All articles by Zak Garner-Purkis
Zak Garner-Purkis
Sberbank buys 75% of Yandex.Money
Sberbank has acquired a 75% stake in Yandex.Money the electronic payment business of Russian search engine Yandex. The two businesses plan to embark on a joint venture using Sberbanks banking expertise in conjunction with Yandexs established digital presence.
VeriFone partners Bank of China and China Mobile for NFC payments
POS manufacturer VeriFone has partnered with China Mobile and Bank of China on NFC payment and marketing services in Shen Yang, China.
MyBank to go live
EBA Clearing said that 11 financial institutions from France, Luxemburg and Italy have signed up to its SEPA-compliant online banking e-payment (OBeP) network MyBank, which launches on the 25th March 2013.
PayPal: No NFC in 2013
PayPal’s president David Marcus has said he believes NFC will fail to gain mass adoption in 2013, and that the cash register will go mobile.
CIMB launch Facebook banking service
Malaysia based bank CIMB Bank has launched a banking application on Facebook. OctoPay allows customers to make transactions and share money online using the social networking site.
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Banks forced to act as SEPA deadline looms
After years of debate, the February 2014 SEPA deadline is forcing banks into action, but convincing corporates there is more to it than compliance has however been a different matter, says Zak Garner-Purkis
Biometrics-based bank accounts to be launched in India
Visa has partnered with five Indian banks on a service that uses a biometric national identity system based on biometrics to verify and authorise payments.
Kount offers Artificial Intelligence anti-fraud service
US anti-fraud technology Kount has presented its artificial intelligence (AI) fraud detection system, designed to automatically combat card-not-present (CNP) transaction fraud in real time.
Virtual Piggy partners with WorldPay to expand global reach
Children’s e-commerce service Virtual Piggy has partnered with Merchant acquirer WorldPay with the aim of expanding its ecommerce service internationally.
PayPal hacker found guilty
Christopher Weatherhead , the Anonymous group hacker accused of attacking PayPals website in December last year, has been convicted on one count of conspiracy to impair the operation of computers.