Equifax Integrates Entersekt’s Digital Security System

Entersekt, a leader in push-based authentication and mobile app security, has announced a technology partnership with global information solutions company Equifax Inc.. Equifax has licensed Entersekt’s product Transakt to serve as an additional layer of security protecting the Equifax online and mobile services. Transakt empowers consumers to play an active role in safeguarding their digital

Visa Brings CyberSource Token Management Service to Clients Globally

Visa has introduced Token Management Service, a solution designed to unify management and secure customer payment data. Token Management Service enables an integrated view of payment preferences and behaviors across a merchant’s commerce platforms, processing environments, geographies, payment types and card brands. Seventy percent of the world, or more than 5 billion people, will be

Global Study Highlights Economic Benefits of ‘Cashless Cities’

Visa has announced the results of an independent study conducted by Roubini ThoughtLab and commissioned by Visa examining theeconomic impact of increasing the use of digital payments in major cities around the world. The study estimates that relying more on electronic payments, such as cards and mobile payments, could yield a net benefit of up

Wirecard is Collaborating with Banca Afirme to Launch the First Corporate Debit Card

‘Afirme E-fectiva’ is a unique card program for corporate clients. Afirme will launch its new corporate debit card ‘Afirme E-fectiva’ in Mexico in collaboration with Wirecard, the international provider of digital financial technology based in Germany. This new card program is exclusively for corporate clients, which includes companies and governmental agencies. By entering into the

Over 175 Million Europeans Ready to Pay with Wearable Devices

One quarter (24%) of Europeans expect to start using “tap and go” contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments, according to new figures from Mastercard. Contactless spend on Mastercard and Maestro grew by 145% in the last year, and the huge success of contactless has seen many Europeans willing

Finland Becomes the First Country to Offer Chinese Travelers a Completely Cashless Experience

Alipay, the world’s largest mobile payment and lifestyle platform, operated by Ant Financial Services Group, has announced that a group of Chinese travelers have concluded the first ever cashless journey to Finland, with all transactions throughout their trip made via their Alipay accounts. From booking flights, making local retail purchases in Helsinki, and dining out,

NCR Launches Select Edition Small Footprint ATMs

NCR Corporation, a global leader in omni-channel solutions, has unveiled its SelfServ™ Select Edition (SE) Cash and SE Recycle ATMs, that will help financial institutions (FIs) to expand their reach and serve the more than 19% unbanked population in India. This new, small-footprint ATM technology from NCR is designed to enable banks to offer access

Wirecard Offers Next Generation Consumer Touchpoints via Chatbot

Wirecard, one of the leading global specialists for digital financial technology, will soon offer innovative, fully-digital and automated consumer interaction experiences via a Chatbot handling consumer enquiries. The fastest growing mobile payment solution in Europe, boon by Wirecard, will be the first mobile payment app to benefit from this new way of managing consumer interactions

Cybercrime Costs Financial-Services Sector More Than Any Other Industry

Cyberattacks cost financial-services firms more to address and contain than in any other industry, and the rate of breaches in the industry has tripled over the past five years, according to a report from Accenture  and the Ponemon Institute. The report, “Cost of Cyber Crime Study,” examines the costs that organizations incur when responding to cybercrime

Expansion by IADs Outpaces Bank ATM Growth in Major Markets

RBR’s Global ATM Market and Forecasts to 2022 report shows that independent ATM deployers (IADs) accounted for one in six ATMs worldwide at the end of 2016. Five markets – the USA, Japan, South Korea, Canada and the UK – are home to over 80% of the world’s IAD terminals, and with the exception of