Verifone Introduces EZ-Receipt, Enabling a Seamless Payment Experience at the Pump

Verifone has introduced EZ-Receipt, a software cloud-based technology that seamlessly generates an electronic receipt at the pump, creating a fast and simple pay-and-go payment experience. Additionally, EZ-Receipt reduces merchant operating costs and paper waste, as well as inconvenience associated with maintaining trouble-prone gas pump printers. “Because of our dominant market share, EZ-Receipt is an example

Comviva Announces Foray into Banking CVM with Machine Learning & AI Platform

Comviva, a global provider of mobility solutions, has announced its foray into banking customer value management (CVM) by entering into a new partnership with Number Theory, an Artificial Intelligence and Enterprise Data Management firm. The partnership allows Comviva to enhance its MobiLytix Real Time marketing solution with new machine learning and AI capabilities built on

Ingenico Group to Join Visa Ready for Transit Programme

Ingenico Group, a global provider of seamless payment, is proud to join Visa Ready for Transit programme and to collaborate with the Visa Global Transit team, ticketing integrators and transit operators to create the best experience for public transport users. Preparing the launch of its dedicated hardware and service solutions for 2019, Ingenico has joined

Cotton On Group Partners With Adyen to Advance Global eCommerce Rollout

Adyen has announced a partnership with the Cotton On Group. With this partnership in place, Adyen is helping to power eCommerce payments for the Cotton On Group brands including Cotton On, Cotton On KIDS, Cotton On BODY, Rubi, Supré, Factorie and Typo on a global scale. The Group selected Adyen in late 2017 and rolled

PayPal Completes Acquisition of iZettle

PayPal Holdings, Inc. has announced that it has completed its acquisition of iZettle for approximately $2.2 billion USD. This transaction builds on PayPal’s strong set of products and services for small businesses and is intended to help accelerate growth and deliver a seamless commerce experience for merchants. “We’re thrilled to welcome the iZettle team to

Retailers Say New Settlement Proposal Still Fails to Bring Billions in Credit Card Swipe Fees Under Control

The US National Retail Federation has said a proposed new class action settlement, which purports to resolve claims that Visa and MasterCard set credit card swipe fees in a multi-billion dollar price-fixing scheme, largely resembles part of an agreement that both a federal appellate court and the retail industry had already rejected. “The monetary settlement

Gemalto and R3 Pilot Blockchain Technology to put Users in Control of their Digital ID

Who are you, and can you prove it? The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured answers to these simple yet critical questions. By creating and managing their own ‘Self-Sovereign’ Digital ID, users can enroll with a host of different digital banking, eCommerce and eGovernment services,

SWIFT gpi to Provide Payment Message Error Detection and Upfront Fee Transparency

SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers. More than 50% of SWIFT gpi payments are credited to the beneficiary in less than 30 minutes and many

India Post Payments Bank Deploys FSS Payment Stack to Scale Financial Inclusion

India Post Payments Bank, the country’s largest digital-first bank is leveraging Financial Software and Systems (FSS), a leader in payments technology and transaction processing systems, through their Payments-in-a-Box solution to bring a wide range of affordable, quality banking and payment services to financially underserved customer segments – especially rural households, small and medium enterprises and

Hungarian Instant Payments Project Progressing as Planned

In less than a year from now, on 1st July 2019, the instant payment system of Hungary will go live – fundamentally changing the way Hungarians make payments. The implementation of the instant payment system is an historic step not only for GIRO, a leading provider of services to financial institutions in Hungary, but for