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Major banks invest millions into cyber security startup Menlo
A number of major banks and networks have invested millions of dollars into a cyber security startup that aims to paralyze phishing attacks, in which hackers try to trick people into either revealing their login credentials, downloading viruses, or visiting sites laden with malicious software. Big banks such as JPMorgan Chase, American Express and HSBC are among the investors in a new $40 million [...]
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Visa sensory branding elements – sound, animation and haptic – for completed transactions
Visa has announced a suite of sensory branding that will support the Visa brand in an expanded universe of connected, payment-enabled devices. These new sound, animation and haptic (vibration) cues will help signify completed transactions in digital and physical retail environments when you pay with Visa. “For 60 years, the Visa brand has been a global symbol of innovation, speed, [...]
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KONA I and Linxens sign strategic cooperation agreement
KONA I, a global FinTech leader and a state-of-the-art smartcards and payment solutions provider and Linxens, a global leader in the design and manufacture of microconnectors for smartcards and RFID Antennas & Inlays have signed a strategic cooperation agreement. KONA I and Linxens have signed a strategic cooperation agreement aiming to conquer new markets in [...]
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What is the purpose of PSD2 for payments?
The purpose of PSD2 is enabling third parties creating new Financial Services through open APIs to customers’ bank accounts. Such systems already exist but currently rely of questionable methods typically requiring consumers giving their login credentials to third parties, which in turn through “screen-scraping”, effectively impersonate their clients to their on-line banks. One of the objectives with PSD2 is [...]
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10 predictions for the data security market in 2018
2017 was another year of major data security, data loss and hacks. These data breaches have increased pressure on business and individuals alike, to clearly focus on the importance of... more
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