Category Archives: Opinions

The fall and rise of Tokenization

Apple Pay has breathed new life into tokenization and the use of tokenization has seen a revival due to new technology approaches that remove associated operational risks and complexities and enable increased scale and high performance transaction processing, especially in financial services and banking. PCM investigates how this technology made a comeback and is taking its place in the driving ...
Read more

Visa Europe Collab international innovation hub

Visa Europe has announces the launch of Visa Europe Collab, its new international innovation hub. Working with a network of partners from across the digital and fintech ecosystem, Visa Europe Collab offers start-ups and technology entrepreneurs the insight, tools and connections to forge the technologies and services that will transform citizens’ interactions with payments. “Visa is in a unique position to ...
Read more

PayPal sets out new plan

Dan Schulman, the new CEO of PayPal has set out his vision for turning eBay’s payments arm from a button on a website into the operating system for digital commerce. Schulman, who joined PayPal from American Express and is currently working under the title of president and CEO designee ahead of the firm’s spinoff from eBay, told investors at a ...
Read more

Gen Z ready for biometric security

As the conversation around biometrics continues to dominate, 16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such as passwords. Research from Visa Europe suggests this generation’s approach to existing security options is placing them at greater risk of data ...
Read more

Survey on internet security: smartphone and tablet users most reckless

It is surprising to see that smartphone owners of all people are taking the biggest risks with data security, considering that 74% of all interviewees regularly use their web-enabled smartphone to browse the internet. This makes the smartphone almost as popular as the laptop (75.2%) and even more popular than the desktop PC (63.7%) according to the survey. Additionally, very ...
Read more

NFC: A technology in search of a problem?

According to a report from IHS, contactless payments could be about to receive a significant boost, with global Near Field Communication (NFC)-enabled handset shipments set to soar four-fold in the next five years. To date NFC payments have struggled to take off as a mainstream technology, so will the sheer increase in NFC-enabled handsets be enough to win consumer hearts and ...
Read more

Live @ MWC: Google Glass barcode scanning

GS1 have announced that they will be demonstrating the power of barcode scanning in evolving mobile devices using the widely speculated Google Glass platform. This demonstration, the first of its kind in Europe using Google Glass has been developed in collaboration with the Open Mobile Alliance (OMA) and Icare, the Swiss Research Institute. When a bar code on product packaging ...
Read more

Contactless and the future of payments

Our society has seen an incredible rate of technological change over the past few decades. Never before have people borne witness to such rapid change – not even during the famed Industrial Revolution. This change has had a profound impact on every aspect of our daily lives. From health, through education, all the way to recreation: no area of our ...
Read more

Banking on mobile payments

Consumers are waking up to mobile payments – and organisations, both banks and retailers, will soon have no choice but to provide this service. Payments players have rung in consecutive years with prophecies of the arrival of the much discussed ‘tipping point’ for mobile payments – writes Paul Stoddart, managing director, strategy and business development, VocaLink...
Read more