Friday, April 19, 2019
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Apple and Google begin circling m-payments start up BOKU

Both Apple and Google are engaged in conversations with mobile payments startup BOKU about a potential acquisition or a wide-reaching partnership at the very least, we've heard from people familiar with the talks, which...

CashEdge launch mobile P2P

CashEdge and Firethorn say that the companies have entered into a strategic relationship to bring to market an integrated mobile person-to-person (P2P) payments solution integrating CashEdge's POPmoney P2P payments service and Firethorn's Mobile Wallet...
SS7 security flaws

Hackers exploit SS7 security flaws to access German bank accounts

Despite security experts warnings for years about security flaws around the SS7 (Signalling System 7), a protocol used by mobile networks to communicate with each other- hackers have finally accessed a back door and stolen money from German...

Amex makes ramps up activity with Payfone investment

American Express has joined a $19 million funding round for m-payments outfit Payfone and formed an alliance with the start-up to build a mobile checkout service. New York-based Payfone offers a checkout and in-app payments...
biometric security

Prints charming: biometric security reaches the billions

According to Deloitte, the active base of fingerprint reader-equipped devices offering biometric security will top 1 billion for the first time in early 2017. Each sensor will be used, on average, 30 times a day,...

MasterCard introduces US roadmap for next gen payments

MasterCard has introduced a comprehensive roadmap focused on advancing the US electronic payments system. The roadmap, which includes the path for migration from magnetic stripe to EMV technology currently available on 'chip' cards, will serve...

MasterCard launch ‘Mobile Payments Gateway’

MasterCard has announced the MasterCard Mobile Payments Gateway, a mobile payments processing platform that the company says "enables financial institutions and mobile network operators to deliver end-to-end mobile payments solutions through the MasterCard Worldwide...
The moral mobile wallet: Striking the right balance with end users

New reports show mobile wallet suffering an identity crisis in Europe

New research by Juniper, analysing the mobile wallet market, indicates Europe lagging behind almost every other region in its transaction value forecast despite high levels of tech adoption and smartphone penetration. So, what’s going wrong? Europe is expected to book...

MasterCard begins catch up strategy

MasterCard plans to buy European payment provider DataCash for $520 million, according to a report. The move is just the latest indication of how hot the e-commerce space has become. The move is expected to...

Arkansas offer mobile payments for eGovernment services

Making government payments while on the go just got easier, thanks to a new mobile web site for Arkansas.gov. With the launch of http://arkansas.gov/m, Arkansas is the first state in the US to provide...

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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