11th December 2015

11th December 2015
  • Mobile and e/m-Commerce
  • M&A
  • Prepaid
  • Real Time
  • Payments
  • Regulation

MOBILE and e/m-COMMERCE

BRC-KPMG Online Retail Sales Monitor for November grew 11.8% yoy.

http://tinyurl.com/o89828a

Online sales represented 22.4% of total Non-Food sales.

IMRG says the percentage of online sales made through mobile devices reached 45% in Q3/15. http://tinyurl.com/gsv62wz

KBC Bank is to issue MasterPass in Ireland. http://tinyurl.com/o4ln34m

KBC is the first bank in Ireland to offer the wallet.

Ingenico Payment Services is partnering with Ensygnia to support mobile transaction platform Onescan.

http://tinyurl.com/hpaa6an

Ensygnia’s secure transaction engine and the Onescan mobile app work in combination to drive applications in identity management, advanced security systems, mobile payments and loyalty programmes.

http://www.ensygnia.com/

Apple turns on Carrier Billing in Russia. http://tinyurl.com/zlm8qv7

Beeline, a Russian mobile carrier, is supporting payments in iTunes through their billing system.

Wizway Solutions JV is being formed by Gemalto, Orange, RATP and SNCF.

http://tinyurl.com/hq4mb9c

The JV’s aim is to develop contactless mobility solutions, largely focussed on mass transit, and is supported by the French Government.

Eurostat reports that in 2014, enterprises located in the European Union made 17% of their total turnover from electronic sales to other businesses or consumers, compared with 12% in 2008.

http://tinyurl.com/zf944wj

As in previous years, EU enterprises engaged more in e-purchases than in e-sales in 2014, with 40% having purchased online, while 19% made electronic sales during the same period.

 

M&A

The sale of Nordea’s merchant acquiring business to Nets has been completed. http://tinyurl.com/pxdwyr3

Global Payments bidding for Heartland?

Bloomberg http://tinyurl.com/p5zggvm

 

PREPAID

Erste Bank is joining La Caixa in a JV ‘Money to pay’ to issue prepaid, reloadable cards in both plastic and virtual form.

http://tinyurl.com/pbvmhp2 http://www.moneytopay.at/

Web sites in German and Spanish. La Caixa has been running this operation since 2012 http://tinyurl.com/nw673ak

The move may be linked to the announcement in July of a JV in the CEE for merchant acquiring and payment services.

 

REALTIME PAYMENTS

Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service.

http://tinyurl.com/pjsxp7t

The new service, which should start to become available in Q2/16, comes with a white-label mobile app, which allows for P2P payments to be made to mobile phone numbers using an alias conversion service.

Capgemini has formalised a strategic relationship with VocaLink.

http://tinyurl.com/ho9djvk

The agreement will see VocaLink’s PayPort Managed Payment Service added to Capgemini’s Connected Banking solution. VocaLink’s PayPort will initially provide FIs with a single point of access to FPS.

VocaLink has signed a contract with The Clearing House (TCH) to develop a national real-time payment service in the U.S.

http://tinyurl.com/h86h399

SWIFT is looking to improve the customer experience for cross-border payments.

http://tinyurl.com/z363wbs

The initiative will initially focus on a B2B payments service supported by participating banks that will enhance existing services to Corporates.

 

REGULATION

The EC has published its Green Paper on Consumer Finance.

http://tinyurl.com/qzpwyzd

The paper forms the basis for a three-month consultation on how to create a stronger European market for consumer financial services.

Infographic http://tinyurl.com/pu7w4u5

Q&As http://tinyurl.com/pzw5nwu

Green Paper http://tinyurl.com/pwcksjt

Section 2.2 looks at the changing landscape of the retail financial sector in view of digitalisation.

The EPC has published Version 7.1 of the SEPA Cards Standardisation Volume: a Step Towards an Enhanced Security of Remote Card Payments in Europe.

http://tinyurl.com/qcnahb2

Links to all the documentation http://tinyurl.com/nbz7gwq

MasterCard on ‘The new era of Interchange’. http://tinyurl.com/ofww6f5

BRC on the IFR.

http://tinyurl.com/hay7e3h

Majors on the fact that the debit ‘weighted average’ methodology will cause some merchants to pay more and says PSR has chosen the wrong option.

The EBA has published a Discussion Paper on strong customer authentication and secure communication. http://tinyurl.com/hmcw43b

PSD2 mandates the EBA to deliver Regulatory Technical Standards on this topic by January 2017. Prior to starting the development of these requirements, the EBA is issuing a Discussion Paper, with a view to obtaining early input into the development process.

The EBA has also launched a consultation on its draft technical standards on the separation of payment card schemes and processing entities under Article 7(6) of the Interchange Fee Regulation.

http://tinyurl.com/hw45353

The technical standards introduce specific requirements related to the independence of payment card schemes and processing entities.

The EC has published proposals on digital contract rules to simplify and promote access to digital content and online sales across the EU.

http://tinyurl.com/j4jssgj

This relates to the Digital Single Market strategy and has plenty of links and a video.

NIS Security Directive: co-legislators have agreed on the first EU-wide legislation on cybersecurity. http://tinyurl.com/hzhd8k8

The Directive aims to increase online security in the EU.

See also http://tinyurl.com/z5yhzfr for presentation – Towards a European strategy for cyberspace.

Industry Videos

Dutch cashierless store trial

ING is working with supermarket chain Albert Heijn and US AiFi on a cashierless store trial.

Users gain access by scanning their debit card, with cameras and ‘smart shelves’ tracking purchases and automatic payment on exit. Similar to Amazon Go but does not require an app.

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