22 articles tagged with this keyword
News/regulation
Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers.
11 July 2024
News/payments
Germany's Giesecke+Devrient (G+D) has unveiled a token-based system for secure offline payments.
04 July 2024
The European Payments Initiative (EPI) has launched its mobile-first wallet and instant account-to-account payments system in Germany, with other counties set to follow in the coming months.
03 July 2024
A US district court judge has rejected an agreed $30 billion settlement over swipe fees between the two major card schemes and US merchants partially on the grounds that Visa and Mastercard have the financial armoury to pay "substantially" more.
01 July 2024
EU payment gateway Computop is calling on merchants to join pilot trials of the bank-backed European Payments Initiative's wero wallet scheme.
26 June 2024
Wearable paytech provider MuchBetter has launched a contactless payments ring in Italy that is free - as long as users load it with €100 through the associated app.
Mexican payments and commerce firm Clip has raised $100 million in a financing round joined by funds managed by Morgan Stanley Tactical Value and an unnamed fund manager.
19 June 2024
News/crypto
Existing point-of-sale terminals in the UK could be used to initiate digital pound payments, according to research from the Bank of England.
14 June 2024
Google is killing off Fitbit Pay in most countries and moving users over to its Google Wallet system.
02 May 2024
EC antitrust regulators are set to approve an offer from Apple to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers, according to Reuters.
22 April 2024
Cloud tokenisation provider TokenEx has agreed a merger with payments orchestration platform Ixopay. Financial terms were not disclosed.
18 April 2024
Amazon is removing its cashierless "Just Walk Out" technology from its Fresh grocery stores in the US.
03 April 2024
The UK is approaching a seismic shift in how people pay, with digital wallets set to comprise half of all e-commerce spend and nearly a third of POS transaction value by 2027, according to a report from Worldpay.
21 March 2024
Revolut has rolled out a Point-of-Sale iPad application for businesses in the hospitality industry.
19 March 2024
Italian banking group Cassa Centrale has entered into exclusive negations with Worldline for a long-term payments partnership.
15 March 2024
JPMorgan Chase is planning a broad roll out of biometric payments with US retailers by early next year, enabling shoppers to make purchases by scanning their palms or faces.
14 March 2024
ChargeAfter, an embedded lending provider for point-of-sale financing, has launched a hub that lets banks create, manage, and distribute any lending product from one centralised platform.
05 March 2024
Shares in French payments processor Worldline slipped in early morning trading after the company reported a net loss due to a €1.15 billion impairment charge in merchant services and a deteriorating outlook.
28 February 2024
Google is rejigging its mobile payments services again, killing off Google Pay in the US in favour of Google Wallet.
27 February 2024
Restaurant POS fintech Toast is axing 550 jobs - 15% of its workforce - as part of a cost-cutting restructuring plan.
21 February 2024
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