Friday, May 13, 2011

Cards International News for the Week of May 9th - 13th 2011


Leveraging trust in FIs to drive m-payments adoption

Leveraging trust in FIs to drive m-payments adoption

Consumers are looking for the trust of a financial brand and familiarity of a mobile brand if they are to adopt m-payments, according to a study by market research agency GfK NOP.Free
DOJ blocks VeriFone acquisition of Hypercom

DOJ blocks VeriFone acquisition of Hypercom

The US' Department of Justice (DOJ) has filed a civil antitrust lawsuit intended to block the acquisition of e-payments solutions provider Hypercom by rival VeriFone worth $485m.Free
Cards & Payments Awards 2011 – Finalists announced

Cards & Payments Awards 2011 – Finalists announced

The shortlist for this year’s Cards & Payments Awards have been revealed. Marks & Spencer, Lycamoney and Facebook are among the companies vying for this year’s honours.Free
Google casts doubt on NFC m-payments

Google casts doubt on NFC m-payments

Google casts a long shadow over the future of m-payments using near-field communication (NFC) technology as its developers effectively write off card emulation as the way forward.Free
Visa announces digital wallet plans

Visa announces digital wallet plans

Industry insiders question merchant enthusiasm for Visa Inc’s plans to launch a cross-channel digital wallet in the US and Canada during the autumn months of 2011.Free
FreeMonee launches new gift network

FreeMonee launches new gift network

A new gift network has been launched that enables merchants to give their customers “cash gifts” straight onto their credit and debit cards.Free
7-Eleven launches money transfer service

7-Eleven launches money transfer service

Money transfer company Ria Financial Services and cash-payment network PayNearMe have teamed up to launch a money transfer and bill payment service across 5,000 US locations of convenience store chain 7-Eleven.Free
Carta integrates MasterCard's MOTAPS

Carta integrates MasterCard's MOTAPS

Payments solutions provider Carta Worldwide has integrated a MasterCard platform for near-field communication (NFC) programmes, claimed to a processor first.Free
Visa boosts presence in Egypt

Visa boosts presence in Egypt

Visa is planning to expand its operations in Egypt in a bid to drive its growth across North and West Africa.Free
Card fraud more concerning than terrorism

Card fraud more concerning than terrorism

Payment card fraud is the prime concern for consumers in UK, ahead of concerns over physical security – such as terrorism – says IT services firm Unisys’ security index.Free
SPA reports 18% increase in EMV shipments

SPA reports 18% increase in EMV shipments

Global shipments of EMV-enabled payments cards grew 18% to 798m in 2010, according to the Smart Payment Association (SPA).Free

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