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Mastercard unveils next generation biometric card in South Africa
Mastercard has unveiled its next generation biometric card, combining chip technology with fingerprints to conveniently and safely identify cardholders for in-store purchases. South Africa is the first market to test the evolved technology, with two separate trails recently concluded with Pick n Pay, a leading supermarket retailer, and Absa Bank, a subsidiary of Barclays Africa. The new [...]
The post Mastercard unveils next generation biometric card in South Africa appeared first on Payments Cards & Mobile.
InterContinental confirms malware based payment card breach at 1200 hotels
In December 2016, KrebsOnSecurity broke the news that fraud teams at a number of banks were seeing a pattern suggesting a widespread, malware based, payment card breach across some 5,000 hotels worldwide owned by InterContinental Hotels Group (IHG). In February, IHG acknowledged a breach but said it appeared to involve only a dozen properties. Now, IHG has released data showing [...]
The post InterContinental confirms malware based payment card breach at 1200 hotels appeared first on Payments Cards & Mobile.
FinTech in the MENA region – Payments take centre stage
According to a new report, the FinTech (financial technology) sector is rising globally, and has already arrived in the Middle East and North Africa (MENA). In fact, the number of startups offering financial services in the region doubled from 46 to 105 in the last three years (2013-15). FinTech startups have sprung up in 12 [...]
The post FinTech in the MENA region – Payments take centre stage appeared first on Payments Cards & Mobile.
Samsung introduce Contactless Companion Platform to enable “Digital Cash for Everyone”
Samsung has announced the launch of the Contactless Companion Platform (CCP) together with its ecosystem partners, Smartlink and Ingenico, built with its dual interface smart card chip for Digital Cash applications and form factors. As the smart card chip provider, Samsung introduces a disruptive contactless concept with both partners that combines existing contactless services and [...]
The post Samsung introduce Contactless Companion Platform to enable “Digital Cash for Everyone” appeared first on Payments Cards & Mobile.
Updated Android Pay selected by top global banks to enhance mobile banking apps
Android Pay has linked its mobile wallet service to a handful of mobile banking apps, giving consumers the ability add their cards more quickly to the mobile wallet. Customers of Bank of America, Bank of New Zealand, Discover Financial Services, Poland’s mBank and USAA can now “easily add cards to Android Pay from their mobile banking app with just [...]
The post Updated Android Pay selected by top global banks to enhance mobile banking apps appeared first on Payments Cards & Mobile.
