Weve, the joint venture between the UK’s three largest mobile operators, is partnering with MasterCard to accelerate the development of the UK’s most comprehensive contactless mobile payments system. The partnership announced today will provide consumers with a fast, safe and convenient way to pay via their mobile phones at point of purchase and receive the
The PCI Security Standards Council (PCI SSC), an open global forum for the development of payment card security standards, testified before the House Subcommittee on Commerce, Manufacturing and Trade on the work it’s doing to create global standards and resources that help businesses take a multi-layered approach to securing their customers’ card data. At the
January’s edition of the mPOS Tracker highlights three particular developments as the mPOS market rolls into 2014: (1) mPOS continues to expand internationally, particularly in emerging markets, (2) mPOS is the number one priority for merchants ranking even higher than security; and (3) receipts have the potential to become an important marketing channel for merchants. The January 2014
Corporate Insight, the leading provider of competitive intelligence and user experience research to the financial services industry, announced the release of its 2013 Monitor Awards. Over the past 15 years, Corporate Insight has presented its annual Gold, Silver and Bronze awards to recognize the best digital offerings in the annuity, banking, brokerage, credit card, insurance,
CardLinx, the new association that facilitates the interoperability and growth of card-linked offers (CLOs), will host the first annual CardLinx Forum on April 7, 2014 in Las Vegas. This is the first forum to focus specifically on the convergence of digital advertising and payments or card-linked offers. Speakers and panelists will discuss predictions and emerging
On Track Innovations Ltd. (OTI) a provider of secure cashless payment solutions based on contactless transactions and near-field communication (NFC), announced that its OTI WAVE technology has been certified for inclusion in Visa’s Compliant Products List. The OTI WAVE is an NFC add-on for smartphones, tablets and PCs. The OTI WAVE is the industry’s first
Target Chief Financial Officer John Mulligan, in testimony before the Senate Committee on the Judiciary in Washington, D.C., announced that the company will be accelerating its implementation of smart card technology designed to dramatically reduce the threat of credit and debit card fraud among guests shopping in its stores. Mulligan appeared on behalf of Target
BPC Banking Technologies, a provider of open system payment solutions for the global financial industry, has announced the launch of a new solution designed to improve the profitability of ATM networks in the U.S. marketplace. With its new cash management and forecasting solution, deployed as part of the Company’s SmartATM offering, operators can dramatically reduce
Citi has launched its redesigned Citi Mobile app for iPhone and Android devices to provide U.S. banking and credit card customers with new and enhanced mobile account management capabilities. New features, a cleaner, sleeker design, intuitive navigation and alerts on-the-go have been added to make it faster and simpler for customers to check balances, transfer
Heartland Payment Systems has filed a federal lawsuit against Mercury Payment Systems, charging them with false advertising, unfair competition, intentional interference with contractual relations, and intentional interference with prospective economic advantage. The suit, filed in United States District Court in the Northern District of California, San Francisco Division, alleges that Mercury is illegally competing against
