Cuscal Limited, one of Australia’s leading providers of end-to-end payments, has announced plans to acquire Strategic Payments Services Pty Ltd, subject to shareholder approval. If the transaction is approved it will cement Cuscal’s unique market position as the only independent ADI licensed wholesale payments company to deliver banking capabilities and payments solutions across the entire
Worldline, the European leader in the payments and transactional services industry, has entered into a partnership agreement with Alpha Card Merchant Services, allowing Worldline to acquire merchants onto the American Express network in Belgium. Alpha Card Merchant Services is a subsidiary of Alpha Card, a joint venture company between American Express and BNP Paribas Fortis
Payment Processing specialist Vogogo Inc. announced a signed agreement that will provide its customers access to the Interac Online payment network. Interac Online is a transfer and payment service made available to Canadians who bank online with Canada’s largest banks: BMO, Scotiabank, TD Canada Trust and RBC Royal Bank. It has recently gained traction as
VeriFone Systems, Inc., announced that Phoenix Managed Networks has completed the deployment of VeriFone’s next-generation IntelliNAC i6 network access controller to Phoenix’s PCI compliant transactions network. IntelliNAC has been certified by select payment processors on the Phoenix network and is now processing nearly one hundred million transactions a month. “With VeriFone networking solutions designed specifically
PagBrasil, the premier online payment processing service for Brazil, just announced Boleto Express, an enhanced form of the popular Brazilian payment method boleto bancário. Although credit and debit card payments continue gaining ground in online payments, boleto bancário still accounts for more than 30% of all online payments in value. Business clients, in particular, prefer
South African Company Wallettec is excited to announce a new partnership with BitPay, one of the largest Bitcoin payment processing companies and Bitcoin Payments, a South African BitPay Affiliate. This now enables Bitcoin transactions in the Wallettec system, making it instantly available to any payment system that is integrated with Wallettec. A first in South
VeriFone Systems, Inc., announced RubyCi, an integrated site controller and point-of-sale (POS) solution that combines features of its Ruby2 POS system and Commander Site Controller. The solution will enable average-sized convenience stores and petroleum retailers to more efficiently manage their POS, payment and fueling systems and prepare their payments infrastructure for EMV. Larger convenience stores
FNB and Visa once again joined forces to launch their 10th Annual Card Security Week (CSW) and announced a 15% reduction in credit card fraud. Columinate, an independent research company, was commissioned to research fraud awareness and card fraud trends in South Africa. “We found that while the overall awareness of card fraud is very
ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced a strategic partnership with Shaw Systems Associates, Inc., one of North America’s largest financial technology companies. The partnership will enable Shaw’s clients to facilitate loan payments for their millions of consumer customers. With the partnership, Shaw’s clients will gain access to ACI’s
National Bank of Fujairah (NBF) PJSC announced the launch of NBF Islamic, a service proposition that seeks to provide clients with a comprehensive suite of Shariah-compliant financial solutions. Initially, NBF Islamic will offer a suite of retail banking products catering to key customer financial requirements. All NBF Islamic products and services are competitively priced and
