CardWeb.com’s CardData Reports today features the “U.S. Financial Services: U.S. Financial Services: Cybersecurity Systems & Services Market – 2016-2020” report from Homeland Security Research.
The U.S. financial institutions cybersecurity market is the largest and fastest growing private sector cybersecurity market. Its cumulative 2016-2020 size is forecasted to exceed $68 billion.
Scandinavian Airlines will formally accept online ticket purchase of UnionPay cards before the end of the summer. It will join hands with many European airlines like Air France, KLM Royal Dutch Airlines, Deutsche Lufthansa, Finnair, LOT Polish Airlines, and Ukraine International Airlines to accept UnionPay.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the ANZ First Visa. The card is issued Australia/s ANZ Bank..
CardWeb.com’s CardPixes database of more than 7,000 card images today features the Scotiabank Gold American Express card. The card is issued by Canada’s Scotiabank .
CardWeb.com’s CardPixes database of more than 7,000 card images today features Suncorp Clear Options Visa issued Citigroup Australia. The card is both Chip & PIN as well as offering the Visa payWave feature.
Entersekt announced Swisscard AECS AG has implemented its mobile application Transakt to enable safer, more user-friendly 3-D Secure protection of online purchases. Swisscard is a joint venture between Credit Suisse AG and American Express. Designed to serve as an added layer of security for e-commerce purchases, 3-D Secure has significantly reduced fraud rates, but has proved unpopular with consumers and merchants owing to the cumbersome user experience of many current implementations. Entersekt’s card-not-present authentication solution reinvents the 3-D Secure user experience by enabling consumers to authenticate purchases through their mobile device with the touch of a button.When shoppers registered for the service initiate a transaction on a 3-D Secure e-commerce web site, they receive a push message on their mobile phone with the payment details. They then choose an “Accept” or “Reject” response.
Thanks to MyBank, the customers of Zurich Connect in Italy can now pay their insurance premiums via online and mobile banking safely and simply through their bank.
MyBank will allow to all the holders of a current account opened within many banks now enabled to acquirer via online their insurance premiums on Zurich Connect site with just a couple of clicks. By offering MyBank on its website, the online insurer provides its customers in Italy with a convenient and secure payment method based on the online banking environment they know and trust. The cooperation between Banca Sella, that offers MyBank payment option throughout GestPay Payment Gateway, and the Italian online company Zuritel, owner of Zurich Connect brand, (http://www.zurich-connect.it/), has made possible for the largest insurance company in Italy to offer payments via MyBank.
PointsPay mwallet/mpayment solution was launched in October in conjunction with Etihad Airways, converting virtual currency such as miles and points into over 150 global currencies for use as payment at over 30 million merchants worldwide. PointsPay shows a rapid upswing of user adoption with 2.6% of the active program members registered; 148,000,000 points loaded (growing at 47% monthly); 3,400 prepaid cards issued; 24% of transactions carried out at merchants in store; and 83% of members remain with a positive points account balance after a transaction PointsPay was used at over 1,200 different merchants worldwide in 62 countries.
CREALOGIX comprehensive e-banking solutions launched its CLX.MobileSecurity for secure authentication on smartphones for new mobile services. Based on the “two-factor authentication” principle, CLX.MobileSecurity uses a USB token or smartphone as a second channel and is currently being used with desktop devices. The multi-platform solution provided by CREALOGIX enables barrier-free access via the audio interface or NFC functionality of the mobile device, without losing any of the required security. The “CLX.MobileSecurity” token is inserted into the audio port of the mobile device for identification or to confirm a transaction. A small, integrated LCD screen enables the additional confirmation of the transaction, making it almost impossible to carry out fraudulent transactions. The audio token can be used with all smartphones, tablets and even desktops.
NetBenefit managed hosting providers will be enabling m-commerce payment business Mocharge, to meet PCI DSS. By partnering with NetBenefit, Mocharge can take advantage of NetBenefit’s pre-approved services to create a Level 1 PCI compliant solution and reduce the amount of work to be done in-house. Mocharge is an independent provider of white-label, turn-key mobile commerce & payment services for payment service providers (PSPs) and acquiring banks. Mocharge is ready to help established payment brands sell secure card payment services to merchants using popular smart phone and tablet devices.
Citi agreed with Credit Suisse’s Asset Management division to provide a comprehensive suite of middle office, custody and hedge fund administration services to support a portion of its US-based Alternative Investments business. Citi will provide custody and back office support for Credit Suisse Asset Management’s proprietary hedge funds. Citi can assist managers in extending and enhancing their operational capabilities so they can refocus resources on core asset management functions. Citi’s industry-focused experts provide investors worldwide with tailored solutions delivered through proven global platforms that feature modular, open architecture.