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CommBank to launch NFC payments using embedded secure elements

CommBank to launch NFC payments using embedded secure elements | Innovative payments | Scoop.it
Commonwealth Bank of Australia has announced a series of upgrades to its mobile banking and payments service, including plans to offer NFC payments using secure elements embedded in "certain phones" and NFC stickers that can...
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Dubai cabbies will take mobile payments

Dubai cabbies will take mobile payments | Innovative payments | Scoop.it
If you happen to need a taxi in Dubai, you will need cash — but only for the next few months. Come January that will change, as the Dubai government is taking steps to let cab drivers accept …
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GE Capital Retail Bank and JCPenney Extend Private Label and Dual Card Credit Program

GE Capital Retail Bank and JCPenney Extend Private Label and Dual Card Credit Program | Innovative payments | Scoop.it
GE Capital Retail Bank today announced a long-term extension of its
private label and dual card credit program with leading national
retailer JCPenney (NYSE:JCP).
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Square Cash launches to the public so you can send money to your friends by email

Square Cash launches to the public so you can send money to your friends by email | Innovative payments | Scoop.it
Mobile card payment service Square is evolving its business once again by  looking to cater to more individualistic needs. Today the company publicly launched its Square Cash service, its peer-to-peer money exchange product.
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Tantrum Street to launch mobile checkout system

Tantrum Street to launch mobile checkout system | Innovative payments | Scoop.it
(The Paypers) Tantrum Street, an information technology and services company, intends to launch Cartwheel Register, a mobile app that enables merchants to accept a number of credit and debit cards without needing to swipe them.
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WorldPay US to acquire Century Payments

Financial technology company WorldPay US has entered into an agreement to acquire Century Payments, a leading provider of electronic payment processing services.
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Basware collaborates with MasterCard to launch e-payment service

Basware, an e-invoicing and purchase-to-pay services provider, has joined hands with MasterCard to introduce an electronic payment service, which ensures suppliers are paid fast upon invoice approval, while extending payment terms for buyers.
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MoneyGram to purchase money transfer businesses in Greece

Global money transfer and payment services company MoneyGram (MGI) has agreed to acquire Advanced ChronoCash Services (ACCS) and MoneyGlobe Payment Institution in Greece.
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Accenture to build new mobile wallet for Belgacom, BNP Paribas Fortis

Belgium-based lender BNP Paribas Fortis and telecom firm Belgacom have selected Accenture to create the country’s first Mobile Wallet, allowing smartphone users to execute secure mobile shopping and reimburse payments.
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Standard Chartered launches mobile payment service for Kenyan clients

Global financial service conglomerate Standard Chartered in partnership with Safaricom’s M-PESA wallets, has rolled out its new mobile payment service for corporate clients in Kenya.
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Dialog adds NFC payment stickers

Dialog adds NFC payment stickers | Innovative payments | Scoop.it
Sri Lankan mobile network operator Dialog has expanded its contactless fuel payment card service to include NFC stickers that can be affixed to phones, wallets and keyrings, Lanka Business Today reports.
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Former Netflix CFO joins mobile payments startup Clinkle

Former Netflix CFO joins mobile payments startup Clinkle | Innovative payments | Scoop.it
Clinkle, the inscrutable startup that vows to shake up the mobile payments world, has a new COO: former Netflix CFO Barry McCarthy. McCarthy spent 12 years with the online media streaming service …
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P2P survey finds appetite for digital payments

P2P survey finds appetite for digital payments | Innovative payments | Scoop.it
While most person-to-person payments are made with cash or checks, a growing number of consumers would prefer a digital option, according to a recent survey. The survey, "How Americans Pay Each Other …
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Square Cash Streamlines Swapping Money via Email

Square Cash Streamlines Swapping Money via Email | Innovative payments | Scoop.it
Square introduced Square Cash Tuesday, a new way to send and receive cash from your friends or acquaintances using email — no account or sign-up required.
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Long queues – main frustration for UK online shoppers

Long queues – main frustration for UK online shoppers | Innovative payments | Scoop.it
(The Paypers) Regardless of their age, UK citizens still prefer to shop in-store (81 percent), but want faster payment systems to overcome long queues, recent findings indicate.
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Citrus selects ReD Shield for fraud prevention

Citrus selects ReD Shield for fraud prevention | Innovative payments | Scoop.it
(The Paypers) ReD, a global provider of fraud prevention and payment services, has been selected by payment services provider Citrus Payment Solutions for its ReD Shield online fraud prevention service.
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PayPal plans to acquire Braintree Payments

PayPal, an online payment company, is set to ink an agreement to acquire Chicago-based startup Braintree Payments Solutions, with a strategy to boost its mobile commerce offering.
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SIX plans to acquire Austrian card provider PayLife

Swiss payments processor SIX Payment Services has reached an agreement to purchase Austria-based card provider, PayLife, from a consortium of Austrian banks after receiving approval from the Austrian Cartel Court.
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BofA Merrill Lynch unveils accelerated payments to Asia

Bank of America Merrill Lynch has introduced its Accelerated Payments to Asia, to boost the speed and efficiency with which banks and corporations make high value US dollar payments to Asian markets.
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MoneyGram, Ukash roll out money transfer service in UK

Global money transfer provider MoneyGram (MGI) has partnered with UK-based online cash payment provider Ukash, to offer domestic and international money transfers services.
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NJ bank jumps on Pogo

NJ bank jumps on Pogo | Innovative payments | Scoop.it
New Jersey-based Sun National Bank is expanding its portfolio of technology solutions for small businesses and merchants with mobile payment processing solution Pogo>, according to an announcement …
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National Australia Bank launches NAB Flik mobile payments via NFC, QR and more

National Australia Bank launches NAB Flik mobile payments via NFC, QR and more | Innovative payments | Scoop.it
National Australia Bank has launched a mobile payment service that lets users send, receive and request payments via NFC, QR codes, a mobile phone number, an email address or Facebook. Customers can use the service...
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