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Mobeewave say they have signed a global partnership agreement with Samsung that will allow Mobeewave to offer its patented in-person contactless payment acceptance solution on Samsung devices. The solution enables people to accept payment from a contactless card or mobile wallet using only their phone – essentially turning a smartphone into a payment terminal. Under [...]

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BFC Bank, owned by BFC Group, is the latest bank to launch in the UK, promising to act as a new, specialist bank that offers reliable, safe banking services to SMEs, payments service providers (PSPs) and money service providers (MSPs) that trading internationally. BFC Bank has a 100-year history so is not a challenger bank. [...]

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Dutch bank ING has reached an agreement to acquire a 75 percent stake in Payvision, a global merchant acquirer and omni-channel payment provider. The transaction with Payvision is the latest investment in innovative financial services to support ING’s Think Forward strategy.  “In order to stay a step ahead, ING has to constantly innovate. We do [...]

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Security experts are warning companies that the only way to fully protect themselves against hackers is to completely replace their computer systems. The newly revealed, pervasive flaw in chip design, dubbed the Meltdown and Spectre bugs, could allow hackers to steal data. The unusual warning has presented companies with an unenviable choice of embarking on an [...]

The post MELTDOWN AND SPECTRE: WARNINGS ON CHIP FLAW appeared first on Payments Cards & Mobile.

Visa and Dynamics have unveiled the Dynamics Wallet Card, an Internet of Things (IoT) device that holds multiple payment cards and includes a digital display allowing for greater security, instant issuance and on-card alerts or coupons. The Visa-branded version of the Wallet Card is the same size and shape as a normal Visa credit or [...]

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