All articles by Zak Garner-Purkis
Zak Garner-Purkis
Moneygram to pay USD100m to settle wire fraud charges
Payment services company MoneyGram will pay USD100m as part of an agreement with the US Department of Justice (USDOJ) over charges relating to wire fraud and money laundering.
Screen size and lack of payment page optimisation halt m-commerce
Mobile payment page optimisation and screen size are reducing the number of consumers wiling to use mobile devices for transactions, according to research conducted at the 2012 Internet Retailing Conference by payment processing company WorldPay.
PayPal tests retail schemes in Australia and Amsterdam
eBays payment platform PayPal is continuing its expansion-strategy into the bricks-and-mortar world testing two retail payment schemes in Amsterdam and Australia.
Software security company Bell ID buys Ecebs
Dutch software solution provider Bell ID has acquired Scottish software company Ecebs from its parent company Trainline Investment Holdings, for an undisclosed amount.
PayLife selects VeriFone to update payments system
The Austrian cashless payment provider PayLife has selected VeriFone to upgrade its payments systems. The project is part of the companys ambition to upgrade its entire point-of-service (POS) range to support NFC and contactless transactions.
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RenCredit to use cloud to improve lending services in Nigeria
Banking software provider Temenos has announced that Renaissance Credit (RenCredit), a new microfinance institution in Lagos, Nigeria, will be the first financial institution in West Africa to launch cloud-hosted core banking system.
Skrill survey: m-payments replacing cards for small purchases
An online Skrill survey of 2,000 British adults supplied by OnePoll has found that 41% expect their use of mobile payments to increase. In the 18 to 24 age group the figure was 59% and 30% of all those polled believed they will shop on their mobiles within the next year.
EC approves smartphone and tablet security JV
The European Commission has cleared a joint venture between Gemalto, Giesecke & Devrient (G&D) and British chip designer ARM to develop and market Trusted Execution Environments (TEE) for smartphones and tablets.
HP launches card processing service in EMEA
HP has launched its HPS PowerCARD payment management software and hardware in Europe, Middle East and Africa. The card payment solution is already available in the Americas and Asia Pacific region and is aimed at banks, retailers and telecoms operators.
Hang Seng partners with PCCW Mobile on NFC launch
Hong Kongs Hang Seng Bank and local mobile operator PCCW Mobile have struck a deal to work together in developing mobile payment services for the country.