News


FIS Unveils $1 Fee ATM Program (Dec. 10, 2012)

Dec. 10, 2012 Banking and payments technology provider FIS has unveiled a new program the company says will save ATM users from high convenience fees, while increasing traffic and earnings for ATM owners. FIS’s new DOLLAR$TOP limited surcharge program enables consumers to access ATMs across the U.S. with a guaranteed $1 convenience fee limit. Available […]

Optimal Continues Prepaid Push with MasterCard Pact in Europe (Dec. 10, 2012)

Dec. 10, 2012 Just months after becoming an issuer of prepaid cards, global online payments provider Optimal Payments has taken another step into the prepaid arena, inking a deal with MasterCard International Inc. in a bid to expand the company’s presence in the European prepaid market. The collaboration will be based around Optimal’s Net+ MasterCard […]

Square Inc. Adds Smartphone Gift Cards to Wallet (Dec. 10, 2012)

Dec. 10, 2012 Small merchants that accept Square Wallet are hoping to get a holiday sales boost from Square Inc.’s introduction this week of digital gift cards. San Mateo-based Square’s latest offering enables smartphone users to purchase a gift card from 250,000 merchants participating in Square Wallet, and pay using any card. Consumers buying Square […]

Asperity Selects Giftango Platform for U.S. Rewards Programs (Dec. 10, 2012)

Dec. 10, 2012 Asperity Employee Benefits, a U.K.-based employee benefits provider, has chosen Giftango Corp. to manage and fulfill e-gift cards for Asperity’s recently launched rewards program in the United States. The partnership enables Asperity and its Web-based benefits platform to provide customers with a wider selection and instant delivery of e-gift cards through the […]

Cardfree’s Mobile Vets Launch Mobile Merchant Platform (Dec. 10, 2012)

Dec. 10, 2012 San Francisco-based startup Cardfree has launched a white-label mobile platform providing merchants with the ability to implement personalized offers and promotions, mobile payments, loyalty programs, social media engagement and data analytics, among other capabilities designed to drive incremental visits, larger ticket size and greater consumer engagement. The goal of Cardfree is to […]

Banking Technology Awards 2012 – The Winners

At a gala event in London this week, industry luminaries gathered for an evening of entertainment and excitement as the winners of the 2012 Banking Technology Awards and Readers’ Choice Awards were announced. Comedian Simon Evans (left) kept the audience on the edge of their seats with an acerbic and hilarious routine before being joined on stage […]

ECB tweaks T2S migration schedule

Despite delays and arguments over migration, the European Central Bank’s T2S project to improve Europe’s post-trade infrastructure is now back on track, according to senior industry participants.

EU businesses “unprepared” for SEPA, warns survey

Europe’s businesses are unprepared for the arrival of the Single Euro Payments Area in February 2014, with many completely unaware of its consequences, according to new research by IT business services provider Steria.