Vulnerabilities are raising concerns from consumers and exchange operators as trade volumes soar. Online cryptocurrency exchanges are the latest target of fraudsters taking advantage of significant holes in security. Many crypto exchanges are using dated authentication systems which put these transactions at risk. “The risk associated with trading cryptocurrencies is increased because the technology used
Ingenico Group, the global leader in seamless payment, has announced the launch of the Move/2500 B, a portable terminal combining the convenience of fingerprint authentication with the security of the latest PCI standards. The Move/2500 B addresses traditional financial inclusion needs to reach the unbanked population as well as local governmental schemes. In India, for
Telecommunications company Ooredoo has signed an agreement to offer Mastercard’s digital payment service Masterpass to its pre-paid and post-paid customers in Qatar. Masterpass has been designed to facilitate simple, convenient and secure digital payments during in-app, online or in-store purchases. The service will enable the telecom company’s customers to make secure transactions across various devices,
Ingenico Group, the global leader in seamless payment, has announced that the world’s most popular chicken restaurant chain, KFC, has migrated its payments system in the U.S. to Ingenico Group’s Telium Semi-Integrated solution to simplify its path to EMV card acceptance and to reduce PCI compliance scope while providing their customers with more payment options
Mastercard has announced that merchants in the U.S. and Canada can forego cardholder signatures for in-store credit and debit purchases, effective on April 13. The goal is to speed customers through checkout lines and give merchants greater control over customer experience. Merchants will decide when to implement the change. “In our digital, fast-paced marketplace, consumers
A new study from Juniper Research has found that nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up by nearly 30% on the 1.6 billion recorded at the end of 2017. The study claimed that while contactless card payments were far more prevalent than
Mada, Saudi Arabia’s domestic payment network, and Mastercard, a leading technology company in the global payments industry, announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a primary mode of payment on their
Qatar Duty Free becomes first Airport Retailer in MEA to introduce Alipay. Hamad International Airport ranked the world’s fourth ‘Best Airport for Shopping’ at the Skytrax World Airport Awards 2018, up one place from last year. Wirecard, one of the leading providers of digital financial technology, is expanding its collaboration with Qatar Airways by partnering
Financial Software Systems (FSS), a global leader in payments technology and transaction processing, announced a strategic partnership with Just In Time Group (JIT), a systems integrator with over two decades of experience, to expand its market footprint in Sri Lanka. As part of the partnership, JIT would provide regional banking know-how, system integration skills, post-sales
Ingenico Group, the global leader in seamless payment, has been chosen by ADEO to roll out its pan-European omnichannel payment acceptance solution. This solution will allow the centralized management of ADEO’s transactions, both in-store and online, across several European countries. ADEO, the European leader on the DIY market, encompasses prestigious brands such as Leroy Merlin,
