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.
Globally, Alternative Payment Methods (APMs) inched past card payments for the first time ever with 51% of market share.
It is also likely eWallets will overtake credit cards in the global eCommerce market by 2019.
UK-based EZPayment has officially launched PayMoney, a credit card payment processing app. The
new app is exclusively available via the Google Play store for Android devices.
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.
Boston-based Flywire, f/k/a peerTransfer, has acquired UK tuition processor Uni-Pay. Uni-Pay offers tuition payment services to students attending 60 educational institutions in the UK, the second leading destination for foreign students studying abroad.
London-based CEX.IO is providing the best experience of buying Bitcoins with credit cards and debit cards. This is based on the exchange’s ideal conditions for quick and successful processing of card payments, the wide range of acceptable payment cards, and numerous positive feedbacks from users.
MasterPass. the digital payment solution, is now accepted in 24 countries around the world, with recent additions including Germany, Belgium, Hungary and Turkey. Since its 2013 launch, MasterPass has increasingly been making shopping easier for shoppers and retailers.
Performance Horizon added two executives to meet the company’s growing global IT and communications needs. Alistair Wyse was appointed Chief Information Officer and Erik Mikisch was named Vice President of Marketing.
UK-based Worldpay is now valued at US$9.2 billion and Ingenico rumored is seriously considering gobbling up the payments firm. Worldpay is owned buyout firms Advent International Corp. and Bain Capital.
The MaRS Discovery District has formed a new strategic partnership with Interac and Acxsys, the organizations behind Interac, Canada’s leading payment brand.
In today’s CardFlash News Que: HEARTLAND (VersaPay); TOUCHSUITE (Top 500); CLEARENT (Top 5000); and SIMPLYTAPP ( HCE Award).
Top Mexican distributor of hardware and software solutions, CompuSoluciones, has inked a deal with UK-based Powa Technologies to distribute the PowaPOS T25 tablet POS hardware platform.