The European Banking Authority (EBA) published a consultation paper on the implementation of its Guidelines on the security of internet payments. These Guidelines are the first output of the joint work undertaken by the EBA and the European Central Bank (ECB) on the security of payment services. The consultation will run until 14 November 2014.
Jumio, Inc., the fast growing online and mobile credentials management company, introduced BAM Checkout, a new, all-in-one credit card and identification scanning technology for mobile retailers. BAM Checkout’s embeddable solution provides a frictionless checkout experience by enabling users to bypass nearly all manual key entry when completing a mobile purchase. The product name pays homage
TSYS announced the results of its 2014 nationwide consumer primary research study. This fourth annual Consumer Payment Choice Study includes the latest data on key consumer payment preferences and new insights on a range of popular industry topics. The results provide insightful information for use in developing and confirming payment strategies and initiatives. “TSYS provides
Fiserv, Inc. a leading global provider of financial services technology solutions, announced that its eBill Easy Activation program was awarded a Direct Marketing Association (DMA) Innovation Award for Global Sustainability. eBill Easy Activation is a “try before you buy” solution that enables customers to pilot electronic bills (e-bills) while still receiving paper bills, and is
MasterCard will demonstrate its newest digital innovations including MasterPass, MasterCard Digital Enablement System (MDES) and wearable technology during a press event at the grand opening of its new technology hub in New York City. MasterCard will also showcase its MDES tokenization service enabling Apple Pay. The global payments and technology company houses emerging payments teams
Sign2Pay, a Belgium-Dutch fintech startup, officially launched its mobile payment method at this week’s TechCrunch Disrupt in London. Selected as one of 15 companies competing for a chance to win £30,000 and the coveted Disrupt Cup, Sign2Pay’s new payment method allows consumers to pay for online orders by simply signing on the screen of their
MasterCard and Zwipe have announced their partnership for the launch of the world’s first contactless payment card featuring an integrated fingerprint sensor. The launch of the card comes after a successful live pilot with Norway’s Sparebanken DIN, aligned to the Eika Group, as an answer to the complex challenge of providing a fast, convenient payment solution
The Payments Security Task Force announced a forecast of participating acquirers estimating that at least 47 percent of U.S. merchant terminals will be enabled for EMV chip technology by the end of 2015. The estimates are based on forecasts provided by acquirers representing approximately 80 percent of U.S purchase volume. Organizations participating in the forecast
Westpac has launched its new mobile payment sticker, enabling customers to make payments with any mobile device. The Westpac PayTag, can be attached to the back of a mobile device (or any other suitable item), enabling customers to make quick, secure contactless payments of up to $80 simply by holding their smartphone up to a
The NCR Silver mobile point-of-sale system for small businesses is now offering remote payment and order ahead capabilities that are compatible and operable with Apple Pay, a new service that will transform mobile payments with an easy, secure and private way to pay. These capabilities will be offered for free to merchants until January 1,
