Gemalto’s SafeNet Luna EFT (Electronic Funds Transfer) Payment HSM (Hardware Security Module) now supports new standards from the major credit card networks for secure implementations of contactless payments via mobile phones.
Paris-based INSIDE Secure says its award-winning mobile payments security solution is now functionally Visa Ready approved by Visa Inc., for use in Visa Inc. territories.
The newest full-fledged Islamic bank in Oman – became, the first bank in the Sultanate to introduce NCR Interactive Teller, from NCR. alizz islamic bank is one of the first dedicated Islamic banks in Oman.
Beijing-based Bank of Ningbo has gone live with NCR Mobile Cash Withdrawal. The software-based solution allows customers to pre-stage a cash withdrawal using Bank of Ningbo’s mobile banking application and then completes the transaction by scanning a 2D barcode using their mobile phone’s camera.
UnionPay International inked a deal with South Korea’s KB Kookmin Card and LG Uplus in mobile payment service, agreeing to enable South Korean UnionPay cardholders to pay by waving their mobiles phones in front of QuickPass terminals across the world in July.
A complete Mpos system that requires no new hardware for the merchant to install, plus works with any Apple or Android mobile device has been introduced. The new SwiftPay from TechPay also utilizes QR codes for transactions allowing merchants to see detailed scan data, sales and ad campaigns.
The Walmart-funded Merchants Payments Coalition is hosting a briefing for members of Congress, their staffs and the press from noon to 1 p.m. Monday, Nov. 17 in room 562 of the Dirksen Senate Office Building.
This week Deluxe acquired Wausau Financial Systems in an all cash transaction for $90 million, net of cash acquired. Wausau provides software-based solutions for receivables management, lockbox processing, remote deposit capture and paperless in-branch solutions to a broad list of financial institutions, utilities, government agencies and telecommunications companies.
China Merchants Bank has selected NCR Dynamic eLock Management software-based ATM electronic key management solution. This help the bank centralize the management of safe box keys and passwords across its over 10,000 unit ATM network.
Gemalto has introduced Ezio Armored Application software-based secure eBanking solution. Based on a locked down browser running within a dedicated desktop session, Ezio Armored Application establishes a secure connection to the eBanking website to protect against key logging and screen capture.
Due to a heavy reliance on FICO scores by financial insitutions, a new generation of financially responsible people who are just getting started in the workforce and who may have short credit histories or large student loans are being overlooked by traditional financial institutions.
The CurrentC Network is a software-based solution that works with most existing point-of-sale and payment terminals. CurrentC will utilize a secure paycode and will not require additional hardware from most customers or merchants.