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Barclays launch HCE contactless payment app
Barclaycard has launched a contactless mobile app for Android smartphones using HCE (Host Card Emulation) technology. The new mobile payment feature – first previewed in September last year – is finally being activated this week, enabling customers to use their handsets for ‘touch and go’ payments at over 300,000 locations in the UK, as well as [...]
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Verve payment cards launch in Kenya
Nigerian digital payment provider Interswitch is to launch its Verve payment cards in Kenya in 2016 to compete head-on with international card brands and Safricom’s M-Pesa mobile money platform. A strategic partnership with Kenya Commercial Bank (KCB) will expand card acceptance and payment services in 6 key East African markets. “East and West Africa are [...]
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New payment services bring a better customer experience but also the attention of fraudsters
Payment card providers that are battling for market share are introducing new services to defend and expand their client base. New initiatives by issuers bring a better customer experience. However, they also bring the attention of increasingly sophisticated fraudsters. Co-Founder and CIO of risk mitigation experts Global Risk Technologies, Monica Eaton-Cardone, analyses recent moves from [...]
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A ‘Game of Phones’: strategic options for banks in mobile payments
Mobey Forum has published its latest report on mobile payment, which investigates the fierce power plays between banks and the ‘Pay’ models of the original equipment manufacturer (OEM) tech giants. The report is a compilation of insights and analysis from experts’ discussions at Mobey Forum’s HCE (Host Card Emulation) Workgroup. The report entitled, ‘Game of [...]
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Hyatt Hotels latest to have payments card data hacked
Hyatt Hotels has become the latest in a growing list of high profile brands to have their payments card data hacked. The company said Wednesday that it is investigating malware it found on computers used to process customers’ payments, and Hyatt (H) is consulting with cyber security experts. The data breach only affected properties managed [...]
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