All articles by Imogen Rayfield
Imogen Rayfield
SIMalliance and IEEE-SA join forces to support convergence
SIMalliance, a non-profit trade association for the management of secure mobile services, has announced plans to collaborate with The Institute of Electrical and Electronics Engineers Standards Association (IEEE-SA) to promote global cooperation between the mobile and internet industries.
Alaric rolls out myPinPad
Global supplier of fraud prevention and payments solution Alaric has launched the myPinPad solution to enable the secure processing of mag-stripe and chip cards.
Amazon files for anonymous payments system
Global online retailer Amazon has filed a patent with the US Patent office for an anonymous mobile payment system in which Amazon will serve as an intermediary between parties to a transaction.
MoneyGram and Ukash make payment options deal
Global money transfer company MoneyGram and UK-based online cash payment provider Ukash have signed a global agreement to create more payment options for their customers. The service is due to launch later this year in the UK with plans to expand after.
Dortmunder Volksbank launches contactless m-payments
Germany-based cooperative bank Dortmunder Volksbank is to introduce a contactless mobile payments system that will enable customers to make payments using their mobile phones in shops that accept MasterCard PayPass.
UK adults lukewarm to idea of contactless payments
According to a survey conducted by price comparison website GoCompare, UK adults are reluctant to the idea of contactless payments dominating the way society pays.
Mobile PFM tools and rewards key to ramping up mobile payments
Adding mobile phone based financial-management tools and rewarding consumers will increase the use of mobile payments in the US and Canada, according to a report from the consultants Accenture.
New tiering criteria reduces risks in CHAPS system
The introduction of the new tiering criteria has reduced risks within the payment system CHAPS, after the Bank of England highlighted potential stability risks in the payment system, due to a large number of indirect participants processing high value payments via a small number of direct members.
Telenor launches mobile savings product in Pakistan
Telenor Pakistan, in partnership with Tameer Bank, has announced the launch of the country’s first mobile savings product, Khushaal Munafa, designed to let customers earn interest on savings using their mobile phones.
PayTango launches new fingerprints payments system
PayTango is a new payments system that allows users to make purchases using their fingerprints. Four students at Carnegie Mellon University in Pittsburgh, Pennsylvania developed the new system in late 2012 as a safer and more convenient form of payment.