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According to BNZ, 125 million #electroniccardtransactions were processed in New Zealand during January 2015, with a total of NZ$6.2 billion spent across all transactions.
Mint Payments has announced that its partnership with Bank of New Zealand (BNZ) has resulted in the successful deployment and enhancement of BNZ’s PayClip mPOS payments product.
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Of more than 100 top executives at major retail banks around the world quizzed by Oracle, 94% say that having a digitised omni-channel customer engagement strategy is important to their future success, with a third claiming that success is entirely dependent on this. When it comes to the services respondents think are important, 90% cite #mobilepayments and real-time synchronisation.
Retail banks are facing the toughest of trading conditions, claims a new report from Oracle which says that three quarters lack suitable technology to complete the path to a digital world, leaving them vulnerable to new competitors.
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The revised Payment Services Directive ( #PSD2 ) is being introduced by the European Commission to further open the markets to non-bank competitors and foster innovation in mobile and internet payments,according to research conducted by Finextra.
According to the PSD2 and XS2A – regulation or opportunity report, Europe's banks are engaged in a do-or-die effort to prepare for the 2016 introduction of new payments regulations that are expected to usher in a wave of fresh competition and innovation across the sector.
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In an interesting interview with Devon Watson, VP of global software research and strategy at Diebold, first published in ATM Market Place, Watson explains an extensive project studying #millennials and their banking patterns and habits, and shared some of that knowledge.
For the financial services industry, the Big Question is "What are they looking for when they're face to face with an ATM screen?"
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#Tokenization   means that sensitive consumer account data never travels through the retailer systems and instead stays safely locked in the banks secure infrastructure.
Tokenization is a technology that allows for more secure payments by substituting sensitive consumer account data for a random number that is unique to each transaction – a digital token.
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According to the latest statistics from EMVCo’s members – American Express, Discover, JCB, MasterCard, UnionPay and Visa – as reported by their members globally, #EMVchipcard adoption rates had increased in every region worldwide by the end of 2014.
Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV chip technology.
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Have them in circles
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#Samsung to launch Apple Pay rival.
Oberthur Technologies (OT) has announced its partnership with Samsung for the deployment of Samsung Pay in Europe later this year.
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#iZettle   is aiming to grab a share of Europe’s estimated €2.2 trillion in annual card payments market.
mPOS specialist iZettle has launched a new hardware dongle that includes both chip and PIN and contactless payment functionality, along with support for Apple Pay.
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Iris-scanning technology promises to kill the password with the launch of a new smartphone that looks into users’ eyes to unlock it. #irisrecognition  
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The Danish government, as part of a pre-election package of economic measures put forward by the government, has proposed getting rid of the obligation for selected retailers to accept payment in cash, moving the country closer to a #cashlesseconomy.
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#consumerpayments   A First Annapolis study has surveyed over 1,000 consumers across the U.S. between the ages of 18 and 54 who have both a checking account and a mobile phone. Here's the data:
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