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.
- Fido Alliance adds authentication support for NFC and BLE
- London buses get on board beacon rollout
- Beacons on menu for Cathay Pacific lounge guests
- 25% of British consumers fear mobile payments will make them spend more
- Facebook rolls out Messenger mobile payments across US