1502 Results from 2008
/retail
Banco Santander and Gemalto are teaming to provide university students in Brazil with multi-functional cards that can be used for EMV payments and contactless access to campus buildings.
11 December 2008
Bank of China (BOC) has selected Yucheng Technologies to develop a $5 million, 1000 seat, call centre that will use customer relationship management technology from Oracle's Siebel unit.
Visa has outlined plans to accelerate Australia's migration to chip and PIN card technology as part of a five year programme to improve payment system security in the country.
US e-commerce merchants expect online fraud to cost them a record $4 billion this year, up from $3.7 billion in 2007, according to a survey from electronic payments outfit CyberSource.
10 December 2008
UK life and pensions outfit Friends Provident has inked a 10 year, £200 million, IT and infrastructure services outsourcing deal with IBM.
PayMate, an Indian company offering an SMS-based payment service that allows customers to use their mobile phone as a credit or debit card, is entering the Nepalese market through its local representative PayBill.
/wholesale
The success of new alternative European trading venues in winning business away from incumbent domestic exchanges has been demonstrated in the latest batch of execution figures released by Instinet Europe covering the 12 months since the introduction of the Markets in Financial Instruments Directive (MiFID).
The Johannesburg Stock Exchange has reached agreement to buy the Bond Exchange of South Africa after raising its initial offer price by 39% from R173 million to R240.58 million.
Italy's Montepaschi Group (GMPS) has introduced a service that lets people pay taxes and fines due to Rome City Council at the bank's ATMs.
/regulation
The UK's Nationwide Building Society is implementing technology from Nomis Solutions in a move it says will help it extend credit to more customers by improving the pricing practices of its personal loans business.
Discover Financial Services has unveiled a credit card in the US made from biodegradable PVC.
09 December 2008
Over two thirds of people would be willing to undergo fingerprint scans to verify their identities when dealing with banks and government organisations, according to a global survey from Unisys.
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