Cubic Transportation Systems, Transport for London (TfL) and Barclaycard have received another major honor for London’s contactless bankcard payment system, after winning the prestigious ‘Operational and Technical Excellence’ award at the 2015 UITP (International Association of Public Transport) closing award ceremony in Milan.
Nearly one-half of smartphone bankers are banking from their mobile phones in the bedroom. Additional findings show 30% bank while in the bathroom and 13% while driving. Among online smartphone shoppers, 4% of them are shopping on their mobile phones while crossing the street or standing in line (18%).
DB Card Services in the Netherlands has issued the 1.3 millionth Card Issued by Prepaid Financial Services. The DB Card is a Euro Prepaid MasterCard launched in 2013 by PFS and DB Cardservice, an innovative payment provider and distributor based in Netherlands.
P2P (person-to-person lending) lending volumes are equivalent to only a small fraction of the lending undertaken by traditional financial institutions, but P2P lending platforms can be viewed as an interesting development but not a competitive threat to traditional lenders. However, the emergence of P2P lending is a valuable new source of financing in the post-2008 global economic and financial world and has the potential to close the credit gap.
Belgians can put the entire content of their wallet in MasterPass, a digital platform launched by MasterCard and implemented by Buy Way. Thanks to this digital wallet there will be no more waste of time looking for payment and loyalty cards, giving consumers the ability to make transactions in an easy and seamless way.
Powa Technologies announced the integration of intelligentpos, the iPad based point-of-sale app with its PowaPOS retail payments platform. The partnership between these two companies will accelerate availability of advanced, all-in-one tablet-based POS solutions for retail and hospitality companies in the UK as well as internationally.