Spire Payments announced the acquisition of the EFT (Electronic Funds Transfer) division of STS. One of the most well established and respected businesses of its type in the Middle East, STS provide POS payment devices and associated services to more than forty customers across UAE, Saudi Arabia, Kuwait, Jordan, Qatar, Lebanon, Egypt and Oman. The
Retail bank experts from Wincor Nixdorf will discuss new solutions for branch transformation at a specialist conference in London early next month. Branch Transformation 2014 is an exclusive, invitation-only conference hosted by Retail Banking Research (RBR) for around 300 bank executives responsible for developing future branch formats and processes. The event, from December 2 to
NCR Corporation, the global leader in consumer transaction technologies, announced that Citymarket, a chain of small grocery stores owned by PRV STORES PY SA, has opened ten stores in Asuncion, Paraguay and plans to open four more by year’s end featuring NCR technology at the point of service. As part of the agreement, Citymarket is
American Express is expanding its presence in major domestic airports, announcing it will open The Centurion Studio at Seattle-Tacoma International Airport in 2015. Like The Centurion Lounges, The Centurion Studio will be a retreat for Card Members but in a smaller space, featuring some of the amenities Card Members say are most essential: comfortable seating,
FICO , the leading provider of analytics and decision management technology, announced that card-not-present (CNP) fraud accounted for three-quarters of card fraud cases and fraud losses in the UK from 2012-2014, based on the payment cards in the FICO Falcon Fraud Consortium for Europe. Despite the dominance of CNP fraud, UK issuers have used anti-fraud
Wincor Nixdorf, a leading retail and banking IT solutions provider, has been selected by Travelex to provide payment processing services for its ATMs for another seven years and will support Travelex as it undertakes a period of business growth. As Travelex’s strategic payment processing provider, Wincor Nixdorf will continue to provide payment processing for ATMs
ImageWare Systems, Inc., a leader in mobile and cloud-based, multi-modal biometric identity management solutions, announced that their GoVerifyID software application will be demonstrated within an omni-channel workflow transacting with the FUJITSU Retail Solution Market Place. The demo, with GoVerifyID identity authentication running on the FUJITSU Cloud IaaS Trusted Public S5, will be shown at next
Allied Payment Network, a provider of online and mobile bill payment services to the financial industry, announced at the 2014 BAI Retail Delivery Conference & Expo the availability of BizPay, a small business payments solution that enables organizations to make bill payments, send payroll funds electronically, transfer funds to an external account, and email electronic
The Merchants Payments Coalition will host a briefing for members of Congress, their staffs and the press from noon to 1 p.m. Monday, Nov. 17 in room 562 of the Dirksen Senate Office Building. A panel of experts moderated by Steptoe & Johnson Partner Douglas Kantor will help attendees understand the past and prepare for
With the October 2015 deadline for conversion to the EMV chip technology system less than a year away, banks and issuers are ratcheting up promotion of EMV enabled cards through enhanced customer communication and a shift in messaging within their credit card acquisition efforts. Chicago-based Competiscan has observed dramatic increases in direct mail acquisition offers
