The REWE Group, a diversified trading, travel and tourism group with turnover of 50 billion euros, is always testing new ways to make its IT systems more energy-efficient. The most recent example is the deployment of extremely low-power POS terminals. Over the next three to four years, the group will collaborate with its IT solutions
Earthport, the UK listed cross-border payments service provider, today announced the roll out of a fully automated payment service into Morocco. According to the release Morocco is one of the top remittance destinations on the African continent and the second largest remittance country in North Africa with an estimated $6.4 billion worth of payments received in
ROAM, an Ingenico company and mobile commerce platform provider, and iPayment, Inc., a leading acquirer (and a registered ISO/MSP of Wells Fargo Bank, one of the USA’s largest banks), announced a new program in which iPayment will use ROAM’s mobile commerce platform to deliver a suite of mobile point of sale (mPOS) solutions to its merchants
Vantiv, Inc. announced today a strategic relationship with NCR Corporation, to bring mobile point-of-sale (POS) and payments solutions to the small business market. Vantiv services nearly 400,000 merchant locations across the US and is the No. 1 PIN Debit processor and third largest overall acquirer in the United States by total number of transactions. Research by
Amazon has announced that customers can now use Amazon Coins to purchase apps, games and in-app items in the Amazon Appstore and on Kindle Fire. To celebrate the launch, existing and new Kindle Fire customers in the U.S. have had 500 free Coins—a $5 value—deposited into their Amazon accounts. For customers, Amazon Coins is an
CitiDirect Banking Evolution, Citi’s institutional online or e-banking platform, has again been ranked number one in Greenwich Associates’ Online Services Benchmarking study. This is the fifth consecutive year that Citi has received this distinction in the study, which gauges “Best of Breed” features/functionality in the online/electronic channel that differentiate treasury/cash management providers globally as well
Visa Inc. announced a processing enhancement for Visa Offers, a solution that enables Visa issuers, acquirers and merchants of all sizes to deliver targeted rewards to Visa cardholders. The enhanced service has the potential to eliminate paper coupons, allowing consumers, who opt in, to earn points and discounts as well as redeem special offers instantly
MasterCard announced two appointments in the Asia/Pacific, Middle East and Africa (APMEA) region: Robert Keenan will be taking on the role of Asia/Pacific Region Lead for Debit and Jason Tymms will take over as Prepaid Lead for the Asia/Pacific, Middle East and Africa region. Rob, who has been with MasterCard since March 2005, will be
A four-count federal indictment was unsealed in Brooklyn, USA charging eight defendants with participating in two worldwide cyberattacks that inflicted $45 million in losses on the global financial system in a matter of hours. The defendants allegedly formed the New York-based cell of an international cybercrime organization that used sophisticated intrusion techniques to hack into
Mobile POS (point of sale) acceptance is attracting small merchants to big-box retailers, posing a growing threat to traditional terminal-based solutions and vendors. Javelin Strategy & Research released the firm’s first “Mobile Point of Sale (POS) Business and Market Impact 2013″ report, which provides a market sizing of the US merchant marketplace and comparisons among 14
