AmEx Aims to Reduce Fraud in its Digital Channels Bigly w/Acquisition

American Express has acquired InAuth to help merchants and partners to identify potential fraud utilizing its mobile-first device authentication capabilities. The acquisition also positions the company to capture new opportunities as more consumer activity – from payments to account origination and servicing – moves to digital channels. The acquisition complements and enhances American Express’ comprehensive…

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Biggest U.S. Retailers Have Unpatched Cybersecurity Vulnerabilities

New cybersecurity research reveals nearly 80% of the largest holiday retailers may not be using intrusion detection or prevention systems to monitor all traffic within the cardholder data environment. Additionally, over 90% of major holiday retailers have a SPF Record missing, which increases the risk of an email spoofing attack reaching consumers. SecurityScorecard’s 2016 Biggest…

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Conversational Banking Marries Mobile Multi-Currency for WeChat

Toronto-based Zenbanx introduced “conversational banking,” the ability for customers to use messaging platforms to sign-in, check balances, get exchange rates, and send money from their Zenbanx account without ever leaving their conversation. WeChat, one of the most popular messaging apps in the world, is the first messaging platform to adopt Zenbanx’s conversational banking feature, a simple…

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Western Union Invests in Walletron to Advance its M-Tech Capabilities

The Western Union has taken a stake in Walletron, a pioneer in mobile wallet bill presentment and payment capabilities. The investment supports Western Union’s strategic direction to bring smart and convenient payment experiences to its customers via smartphones. Walletron automates brands’ presence in mobile wallets like Apple Wallet and Android Pay, powering digital engagement and…

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Myanmar’s CB Bank Intros Three New MasterCards for Traveling Customers

Mastercard has teamed with Co-operative Bank (CB Bank) to launch Classic, Gold and Platinum Mastercard cards, which will be made available to Myanmar residents and citizens when traveling abroad. The latest Mastercard research revealed that Myanmar is the fastest growing outbound travel market in Asia Pacific with a growth projection of 10.6% for the next…

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Viber Banking Platform Disrupts Payments World w/Chat-Bot Transactions

Comtrade Digital Services has created an automated banking platform for one of the world’s leading messaging apps, Viber. The transformative new solution is set to shake up the payments world, allowing users to carry out a range of banking transactions entirely through a chat-bot. With the tap of a finger, Viber users of participating banks…

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Upstream+pCloud Launch Secure Cloud Storage w/Micro-Payments via MNOs

Upstream, a mobile commerce accelerator in high growth markets, has launched Cloudeasy, a white-labelled cloud storage offering for Mobile Network Operators (MNOs), in partnership with cloud storage experts, Cloudeasy is a secure, customized storage application that gives MNOs the ability to offer to their customers over 100GB of data storage, over cloud technology. The solution…

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WooCommerce Expands Local Payment Methods in Local Currencies Globally

Payment methods like SEPA, iDEAL, eps, Sofort, giropay, BoletoBancarió, UnionPay and many more are now just a few clicks away. Alternate Payments, a specialist in local payment methods, has launched a plugin for WooCommerce. The company just improved this globally popular e-business platform by developing a plugin which will enable millions of eCommerce merchants, and…

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