As ATMs on large bank networks increasingly use mobile phones for account access — a trend driven in part by mobile banking — non-bank ATM operators are working to enable the same features to attract mobile-savvy cash users.
Many companies in the payments industry position themselves as the answer to the competitive threat of Amazon. But that's not the only option out there.
Once considered one of the strongest methods of ID, finger biometrics can now be copied and used to expertly defeat biometric authentication, writes Deepak Dutt, CEO and founder of Zighra.
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Apple Pay expands with JCPenney; Western Union, BP team in Australia; Citi collaborates with Cornell; Three Square Market plans ID chips in staff.
Digital currency investors and miners will be able to hedge the volatile assets under U.S. regulatory oversight for the first time in just a couple of months.
Chinese e-commerce giant Alibaba Group Holding Ltd. and its Indian associate Paytm E-commerce Pvt are in talks to invest about $200 million for a stake of roughly 20 percent in India’s leading online grocer, Bigbasket, according to a person with direct knowledge of the negotiations.
Varo Money, an app designed for people who want to bank exclusively on their cellphones, announced Tuesday that it has filed formal applications for a national bank charter.
Visa’s efforts to expand its mobile payments service mVisa in developing nations reached a milestone this month in Nigeria, the first country where banks are enabling cross-border payments with the QR code-based mVisa technology.
Security software-maker Gemalto NV slumped after it announced a goodwill impairment charge of around 420 million euros ($489 million), leading to a brace of analyst downgrades.
Once considered one of the strongest methods of ID, finger biometrics can now be copied and used to expertly defeat biometric authentication, writes Deepak Dutt, CEO and founder of Zighra.
Cyberattacks are on the rise, but that doesn't mean becoming a victim is inevitable. The right preventative measures and best practices can help secure digital assets and customer data, writes Robert Fifield, co-founder of Payably.
As an industry, payment system providers and other IoT systems makers in all stripes and colors need to shift the paradigm and build in tamper-proof security based on their original configuration, writes Assaf Harel, CTO of Karamba Security.
The payments industry has come a long way with how it treats loyalty and rewards. Here are some of the more creative offerings to come about this year.
The concept of digital payments doesn't often cross paths with the concept of robots moving autonomously through our world. But in a few cases, robots have been created to handle payments and deliver goods.
Consumers have accepted the use of fingerprint authentication for mobile payments. But will they be as welcoming of facial recognition? A few companies are testing the waters.
Before using Amazon Web Services (AWS), it’s important to understand that as an IaaS provider, AWS is only responsible by default for the security of its cloud infrastructure. AWS goes through great efforts to make customers aware of their responsibilities through the AWS Shared Responsibility Model. The web pages explaining the basics of AWS services frequently reference the model to offer complete transparency into which responsibilities are always taken care of by AWS and which are to be handled by the customer.This white paper is intended to help you make better-informed decisions about the security control options for AWS usage so you can choose the best combination of controls for your organization’s situation and needs.
It’s a story you’ll watch unfold time and time again. The breach. The headlines. The confusion. The public apologies. The finger-pointing. And it’s often followed by some form of the following: “But I was compliant.” Compliance is never enough. The challenges are understandable. Taking the path of least resistance is not.Read this white paper to learn the value of a holistic approach to security.
Looking to go at it alone when securing your public cloud environment? Without a clear understanding of its nuances, even the most state-of-the-art solution won’t make it past an annual compliance audit.This white paper is intended to serve as a detailed guide for those pursuing PCI DSS compliance on their DIY cloud security environment.
Fraud, money laundering and other financial crimes are a thorn in the side of every financial institution. These activities can cut into profits, damage public trust and expose banks to massive regulatory penalties if found to be out of compliance with governmental regulations. Many organizations simply accept financial crime as an inevitable cost of doing business. But today, armed with advanced identity resolution and new kinds of analytics, financial institutions have powerful tools at their disposal to reduce fraud and money laundering.Read this white paper for a solution that offers rich analytics that help banks gain a clearer view of entities, relationships and hidden patterns as they deal with financial crimes including anti–money laundering (AML), anti-terrorist financing and various types of fraud.
