Latest Apple rumor has company in talks with Visa, others

Expect Apple mobile wallet rumors to come fast and furious over the next six weeks as the iPhone 6 (and iWatch) approach on the horizon. The lastest rumor is from The Information, which reports Apple is discussuing a mobile payments...

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Governments worldwide continue scrutiny of virtual currencies

New York's proposed BitLicense regulatory framework is one of several current initiatives developing around the globe.

Apple in payments: a disruptor's dilemma

Cherian Abraham, who is the mobile commerce and payments lead at Experian Global Consulting, dives into what we could see happen in the next iPhone.

Will India’s Aadhaar fulfill its mobile payments promise?

The main goal of the system is to finally deliver the most basic financial services to a large number of citizens that have, in their abject state of financial exclusion, been reduced to mere spectators to the oft-spectacular Indian growth story.

CFPB turns its attention to mobile financial services

Agency wants to know how emerging tech can help financially underserved consumers

Jumio brings Bitcoin startups together to boost platform's legitimacy

BISON intended to help companies self-regulate.

Bitcoin: The Future of Currency? [infographic]

Top bank industry executives are all talking about Bitcoin’s threat to legacy payments systems, once they understand how it works. Will Bitcoin be the future of currency?

Agenda: ATM and Mobile Innovation Summit 2014

Kurt Helwig, CEO of the Electronic Funds Transfer Association, and Tom Harper, president and CEO of Networld Media Group talk about points of focus — innovation, regulation and security — for this year's ATM and Mobile Innovation Summit. The two-day...

Preview: ATM & Mobile Innovation Summit 2014

Tom Harper, president and CEO of Networld Media Group talks about what to expect from this year's ATM & Mobile Innovation Summit and why executives should consider it imperative to attend and hear what high-level presenters and panelists have to...

Wearables offer a different kind of mobile payment

Smartwatches, bracelets and even glasses are changing how we pay and access financial information.

Cortex MCP to trial secure mobile wallet platform

Rather than store payment credentials on a smartphone SE, firm provides 20-digit sequence to authenticate mobile payments.

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NEWS


LoopPay secures investment from Visa

LoopPay, a mobile wallet platform provider, today announced it has received an investment from Visa, according to a press release. The investment is part of a larger strategic funding round for LoopPay, announced earlier this month, which includes Synchrony Financial...

Visa launches new tools to secure payments from Internet-connected devices and wearables

Visa Inc. today announced the creation of Visa Digital Solutions, what the card company said is a comprehensive suite of offerings that facilitate secure payments across a broad range of Internet-connected devices and wearables. Visa in the press release cited...

Risk management company expands coverage of AML product for cryptocurrencies

IdentityMind Global, a provider of risk management and payments products, announced today in a press release the international expansion of its anti-money laundering solution for Bitcoin and altcoins, including their low-cost Ignite program for Bitcoin startup companies. With its newly...

Consumers recognize mobile wallets, but security concerns prevent widespread use

The majority of U.S. consumers recognize digital wallets as an alternative to cash-based transactions, but use remains at less than one-third thanks to security concerns, according to a new study from Thrive Analytics.

ACI Worldwide to acquire Retail Decisions to boost CNP fraud prevention

ACI Worldwide, a global provider of electronic payment and banking products, and Retail Decisions (ReD), a fraud prevention company, today announced that they have entered into a definitive transaction agreement, according to a press release. Under the terms of the...

Zooz closes $12 million investment round

Zooz, a smart payment technology provider, today announced that it has closed a $12 million round of investment. The round was led by Blumberg Capital, with participation by existing investors including XSeed Capital, lool ventures and Rhodium, as well as new investors Access Industries and Camp One Ventures.

Mexican mPOS provider raises $1 million in latest seed funding round

Sr. Pago (Señor Pago), one of the two largest mobile point of sale services in Mexico, today announced the closing of a seed round of $1 million in funding that includes Silicon Valley tech veterans Jay Adelson and Barrett Lyon, according to a press release.  The company's latest round of funding comes after last month's launch of the Sr.

Gemalto can issue new PINs via SMS

Gemalto last week announced it has supplied a complete software, platform and service solution that securely issues PIN codes associated to LCL payment cards directly to customers via SMS, according to a press release. This new Allynis eService offer is...

Mobile security company XRomb announces patent for entering payment card details

XRomb Inc., a mobile and Web commerce security company, this week announced that the U.S. Patent Office has issued it a patent that covers what it describes as "the most user-friendly way" of loading credit card information into mobile-commerce applications...

Study: Card fraud victimizes one in four consumers worldwide

According to a fraud study of more than 6,100 consumers across 20 countries, one in four consumers has been the victim of card fraud within the last five years. The study, conducted by ACI Worldwide and Aite Group, also indicated...

EBA warns banks to stay away from virtual currencies for now

European financial institutions should avoid dealing with virtual currencies such as bitcoin until there are proper regulations in place, the European Banking Authority warned in a document it released on July 4. The authority did admit in the document virutal currencies have their benefits, but the risks involved far outweigh them.

Mobile security company Omlis expands presence in Latin America

Mobile payments technology provider Omlis announced Monday that it has further strengthened its presence in the Latin American mobile payments arena with a strategic partnership with Stratus Technologies Mexico, the leading provider of infrastructure-based electronic payment systems in Mexico, and...

GAO recommends CFPB examine Bitcoin

The U.S. Government Accountability Office wants the Consumer Financial Protection Bureau to keep a keen eye on Bitcoin and other virtual currencies as their use by consumers continues to grow. The GAO is most concerned about the risks involved with...

AT&T piloting location authentication for bankcard transactions

AT&T plans to pilot a new service that it says will arm companies with the ability to confirm the location of participating customers who opt in to advanced fraud protection when they travel internationally. Businesses will gain the ability to...

NFC ecosystem to get a boost from HCE, trade group says

SIMalliance has highlighted that future growth of the NFC ecosystem and NFC-based applications, resulting from host card emulation (HCE), is likely to expedite SIM-based NFC payment deployments and create opportunities for mobile network operators (MNOs) to address the security and...

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This research center deals with perhaps the most sensitive topic in the mobile payments industry – security. We cover fraud prevention for your business, privacy issues, regulation, malware, hacking, shortcodes, privacy, lost or stolen phones, and EMV.