Category Archives: Vendor Zone

Charge Anywhere admits security breach

It has been revealed that for the last five years, hackers have been using a banking malware to siphon unencrypted credit/debit card information from the computer networks of Charge Anywhere, an electronic payment service used by millions of merchants worldwide. Charge Anywhere, an electronic payment service provider to merchant publicly admitted to a security breach that may have compromise the account details of ...
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Is CurrentC dead before it launches?

CurrentC, the MCX backed mobile payment system developed by a consortium of major retail chains, has made headlines lately for brazenly blocking Apple Pay transactions. The heat CurrentC faced from that poor strategic move is nothing, though, compared to the trouble the embryonic payment system is in now, thanks to news of a data breach – reports PCWorld. CurrentC isn’t even officially ...
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MCX and Softcard state Apple Pay overthrow plan

At Money 2020, and in the wake of Apple Pay and its dominance of the headlines, US mobile money ventures, Softcard (formally ISIS) and merchant-run MCX, have been setting out their strategies for wining over customers. MCX has endured a difficult couple of weeks thanks to the controversy surrounding its policy on barring member merchants from accepting Apple Pay and ...
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Payments platform to connect mobile operators and enable digital payments in emerging markets

Skrill has launched an online payments platform to drive digital inclusion in emerging markets.  By partnering, mobile network operators enable consumers to engage with global online eCommerce, thereby increasing average revenue per user (ARPU).  For global online brands, Skrill will deliver access to hundreds of millions of currently unreachable new consumers in emerging markets. As Europe’s first FCA-regulated eMoney issuer, ...
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Paym hits 1 million users for mobile payment service

More than 1 million people have registered for a new mobile payment service which has the potential to eventually link up every current account in the country with a phone number. Paym, which helps people to transfer money as easily as texting, was launched at the end of April and it picked up its one millionth user registration around three ...
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Dictao integrates Apple Touch ID fingerprint recognition technology

Dictao, a publisher of software solutions for digital trust and security, says that its product Dictao Cloudcard, for mobile-based strong authentication and digital signature, supports the Apple Touch ID fingerprint recognition technology. To boost the development of new mobile services (mobile banking, mobile payments etc.), Dictao provides solutions to secure identities and transactions in a mobile context. Dictao Cloudcard, a ...
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Yaap launches “Yaap Shopping”

Yaap, the joint-venture between CaixaBank, Banco Santander and Telefónica, has signaled the beginning of its business operations with the launch of its first service, Yaap Shopping, in the cities of Valladolid and Palma de Mallorca. Yaap shopping (www.yaapshopping.com) is a loyalty network that allows thousands of businesses to interact with hundreds of thousands of customers through offering discounts and promotions on ...
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Powa Technologies acquires MPayMe to expand global footprint

Powa Technologies Group has announced the acquisition of Hong Kong-based mobile expert MPayMe in a move that will vastly increase its global reach and provide a leading payment solution for the retail, telecoms and utility industries. The merger between the two privately held companies will see Powa Technologies and MPayMe operate as a single global entity under the Powa brand to ...
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HID Global and Proxama join forces for mobile proximity marketing

HID Global and Proxama, the global platform provider of mobile proximity marketing, mobile wallet and payment solutions, announced that they have partnered to create a solution enabling rapid deployment of secure mobile web-based coupon and loyalty schemes. The solution combines the loyalty capabilities of Proxama’s TapPoint platform with the security of HID Trusted Tag Services to deliver “a frictionless consumer experience ...
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Mobile application protection with industry first software secure element

INSIDE Secure has announced at Cartes America the launch of MatrixSSE, a software secure element for mobile application protection including enterprise, entertainment and financial applications. The solution allows mobile applications to securely process and store sensitive data in a hostile mobile environment. It simplifies the integration of security into mobile applications and allows them to defend against malicious attacks. According ...
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