Interac/Acxsys has unveiled enhanced innovative capabilities that are setting the standard for secure debit payments and accelerating the growth of digital payments in Canada. A key development is the Interac Token Service Provider (TSP), which is among the first for a domestic debit network globally. This proprietary token generation and management service enables financial institutions,…
Mutbak, a new company launched by a former hacker and security expert, who recently announced the launch of their first product, a Premium Quality Leather Wallet with RFID Blocking Liners designed to protect the wallet owner’s sensitive information. According to the company, the Bunker uses “Pocket Firewall”, the highest signal and data protection available to…
Wincor Nixdorf and Mahindra Comviva have hooked-up to enable seamless transaction experience at the ATM. With advent of this new solution, consumers using mobile wallets powered by Mahindra Comviva’s mobiquity® Wallet will be able to withdraw cash and top up their mobile wallets at the ATM by simply scanning or presenting a QR code or…
Lavu, a specialist in POS solutions for restaurants and bars that run on iOS-based mobile devices has selected PayPal to bring payment processing of EMV or traditional swipe credit and debit card payments to restaurants, bars, food trucks, and other food/beverage businesses nationwide. Restaurant and bar owners often face high costs when processing customers’ credit…
TN-based Pace Payment Systems has inked a partnership with CitySourced to integrate electronic credit card and ACH payments to CitySourced’s mobile citizen engagement platform. The partnership will result in cities and towns being able to offer their citizens the ability to make municipal payments with their smartphone device from a single mobile platform created by…
Virtual reality is super hot and immerses consumers in sensory and personalized experiences, empowering them to interact with products and services. With mobile devices capable of delivering rich VR experiences, shoppers can tour a store or try on a new fashion anywhere, at any time. The retail environment is constantly changing with every new style,…
Top five digital banking services include balance inquiries; online bill payment/ATF; money transfers; finding branch/ATM locations; and customer service support. Atlanta-based VSoft Corporation finds among consumers who have a financial institution, 99 percent say their bank currently offers digital banking services and 88 percent use at least one of those digital services. Conducted on behalf…
ISO Capital Payments, now known as Bluefin Payment Systems, has agreed to settle Federal Trade Commission charges that it enabled a telemarketing scheme called The Tax Club to use merchant accounts to process consumers’ credit card payments. As alleged in the FTC’s complaint, Bluefin Payment Systems, ignored red flags about The Tax Club, such as…
Bluefin Payment Systems and USAePay have enabled their first merchant for Decryptx, 3DRetro. Decryptx, Bluefin’s Decryption as a Service (DaaS) product, provides all of the benefits of Bluefin’s PCI-validated P2PE solution suite on the USAePay platform. Merchants utilizing USAePay can get the security and scope reduction of PCI P2PE with no change to their gateway…
APRIVA – Apriva has completed EMV certification with Global Payments for Ingenico’s Telium2 terminals connecting through the Apriva Gateway. This full-featured certification includes the wireless iWL220 and iWL250, as well as the iCT220 and iCT250 countertop models. The certification spans all major card brands, including Visa, MasterCard, American Express, Discover and U.S. Debit cards, and…
Visa announced the launch of Visa Developer to transform the largest retail payments network to an open platform. For the first time in the company’s nearly 60 year history, software application developers will have open access to technology, products and services by Visa. The new Visa Developer platform is designed to help financial institutions, merchants,…
The Egyptian government, represented by the Ministry of Supply and Internal Trade and the Ministry of Planning signed a Memorandum of Understanding (MOU) with Visa, to enable electronic payment of government subsidies to 22 million Egyptian families. The MOU was signed by H.E. Dr. Khaled Hanafy, Minister of Supply and Internal Trade, H.E. Dr. Ashraf…