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Barclays

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Barclaycard Germany signs debit and credit cards contract with Gemalto

29 Apr 13 - PaymentEye - Partnership Deals
Gemalto has announced that it will provide the swift and seamless migration of Barclaycard Germany’s entire portfolio representing more than 40 credit and in addition three debit products. Under this multi-year agreement, Gemalto will provide the bank ...

Increase in online shopping due to weather conditions

15 Apr 13 - PaymentEye - Insight
According to This Is Money, wintry weather last month caused an increase in sales for the already booming e-commerce sector. Statistics from Barclaycard showed that online spending was up by 12% in March, compared to just 0.4% in high street sales. ...

Barclays launches internet banking in Tanzania

25 Mar 13 - PaymentEye - New ProductsNew Technology
According to the Daily News Tanzania, Barclays Tanzania has launched its online, tabloid and mobile banking functionalities. Head of Products at Barclays Bank Tanzania, Mr Samuel Mkuyu said; “Barclays internet Banking  is an online platform that enables ...

Tesco and Barclays are UK’s favourite credit card providers

18 Mar 13 - PaymentEye - Insight
Global Review has carried out a survey providing insight into UK consumers’ credit card preferences. The survey looked at how consumers choose their providers and found that comparison sites to shortlist providers is the method of choice for the large ...

RBS, Natwest launch Visa-based mobile money transfers

15 Mar 13 - PaymentEye - Partnership DealsNew ProductsNew Technology
RBS and its subsidiary Natwest are following in the footsteps of its rival Barclays by announcing an agreement with Visa to launch a mobile payments service allowing customers to send money to anyone with a Visa card. As a result the service will enable ...

EnterCard launches mobile money application in Scandinavia with Encap

08 Mar 13 - PaymentEye - Partnership DealsNew ProductsNew Technology
Nordic credit card issuer EnterCard has has announced it has integrated Encap’s two-factor authentication technology into its new re:membercard mobile application. The service was developed in partnership with ID specialist Signicat. EnterCard, a ...

Barclay’s strategic review highlights job losses

13 Feb 13 - PaymentEye - Commentary
British bank Barclays has announced it will be cutting 3,700 jobs across the Group, following a strategic review, Other outcomes of the review include the reduction of the Group’s total cost base by £1.7bn to £16.8bn in 2015, including interim cost ...

Absa’s CashSend processes R1 billion in transaction values

13 Feb 13 - PaymentEye - Commentary
Absa, a subsidiary of Barclays and significant player in the South African money transfer market, has announced it has processed over a billion rand in total values via its CashSend money transfer platform in 2012. “This is 73% up from 2011. Based on ...

Xoom files for USD50m IPO

14 Jan 13 - PaymentEye - Commentary
Online cash-transfer company Xoom Corp. has disclosed plans for an initial public offering worth as much as USD50m Friday. San Francisco-based Xoom operates an online, international money-transfer business. Customers can send funds to other customers in ...

Barclays appoints new Head of Cash Management for US

17 Dec 12 - PaymentEye - Commentary
Barclays has today announced the appointment of Lincoln Fritz as Head of Cash Management US within its corporate banking team based in New York. The new appointment will be responsible for driving the delivery of cash management services to ...

Barclays launches mobile banking app in “watershed” moment

16 Feb 12 - PaymentEye - New ProductsNew TechnologyWhite Papers
Barclays is launching a mobile banking app, dubbed Pingit, as the UK bank aims to bolster the adoption of mobile banking in the country (view press release). Barclays retail and business banking CEO, Antony Jenkins, says that the service will ...

Barclays is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management. The bank was founded in 1690 and the present day CEO is Mr Bob Diamond. Barclays is the leading issuer of contactless credit and debit cards in the UK, with over 11 million in the market, representing 85% of all contactless cards.

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