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iovation announced the immediate availability of iovation Phone Verification. The two-factor phone authentication solution provides an additional fraud-fighting layer.  “With today’s always-evolving cybercrime schemes, it is essential to provide a layered defense against the most sophisticated attacks,” comments iovation VP of product Scott Olson. “We are introducing Phone Verification because it is a proven and easy-to-deploy solution [...]

The post Stopping fraud with a mobile phone appeared first on Payments Cards & Mobile.

Fundtech, a market leader in global transaction banking solutions, today revealed the results of a recent survey on banks’ sentiments towards Dodd-Frank section 1073, which mandates transparency around costs, timing and repudiation for consumer cross-border transfers. The study exposed widespread sentiment that Dodd-Frank 1073 will have little benefit for consumers but will have far-reaching negative [...]

The post Banks believe Dodd-Frank 1073 will have negative impact appeared first on Payments Cards & Mobile.

Ingenico  announced it has reached an agreement in principle with Summit Partners to acquire Ogone, the leading pan-European online payment services provider for an enterprise value of €360 million.  This acquisition represents a key milestone in the execution of Ingenico’s strategy of becoming the unique "one-stop-shop" provider covering multi-channel payment solutions: point-of-sale, online and mobile. [...]

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An Infographic showing who owns what IP in Credit Cards An Infographic showing who owns what IP in Credit Cards

The post Credit Cards & IP appeared first on Payments Cards & Mobile.

1 in 3 Americans would buy financial services from retailers 1 in 3 Americans would buy financial services from retailers

The post Walmart Vs Banks appeared first on Payments Cards & Mobile.