Switzerland goes contactless
Switzerland might be synonymous with banking services, but when it comes to card technology, the country has lagged behind. Now, that’s about to change.
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Travel agency helps bring bitcoin to the Middle East
Spanish-owned Destinia, which has offices in Dubai, has become the first online travel agency to take bitcoin payments in the Middle East, quoting universality and low-cost transactions as particular benefits to the currency.
Payment services company lands $157m banking deal
Nordic IT company EVRY has landed a NOK 1.2 billion ($157m) contract to supply four Norwegian banks with payment services.
Chick-fil-A investigates possible payments breach
Fast food chain Chick-fil-A is the latest company to be plagued by security issues at payment terminals, with financial institutions reportedly tracing suspicious activity back to a string of outlets in the US.
South London’s independent currency goes contactless
The Brixton Pound, a hyperlocal currency used in the South London district of Brixton, is to roll out contactless terminals throughout the area.
Firm behind London’s Oyster Card buys defence company for $114m
For Cubic, taking payments is a military operation. The transportation, defence and payments specialists power fare collections for some of the biggest transport infrastructure networks in the world. Now it’s looking to bring the internet to the battlefield.
Contactless payment gloves trialled in run-up to Christmas
The prototype of Barclaycard’s latest contactless creation, the payment glove, is now being tested out in UK stores.
Shopkeep undercuts rivals with free technology for vendors
Square competitor Shopkeep is offering new customers free NFC-based POS technology that accepts card payments and ApplePay.
Businesses bankrupted overnight due to Amazon payment glitch
A technical glitch in Amazon’s RepricerExpress led product prices on the site to plummet, allowing customers to purchase items worth thousands of pounds for as little as 1p.
AmEx scouts for tech talent
Credit card company American Express has launched a new tech hub in Silicon Valley and is on the hunt for bright new innovators.
