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860 Results from /retail, 2005

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Morse sells off MChex subsidiary to Stream

UK IT services group Morse has sold its mobile payments and data services subsidiary, MChex, to Stream Group for a maximum total consideration of £1.5 million.

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Competition authorities to probe Link/TNS cash machine venture

The Competition Commission is to probe a proposed joint venture between Link Interchange Network and Transaction Network Services for the supply of outsourced ATM transaction processing services in the UK.

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Misys rises on improving results

Misys is reporting signs of a turnaround in its core banking markets after posting modest increases in both revenues and profits at its banking division for the six months to 30th November 2004.

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Diebold to restructure in Europe after weak performance

US ATM manufacturer Diebold is to restructure its European operations after experiencing a slowdown in financial self-services orders from the region's banks during the fourth quarter of 2004.

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Barclays signs £45m BPO contract with Siemens Business Services

The UK's Barclays Bank has signed a new two year business process outsourcing (BPO) contract, worth £45 million, with Siemens Business Services.

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National Bank of Dubai implements Level Four ATM testing software

National Bank of Dubai (NBD) has licensed ATM testing and EMV technology from UK-based Level Four Software.

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Campaign against fee-charging ATMs hits Scott Tod profits

Shares in AIM-listed independent ATM operator Scott Tod fell 26% to 38 pence yesterday and continued to slide this morning after the firm warned that second-half results would be substantially below market expectations.

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PBS payments processing network hit by systems glitch

Danish payments body Payment Business Services (PBS) is investigating a fault that occured during the renewal of an SSL certificate that prevented some retailers from processing card payments over its network during the weekend.

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EFunds restructures, prepares for geographic expansion

US payments systems vendor eFunds Corporation is establishing a new global solutions unit as part of a corporate restructuring programme that will also see the consolidation of other units and a search for new senior management talent.

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Canara Bank shortlists three for $28.7m core banking contract

India's Canara Bank is down to a shortlist of three vendors - Infosys Technologies, i-flex Solutions and Hewlett Packard - for a $28.7m core banking contract, according to local press reports.

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ING Direct UK rolls out Informatica data integration system

ING has installed California-based Informatica's data integration technology, PowerCenter, at its direct banking operations in the UK and is using the system to provide staff with a consolidated view of customer activity.

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I-flex hires Olivier Trancart to head global sales

Indian banking software vendor i-flex solutions has appointed Olivier Trancart as executive vice president of global sales.