MasterCard and IDB Sign Agreement to Promote Economic Inclusion in Latin America and the Caribbean

Posted on by wademinnie | 7605 Views | 12 min read

MasterCard and the Inter-American Development Bank (IDB) have recently signed a keystone agreement, as announced at the World Economic Forum in Davos, Switzerland, to work together in an effort to improve economic inclusion, transparency and financial formalization through the expansion of electronic payments in Latin America and the Caribbean (LAC). The five-year public-private partnership is

ATMIA Urges MasterCard to Support U.S. Debit Solution with Common Governance

Posted on by wademinnie | 9470 Views | 6 min read

ATMIA has posted a response to a January 8 open letter by MasterCard, signed by North American Markets President Chris McWilton, that affirmed there would be no changes to the liability shifts set out in MasterCard’s EMV roadmap. The letter claims that a delay in the liability shift dates would “potentially increase the U.S.’s disproportionate

Efforts to Advance Financial Inclusion of Children and Youth Get Boost

Posted on by wademinnie | 7482 Views | 7 min read

MasterCard and Child & Youth Finance International (CYFI) have announced a global strategic partnership aimed at advancing financial capabilities of children and youth. Of the 2.2 billion children in the world less than 1 percent has access to any form of financial education, often exposing them to potential exploitation. MasterCard and CYFI share the belief

T-Mobile US Launches Mobile Money

Posted on by wademinnie | 7676 Views | 12 min read

T-Mobile US, Inc. has announced the company is extending its Un-carrier consumer movement to personal finance – transforming smartphones into personal money managers that can free people from excessive fees they often pay to use their own money. The company calls this next phase of its consumer revolution Mobile Money by T-Mobile. “We’ve already transformed

Acculynk Gains Ground in Europe with Secure PIN-Based Authentication Patent Grant

Posted on by wademinnie | 7356 Views | 9 min read

Acculynk, a PIN-debit authentication gateway, has announced that the European Patent Office granted Acculynk patent protection for the company’s propriety process for PIN based authentication over the Internet. The patent protects the mechanisms and processes behind Acculynk’s innovative PaySecure product, a software-only service that allows consumers to pay for online purchases with their debit card

TSYS Announces Consumer-Driven Account Controls

Posted on by wademinnie | 6298 Views | 6 min read

TSYS  has announced plans to release TSYS Authorization Controls — a new product that enables credit and debit cardholders to turn their account “on” or “off” from any user interface. This innovative product can be integrated with existing mobile and other online customer service tools, and will help financial institutions empower their consumers to manage

Wincor Nixdorf Launches Mobile Point of Sale Solution

Posted on by wademinnie | 7644 Views | 9 min read

Wincor Nixdorf, a provider of IT solutions to retail businesses and retail banks, is launching the BEETLE mobile Point of Sale (POS) solution at this year’s NRF exhibition. The tablet, designed specifically for the retail environment, runs on both Windows 8.1 and Android platforms and can be used as mobile payment and customer service station

Morrisons Chooses NCR to Deliver Omni-commerce Strategy at U.K. Lab Store

Posted on by wademinnie | 7492 Views | 12 min read

NCR Corporation, a provider of consumer transaction technologies, announced that U.K. supermarket, Morrisons has deployed NCR software, self-checkout (SCO) and scanner solutions throughout a new lab store in Preston, U.K. NCR software and hardware improves the Morrisons omni-commerce shopping experience for their customers and introduces new ways that customers can browse, select and purchase items.

AT&T and Vantiv Solutions Announce New Mobile Payments Solutions for Businesses of All Sizes

Posted on by wademinnie | 9477 Views | 9 min read

AT&T and Vantiv, Inc., a provider of payment processing services and related technology solutions, have announced the availability of new payment products that deliver highly secure, integrated and speedy on-the-spot mobile transactions to businesses of all sizes. Mobile payments represent a market opportunity with significant upside as businesses implement new, more integrated ways to manage