All articles by Louise Naughton
Louise Naughton
eWise launches bank inclusive payment network
Financial management solutions provider eWise has launched a bank-inclusive payment method that aims to wipe-out Card-Not-Present (CNP) fraud.eWise payo is an Online Banking ePayments (OBeP) solution that allows consumers to pay for goods and services via their internet banking site, a move that is thought to help banks regain their customers trust. By eliminating the need to input personal data, eWise is hoping to open the ecommerce market up to those consumers who are dissatisfied with the current level of security available.
Western Union launches remittance service in Italy
Money transfer service provider Western Union has teamed up with Italian banking group Intesa Sanpaolo to offer remittance services via the banks ATM network.In June this year, the money-transfer service will be available across 7,200 of Intesa Sanpaolos ATMs and in the months thereafter, the service will migrate to 700 standalone kiosks inside bank branches and via internet and mobile banking.
Western Union partners Sberbank
Global payment services provider Western Union has signed a deal to offer international money-transfer services at Russias Sberbank branches.Sberbank is expected to become the largest Western Union partner bank in the central and eastern European region. Money-transfer services will initially be available at more than 8,000 of the banks branches in 2011.
Ukash focuses on existing markets
Prepaid e-voucher provider Ukash has expanded its presence in Belgium, a move which is claimed to signify its commitment to its existing markets.Through a deal with the Belgian national BancontactMr.Cash system, Ukash is now available at a further 2,500 points of sale and online in Belgium. Vouchers are obtainable from Trendycash terminals or instantly online from the Prepaid4.me pinshop in denominations of 10 ($13), 20, 50 and 100.
Veracity brings Payment Gateway 2.0 to US merchants
Dublin-based WorldNet has partnered with POS solutions provider Veracity Payment Solutions to provide US merchants with its multi-currency online payment processing platform.Under the agreement, Veracity can now tailor its payment processing platform to expand in the SME sector with customised low-cost solutions. However, specific terms of the agreement were not disclosed.
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Gemalto launches new NFC trial in Japan
Digital security software provider Gemalto has joined forces with Japanese mobile operator Softbank Mobile to launch a mobile contactless pilot in Japan, which allows customers the choice to pay via different credit card accounts.
Vijaya Bank offers remittance service to NRIs
Indias Vijaya Bank has partnered digital payment software provider, TimesofMoney, in a bid to offer an online remittance platform to its migrant workers around the world.The deal is part of Vijaya Banks strategy to strengthen its relationships with its customers who are non-residents of India (NRIs). Using the banks website, the NRIs will be able to transfer money online from 22 countries using TimesofMoneys branded remittance service.
Direct Debit sees 158% growth in 2010
Cutting administration costs has driven demand for payment services provider Direct Debits PayCentre processing platform.The PayCentre platform claims to automate and streamline credit and debit card, direct debit and direct credit payment processes for organisations via a single user interface. 54 new clients were signed-up for the service in 2010, including Unipart Merchandise and Eazy Collect a Direct Debit collection bureau
First Direct develops m-banking ‘game-changer’
UK virtual bank First Direct has developed a transactional banking-on-the-go mobile app, which is boldly claimed to change the face of m-banking in the UK.
Q and A – Floris De Kort
Following on from an interview with Ron Kalifa, the new CEO of processing provider WorldPay, EPI sits down with another of its new appointments. Floris De Kort, head of e-commerce at WorldPay tells Louise Naughton what he has planned for the business and why the management team will only have themselves to blame if things go wrong.