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1502 Results from 2008

/retail

German card data sent to newspaper on microfilm

Microfilm containing the credit card details of tens of thousands of Germans has been anonymously sent in the post to the Frankfurter Rundschau newspaper.

/retail

Visa introduces SMS one-time passwords for online shopping

Visa has partnered with banks in China and Taiwan to introduce an SMS-based one-time password system for cardholders to authenticate themselves when making online purchases.

/retail

Fiserv to acquire regional bank processor i_Tech for $40 million

US Fintech vendor Fiserv is to acquire i_Tech Corporation, a provider of outsourced account and payment processing services, from First Interstate BancSystem for $40 million.

/retail

Citi to offer mobile ticketing and payments for Warsaw commuters

Citi in Poland is partnering with the Plus wireless network to offer mobile payments and ticketing to customers using the Warsaw public transport network.

/Sibos

Clear2Pay raises EUR6m in internal funding round

Belgium-based provider of payments technology to banks Clear2Pay has announced a capital increase of EUR6 million by its current investors: AGF, IRIS Capital, Big Bang Ventures, GIMV, Trust Capital and management.

/retail

Toys R Us shoppers hit by Eftpos skimmers

Police in Sweden are warning shoppers who bought goods in two Toys R Us stores in the last few weeks to cancel their bank cards after skimming equipment used to steal data was found on Eftpos terminals.

/wholesale

Newedge to deploy GL Trade's hosted processing for listed derivatives

GL Trade has closed a deal with Newedge Group, the global multi-asset brokerage firm, to extend the use of GL Instant Brokerage globally from its UK business to also cover its brokerage operations in Paris, New-York and Hong Kong.

/retail

Dubai police arrest gang over £40m card fraud

Police in Dubai have arrested three men accused of stealing more than Dh223 million (around £40 million) after obtaining credit card information used in online transactions.

/retail

Fintech stocks close higher, but index still down 40.5% in 2008

Pegasystems, S1 and Diebold are the only three companies in the Finextra50 Financial Technology Index currently trading higher than at the start of the year.

/retail

CNP and counterfeit card fraud on the rise in Australia

Annual fraud figures from the Australian Payments Clearing Association (APCA) show a continuing increase in levels of card-not-present fraud and counterfeit/card skimming scams.

/retail

Russia's Alfa-Bank rolls out Aladdin authentication devices

Russia's Alfa-Bank has rolled out 20,000 USB smartcard authentication devices from Aladdin Knowledge Systems to its online banking customers.

/retail

IBM wins Madhav Nagrik Sahakari Bank IT outsourcing deal

Madhav Nagrik Sahakari Bank, a co-operative in the Indian state of Rajasthan, has inked a five year IT outsourcing deal with IBM to support its move into Internet and mobile banking.