Tuesday, September 17, 2019
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New SEMOPS service

SEMOPS (Secure Mobile Payments), a 15-company consortium representing banking, telecommunications, IT, consulting, research and retail commerce, including Motorola, Deloitte, Vodafone, Raffeisen Bank and Oberthur, is to introduce an electronic payment service. SEMOPS is a global...
Non-Cash Transactions

Global non-cash transaction volumes record highest growth of past decade

According to the World Payments Report, global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s prediction. Two regions fuelled...

Mobey Forum reveals solution for secure mobile banking

Mobey, the forum investigating business models and requirements for m-commerce, is validating a software-based solution which enables users to perform mobile banking services with their current mobile handset. It will be available for global...

Data Breach study finds significant rise in targeted attacks

More electronic records were breached in 2008 than the previous four years combined, fuelled by a targeting of the financial services industry and a strong involvement of organized crime, according to the '2009 Verizon...
A skull coming out of a binary digital code

Criminals receive 1,425% ROI from Cybercrime

Trustwave has released the 2015 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2014. The report discloses how much criminals can profit from malware attacks, which data they target, how they...

Africa blazes mobile money trail

The market for banking in sub-Saharan Africa has developed slowly. The majority of people in sub-Saharan Africa (as many as three in every four) are still unbanked, meaning that their experience with formal financial...

M-payments – the Deutsche Bank view

Deutsche Bank has published a paper, 'Digital economy and structural change,' by Stefan Heng, looking at m-payments and their alternatives. Following is MPW's summary; the full version is available at www.dbresearch.com Business via the internet...

US Treasury issues guidance on virtual currencies – regulatory details remain unclear

FinCEN, the Financial Crimes Network of the US Treasury, has turned its attention to virtual currencies after releasing a new guidance note on the management and usage of virtual currencies like Bitcoin, Facebook Credits and others. However,...

E-money directive: an update

According to industry insiders, the latest consultation paper for the European Commission's e-money directive has been sent out for comment and some of the content appears to be surprising. To re-cap: currently e-money is defined...

Informa: Mobile outlook 2007

Informa Telecoms & Media has released its annual Mobile Market Status report for 2007, which includes detailed insight from Informa's principal analysts on the future of the mobile market and a barometer of industry...

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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