Mobile Money Transfer Services to top $5bn by 2013
Global service provider revenues from mobile money transfer services and remittances will exceed US$5 billion globally by 2013, Juniper Research. These revenues will consist of commissions and fees ge...
TrialPay Scheme Converts Free Downloaders
U.S online payment platform provider TrialPay has come up with a novel way to convert free-downloaders into buyers for its merchant clients. These e-retailers give their products away for free if they...
Philippines Pension Scheme Uses Voice Biometrics
The Philippines government has rolled out voice biometric technology for its GSIS (Government Service Insur...
A major upgrade of non-cash payment systems for Australian taxi cabs is scheduled to start in October 2008. Cabcharge, which provides...
Banco do Brasil (BB) has signed contracts with two financial software vendors to upgrade its core banking systems.
CanadaÆs TD Waterhouse Discount Brokerage
An anti-spam email service provider says that Royal Bank of Scotland (RBS) has emerged as the favorite target of phishers attacking UK financial institutions, although the bank disputes the assertion....
U.S bank Wells Fargo has written to 5,000 individuals, informing them that their personal data has been illegally accessed. The stolen ...
VenezuelaÆs Banco Occidental de Descuento (BOD) will replace its legacy payment platform with a multi-channel system Police Bust UK Card Fraud Factory
The Dedicated Cheque and Plastic Crime Unit (DCPCU), a special police unit that tackles UK card fraud, raided a sophisticated counterfeit card factory in Birmingham. Two people were arrested in connec...
Hundreds of Irish credit cardholders have had their cards cancelled following a security breach at an Irish online retailer, the Irish Examiner reports.
MoneyGram International has purchased MoneyCard World Express and Cambios Sol, tw...
Seven Bank
China Merchants Bank (CMB) is to use PerSayÆs FreeSpeech voice authentication system to verify the identity of customers phoning its call centres.
TranSys, the consortium that operates London's Oyster transit card system is to have its ú100 million (US$190 million) annual contract terminated five years early, Transport for London (TfL) says.
Commerce Media, a Carlisle, UK-based software firm, has launched Celo, an Internet two-factor authentication system. The software-on...
Processa, a Latin American systems integrator and electronic funds transfer (EFT) processor, is using InetcoÆs Insight software to perform real-time monitoring and analysis of point-of-sale (POS) tran...
A man has been arrested in Canada for using Internet auctions of vintage automobiles to steal hundreds of thousands of dollars from victims in the U.S and Sweden.
Absa has launched a Visa prepaid debit card in South Africa that targets unbanked and underbanked consumers. The bank, which is owned by th...
Obopay, a U.S mobile payments firm, has teamed up with microfinance technology spe...
Australian Cabs Going Contactless
Banco do Brasil Upgrades Core Banking Systems
Canadian Brokerage Rolls Out Biometric Voice Authentication
RBS Top UK Phishing Target in Q2 2008
Consumer Data Compromised in Wells Fargo Breach
Venezuelan Bank Chooses Postilion Payments Platform
Credit Card Fraud Hits Irish Consumers
MoneyGram Buys Spanish Money Transfer Firms
Japanese Bank Expands ATM Network
China Merchants Bank Installs Voice Biometrics
End of the Line for London Transit Card Operator
UK Firm Launches 2-Factor Authentication Software
Colombian Processor Using Canadian EFT Software
Canadian Mounties Get Suspect in Auction Fraud
Prepaid Card Targets South African Underbanked
Obopay, Grameen Aim for Billion Microfinance Customers