Data breaches are the new normal. IT departments have to tackle constantly evolving security threats and many are struggling to keep up. Users continue to be the biggest threat to enterprise wide security, and in 2016, we’ll see a shift towards smart interoperable security tools which take the decision of what and when to encrypt out of their hands.
The Clearing House (TCH) has inked a LOI with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time payment system for the United States.
FIDO (Fast IDentity Online) Alliance board member NTT DOCOMO, Japan’s market leading mobile network operator (MNO), intends to expand FIDO authentication for its country-wide network with new FIDO Certified™ devices, and by extending FIDO authentication through DOCOMO ID to carrier billing services partners.
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.
The future has arrived as Visa introduced a new specification to use biometrics with chip card transactions. The specification can enable palm, voice, iris, or facial biometrics. This first-of-its-kind technology framework is designed to work with the EMV (Europay, MasterCard, Visa) chip industry standard to help ensure open, globally interoperable solutions.
Mozido unveiled PayEase launched TradeEase – a new platform that will enable the first-ever cross-border B2C e-commerce payments between China and Russia.
Gemalto has buddied up with China’s ZTE to showcase Gemalto’s LinqUs On-Demand Connectivity (ODC) subscription management solution on ZTE smartphones, at Mobile World Congress Shanghai.
Net 1 UEPS Technologies has acquired a 43.88% interest in Transact24 Limited , a specialist Hong Kong-based payment services company.
NY-based HYPR is releasing its Biometric Security Integration Kit, an end-to-end biometric security suite intended for developers and manufacturers across the ever-expanding Internet of Things (IoT). The kits are expected to ship in July in the U.S., Canada, and Europe.
Austin-based Mozido is plowing big bucks into HCE (host card emulation) technology via a strategic investment in SimplyTapp.
Mozido will leverage SimplyTapp’s open card issuance platform to allow merchants to support NFC for more efficient and secure transactions within the merchants’ branded mobile application environment.
The Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives, also known as “One Belt, One Road,” aims to create Eurasian marketplace. In China this week, MasterCard’s CEO says the Chinese initiative can be a success, not only regionally, but also globally.
Mozido will introduce its products and solutions to China through PayEase. To facilitate the deal Mozido has acquired PayEase, previously owned in part by CapInfo Company.