Bank of Ningbo has successfully gone live with a multi-vendor open ATM software platform from NCR Corporation. The bank’s fleet of more than 500 ATMs are running on NCR APTRATM Edge, a multi-vendor software application, and the network has been migrated to be compliant with EMV1 (PBOC 2.02) card payment standards. NCR has installed its
MasterCard and The Leading Hotels of the World announced an agreement to provide MasterCard cardholders offers at participating hotels globally. As the largest luxury hotel collection, with more than 430 of the world’s greatest properties in over 80 countries, Leading Hotels is uniquely aligned with MasterCard’s Priceless Cities program to offer memorable travel experiences. All
ABI Research forecasts that cumulative online ID and authentication shipments into the banking market vertical will total 1.6 billion in 2018; an increase of 945% when compared to 2012. Cumulative shipments include secure USB tokens, standalone OTP generators, portable smart card readers, and mobile device software applications. Of the 2018 shipment total ABI Research forecasts
MasterCard and Visa Inc. announced an agreement to license their respective common U.S. debit solutions to each other to meet the industry need for a streamlined approach to route U.S. chip debit transactions over multiple, unaffiliated networks. Visa and MasterCard have made certain proprietary EMV chip technologies available to each other and other networks, enabling
The ATM Industry Association (ATMIA), the only global non-profit association for the ATM industry, today paid tribute to the work of hacker Barnaby Jack, who died unexpectedly in San Francisco last week. “Many of us in the ATM industry are saddened to hear of the passing of Barnaby Jack at a relatively young age,” commented
With the global economy still struggling, businesses and exporters can help increase their revenue by waking up to cross-border sales opportunities as revealed by new PayPal and Nielsen data released today. The report titled ‘Modern Spice Routes: The Cultural Impact of Cross-Border Shopping’analyzes cross-border online shopping and spending behavior in six major markets — the United
MasterCard fully supports the European Commission’s goal of encouraging more secure, efficient, competitive and innovative electronic payments, which will enable consumers, retailers and other key stakeholders to enjoy the full benefits of the EU internal market and pledges to work with the Commission to achieve this goal. Javier Perez, President of MasterCard Europe, said: “While
Mobile payments provider Fortumo has announced direct carrier billing agreements with China Unicom and China Telecom. Together with an earlier partnership with China Mobile, Fortumo is now the first and only mobile payments provider who can provide mobile operator billing for in-app purchases to all 1.15 billion mobile phone subscribers in China. “China is already the largest
Wincor Nixdorf AG recorded growth of 8% in net sales and of 33% in operating profit (EBITA) during the first nine months of the current fiscal year 2012/2013. The provider of hard- and software for retail banks and retailers saw net sales for the Group rise to €1,841 million in the reporting period (previous year:
Identive Group, Inc. a provider of products, services and solutions for the identification, security and RFID industries, announced preliminary results of its second quarter (Q2) ended June 30, 2013. These results are subject to further review and completion by the Company and its auditors. Identive intends to hold a conference call and webcast to discuss
