Gemalto Helps Banks and Payment Providers Simplify and Streamline Encryption Operations

Gemalto, the world leader in digital security, announced the launch of the industry’s first payment hardware security module (HSM) to include partitioning as an advanced security feature. This new capability allows financial services organizations to simplify cryptographic operations by using a single HSM to support dozens of security applications and protect sensitive payment information and

Retailers Should Strive for Truly Integrated Payments that Span All Channels

Over the past 20 years, disruptive digital companies have upended consumers’ expectations of the shopping and payments experience. It started in 1999 when Amazon patented one-click shopping and has evolved over the years into the invisible, instant payments offered on mobile apps such as Uber. To keep up with the pace of innovation among digital

Wirecard Facilitates Online Sales of Webasto Electric Vehicle Charging Stations

The payment expert Wirecard supports payment processing for the new online shop of Webasto, a global systems partner for virtually all automotive manufacturers. Electric vehicle charging solutions have recently been made available to buy from the Webasto online shop. As part of the collaboration, the leading global payment service provider Wirecard is integrating four payment

40% of Apple Users to Spurn Facial Recognition as a Payment Method

A new survey conducted by Juniper Research has found that over 40% of iOS users in the US consider themselves unlikely to use facial recognition as a payment security technology. This suggests that a core use case for the iPhone X’s main security feature may struggle to gain traction amongst consumers. Contactless payment users considered

Asia-Pacific Now Home to More than Half of the World’s ATMs

China still propels ATM expansion At a country level, China added by far the most ATMs in 2016. Local banks have sought to gain new customers and provide a better service for current ones by introducing ATMs to rural and previously underserved urban areas. It should be noted however that the RBR research found the

Consortium of Accenture and Certus Solutions to Transform Back-Office Services

Accenture and Certus Solutions have been selected by the United Kingdom Home Office to deliver a new enterprise resource planning (ERP) system designed to transform the way the Home Office delivers back-office services across finance, procurement, human resources (HR), customer service and payroll-related functions. The two-year contract, valued at approximately £20 million, was awarded after

Consortium of Accenture and Certus Solutions to Transform Back-Office Services

Accenture and Certus Solutions have been selected by the United Kingdom Home Office to deliver a new enterprise resource planning (ERP) system designed to transform the way the Home Office delivers back-office services across finance, procurement, human resources (HR), customer service and payroll-related functions. The two-year contract, valued at approximately £20 million, was awarded after

Health of Cash Study – A Reality Check on Cash in a Digital World

With phrases like ‘Venmo me’, ‘mobile order & pay’, ‘conversational commerce’ and ‘digital native’ now well-established in today’s vernacular – diagnosing the health of cash in the United States in the digital age has become quite fashionable, even if not always fact-based. Even as some shock-value headlines and payments industry narratives blur the line between

How Banks Can Crowd-Source Fraud Management?

With an explosion of digital payment channels, transaction security enhancement has become indispensable for all entities in the payment process – issuers, acquirers, merchants, payment brands, mobile and digital commerce solution providers. The risks and cost of securing a growing volume of transactions to meet regulatory and compliance requirements has increased substantively. According to the

CrediMax Launches ‘MaxWallet’ Digital Wallet

In line with its strategy to continue delivering convenient and secure payment experiences to its customers, CrediMax in collaboration with Mastercard, a leading technology company in the global payments industry, has announced the launch of ‘MaxWallet’, its first Digital Wallet. The CrediMax ‘MaxWallet’ is Masterpass QR-enabled, allowing mobile banking users to safely pay for face-to-face