TX-based P97 Networks will integrate the P97 PetroZone Mobile Commerce Platform with SAP Vehicles Network running on SAP HANA Cloud Platform for the Internet of Things.
Synchrony Connect digital portal marks the full rollout of the exclusive program for businesses. The newly launched Synchrony online portal links partners with Synchrony expertise and insights through whitepapers, videos and webinars on a range of topics and tips, from multi-generational strategies to cybersecurity.
The Payments Security Task Force is joining hands with the PCI Security Standards Council and the EMV Migration Forum to launch an EMV program to streamline the testing and certification process for Value Added Resellers (VARs) and Independent Software Vendors (ISVs).
A new study has found 49% of retailers have seen their payment costs increase in the past 18 months while 56% expect them to keep rising. Also, 93% of retailers believe consumers want a broader choice of payment tools.
Sionic Mobile has ankled Spencer White as Chief Operating Officer and EVP Business Development. With more than 25 years experience, White co-founded Softcard (the AT&T, Verizon and T-Mobile mobile wallet joint venture – formerly Isis) whose technology was recently purchased by Google.
The PCI Security Standards Council (PCI SSC) announced it will convene acquirers and processors to collaborate on payment security solutions for the merchant community. The Acquirer Forum will take place on 2 April alongside TRANSACT15, the Electronic Transaction Association’s marquee global payment technology event in San Francisco.
London-based Bytemark has been awarded a major contract to create a mobile payments infrastructure and smartphone app for the FutureRailway program in the UK. FutureRailway operates as a collaboration between RSSB and Network Rail and was originally established to accelerate the uptake of innovation within the rail industry.
FIME’s Japanese operation has been accredited as a MasterCard test laboratory for mobile handsets. FIME testing focuses on confirming the compliance and interoperability with the EMVCo Contactless approval process.
FIME testing focuses on confirming the compliance and interoperability with the EMVCo Contactless approval process. The ability to save time and money throughout the certification process is of great value to Japanese manufacturers. Vendors in the region can access FIME’s global expertise quicker than ever before and tap into our knowledge of the regional ecosystem’s variations and complexities in order to achieve this approval quickly and effectively.
ATM owners and operators have been urged to begin planning for U.S. EMV chip migration as soon as possible to protect themselves from potential fraud losses. The EMV Migration Forum is a cross-industry body focused on supporting the EMV implementation steps required for global and regional payment networks, issuers, processors, merchants, and consumers to help ensure a successful introduction of more secure EMV chip technology in the United States.
Fime payments consultancy launched a customized consulting offer to help US payment card issuers and acquirers accelerate their move to secure EMV chip payments.Designed specifically for the unique and complex U.S. payments industry, FIME’s EMV chip consulting packages can ensure successful, cost-effective and efficient migrations for organizations of any size and at any stage of implementation. FIME has extensive experience consulting issuers and acquirers on global EMV chip implementations from initial education through to successful implementation.
The National Retail Federation issued the following statement from Senior Vice President and General Counsel Mallory Duncan in response to Visa and MasterCard forming a new cross-industry group focused on enhancing payment system security:
“We remain insistent that U.S. retailers’ customers be given the same protections as consumers in more than 80 countries who have both a chip and a PIN securing their credit and debit cards. There is no single solution to the complex issue of criminal hacking and we know PIN and Chip is just a bridge on the long road to a safer payment system, but it is an important step in the right direction.
“We appreciate being involved in meetings with other stakeholders such as the one hosted by Visa and MasterCard last week. While we certainly agree that speed is of the essence, we don’t believe that is an obstacle to introducing PIN and Chip cards since the technology is well established and the cards are widely used around the globe.
“Easy-to-forge signatures are a virtually worthless form of authentication. Insisting on chip-and-signature cards is like installing an alarm on the front door of a home while leaving the back door wide open. It doesn’t make sense when the technology exists to secure the entire house.”