Processors Not Fintech Startups Most Likely to Disrupt the Payments Industry

While all new technologies will be important to their business in the next two years, the majority of CFOs say they are most concerned with mobile payments and mobile capabilities to manage and approve payments (55%), with blockchain a close second (54%), followed by cloud payments (48%) and data mining (46%). Despite the buzz around…

Bankers Behind the Eight Ball on Formal Payments Strategy

Nearly nine of 10 bankers admit their bank does not have a formal payments strategy. Of those, only 46% have plans to develop a formal payments strategy. Furthermore, 36% of respondents characterize their bank’s approach to payments strategy as “fast follower,” while 54% said their bank takes a “wait and see” approach. Only 3% consider…

Fully-Integrated, Linux-based Portable mPOS Platform Taken to a Higher Level

Verifone has launched two new portable and mPOS products: Verifone V240m & Verifone e285. Both devices are commerce-enabled and certified with the highest level of global security, PCI 5.0. This important certification, granted by the PCI Security Standards Council, ensures strong device protection for cardholder payment data and ensures the strongest possible protection in a…

Software Only Card Payment mPOS App Now in Extended Beta


The first UK technology app enabling micro-businesses to take physical card payments using smartphones without any additional dedicated hardware is not far off. Worldpay announced the launch of the first ever extended-trial of a software only card payment mPOS (mobile point of sale). My Business Mobile will allow businesses to download an app and accept…

Deals Facilitate AliPay in Germany & Empowers VEON Platform in Italy

Wirecard has recently nailed two big deals, one in Germany and one in Italy. In Germany Wirecard inked high-quality knife and cookware specialist Zwilling as a customer for Alipay. The company operates in nearly 100 countries worldwide and is one of the largest kitchen and household goods chains in Germany. The kitchenware specialist will now…

2018 Will Herald Arrival of New Tools in the Fight Against CNP Fraud

Retailers stand to lose $71 billion globally from fraudulent CNP (Card-Not-Present) transactions over the next five years. Factors, such as the USA’s shift to EMV cards, delays in 3DS 2.0 (3D-Secure) and click-and-collect fraud were key drivers behind the rise. New data from Juniper Research has found many merchants still perceive combatting fraud as too…

Discover & Capital One Emerge as Leaders in Mobile Apps for Cards & Banking

When it comes to mobile apps Capital One ranked highest in the retail bank category while Discover ranked highest in overall satisfaction in the credit card category. According to the “J.D. Power 2017 U.S. Banking App and U.S. Credit Card App Satisfaction Studies”: • Ease of use/navigation is the most heavily weighted driver of satisfaction among…

GasBuddy App Brings 65MM Downloads to Fleet Card King WEX for B2B2C Payments

GasBuddy, the only smartphone app connecting 65 million drivers with their Perfect Pit Stop, as buddied with corporate payment solutions provider, WEX. The partnership will focus on innovations that bring added convenience and savings to the more than 200 million driving consumers in the United States that fill up at retail gasoline stations, and represents…

Android Pay + WorldRemit = C2B Payments w/No CC, 3DS, 3G, Wifi or Agents

Digital money transfer service WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Pioneering a mobile-first approach to the $600 illion a year remittance industry, the move sees WorldRemit bringing together the leading players in mobile…

Payfone API-Based SIM Swap Fraud Solution Nabs a Major Patent

A patent for a first-of-its-kind technology thwarting SIM swap scams, one of the fastest-growing types of fraud plaguing consumers, has been awarded. Mobile identity authentication for digital channels specialist Payfone, landed the patent wherein the API-based solution detects and prevents SIM swap fraud by leveraging the company’s unique partnerships with the U.S.’s largest mobile network…

Gemalto Supplies Payments Cards w/Digital PIN Solution for C-zam to Carrefour

Gemalto is supplying Carrefour’s Market Pay with payment cards and a Digital PIN solution for C-zam. This new ‘boxed’ account is available on the shelves of over 3,000 Carrefour French retail stores since 18 April. Once the account has been opened, the card’s PIN code is delivered safely and swiftly via mobile app or website…