Wednesday, August 5, 2020
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ISO standards

A step towards financial inclusion with mobile banking using new ISO standards

Mobile banking not only makes our life easier, it gives access to banking services to those that have none. A new series of standards just published will provide the platform for this technology to...
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...

Amazon phone set to ignite mobile banking market

Amidst mixed reactions and a media storm, Amazon has launched its smartphone. John Legere, T-mobile USA’s outspoken CEO took to Twitter before the launch to complain about press reports that Amazon's first smartphone, which has just...
Cyber security

Visa and MasterCard launch cyber intelligence services

Visa and FireEye announced the launch of Visa Threat Intelligence, a cyber intelligence service, Powered by FireEye. Tailored to the needs of the payments industry, this new service will deliver real-time threat information to merchants and...

Diebold cardless ATM for Credit Union

ATM manufacturer Diebold has deployed a cardless ATM machine at Diebold Federal Credit Union that operates without a card reader or PIN pad. The ATM relies solely on mobile authentication, the vendor says. When a...

Mobile banking Trojan mutates with ransomware features

An Android mobile banking Trojan program originally designed to steal mobile banking credentials from Russian users has been found in the wild and has been retrofitted with ransomware functionality to infect US users with...

Westpac New Zealand release world first augmented reality banking app

Westpac New Zealand will release the world’s first banking app for account management using augmented reality. Customers will soon be able to use augmented reality and its 3D imagery to check their credit and debit card...

Mobile payments to India through Pingit service

Barclays has launched new functionality allowing mobile payments to India through its Pingit mobile payments service in the UK, opening it up to the largest remittance market between the UK and another country. The app will allow...

Atom Bank app goes live

Atom Bank, the UK’s first bank designed for digital and optimised for mobile, announces that the restriction on its regulatory authorisation has been lifted, and as of today opens its virtual doors. Atom is...

Digital banking demands new technologies – and new vendors

Banks face intense pressure to increase efficiencies and reduce costs while delivering next-generation digital banking services; however, incumbent application vendors have been slow to respond to new requirements, according to a new report from...

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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