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News & Commentary
Content tagged with Payments posted in August 2012
U.S. Bank to Process Electronic Invoices for Order Express' International Money Transfers
News  |  8/29/2012
U.S. Bank and Order Express have agreed on a new deal for the bank to process electronic invoices for the international payments provider.
MasterCard Embarks on Mobile Payment Partnership with U.K. Telco
News  |  8/28/2012
The five-year deal involves developing mobile and digital payment solutions for Everything Everywhere’s 27 million U.K. customers.
Partnership to Offer New Fully Integrated Online and Mobile Bill Pay Solution Announced
News  |  8/27/2012
Payments provider Payveris and software company Alkami Technology announced plans to roll out a bill pay solution with a seamless user experience across mobile and online.
Is Apple Preparing a Mobile Wallet?
Commentary  |  8/27/2012
Leaked photos of the next generation iPhone purportedly show an NFC chip as part of the device.
Duplicate Payment Detection Paying Off For Bank of the West
Commentary  |  8/23/2012
Historically a centerpiece of basic bank services, safe and secure payment processing is a critical element of the banking industry’s future.
VeriFone Cashes in on Nigeria's Cash-less Payments Initiative
News  |  8/23/2012
VeriFone reports receiving 80,000 orders for new payments systems in Nigeria, which is trying to update its payment infrastructure to modernize its economy.
PayPal Expands Digital Wallet Inking New Deal with Discover Card
News  |  8/22/2012
PayPal's digital wallet will be available to any merchant who accepts Discover Card starting in 2013.
Fifth Third Bank Rolls Out EMV Card
News  |  8/20/2012
The commercial card will be available to customers who travel internationally.
Is The Wild World of Mobile Payments About To Be Tamed?
Commentary  |  8/17/2012
The mobile payments arena currently is a bit of a free-for-all, with lots of announcements of new schemes and partnerships (not all of which include banks). Will the regulators ruin the fun?
Square Offers New Monthly Price Rate Following Starbucks Deal
News  |  8/17/2012
Square introduces a new pricing plan for its clients after last weeks blockbuster deal with Starbucks.
Moving Forward Mobile Payments
Commentary  |  8/16/2012
The Merchant Customer Exchange partnership between major retailers has a chance to be a major force in growing mobile payments adoption.
ACI Worldwide Introduces Merchant Payments Solution for Mobile Wallets
News  |  8/16/2012
ACI's Retail Commerce Server now integrates mobile wallet payments into a merchant's existing payments infrastructure.
U.S. Retailers Unite to Form Mobile Payments Network
News  |  8/15/2012
Wal-Mart, Best Buy and Target are among the retailers that have joined forces to form the Merchant Customer Exchange.
Global Payments Inc. Acquires Accelerated Payments Technologies
News  |  8/15/2012
Global Payments Inc. announced today its purchase of Accelerated Payments Technologies, an integrated payments solution provider.
New Deal with Starbucks Raises New Issue for Square
Commentary  |  8/10/2012
The new deal with Starbucks means that Square will have to figure out how to make money processing credit card transactions for small purchases, like a cup of coffee.
Domestic Transfers Reached $195 Billion Over Past Year
News  |  8/9/2012
A new Javelin Strategy & Research Report examines the account-to-account and person-to-person transfer market.
Square Will Use GPS to Spread Mobile Payments
Commentary  |  8/8/2012
Square's new partnership with Starbucks opens the door to intriguing possibilities for using GPS to spread its mobile payments technology.
Starbucks Teams Up With Square to Offer New Payments Options at Locations
News  |  8/8/2012
Starbucks will now use Square to process credit and debit card transactions at its U.S. stores as part of a new partnership between the two companies.
8 Innovators Shaping the Future of Payments
Slideshows  |  8/7/2012
The world of payments is always innovating and fast-changing. Many companies -- not all of them traditional financial institutions -- have transformed the space in recent years with trailblazing technology and ideas. Bank Systems & Technology highlights eight innovators that are leading payments into the next century.
Payments Provider ACI Worldwide Names New Executive
News  |  8/7/2012
Daniel Frate, previously of PNC Bank, will be ACI's new Executive Vice President of Global Markets and Product Management.
Australian Bank Launches Android Mobile Contactless Payment App
News  |  8/7/2012
Australian Bank Westpac has partnered with MasterCard to launch a pilot app for mobile payments.
Winning the Mobile Wallet Race
Commentary  |  8/6/2012
The providers that drive benefits for financial institutions, retailers and consumers will emerge from the pack.
P2P Payments: Why Banks Need to Dive In Now
News  |  8/4/2012
Increasing adoption of mobile devices is leading industry experts to predict growth in the P2P payments market in the coming years. Banks need to act now if they want to get in on that action.
Wells Fargo Introduces New EMV Card for Consumers
News  |  8/3/2012
Wells Fargo started issuing a new credit card equipped with both magnetic stripe and EMV technology, aimed at customers who travel internationally.
Will EMV Prevent ATM Fraud?
Commentary  |  8/2/2012
The latest criminal bust for skimming ATMs brings into focus EMV's apparent strength in that area.
Google Releases Cloud-Based Version of Wallet
News  |  8/2/2012
Google Wallet also now supports all credit and debit cards from Visa, MasterCard, American Express, and Discover.
KeyBank Enters New Agreements to Improve Cards and Payments Offerings
News  |  8/2/2012
KeyBank announced today two new agreements to self-issue credit cards and improve its merchant processing services.
How to Prepare for EMV
Commentary  |  8/1/2012
The liability shift around EMV implementation is rapidly approaching.

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