Utrecht-based Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The delivery to the market of the first components is scheduled for the second quarter.
As the European Banking Authority (EBA) develops its Regulatory Technical Standards, and as the EU Member States consider the detail of PSD2, any regulation governing online payments should enable and encourage the e-commerce sector to balance the twin considerations of risk and convenience (otherwise growth would be stifled and costs would increase).
Cyber security specialist WISeKey has made available its Cryptographic Root of Trust to Japanese IoT manufacturers and Chipmakers allowing them to add digital certificates on their chips at the hardware level to encrypt the communication and authenticate the devices.
San Francisco-based NerdWallet has elected Simon Williams to its board of directors after he ponied up a $5 million investment from his Camelot Financial Capital Management. The funding brings the company’s Series A funding to $69 million.
Orange`s mobile wallet app Orange Cash, supported by Wirecard, is available nationwide in France. After a launch in selected French cities, the mobile payment service is now promoted and marketed by Orange to its French user base.
Tokyo-based JCB is has adopted the popular Japanese robot cat Doraemon character as its new branding strategy in the Vietnam market. JCB will use Doraemon as the brand image character for promotion and brand advertisement in Vietnam until October 1, 2017.
Jack Henry & Associates’ JHA Payment Solutions group is live with MasterCard and Visa for EMV debit card processing, and will soon support Discover.
Naples, FL-based ACI Worldwide announced its involvement in several key boards and councils around the globe all with a singular focus of driving industry standards for real-time and immediate payments.
First Data has ankled Himanshu Patel as Chief Financial Officer. Patel has served as First Data’s Executive Vice President of Strategy, Planning & Business Development since June 2013.
MasterCard is actively involved in the International Day of Peace for today September 21st. Many companies are donating television and digital media channels to drive support for the United Nations World Food Program (WFP), the frontline agency fighting hunger.
CardWeb.com’s CardData database of Company Profiles today features Prolexic Technologies.
Germany is one of Europe’s largest payment cards markets, and is the third-largest in terms of annual card transaction value. It is still far from being recognized as a fully mature market, however, as the average number of monthly card transactions by consumers in Germany was 2.5 in 2014, much lower than France (9.4) and the UK (6.5).