Finland’s banks are inviting proposals to replace their existing urgent payment system with a real-time system operating 24 hours a day, every day. Dubbed Pops, the current system was built in the early 1990s and is now “becoming obsolete”, says the Federation of Finnish Financial Services. The new system needs to cover at least the entire Sepa zone, and provide application-level acknowledgement of payments received by beneficiaries. Interested suppliers have until 12 September 2014 to submit ideas.
- Festival uses BLE to gain insights into attendee activity
- Target launches image recognition app
- Amazon releases mobile wallet app for Android
- Westpac trials HCE mobile payments in New Zealand
- Consult Hyperion demos EMV mobile payments over BLE on an iPhone