payment in news

Cyber crime: The global battle

News The campaign has received backing from the Metropolitan Police, Conservative Party, a former White House cyber security adviser, blue chip FTSE100 companies, the Association of Chief Police Officers (Acpo), UK payment industry body Apacs and other... [05 Jun 2008]

Business travellers demand more tech

News She said in a statement: "The future growth of business travel is inextricably linked to the advancement of technology - be that technology to book travel, in-flight technology or payment technology. Business travellers are crying out for airplane... [02 Jun 2008]

Fujitsu ditches £896m NHS IT contract

News CfH said it was "acting to protect the interests of the taxpayer" and had to preserve the basis of "payment on delivery". Fujitsu has dumped its £896m contract with the NHS after disagreement over how much it should be paid to revamp the UK's... [29 May 2008]

Publishers demand up to €49m from Google

News The group also requested €4m as "provisional" payment, the Associated Press said. A group representing Belgian newspaper publishers is demanding Google pay it up to €49m in damages related to a lawsuit alleging the search giant linked to... [28 May 2008]

Faster payments ends wait for bank clearance

News The OFT-driven faster payments initiative, which seeks to reduce payment clearing times for internet and telephone payments of less than £10,000 to near real-time and standing orders to same-day processing, has been hailed as the start of the... [27 May 2008]

Health care records service delayed

News There is no extra cost as a result of late delivery because a fixed price for the programme has already been established and payment will only be made to the developers on delivery. The National Audit Office has published a report on the progress... [16 May 2008]

Whitbread serves up £1m saving on card payments

News Hospitality group Whitbread has deployed an end-to-end card payment system that is expected to save it £1m per year in payments processing costs. The implementation has also given the hospitality company the opportunity to upgrade 90 per cent of... [07 May 2008]

National fraud reporting centre to arrive next year

News Recently the UK's payment association Apacs launched the Payment Industry and Police Fraud Intelligence Unit to collate reports of fraud. A national centre to co-ordinate strategy for combating fraud in England and Wales should be in place by next... [28 Apr 2008]

Credit crunch prompts the great cash comeback

News The consortium puts the cost to retailers of processing a credit card transaction at up to 17 times higher than the charge for handling a cash payment and accuses card companies of pushing cashless payments as a way of boosting their own revenue. [21 Apr 2008]

Mobile banking set for boom time

News The research shows financial services organisations are increasingly offering mobile services and products including financial information services, account management, bill payment and customer service. [16 Apr 2008]

Nokia to release NFC phone this year

News In the near future the technology could also be used as an alternative to standard ticketing systems on public transport, or as a 'smart-card' style payment option at the point-of-sale in retailers. Nokia has announced its upcoming handset, the... [16 Apr 2008]

PayPal wages war on phishing

News As one of largest secure online payment providers, Barrett said PayPal needs to step up efforts to stamp out the phishing problem - not just to protect customers but also the internet as a whole. Speaking at the RSA security conference in San... [11 Apr 2008]

HSBC loses 370,000 customers' details

News A spokesman for HSBC said: "There is no information on this disk in relation to banking or payment details and there were no addresses, so the scope for any fraudulent activity is vastly reduced. HSBC faces possible investigation by the UK's... [07 Apr 2008]

BBC hits back at ISPs over iPlayer usage

News He said doing so would mean users wouldn't know which content works well through their chosen ISP or which content is throttled due to non-payment by content providers. BBC tech chief, Ashley Highfield, has hit back at ISPs who want online... [04 Apr 2008]

Sepa fraud risk warning for businesses

News A significant majority (86 per cent) said they had yet to even assess the payment fraud risk of Sepa, while 15 per cent of the insurance companies questioned believed there was a negligible risk. Gartner research VP of banking and investment... [03 Apr 2008]

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