PayPal and Braintree named the $100,000 USD grand-prize winner of its 2015 BattleHack Series. The 24-hour BattleHack World Finals took place at PayPal Headquarters in Silicon Valley and hosted 14 teams of developers from across the globe, all winners of their regional BattleHack competitions.
Toronto-based Clearbridge Mobile, an award-winning mobile app design and development studio, was recently featured in Heroku’s Partner App Showcase for its real-time user tracking and mobile engagement solution, Vuetrx.
In today’s CardFlash News Que: FINCITY (Aurora); PARKING PANDA (Button); ARROWEYE (MetaBank): and VERIFONE (VAI).
Mahindra Comviva has inked a strategic agreement with the Pole SCS for HCE (Host Card Emulation) solutions and development. Among the companies participating in the SCS cluster are Gemalto, ST Microelectronics, Inside Secure, Orange, Telecom Italia and a large number of innovative startups in these fields.
Apple unveiled iOS 9 making devices more intelligent and proactive with powerful search and improved Siri features. New multitasking features designed specifically for iPad allow you to work with two apps simultaneously, side-by-side or with the new Picture-in-Picture feature, to keep watching a video while browsing the web, composing email or using any other app.
Boston-based Abine is launching a new beta service designed to help Bitcoin users more fully participate in online commerce. The invite-only beta will enable Bitcoin to Abine Masked Card purchases at any merchant.
American Express launched a redesigned customer website, to enhance the cardholder’s digital experience by providing increased financial clarity, simplifying online payments, and providing new account and spending insights.
Los Angeles-based Mandalay Digital Group has purchased Xyo’s app search engine and contextual advertising technologies. Xyo co-founders Zoe Adamovicz and Marcin Rudolf will join the Digital Turbine team.
Global household payments via devices will soar significantly is being driven by a growing consumer acceptance of transactional digital banking, and the sharp rise in mobile banking adoption overall.
Payfont has been awarded £100,000 funding from Scottish Enterprise, helping to fund its online security to counter data theft disasters. The Anonymised, Distributed, e-Commerce Architecture (ADeCA) will protect organisations and their customers by managing distributed data fragments via a contextual security protocol. It makes a user’s data completely unique to that user, anonymous to others. This approach raises the bar significantly against Cybercriminals used to stealing large databases of data records that rely on standard encryption and linear access security methods.Cybercrime and its identity theft and money laundering consequences are now at epidemic proportions globally.The 2014 average data breach cost for a company is US$3.5m, up 15% on 2013.
Growing consumer acceptance of transactional digital banking, and the sharp rise in mobile banking adoption overall in driving household bill payments made via PCs, tablets and mobile phones through the roof this year. A new report also found digital banking users prefer the convenience and perceived security of the tablet or PC over the mobile handset.
GlobalPlatform announced the launch of a Security Task Force, which will define the association’s security philosophy and tailor GlobalPlatform’s Specification offerings for the security ecosystem. The task force has been created in response to the increasing number of secure and trusted services that are being deployed on devices such as smartphones that contain often under-utilized secure chip technology, but need to be protected. The group’s immediate priorities are to develop white papers to communicate GlobalPlatform’s role in the security ecosystem and to host GlobalPlatform security workshops with industry representatives to explore the management of secure and non-secure applications on a mobile device. In order to achieve its goals, the group will also facilitate discussions regarding security requirements for devices incorporating secure chip technology and actively contribute to industry efforts to streamline security certification. The group is currently made up of 42 GlobalPlatform Member companies.