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Verifone selects Thales to protect card holder data
Thales says that Verifone now uses Thales nShield hardware security modules (HSMs) for its end-to-end payment encryption solution – VeriShield Total Protect – to provide robust, high speed, scalable crypto to protect card holder data, whether transmitted from a card or mobile device, right from the moment of capture. The protection of payment card data by [...]
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£12.8 billion a week set to be sent through digital banking by 2020
The number of mobile banking users is set to almost double from 17.8 million to 32.6 million by 2020, whilst the number of UK adults using online banking will increase from 27.7 million to over 35 million, according to a report, Future Trends in UK Banking, compiled by the Centre for Economics and Business Research (Cebr). [...]
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Consumers want part in protecting their payment cards from fraud
A survey conducted in the US, Canada and the UK by FICO shows that fraud is top-of-mind for consumers in the wake of high-profile data breaches. Respondents’ primary concern about payment fraud wasn’t financial loss, it was the time required to fix the problems created by fraud. This was the top concern for 68% of respondents [...]
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Apple Pay struggling to gain bank support outside US
According to several reports over the weekend, Apple is struggling to get the same level of support for its payments brand Apple Pay, outside of the US. Apple is alleged to have begun to contact financial institutions in Ireland and the UK ahead of a possible rollout of its Apple Pay technology later this year, [...]
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Google Wallet gaining traction with merchants
Google’s efforts to promote broader adoption of its Google Wallet mobile payment system appear to be gathering momentum. The company earlier this week announced that Dunkin’ Donuts and online food ordering service Seamless have integrated their mobile applications with Google Wallet. The integration allows people using these merchants’ retail transaction applications or using their Websites [...]
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