Friday, December 6, 2019
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EMVCo align mobile payment certification structure

The GlobalPlatform Compliance Program for validating secure elements (SEs) has been recognized by EMVCo - the EMV standards body collectively owned by American Express, JCB, MasterCard and Visa - as an integral part of...

New rule on mobile ACH payments in US

US electronic payments association NACHA has approved a new rule on mobile ACH payments as part of the NACHA Operating Rules. The Mobile ACH Payments Rule establishes a framework for companies and financial institutions that...

Retail mobile apps slow to adopt payment functionality

In recent years, major retailers have embraced the use of “smart” technology in store fronts. From using tablets at the checkout counter to mobile credit applications, retailers are developing creative ways to utilize technology...

MoneyGram launch Mobile Money Transfer service

MoneyGram and Affinity Global Services announced an agreement that will enable mobile money transfers in important markets around the globe, bringing greater convenience and extending the benefits of MoneyGram services to a new category...

Obopay and STAR Network enable real-time mobile account-to-account transfers

Obopay has announced an agreement with the STAR Network through which Obopay will incorporate the STAR Expedited Transfer Service - which enables real-time transfers between STAR accounts - into its own Mobile Money for...

M-commerce take-up halted by lack of payment page optimisation

Research conducted by WorldPay has revealed findings which show that mobile payment page optimisation and screen size are impacting the number of consumers willing to purchase goods and services on their mobile devices. The research...

Mastercard removes digital payment barriers and re-brands

In an important industry milestone, Mastercard unveiled what is calls "the foundation for the future of commerce" with the new Masterpass global digital payment service. This enhanced solution enables consumers to look no further than...

Mobile payment regulation must be a priority

As the number of mobile transactions made worldwide gathers increasing pace, the analysis and harmonisation of mobile payment standards by regulators should take precedence, said Phil Davies, managing director of PSI-Pay. Launched at financial services...

Let battle commence: Samsung acquires LoopPay

As the battle for handset supremacy wages on, the new weapon for Samsung is LoopPay, as the electronics giant agreed to acquire the mobile wallet services provider that turns existing magnetic stripe readers into secure, contactless...

The future is mobile for airline passengers

Consumers are itching to embrace mobile payments to purchase airline tickets, according to the global Perfect Passenger Payment insights report, commissioned by WorldPay. 6% of consumers have used mobile payments to purchase a flight in...

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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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