Visa to Undertake Assessment of Stake in Monitise

Longstanding partners in the mobile sector Visa Inc. and Monitise plc entered into an alliance agreement in 2009. At the same time, Visa began investing in Monitise. Given the maturation of Monitise as a company, Visa is considering its options with respect to the investment and has engaged J.P. Morgan Securities Plc to assist. Visa

VeriFone Expands Point-to-Point Encryption Services to UK

VeriFone Systems, Inc.,announced that its Payments as a Service platform for the UK market PAYware Ocius has been certified by the PCI Security Standards Council as an approved Point-to-Point Encryption solution. PCI SSC certification validates PAYware Ocius’ ability to help merchants enhance security and reduce the scope of PCI Data Security Standard management through P2PE

Mahindra Comviva and First Data Empower Merchants Across India Through mPos Roll Out

Mahindra Comviva, the global leader in providing mobility solutions, announced a strategic partnership with First Data, the global leader in payment technology and services solutions, to roll out their mPOS solution that is set to make payment acceptance faster and secure for the Indian merchant community. This holistic payment solution enables businesses, including small and

The First Prepaid MasterCard Issued in Iceland

Prepaid Financial Services  is proud to announce the launch of the iKort Prepaid MasterCard – the first prepaid MasterCard in Iceland that can be used in stores, at home and abroad, or to shop online or by phone. The First prepaid MasterCard in Iceland The card is available in Icelandic Krona The card is available

New Monitoring System For Imports Via Internet

Data released at the beginning of this year by Receita Federal, the Brazilian tax authority, indicates that the amount of purchases made by Brazilians on foreign websites, shipped by postal delivery, grew by 40% during the first two months of the year compared with the same period of 2013. Last year, Brazil registered a total

TfL Leads The Way As Contactless Payments Launch On London Transport

From September 16, millions of customers will have easier and more convenient journeys as Transport for London (TfL) introduces contactless payments on Tube, tram, DLR, London Overground and National Rail services that accept Oyster. Contactless MasterCard debit, credit or pre-paid cards can be used to make quick, easy and secure payments for everyday purchases of

Cryptomathic Advise Industry How to Secure HCE Applications

Cryptomathic has published its latest white paper, which offers advice to banks and payment service providers on how to protect mobile banking, payment and host card emulation applications against security attacks. The paper, titled: ‘ Protect HCE Mobile Applications with Cryptomathic MASC’ highlights the benefits that HCE brings to the market through simplifying and speeding

MasterCard Advisors Announces Leadership Changes in Asia Pacific

MasterCard Advisors, the professional services arm of MasterCard, announced the appointment of Pierre Burret as Head of Delivery, Quality & Resource Management for Europe, Asia Pacific, Middle East & Africa and Eric Schneider as Region Business Lead for Asia Pacific. Based in Singapore, Burret will take up the newly created role to lead delivery, quality

TSYS and iMobile3 Partner to Provide Apple Pay Integration

TSYS announced its partnership with iMobile3 to facilitate merchants processing transactions from the recently unveiled Apple Pay with the cloud-based PassMarket Platform. PassMarket currently provides merchants with the essential features to conduct mobile commerce with consumers that include: order ahead, loyalty, offers, e-gift cards, social media, and in-app messaging. More than10,000 merchants and 5 million

CSI enhances mobile payment security with Tokenization support

With more payment providers offering comprehensive mobile wallets that allow consumers to store multiple card accounts and conduct transactions via mobile devices, the need for security increases exponentially. To deliver these additional security features, Computer Services, Inc., a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, supports tokenization