UK consumers are set to spend £1.26bn on their Visa cards on Saturday 22nd December, making it the busiest high street shopping day of the year, according to analysis by Visa Europe. The payments giant expects to process 31.9 million transactions on this day alone....
VeriFone Systems has been sued for over $250 million by Creative Mobile Technologies LLC over an agreement to advertise on screens in New York taxis, reports Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Poland’s Alior Bank and IT business services provider Comarch have signed a agreement to offer mobile banking service’s to the bank’s clients. The new service will allow users to access their bank account information and carry out basic transactions such as transfers, card repayments and...
Proxama, NFC, mobile wallet and mobile marketing technology provider has announced a partnership with SMARTRAC, a developer manufacturer and supplier of RFID transponders and inlays to develop NFC-based campaigns. The partnership is expected to work with consumer-facing brands and agencies from early 2013. Both companies...
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Russian bank Svyaznoy Bank has announced a partnership with Gemalto to launch prepaid card services in the country. The Gemalto prepaid solution is certified by MasterCard and Visa and thus will be accepted at any location which processes these two payment brands. Get the Full...
Natwest and the Royalb bank of Scotland have set aside the hefty sum of £10 million to refund customers who forgot their cash at ATMs. Instead of crediting the money into the customer’s account automatically, the two banks diverted the money to its ‘reserves’ account...
The Swedish Pirate Party has pressed charges against Swedish banks for their discrimination against WikiLeaks. The pirate party says the blockade is a threat against freedom of opinion and expression. The decision to file formal charges is part of the party’s decision to push regulation...