PAN Security

New research shows 61% of businesses store the unencrypted 16-digit sequence on the front of credit cards, also known as the Primary Account Number (PAN). Also, EMV-enabled payment terminals can still be used to make a payment transaction using an optional mag stripe swipe process, which means there’s still an opportunity for misconfigured software to inadvertently capture and store full track data.

Mobile Money 2019

According to new research the mobile money market is expected to grow from $12.34 billion in 2014 to $78.02 billion by 2019, at a compound annual growth rate (CAGR) of 44.6% during the forecast period from 2014 to 2019. In terms of regions, MEA is expected to be the biggest market in terms of market size, whereas APAC and NA are expected to experience increased market traction, during the forecast period.