Sunday, May 21, 2006

SEPA time: Germans do interconnection pilot....

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While the Belgians simply eliminate their local scheme in order to gain EU-wide acceptance by choosing Maestro, the Germans choose to pilot ...
Saturday, May 20, 2006

Belgium chooses for Maestro to replace local brand

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Belgian newspaper Standaard informs us that Febelfin, the Belgian Finance Federation, and Banksys, operator of the entire Belgian debit car...

Japan's Seven-Eleven operator to launch e-money service and multi-accepting terminals

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Taken from this google alert : Seven & I Holdings Co. (3382.TO) said Friday that it will set up e-money reader terminals at its group st...

ABN AMRO will issue securer debit cards as of June 2006

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ABN AMRO announced yesterday that it will start equipping (as the first bank in the Netherlands) its bank debit cards with an EMV chip. Ear...
Friday, May 19, 2006

Another innovation on the basis of iDEAL: Paydutch...

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Planet Multimedia reports that PayDutch will introduce a light-weight escrow service for securing Internet payments. The system is based o...
Friday, May 12, 2006

Dutch slow in migration to EMV, according to terminal supplier CCV

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Today one of the most important terminal suppliers and processors in the Netherlands, CCV, briefed the public ( see nu.nl ) that the Netherl...
Thursday, May 11, 2006

First mobile chip terminal approved in Danmark

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See the press release from PBS : Elite 8200 GPRS, which is the name of the approved mobile chip terminal, is sold by LD Betalingssystemer A/...

Background paper on Dutch interbank switching service

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Payments News has seen this one background paper pop up even before I did. It's a paper that describes the functionality and experienc...

Further expansion of iDEAL

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Two separate initiatives were made public last week. First of all Planet reports that payment service provider Mollie has chosen to repacka...
Wednesday, May 10, 2006

P&S News: 38 Joint statement on SEPA

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Most interesting log in the P&S News 38 is the link to the Joint statement from the European Commission and the European Central Bank ....
Tuesday, May 09, 2006

Even Chip and PIN under attack in the retail environment

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In the Netherlands, the latest news is that retailer environments are subject to terminal fraud. Whereas the ATM's are now hard to tampr...
Monday, May 08, 2006

Is the discussion on critical mass for SEPA critical ?

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In a uncanny demonstration of unity and shared vision, the European Central Bank and European Commission published this joint statement on ...
Saturday, May 06, 2006

Virtual money earned can be redeemed in real-life

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Automatiseringsgids reports that on-line game-company Mindark introduces a real payment card that can be used to withdraw money which was e...
Wednesday, May 03, 2006

Postbank increases security for voice response services over the phone

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Postbank has moved its voice-response banking platform (Girofoon) to a new provider. And is also shifting to the use of a premium rate servi...

Postbank reports fraud to police

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Emerce informs us that Postbank has reported their most recent phishing fraud (April 28) to the police for further investigation. Whereas i...
Tuesday, May 02, 2006

Transport for Oyster drops expansion plans

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FT.com reports that Transport for London has abandoned initial expansion plans for its pre-pay Oyster card after failing to agree terms wit...
Sunday, April 30, 2006

Highlights in Payment and Settlement news 37

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P+S News nr 37 is out now with as highlights: - value of debit-card spending in the UK bigger than value of cash spending , - table of cont...

Landmark speech by Swedish Governor of the Central bank on cash

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At the BIS website I noted this speech given by Stefan Ingves, Governor of the Sveriges Riksbank, to the first meeting of the so-called cas...

ECb to publish opinion on EU Payment Systems Directive (title 2 to be taken out)

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TMCnet publishes a Dow Jones report explaining that the ECB will soon publish their opinion on the EU payment service directive (PSD). The ...

Interpay annual report and lay-off announcement

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Last week Dutch ACH/processor Interpay published its annual report . At the same time the Financieele Dagblad picked up on the news that Int...
Friday, April 28, 2006

RBA Payments System Reforms for debit-carsds

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RBA finishes its reforms in the cards market with the following measures : - the adoption of a cap and floor on interchange fees in the EFTP...
Monday, April 24, 2006

Paypal seeking alliance with Microsoft and Yahoo to counter Google-pay?

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The Automatiseringsgids mentions that the Wall Street Journal discussed a possible alliance between E-bay/Paypal and Microsoft and Yahoo as...