23 June 2017
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Latest eftpos news

Danish m-payments scheme adds lock-screen payments and Touch ID

Users of the Dankort app and mobile wallets from more than 60 Danish banks can now tap-and-go for low value payments with their phones.

Philippine banks testify to Senate over recent system glitches and scams
Cards

Philippine banks testify to Senate over recent system glitches and scams

22 June 2017  |  1927 views  |  0 comments | 1 tweets | 1 linkedin

Representatives of two of the Philippines' biggest banks, BPI and BDO Unibank, on Wednesday reassured a hearing of the Senate committee on banks, financial institutions, and currencies that they have addressed recent failures that saw a 26 hour system shutdown at BPI and a spate of ATM compromises at BDO.

Visa launches $100,000 fintech challenge for Middle East and North Africa
Start ups

Visa launches $100,000 fintech challenge for Middle East and North Africa

21 June 2017  |  3869 views  |  0 comments | 8 tweets | 2 linkedin

Visa has announced that its Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into the Middle East and North Africa (MENA) region.

Worldpay pilots app-only mPOS for small retailers
Cards

Worldpay pilots app-only mPOS for small retailers

19 June 2017  |  8603 views  |  1 comments | 17 tweets | 27 linkedin

Worldpay is conducting extended trials of a software-based mobile points of sale system which helps cash-only mobile and micro retailers to accept card and phone payments on their NFC devices.

Kmart suffers another card data breach
Cards

Kmart suffers another card data breach

01 June 2017  |  10951 views  |  0 comments | 7 tweets | 6 linkedin

For the second time in three years, hackers have installed malware on POS systems at US discount chain Kmart and stolen customer credit card data.

Android Pay lands in Canada and Taiwan
Mobile & online

Android Pay lands in Canada and Taiwan

31 May 2017  |  7438 views  |  0 comments | 6 tweets | 8 linkedin

Android Pay has arrived in Canada, with several of the country's biggest banks making the mobile payments service available to Mastercard and Visa credit cardholders as well as Interac debit card users.

POS malware hits 'most' US Chipotle restaurants
Security

POS malware hits 'most' US Chipotle restaurants

29 May 2017  |  7390 views  |  0 comments | 8 tweets | 11 linkedin

Burrito slinger Chipotle says that "most" of its US restaurants were affected by a card data-stealing POS malware attack earlier this year.

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments
Retail banking

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments

19 May 2017  |  8710 views  |  0 comments | 27 tweets | 19 linkedin

Small and medium sized enterprises are missing out on an estimated £1.6 billion by not accepting next generation payments technology such as one-click ordering and 'conversational' transactions, according to research from Barclaycard.

DrnkPay app blocks credit cards if you've had too much to drink
Cards

DrnkPay app blocks credit cards if you've had too much to drink

17 May 2017  |  9276 views  |  8 comments | 16 tweets | 17 linkedin

A new mobile app is promising to help users avoid drunken late night impulse spending by linking credit and debit cards to a breathalyser and, if too much has been imbibed, barring certain purchases.

French retailers and banks begin roll out of universal mobile app
Retail banking

French retailers and banks begin roll out of universal mobile app

15 May 2017  |  6137 views  |  0 comments | 12 tweets | 20 linkedin

French retailer Carrefour is to begin the roll out of LyfPay, a new mobile app resulting from the merger of BNP Paribas-backed Wa! and Credit Mutuel's Fivory, which will enable customers to make instore and online payments with a single movement, send P2P money transfers, settle invoices and use loyalty points and coupons.

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