Monday, June 27, 2022
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Mobile wallet global growth continues at pace

Over the past month we have observed a number of important mobile wallet developments. Announcements from Wells Fargo, Visa and Apple have highlighted the growing competition among FIs, merchants and third-party service providers. Despite these...

Bank-telco alliance in Belgium

Through the medium of their interbank company Banksys, the Belgian banking community entered into a cooperation agreement with Mobistar, the second biggest Belgium-based wireless network operator, in June 2002. The first application, to be launched...

How does a Bitcoin transactions work?

Bitcoin’s features come with many security concerns…so how secure is a bitcoin transaction really? In fact, bitcoin verifies transactions with the same state-of-the-art encryption that is used in military and government applications. Here’s a...
Payment Methods Accepted from Mobile Devices

The Mobile Payments and Fraud Survey 2017

The Mobile Payments and Fraud Survey: 2017 Report is the fifth edition of this annual study which seeks to understand and measure the state of mobile payments and mobile channel fraud. Now with five years...

Fraud prevention – merchants have to find the right mix

Accertify recently commissioned a study of 'connected' US adults - or those with access to both a smartphone and a web-enabled computer - to learn more about how consumers perceive and are affected by...
Virtual Account Management (VAM)

Virtual accounts: innovation to help banks exceed customer expectation

Corporates are under increasing pressure to be more efficient and their expectations of their banks are changing as a result. Banks need to be innovative to meet client expectations. Virtual accounts can be part of...

Cross-border m-payments

Country Operator/s Project Austria Mobilkom Austria, A1 Bank Subsidiary of Mobilkom of Germany; owns A1 Bank which in turn owns 49% of Paybox in Austria; subscribers can buy OBB railway tickets, flowers and cinema tickets...

Visa, MasterCard divergence on proximity payments

Visa and MasterCard are staking out sharply different positions in the emerging area of 'proximity payments' - defined as a payment where the card account data is 'beamed' across a wireless interface at a...

Supporting m-payments – the ECB view

The European Central Bank, (ECB), regulator of the euro currency system, is taking a close interest in the development of mobile payments, a senior official has confirmed. Speaking at the EFMA conference in Paris at...
Massive growth in India digital transaction

Digital Payments in India – the making of a $500 billion ecosystem

Over the past few years, the payment landscape in India has mirrored developments occurring in the global payments arena, albeit with a time lag. Although the digitisation of payments in India is a recent...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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