A new survey discovers the majority of IT departments (86%) plan to implement two-factor authentication for access to cloud applications. Currently, 38% of users utilize two-factor authentication, this is expected to rise to over half (51%) of users using it in two years. Over half (57%) already use two-factor authentication to secure external users’ access to resources, indicating the varied use of the technology.
Atlanta-based Vanco Payment Solutions has ankled Sandra Blair to lead its product development and IT. Blair is the former Head of Payments Practices for Alvarez & Marsal.
CardWeb.com’s CardData database of Company Profiles today features 41st Parameter.
CardWeb.com’s CardData database of Company Profiles today features Denmark’s Cryptomathic.
The first Bitcoin book delving into cryptocurrency law in four jurisdictions: the United States, the United Kingdom, Canada and Germany has been released.
China’s UnionPay International and Germany’s CAISSA Touristic have teamed to conduct all-round cooperation in overseas travel of Chinese tourists, including incentives to overseas card use and naming tourism groups of popular travel routes.
MasterCard announced the appointment of two Co-Presidents for the Asia/Pacific region – Ling Hai and Ari Sarker; as well the creation of two sub-regions – North East Asia and Australasia (NEAA) and South East Asia and South Asia (SEASA). The new sub-regions are in recognition of the growing importance of Asia/Pacific as a whole as it houses two of the region’s biggest markets – China and India – and reflects a more focused approach for these diverse markets.
CardWeb.com’s CardData database of Company Profiles features Welcome Real-time.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Oren Levy, Chief Executive Officer of Zooz.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Abdul Rahman Turki, General Manager of Retail Banking of Bahrain Islamic Bank.
The payments cards industry profitability has been in the dumper since 2009, but is slowing crawling its way out over the past six years. Payment investment banker and guru R.K. Hammer says this year credit card ROA’s could top 4%.
The number of payment card portfolios sold in 2014 dipped to just five portfolios worth $2.7 billion. This was down significantly from year end 2013 and the record card deals done in 2012. In 2013 an estimated $17.2 billion in 10 portfolios were done, not including numerous tiny card portfolio sales ( < $10MM).