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Daily News, Mobile Payments -

PKO BP, the largest bank in Poland has selected ACI to support the bank’s ambitious growth plans for its mobile payment system BLIK, in one of Europe’s most innovative and fastest-growing markets. PKO’s IKO payments initiative is a mobile app that allows PKO and Inteligo (its Internet brand) customers and non-customers to make mobile payments across a wide network of stores – [...]

The post PKO BP selects ACI for advanced mobile payment system BLIK appeared first on Payments Cards & Mobile.

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Daily News, Fraud & Security, Products -

MasterCard is reportedly set to invest an additional $20 million in cyber security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors. This spring, MasterCard will launch Safety Net, an initiative designed to reduce the risk of fraud or cyber attacks before issuers and processors might notice the [...]

The post MasterCard to to invest in biometrics and cyber security appeared first on Payments Cards & Mobile.

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Daily News, Fraud & Security -

It is surprising to see that smartphone owners of all people are taking the biggest risks with data security, considering that 74% of all interviewees regularly use their web-enabled smartphone to browse the internet. This makes the smartphone almost as popular as the laptop (75.2%) and even more popular than the desktop PC (63.7%) according [...]

The post Survey on internet security: smartphone and tablet users most reckless appeared first on Payments Cards & Mobile.

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Daily News, Issuing & Acquiring, Risk & Compliance -

Whilst the EMV (Europay, MasterCard and Visa) bashing in the US continues to gather pace, US banks, credit card companies and retailers continue to invest heavily in the technology widely used in Europe. EMV cards provide greater security than the magnetic stripe cards currently in use in US market by including a computer chip embedded in the card and [...]

The post EMV cards are no panacea for credit card security appeared first on Payments Cards & Mobile.

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Daily News, Processing & Systems, Products -

Momentum for Amazon’s payments service Login and Pay With Amazon appears to be building after a sluggish start. In January, Amazon reported strong growth in the service among mobile users last year, with more than a quarter of such payments made with a mobile device while orders processed by businesses using Login and Pay With [...]

The post Amazon payments business trebles appeared first on Payments Cards & Mobile.

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