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Empowering the omni-channel through choice in the payments market
A new White Paper reveals the rapid acceleration of mobile connectivity is dramatically changing consumer behaviors and engagement patterns in the payments market. Today, just six years after the first mobile banking apps appeared, financial consumers fully expect anytime-anywhere access to services and the ability to transact when, where and how it is most convenient [...]
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Carbanak look a like Trojan Odinaff targets SWIFT banks
A new Trojan dubbed Odinaff has been reported attacking banks and other financial targets worldwide. Odinaff attacks include the manipulation of embattled SWIFT logs and the extensive use of hack tools. According to Symantec, Odinaff shares a number of links with Carbanak, which is also known for attacking banks and believed to have stolen hundreds [...]
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SolarisBank to work with MasterCard developing banking API’s
SolarisBank has entered a strategic agreement with MasterCard to use the card scheme’s global infrastructure to develop new banking API’s and payments modules for digital startups as a banking-as-a-service platform. The company, which provides a set of plug-and-play APIs to power banking services for fintech startups, has now achieved Principal Membership status with MasterCard, providing [...]
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RS2’s one-stop-shop payment processing for Thai market
Payments processor RS2 Software has announced a partnership with Alpha Payments Cloud to provide banks in Thailand with access to multiple financial and non-financial services through a single integration. This helps them to cut the costs and complexity of back-office integration, and increase functionality and customisation. Thailand’s e-commerce market is on track to be one [...]
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Strong Customer Authentication – The End of Frictionless Card Payments?
It seems that European payments regulation may be forcing the end of frictionless card payments, by making the cards market take a step backwards. We appear to be moving away from the frictionless online payment environment that so many of us use day to day, towards a much higher friction world where every transaction over €10 [...]
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