SMS Hijack Attacks Raising Concerns Sending One-Time SMS Passcodes

The National Institute of Standards and Technology (NIST)’s recommendation to deprecate SMS one-time passcodes as a second factor of authentication takes a big leap forward with the help of Payfone. Payfone’s Instant Authentication for Mobile solution thwarts SMS Hijack and SMS-forwarding attacks. The company’s proprietary technology prevents these types of attacks by replacing easy-to-intercept OTPs…

Hot Poynt Smart Payment Terminal to Expand in Europe & Southeast Asia

Poynt has inked a strategic partnership with Wirecard to expand the availability of Poynt Terminals (the Poynt Smart Terminal and the Poynt 5) in Europe and Southeast Asia. The partnership will enable Wirecard to offer businesses of all sizes the most innovative payment solution on the market today. Poynt Terminals’ sleek design makes them easily…

Mastercard Gots the Goods w/Slew of New Payment APIs – Tool Box Now 40+

Mastercard has added API’s for Masterpass QR, Qkr! With Masterpass and chatbot solutions to its ever growing developer tool box to arm banks, retailers and digital providers with what they need to enable payments on new platforms. There are now more than 40 APIs focused on payments, data services and security available to developers. Mastercard…

Digital Businesses Cannot Compete w/o Local Payment Options

The First Data Local Payments solution is here providing digital businesses and their customers with access to 195 local payment options when fully implemented. With First Data’s Local Payments solution, a merchant can manage varying online payment methods through a single interface, using a single collection model. Now, a retailer can easily enable a customer…

Visa’s Major TSP Expansion Targets Embedding Things Paying for Things

Eight out of 10 Americans have a strong interest in using connected devices to make purchases, with a keen eye toward security and data concerns. Meanwhile, Visa confirms it has signed 13 new partners to participate in its token service provider (TSP) program, as the payments industry shifts from plastic to digital and broader access…

Fleet Card Leader WEX Adopts Aggregate Data via Custom APIs

Corporate payment solutions WEX inked a new agreement with Crawler2api. Crawler2api is a major provider of custom real-time APIs and transactional bots. The company aims to make data easily accessible for clients while eliminating the need for websites to maintain costly APIs or structured data feeds. Crawler2api’s proprietary crawling framework enables its clients to request data…