Mozido & MoneyGram Launch Mobile Wallets

Mozido & MoneyGram Launch Mobile Wallets

Mozido is powering international remittances for mobile wallet users in Sri Lanka.  Mozido has partnered with MoneyGram in this groundbreaking service. Mobile customers of Dialog, Etisalat and Hutch in Sri Lanka registered with eZ Cash, the world’s first inter-operable mobile money service, can now receive international remittances through their eZ Cash mobile wallet. This provides…

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Credit Card & Overall Decline in Spending

Credit Card & Overall Decline in Spending

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Credit spending growth slipped downward in May to 2.4% while SIG and PIN debit each increased slightly over April. According to aggregate same store sales activity in the First Data Point of Sale Network, was impacted by performance in Food Services & Drinking Places, Food & Beverage Stores, Travel, and General…

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my Alpha Wallet Integrates MasterPass in Greece

my Alpha Wallet Integrates MasterPass in Greece

Alpha Bank has become the first bank to offer MasterPass service to Greek customers, bringing innovation for digital and mobile purchases. Over 5,000 online retailers in Greece have recognized the new business opportunities e-commerce has to offer and have already enrolled for MasterPass, thanks to payments acceptance implementation provided by Alpha Bank, Eurobank and Piraeus Bank, the…

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Do Millennials Have & Use Cards?

Do Millennials Have & Use Cards?

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Two recent surveys have found conflicting data regarding millennials. Bankrate says 64% of millennials do not own a credit card, while FICO consumer research shows that 83% of Millennials fully use credit cards to fund their lifestyle. The Bankrate study shows that credit card usage increases with age, wherein 55% of…

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Bank of England Wants Customers Accountable for Fraud

Bank of England Wants Customers Accountable for Fraud

The Bank of England and others want consumers being held responsible for fraud, a move that could ultimately spur more criminal activity. Bank and e-commerce fraud cost British financial institutions nearly £395 million last year, but those huge costs have been traditionally borne by financial institutions, not their customers. However, with fraud growing and the…

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Peach Fuzzer Reveals EMV Terminal Fraud Techniques

Peach Fuzzer Reveals EMV Terminal Fraud Techniques

New research shows EMV terminals can be compromised with malicious spoofed credit cards able to create memory corruptions, denial of services, and arbitrary code execution. Peach Fuzzer says discovering these exploitable vulnerabilities enabled solution providers to mitigate their vulnerabilities quickly and cheaply, before they became a hacker’s attack vector. Researchers from a collaboration between Deja…

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