Santander and Iberpay pioneer cross-border instant transfers
Santander and Iberpay have exchanged the first international instant transfers based on the OCT Inst system, as recommended by the European Payme...
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P27 pushes its own instant payment solution for the Nordic countries
Driven by the alignment of Nordic central banks around TIPS and the growth of instant payments, the P27 organisation is unveiling a harmonised pa...
In brief: Société Générale relies on Tenemos to complete its digital transformation
Societe Generale has announced its partnership with Tenemos, a global banking software specialist that operates in more than 3,000 banks worldwid...
WalletsClub wants to end wallet silos
FACTS Make all the wallets on the market interoperable and end the segmentation of offers. This is the challenge that WalletsClub has set itse...
SWIFT Builds on DLTs with Corda by R3
FACTS The interbank network SWIFT announces a Proof of Concept on trialling a gateway for interlinking trading and e-commerce platforms wit...
nexo Standards Gaining Ground in France
As European direct debits and credit transfers are becoming the norm, EU-wide harmonisation for card payments is starting to take shape. In order...
Payment: Mercedes Introduces Automated Charging Stations
The market for electric vehicles is expanding fast, leading charging stations to evolve. The German car maker Daimler keeps heading for this sect...
Hybrid Chips on the Japanese Market
FeliCa Networks (JV founded by Sony and NTT DoCoMo) has announced two partnerships with Samsung and NXP on the development of hybrid chips able t...
Data Theft: Securing Card Data
According to the Identity Theft Resource Center (ITRC), the overall numbers of breaches in the US has declined, and cases in the financial sector...
Acceptance: US Commerce Adopting EPAS protocols
At New York’s Big Retail Show, the National Retail Federation (NRF) and its standardisation-dedicated arm the Association for Retail Technology S...
Facebook Offering Prepaid Cards to Benevolent Hackers
In line with its “Bug Bounty Program”, Facebook carries on awarding hackers reporting security breaches. First, they were paid 500 dollars (or ov...
Acquiring: OSCar Pilot Tests and POS Terminals
Ingenico has launched several experiments in the frame of the European OSCar project in three European countries: France with Crédit Mutuel-CIC a...
EU Banks Sceptical About 2014 Deadline
During the SEPA-dedicated panel session at Sibos in Toronto, a small majority of the participants deemed that 2014 deadline was unrealistic. This...
Authentication: New Voice Biometric Identification Solution
Finivation Software has launched a new voice biometric authentication solution to enhance credit union call center security, but also online and ...
Compliance: Oberthur Technologies Certified CC EAL 4+
The ANSSI has granted EAL4+ certification to Oberthur Technologies FlyBuy NFC SIM card. Oberthur Technologies has become the first non-banking su...
SEPA Migration: Compromise on Regulation Draft
A new legislative step, the ECOFIN Council adopted a compromise on the European Regulation draft setting SEPA migration end-dates. This agreement...
Basel III: Collateral Impact on Banks Further Presence in Payments
Basel III regulatory standard requires that banks dispose of more liquid own funds. This may increase production costs of payment streams. In fa...
Ingenico POS Terminals Sales Figures Doubled in 2010
According to Ingenico, the volume of delivered NFC compatible contactless terminals doubled in 2010. They claim that more than 21% of the termina...
Electronic invoices: generalisation by 2020
In its “New Digital Agenda for Europe”, the European Commission listed four priorities to make digital invoice exchanges easier: Provide a cohere...
