Ingenico Group, the global leader in seamless payment, has announced that it will provide payment processing and consulting services to Trip.com, one of the world’s leading online travel agencies (OTA) and part of the Ctrip Group – the world’s second-largest travel booking company. Trip.com provides one-stop travel booking services including flights, hotels, trains and cars
Verifone Systems, Inc. a global leader in payment and commerce solutions, announced that it has been acquired by an investor group led by Francisco Partners, a leading technology focused private equity firm, and including British Columbia Investment Management Corporation. The acquisition was previously announced on April 9, 2018 and closed and became effective today. With
EMVCo has announced the availability of the full EMV 3-D Secure (EMV 3DS) Test Platform, which enables the functional testing of EMV 3DS solutions. 3DS product providers can now confirm whether their solutions will perform in accordance with the EMV 3-D Secure Protocol and Core Functions Specification v2.1.0, or its EMV 3-D Secure – SDK
A survey by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that more millennials than ever before are seeing mobile as the future of payments. The results of the survey show that 27% of millennials see themselves using their mobile phone as their primary
Wirecard, the international leader in innovation for digital financial technology, and comdirect are working together to facilitate contactless payment via wearables. With 2.4 million B2C customers, comdirect is among Germany’s leading online banks. Together, Wirecard and comdirect – in partnership with Visa payment technology – are offering contactless payment via wearable devices during the 2018
In a move that underlines its commitment to supporting Iraq’s emerging digital landscape, Mastercard, a leading technology company in the global payments industry, recently signed a Memorandum of Understanding (MoU) with the Central Bank of Iraq (CBI), aimed at accelerating the development of a strong payments ecosystem in the country. As part of the MoU,
Visa and MoneyGram has announced a strategic agreement that will modernize and digitize the process of sending and receiving money overseas. Utilizing Visa Direct, Visa’s real-time push payments platform, the agreement will enable secure cross border remittances; once live, MoneyGram’s service will enable its users to choose their preferred method of sending and receiving funds.
The PCI Security Standards Council (PCI SSC) has published PCI PIN Security Requirements and Testing Procedures version 3.0, the PCI Security Standard for the secure management, processing and transmission of PIN data at ATMs and attended and unattended point-of-sale (POS) terminals. PCI SSC is also developing a program to train and qualify security assessors to
Contactless payments is expected to reach $2 trillion by 2020, representing 1 in 3 in-store transactions globally. The trend – driven by payment cards and mobile wallets – will see contactless payments equating to 15% of the total point of sale transactions, according to new data from Juniper Research. However, the data shows that contactless
SWIFT, along with a number of corporates and banks, has announced plans to start testing an enhanced multi-bank standard to further improve the cross-border payments experience for multi-banked corporates. This enhanced standard, designed and built in conjunction with 10 multinational corporates and 12 leading banks, streamlines the process for corporate treasurers by allowing them to
