TSYS have announced the release of a white paper titled “EMV is Not Enough: Considerations for Implementing 3D Secure.” The paper considers the impending U.S. migration to Europay, MasterCard, and Visa (EMV) chip to combat fraud, but concludes that there are additional steps issuers must consider to mitigate fraud risk. This report concludes that there
GlobalCharge have announce their accreditation under the new Payforit scheme for In-App mobile transactions becoming the first to offer a Payforit approved solution. Payforit is the UK mobile micropayment scheme, created and supported by all of the UK mobile network operators (MNOs), enabling consumers to use their mobile phone account or prepaid balance to transact
Three-quarters of US consumers are using their mobile devices to plan their holiday shopping this year, with in-store price comparisons – or “showrooming” – and mobile coupons as the primary reasons for shoppers to reach for their mobile device, according to a new report. New research from mobile advertising specialist MobPartner reveals that 75 per
ATMIA has issued a position paper urging payment networks to work collaboratively with ATM deployers to retain open market flexibility in making routing choices. EMV migration is more complex in the United States where multiple networks exist and further confusion has resulted from court rulings on the Durbin Amendment. ATMIA retained Tremont Capital Group, Inc.
MasterCard has announced it will enable Commonwealth Bank of Australia MasterCard cardholders to securely load and store payment account credentials on select flagship NFC-enabled Samsung devices, enabling fast and secure contactless payments. Commonwealth Bank of Australia is the first bank globally to collaborate with MasterCard and Samsung to offer this service to its customers, using
Sparkasse Düren has renewed its existing service agreement with Wincor Nixdorf for a further five years and is outsourcing additional services to the IT company. Sparkasse Düren will thus benefit from cost savings and a sharp reduction in its workload. In addition, a master agreement on replacing around 140 self-service systems by 2016 has been
The 2013 Billing Household Survey from Fiserv, a provider of financial services technology solutions, has found consumers are paying their bills in more ways than ever before, with the number of consumers paying bills from smartphones and tablets growing significantly. Gen Y in particular prefers a variety of channels and immediate payment options, and uses
Barclays Bank of Kenya has unveiled a new cardless money transfer service that allows customers to send and receive money at any Barclays ATM. The service, named “CashSend”, will allow Barclays Bank of Kenya account holders to securely transfer money to mobile phone subscribers. Transactions will originate from Barclays ATMs, with recipients similarly withdrawing their
The most exclusive Card Membership in the world has arrived in South Africa with the launch of Centurion, from American Express. Issued by Nedbank Private Wealth, Centurion is now available by invitation only or upon appointment to a select group of individuals in South Africa. ‘Centurion is intended for clients who demand a new level
Doxim Inc., a provider of automated client onboarding, enterprise content management and document processing solutions, and Silanis Technology, an electronic signature provider, have announced a strategic partnership that will see Silanis’ e-signature solution e-SignLive™ integrated into Doxim’s solutions for banks, credit unions and wealth management firms. With this partnership, financial institutions using Doxim’s OpenAdvantage® client
