Monday, June 27, 2022
Advertisement

EMV banking cards extend reach of Vodacom m-pesa mobile wallet

The deployment of prepaid EMV banking cards to complement Vodacom’s m-pesa mobile wallet service in South Africa will significantly extend the reach of the South African operator’s services. The card is certified by the major...

ING pilots mobile phone app for card personalisation

Dutch bank ING has trialled technology from US vendor Serverside that enables people to see what a customised card would look like on their mobile phones. The bank used the app for a competition encouraging...

Banking Trojan hijacks out-of-band SMS security

Security outfit Trusteer has discovered a new attack used by the SpyEye Trojan that can circumvent mobile SMS security measures used by many banks. In a blog post, Trusteer says it has found a two-step...
biometric security

Using Biometrics to improve UX and secure transactions

Fingerprint biometrics has become one of the most widely used authentication modalities because of its long history, ease of use, performance, interoperability, ability to thwart imposters and low cost. To improve security, chips on cards...

Temenos accelerates expansion into mobile banking

Temenos has signed a definitive agreement to acquire FE-Mobile, a UK based provider of software solutions for the mobile banking industry. The transaction price was not disclosed. Since its foundation in 2002, FE-Mobile has created...

BofA cut 10% of branches as mobile banking strategy pays off

Bank of America is planning to shrink the company's 6,100-branch network by about 10%, a pullback from the two-decade expansion that took the bank from coast to coast – the move is primarily due to...

Generation Z ready for biometric security

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...

US m-banking uptake stalls over security fears

Despite soaring growth in the popularity of smartphones, mobile banking uptake has stalled in the US, with security concerns continuing to put people off, according to Javelin Strategy & Research. In a report based on...

Forrester mobile banking world ranking

Mobile banking success is a moving target: Customers needs and expectations are changing rapidly, and eBusiness teams at banks are sprinting to get ahead of their customers’ expectations. To achieve this, firms are rolling out new features,...

Orange, BNP Paribas extend mobile banking in Africa

Orange and the BNP Paribas group are offering retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones. The new service is available in Côte...

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...
- Advertisement -