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Advances in Real-Time Data Tech Can Improve the Payment Process
While real-time payment technology is a hot topic among banks in the U.S., real-time data analysis is likely to come much faster.
Darc Rasmussen, CEO of Integrated Research
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Cloud-based payments and financial services provider Bottomline Technologies has acquired Intellinx Ltd., enabling it to offer clients anti-fraud and risk management software. more »
Constantin von Altrock, a managing director at IRIS Analytics
French payment companies are stepping up the use technology that can spot certain types of card fraud that are not prevented by EMV-chip security. more »
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As payments providers shore up their security, using tokenization on top of biometrics on top of encryption, will there be a need for merchants to manage fraud on a per-transaction basis? more »
David Nye, director of developer operations and IT for WePay.
One of the challenges WePay faces in handling fundraising payments is the lack of visibility into when a given fundraising event will result in a spike of payment volume that is beyond what the vendor can typically handle. more »
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Payments and merchant services provider Worldpay has closed its acquisition of SecureNet Payment Systems from private equity firm Sterling Partners. more »
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As mobile wallet providers seek to add value to their services in the payments market, account aggregator Yodlee says it has a data analysis tool that will help that expansion. more »
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Security vendor Retail Decision Plc (ReD) is working with First Data to deter card-not-present fraud in Mexico. more »
Lisa Stanton
Mobile security provider InAuth has hired Lisa Stanton to be its next chief executive. more »
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Payfone has spent the past five years partnering with the U.S. phone companies to connect 300 million people to its identity system. The company now hopes banks will want to tap into that database for authentication purposes. more »
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The annual Cyber Monday shopping holiday is a boon to mobile payments, but remains a significant challenge for e-commerce security. more »
BlueSnap CEO Ralph Dangelmaier
BlueSnap says its partnership with First Data Corp. will result in fewer declined transactions for e-commerce merchants, thus convincing more of them to turn to the online gateway provider to support global sales. more »
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Payment technology processor Acculynk has agreed to buy the intellectual property of PayPlum. more »
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