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Search Results: Payments

White Paper Explores Contactless Payments and the Role of NFC Technology in U.S. EMV Migration

December 1 – As the U.S. migration to EMV chip payments continues, some industry participants are thinking about preparing to process payments made using EMV contact chip cards, EMV contactless chip cards, mobile NFCdevices, or all three. Yet for some, misconceptions around what NFC technology really is and how it can be used with EMV chip payments persist. To clarify how NFC and EMV work as companion technologies, the Smart Card Alliance has released a white paper on “EMV and NFC: Complementary Technologies Enabling Secure Contactless Payments.”


Cardtek to Provide Mobile Payments Solution to MasterCard Processor

November 17 – Cardtek, a leading software developer for financial transactions and provider of EMV migration solutions, has been selected by MasterCard Payment Transaction Services S.A. (formerly Trevica S.A.), a payment processing company fully owned by MasterCard, to provide their HCEXpert solution. Cardtek’s solution will enable MasterCard Payment Transaction Services S.A. to provide managed services to its banking customers for NFC payments on smartphones. 


BAI Payments Connect

When: March 7-9, 2016
Where: San Diego
More information>>

Banks Failing to Provide Secure Connection for All Online Payments

October 30 – New business research* by Kaspersky Lab and B2B International reveals that 33 percent of financial services don’t offer customers a secure channel for all their online payments.


First Hawaiian Bank Selects Digital Banking and Payments Suite from Fiserv

October 23 – Fiserv, Inc., a leading global provider of financial services technology solutions, has announced that First Hawaiian Bank, the oldest and largest bank in Hawaii with $18.7 billion in assets, has selected a suite of digital banking, payments and personal financial management (PFM) capabilities from Fiserv.


Mobile Payments Field in Chaos Now, but Moving Toward ‘Business as Usual’

October 20 – When looking back on the history of payments, October 2013 should go down as a landmark in technical and social cultural history. It was then that access to the Internet by mobile device exceeded access to the Internet by desktop or laptop computer in the United States. And the rest of the world is trending in that direction as well, says Aite Group’s latest report, Mobile Online Payments: Disruption and Opportunity.

Electronic Payments Coalition Commends FBI for Statement on EMV Migration

October 16 – The Electronics Payments Coalition has commended the FBI for its announcement on EMV migration to consumers. It released the following statement:


Payments Innovation Alliance Launches Mobile Wallet Initiative

September 11 – The Electronic Payments Association has announced its Payments Innovation Alliance has launched a Mobile Wallet Initiative to enable stakeholder companies and the broader mobile wallet community to leverage an “open” acceptance platform that includes support for retailer- and bank-branded mobile wallets for electronic payments.


Vantiv Launches OmniShield Assure(TM), a New Payments Security Suite to Protect Small and Medium-Sized Businesses

September 11 – Vantiv, Inc., a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, has launched OmniShield Assure, a security bundle designed to assist in protecting consumer card data, significantly reduce the chance of counterfeit fraud and enhance payment processing security to help merchants with PCI 3.1 compliance requirements.


Real-Time Payments

By Paul McMeekin

Imagine a world in which consumers have control over their money and are connected directly to their payment mechanism of choice no matter where they are. In this world, shoppers pay anyone directly from their accounts, banks reclaim a direct relationship with consumers and retailers drive up store spending. Payment stakeholders benefit by eliminating inefficiencies in the payments ecosystem, thereby reducing costs and protecting margins in the face of relentless change and regulation.


Kryptronic Internet Software Solutions