Bitcoin ATMs Deployed in a Commercial Bank – a First in LAC

Cryptobuyer, a leading cryptocurrency and Latin American (LAC) digital asset specialist, Cryptobuyer, is the first company to install Bitcoin ATMs (BTMs) in a commercial bank. Two of its BTMs are now installed in the premises of Banistmo Bank’s headquarters. The installation of BTMs followed the recently-concluded Panamanian Association of Fintech event. Cryptobuyer was one of the…

Recurring Payment Failure Drives eSubscription Payments Involuntary Churn

In the e-business world losing existing customers to involuntary churn is the quiet culprit of profit loss, since it costs two times more to acquire a new subscriber than to keep an existing one. Recurring payment failure is the primary cause of involuntary churn, driven by insufficient funds, credit card limits, credit card expiration or replacement,…

FLEETCOR Creates President of Global Fuel Cards

FLEETCOR Technologies has ankled Steve Greene to President of Global Fuel Cards, a newly-created position for the company. His appointment is effective immediately, and he will be based at the FLEETCOR global headquarters in Norcross, Georgia. Greene will be responsible for developing and executing the growth strategy for FLEETCOR’s global fuel card product line. In his…

JCB Expands Issuance & Acceptance in Sri Lanka via LankaPay & NCS

The Central Bank of Sri Lanka has inked a partnership with Japan’s JCB to establish the National Card Scheme (NCS) to introduce the issuance of LankaPay-JCB co-branded cards and to jointly promote the acceptance of such cards with JCB payment solutions. By integrating JCB payment solutions to LankaPay participant members and leveraging the planned interconnection…

Processors Not Fintech Startups Most Likely to Disrupt the Payments Industry

While all new technologies will be important to their business in the next two years, the majority of CFOs say they are most concerned with mobile payments and mobile capabilities to manage and approve payments (55%), with blockchain a close second (54%), followed by cloud payments (48%) and data mining (46%). Despite the buzz around…

Bankers Behind the Eight Ball on Formal Payments Strategy

Nearly nine of 10 bankers admit their bank does not have a formal payments strategy. Of those, only 46% have plans to develop a formal payments strategy. Furthermore, 36% of respondents characterize their bank’s approach to payments strategy as “fast follower,” while 54% said their bank takes a “wait and see” approach. Only 3% consider…

Fully-Integrated, Linux-based Portable mPOS Platform Taken to a Higher Level

Verifone has launched two new portable and mPOS products: Verifone V240m & Verifone e285. Both devices are commerce-enabled and certified with the highest level of global security, PCI 5.0. This important certification, granted by the PCI Security Standards Council, ensures strong device protection for cardholder payment data and ensures the strongest possible protection in a…

Software Only Card Payment mPOS App Now in Extended Beta


The first UK technology app enabling micro-businesses to take physical card payments using smartphones without any additional dedicated hardware is not far off. Worldpay announced the launch of the first ever extended-trial of a software only card payment mPOS (mobile point of sale). My Business Mobile will allow businesses to download an app and accept…