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MasterCard-branded national eID card launched in Nigeria

29 Aug 14 @ 13:16

Nigeria’s national eID card scheme has been officially launched. In the pilot phase, the Nigerian Identity Management Commission (NIMC) will issue MasterCard-branded identity cards with electronic payments functionality to 13... read more

Ukash partners with Singapore’s YuuPay

29 Aug 14 @ 13:10

Global online cash payment provider Ukash has partnered with YuuPay, the Singapore-based payment service provider. The agreement will enable around 400 merchants already using the YuuPay system in Asia, Australia... read more

CaixaBank to invest €500m in next-generation ATMs

27 Aug 14 @ 11:57

Spain’s CaixaBank has signed an agreement with ATM manufacturer Fujitsu to manufacture 8,500 new terminals featuring cutting-edge technology and to innovate jointly on a global scale. The new ATMs are... read more

BPC SmartVista selected for Ethiopian national payment system

27 Aug 14 @ 11:54

BPC Banking Technologies, a global provider of open system payment solutions, has been selected by Ethiopia’s EthSwitch to power its national switching operations in Ethiopia. BPC’s SmartVista solution was selected... read more

IBM and Monitise form global alliance

27 Aug 14 @ 11:52

IBM and global mobile banking solution provider Monitise have announced a global digital commerce and resourcing alliance. Aimed at leveraging both companies’ mobile banking, payments and commerce technology, this alliance... read more

TIS Americas, Allied Payment Network team on mobile bill payments

19 Aug 14 @ 15:46

Top Image Systems, a provider of enterprise content management and business process management solutions, and a mobile imaging platform provider, has forged a long-term transaction-based deal with Allied Payment Network... read more

Oberthur Technologies acquires NagraID

19 Aug 14 @ 15:39

Digital security specialist Oberthur Technologies has signed an agreement to acquire display card manufacturer NagraID Security. Oberthur will acquire a 100% equity stake of NagraID Security from the Kudelski Group... read more

Square to extend cash advance service

19 Aug 14 @ 15:35

mPOS player Square is extending its small business cash advance financing programme after securing investment from Victory Park Capital. The Square Capital programme is aimed at small businesses using its... read more

Heartland acquires mPOS firm Leaf

15 Aug 14 @ 13:27

Payment processor Heartland Payment Systems has acquired Leaf, a US-based mPOS start-up. Financial terms of the deal were not disclosed. Heartland initially paid $20 million for a majority stake in... read more

Venture capital funding for payments on the wane

21 Jul 14 @ 15:57

Despite a slew of funding rounds for payment industry start-ups over the last few years, venture capital providers are backing away, according to data from CrunchBase. The research firm found... read more

ACI Worldwide acquires anti-fraud specialist ReD

21 Jul 14 @ 15:52

Global payment solution vendor ACI Worldwide is to acquire UK-based payment fraud prevention outfit Retail Decisions (ReD) for $205 million in cash. ReD’s suite of products includes solutions for merchants... read more

RS2 signs top global payments processor

12 Jun 14 @ 13:32

RS2 Software, the company behind the comprehensive, high-performance and high-availability card management solution BankWORKS, has announced a major license and services agreement with a global payments processing company. The comprehensive... read more

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Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more