November 27th 2015

27th November 2015
  • Mobile and e/m-Commerce
  • Innovation
  • Acquiring/Processing
  • M&A
  • Digital Currency/Blockchain
  • AML
  • SEPA
  • Regulation


VocalLink and myPINpad have announced a partnership to roll-out a PIN based authentication solution to digital commerce applications.

myPINpad’s SaaS platform enables the combination of multi-factor authentication with existing infrastructure and protocols and is designed to secure digital commerce transactions irrespective of their origin.

TfL is to take forward the proposal that London taxis should accept card and contactless payments.

TfL is looking to bring in the new regime from October 2016. A lower MSC has been negotiated of 3% or less with no surcharge but a 20p increase on the minimum fare.

Consultation report at

Wirecard has launched the Android mobile app ‘boon’ it announced in March.

The app, based upon a prepaid MasterCard, is now available in Germany, the Netherlands, Austria and Belgium with other countries to follow. It enables payments at NFC-capable POS accepting MasterCard Contactless. Further developments such as P2P and loyalty are planned for 2016.

Crédit Mutuel ARKEA and AIRTAG are trialling a mobile contactless payment solution.

The app incorporates a virtual card and fingerprint authentication and is supported on the AIRPASS Cloud Based Payment Platform. If the trial is successful, it will have a full roll-out next year.

Realex Payments is integrating the CyberSource Decision Manager fraud management platform with its payment management platform.

Verifone and Swipp are to integrate Swipp into Verifone devices, allowing 30,000+ Danish merchants to accept the mobile app.

Swipp is supported by more than 70 Danish banks and consolidated its position last year when TDC, Telenor, Telia and 3 sold their mobile payment app Paii to the bank led operation.

Visa EU is running a new Visa/Apple Pay “Ready” campaign.

Visa Vision article on Mobile payments in Germany.



Ingenico Group is working with Think&Go and BNP Paribas to trial the concept of a connected digital screen with contactless multi-payment capabilities.

The technology enables users to make a payment by placing their contactless payment card or their NFC smartphone on the screen.

McKinsey on ’How the payments industry is being disrupted’.



Credorax blog extolling its virtues as‘the first, truly global merchant acquiring bank’.

The PSP now holds banking licences from Malta, Japan and Georgia.



Diebold merger/takeover of Wincor Nixdorf is to go ahead.

The transaction values Wincor Nixdorf, including net debt, at approximately $1.8 billion, or €1.7 billion.

Bloomberg has reported that Atos Worldline is looking to bid $2bn for EVO International.

The ATOS share price was up 5.59% at COB after the announcement.

BBVA is to invest £45m in Digital Bank Atom to give it a 29.5% stake.

Launch is planned in early 2016 for the ‘mobile only’ start-up. The move will give BBVA Board representation and the ability to influence future development as well as getting access to the UK market.



BIS has issued a report on Digital currencies.

This report considers the possible implications of interest to central banks arising from the underlying technologies.



Transparency International has published a report on AML in the UK.

The report says that a radical overhaul of the UK’s anti-money laundering system is needed and the present system is not fit for purpose.



The EPC has posted a reminder that the 2015 SEPA SDD and SCT Rulebooks are now effective.



The PSR is seeking information from the ICS in relation to IFR.

The move is to help the PSR ‘understand whether or not any scheme(s) qualify for a temporary exemption from part of the IFR’ relating to three party schemes. Letter to schemes at

The Financial Services Trade Associations Review has recommended a merger between BBA, UKCA, Council of Mortgage Lenders and Payments UK.


The recommendation is to create a wholly new organisation, and to integrate the Asset Based Finance Association into the new organisation in a second phase. UK Payments Administration and Financial Fraud Action UK would become close partners with new relationships.

The European Council in a statement on Counter terrorism has invited the EC “to strengthen controls of non-banking payment methods such as electronic/anonymous payments, money remittances, cash-carriers, virtual currencies, … and pre-paid cards” as part of its response to the terrorist attacks in Paris.

It is not clear yet what this might entail and who will be responsible, although it will probably involve the Financial Action Task Force (FATF).

The BIS Committee on Payments and Market Infrastructures and IOSCO have published guidance on cyber resilience for financial market infrastructures.


This consultative document provides principles-based guidance for FMIs to enhance their cyber resilience. It stresses the need for a collaborative approach, the development of a clear and comprehensive cyber resilience framework, a cycle of ongoing re-evaluation and suggests that technology vendors should be subject to cyber-security checks.

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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