-based KeyCorp has become the first bank to complete an entirely electronic ordering, invoicing and payment transaction using the Ariba Marketplace, Network Edition e-commerce platform.

21 November 2000

/payments

Trintech to acquire Globeset

California-based Trintech has agreed to acquire the assets of cash-strapped e-payments solutions company Globeset.

20 November 2000

Latest news