Norwegian banks mark their territory with payments

Norwegian banks are banding together to fight off global competition in the payments space, according to a report from Reuters. DNB, Eika and Sparbank 1 Gruppen will lead a group of banks that will combine their payment units to better...

Singapore to debut new standard for QR codes

The Monetary Authority of Singapore earlier this week announced that something called the common Singpare Quick Response Code will make its debut next year as payment service providers adopt this new standard, according to multiple local reports. The authority said...

Nets Group brings JCB's EMV contactless standard to Denmark

The Nets Group and JCB International Co. Ltd., the international operations subsidiary of JCB Co.

SumUp strikes mPOS deal with Chilean bank

Mobile point-of-sale provider SumUp and BancoEstado de Chile, the largest national bank of Chile, have launched a joint venture offering mobile card acceptance to small businesses, according to a press release. Through the newly formed joint venture, SumUp increases its...

Reserve Bank of Australia concerned about rising merchant costs for contactless payments

The Reserve Bank of Australia is concerned about merchants' rising costs to accept contactless payments as more consumers in the country choose to pay with smartphones, according to local media reports. And the RBA is threatening more bank regulation if...

Garmin Pay now live on Garmin vívoactive 3 smartwatch

Garmin International and Fit Pay, a wholly owned subsidiary of NXT-ID, have announced that the Garmin Pay contactless payment feature is now live on Garmin's vívoactive 3 smartwatch and available to cardholders of issuing banks supporting the new service, according...

Visa launches program to help transit agencies with contactless payments

Visa has launched Visa Global Transit Solutions, a program designed to accelerate the use of open-fare contactless systems for mass transit commuter worldwide, according to a press release. "Visa played an important role in partnering with Transport for London," Michael...

BNP Paribas intros WeChat Pay to Paris merchants

BNP Paribas is introducing WeChat Pay to retailers in France and subsequently across Europe, thus underlining its determination to support retail sector clients wishing to attract Chinese customers, according to a press release. BNP Paribas said it initiated the rollout...

Visa helps to bring contactless wearables to upcoming Winter Olympics

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, has introduced three commercially available wearable payment devices that fans and athletes will be able to use at venues during the Games in South Korea. "We are looking...

NCR partners with Samsung on POS device

NCR, in collaboration with Samsung Electronics America Inc., has launched NCR Silver Quantum, an all-in-one point-of-sale commerce station featuring an integrated payment device with mobile wallet acceptance capability, customer display, loyalty scanner and Samsung Galaxy tablet. The Silver Quantum commerce...

Wirecard helps Orange Bank launch new mobile banking, payment product

Financial technology company Wirecard is the provider behind Orange Bank's all-in-one mobile banking and payment product, according to a press release. France-based Orange Bank will provide customers with a bank account, a debit card, overdraft protection and an interest-bearing savings...

Japanese companies test new mobile payments service

Mizuho Financial Group Inc. and Mizuho Bank Ltd. have begun proof-of-concept testing for what they call pring, a wallet app for smartphones. Pring Inc., a member of the Metaps Inc.

Rambus collaborates with Samsung Canada, Interac to deliver Samsung Pay in Canada

Rambus, a company that provides digital security, semiconductor and IP products and services, is teaming with Samsung Canada and Interac Association/Acxsys Corp., the organizations behind Canada's leading payment brand, to help enable Interac Debit on Samsung Pay in Canada. The...

First Data expands availability of Clover via Apple retail stores

First Data has announced new initiatives with Apple designed to broaden the distribution of First Data's Clover devices and accelerate the expansion and digital transformation of Apple Pay, according to a press release. First Data's Clover Go device, an EMV...

Study: Invisible payments like Amazon Go can help retailers grow revenue

A new Juniper Research report reveals smart store technologies will spur over $78 billion in annual transaction revenue in the next five years. These technologies, such as Amazon Go and what the report describes as "invisible payment" tech, are ideal...

Contactless uptake in UK dooms charity cash donations

The switch to contactless cards in the U.K. comes at a cost to the beneficiaries of charity, a new study shows.

Toronto's Dream Payments partners with IBM to bring mobile offerings to US

IBM announced it is teaming up with Toronto-based fintech company Dream Payments to bring what it calls new revenue generating mobile payment offerings to financial institutions and merchants in the U.S. via the IBM Cloud, according to a press release....

Alipay comes to Las Vegas, NYC taxis

Verifone and Alipay have announced the extension of their existing global partnership to Verifone Taxi Solutions, according to a press release. Through the agreement, Chinese consumers traveling in New York and Las Vegas will be able to pay for taxis...

Hong Kong companies to explore multi-currency NFC mobile payments

Two Hong Kong companies are working together to explore the technological and regulatory viability of promoting multi-currency NFC mobile payments in the Greater Bay Area of Zhuhai, Hong Kong and Macau, in order to boost e-commerce, business trade and tourism...

Elavon brings Poynt mPOS to Canada

Elavon and California-based Poynt are bringing Poynt's Smart to businesses across Canada, according to a press release. Poynt is a wireless, dual touchscreen, smart terminal that debuted in 2013. "Poynt makes the payment experience easy and engaging for customers, which...

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The many faces of mobile payments