MYHSM LAUNCHES NEW HSM AS A SERVICE
- 7 years 10 months ago
- Payments
MYHSM announces the first dedicated payments hardware security module (HSM) hosted service using Thales payShield HSMs. MYHSM enables merchants, acquirers, Payment Service Providers (PSP), Payment Facilitators (PayFac), and issuers, to utilise security as a service to simplify operations as well as leverage cloud services while focusing on improving the consumer digital payment experience.
EMVCo Publishes Draft EMV® Secure Remote Commerce Specification v0.9 for Public Comment
- 7 years 10 months ago
- Payments
EMVCo has today published a draft of its EMV® Secure Remote Commerce (SRC) Specification, which is available for download from the EMVCo website and open for a public comment period of 45 days, until Monday 3 December. The global technical body has made the decision to release a draft specification - EMV SRC Specification v0.9 – before finalising the specification to allow as many payment industry participants as possible, including merchants,... more
Square releases new all-in-one eftpos terminal
- 7 years 10 months ago
- Payments, Infrastructure
Today, Square, Inc. (NYSE: SQ) announced Square Terminal, an integrated and innovative all-in-one card processing device designed to be fast, fair, and secure.
BMO Partners with ACI Worldwide to Drive Payments Modernization
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, along with BMO Financial Group (BMO), announced today that BMO has rolled out ACI’s world-class payments hub within their business in just nine mont
Volante Technologies launches Payments as a Service on Microsoft Azure for FIMBank
- 7 years 10 months ago
- Payments
Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing, today announced that FIMBank Malta has signed as the first customer for Volante’s newly launched cloud-based VolPay-as-a-Service offering. Volante will provide FIMBank with a managed service for processing SEPA payments in the cloud, powered by Volante’s VolPay Suite of payments products running on Microsoft Azure.
The transformation of the European payments landscape
- 7 years 10 months ago
- Payments
SWIFT today releases a new paper on the evolution of the European payments landscape. While change is underway in wholesale and retail payments across the world, in Europe, the Eurosystem has set a clear path for financial market infrastructure renewal. This, along with regulations such as the Second Payment Services Directive (PSD2), is driving a period of radical payments transformation across Europe.
LHV selects Form3 to become a Member of UK Faster Payments
- 7 years 10 months ago
- Payments
Form3, the cloud technology provider of Payments-as-a-Service for banks and regulated fintechs, today announced that fintech focused LHV Bank has selected Form3 to provide a fully managed service connecting the bank directly to the UK Faster Payments infrastructure. LHV will join the scheme as a Directly Connected Participant (Member) in 2019.
Ingenico and Trustly partner for online bank transactions
- 7 years 10 months ago
- Payments
Ingenico, the global leader in seamless payment, has today announced a partnership with European payments company, Trustly, that will enable customers in Europe to make secure online transactions directly from their bank account.
Multiple award wins for Paysafe’s female leaders around the world
- 7 years 10 months ago
- Payments
Paysafe Group (Paysafe), a leading global payments provider, has been enjoying a formidable run on the awards front as its female leaders around the world earn high profile recognition for their inspiring leadership and focus on diversity and inclusion (D&I) in the workplace. The company also picked up a coveted ‘Pink Chip Employer’ award in Europe this week in recognition of the positive working environment it has created for its female... more
Capgemini WPR: Banks alone will be unable to master new digital payments ecosystem
Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched today from Capgemini and BNP Paribas.
Fed study finds rising noncash payments fraud
- 7 years 10 months ago
- Payments
The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data. The study's survey of depository institutions found that the value of noncash payments fraud rose 37 percent from $6.1 billion in 2012 to $8.3 billion in 2015. Over the same period, the total value of noncash payments rose 12... more
LHV selects Form3 to become a Member of UK Faster Payments
Form3, the cloud technology provider of Payments-as-a-Service for banks and regulated fintechs, today announced that fintech focused LHV Bank has selected Form3 to provide a fully managed service connecting the bank directly to the UK Faster Payments infrastructure. LHV will join the scheme as a Directly Connected Participant (Member) in 2019.
Standard Chartered and Huawei Partner to Develop Internet of Things Solution to Expand Ecosystem Lending
- 7 years 10 months ago
- Payments, Infrastructure
Standard Chartered and Huawei have announced that they are developing an Internet of Things (IoT) powered solution that could revolutionise the way corporates communicate with banks for financing or payments. Rather than corporates having to manually initiate these transactions through paper-based or emailed instructions, corporates’ and banks systems will be able to ‘speak’ to each other in real-time, triggering financing or payment... more
American Express Partners With Ethoca to Simplify Transaction Disputes for U.S. Merchants and Card Members
- 7 years 10 months ago
- Payments
American Express Company (NYSE: AXP) and Ethoca, a leading provider of collaboration-based technology solutions for merchants and card issuers, today announced they are working together to help American Express U.S. merchants and card members more quickly resolve disputes related to card purchases. American Express has deployed the Ethoca Eliminator solution in its latest step to help merchants reduce time and costs spent handling disputes.
TransLink.iQ Will Manage More Than 250,000 POS Terminals in Uzbekistan
- 7 years 10 months ago
- Payments, Infrastructure
ASHBURN International, a company specializing in solutions for managing and monitoring POS terminal networks, signed a long-term strategic partnership agreement with the Common Republican Processing Center (CRPC) of Uzbekistan. CRPC organizes the complex and goal-oriented movement of the modern bank information technologies in the financial market of Uzbekistan. Common Republican Processing Center is responsible for processing transactions. It... more
