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Europol today publishes its Situation Report on Payment Card Fraud in the European Union, based on the analysis of intelligence provided by law enforcement agencies and other key operational partners. Although the total number of payment cards (debit and credit) issued in the EU in the previous 12 months reached over 726 000 000,[1] card fraud [...]

The post New European cybercrime centre (ec3) to tackle rising trend in payment card fraud appeared first on Payments Cards & Mobile.

Payments has traditionally ranked among the most dynamic industries in the world, and 2012 was no exception.  The year was marked by new technologies, new entrants, new regulations, and in some segments, the beginning of a return to normalcy.  This retrospective will attempt to highlight those events that were not only newsworthy, but important – [...]

The post Payments 2012 – The Year in Review (and a look ahead) appeared first on Payments Cards & Mobile.

MasterCard Worldwide, Comviva Technologies and Tutuka today announced a strategic collaboration that combines Comviva’s mobiquity mobile payment platform, Tutuka’s prepaid processing platform and MasterCard’s global electronic payments network to further extend financial inclusion to millions of consumers across Africa. The collaboration will enable Operators providing mobile money services using Comviva’s mobiquity® platform to offer their customers [...]

The post Mobile marketing and remote mobile payments transform holiday shopping in 2012 appeared first on Payments Cards & Mobile.

Fiserv has selected Aconite’s Smart EMV Manager solution to further enhance its EMV card processing systems with advanced capability. Operating across a diverse range of card processing platforms, Fiserv needed a single solution that could be deployed in a standard way to provide a consistent EMV migration experience for their thousands of card issuing clients in [...]

The post Fiserv selects Aconite EMV migration solution appeared first on Payments Cards & Mobile.

ACI today the release of ACI Money Transfer System 5.0 the company’s leading wholesale banking solution. The newest version of Money Transfer System offers financial institutions the utmost flexibility in defining and managing their payment processing flows. This most recent update was developed as the result of a large scale collaborative effort between ACI and [...]

The post Money transfer system empowers Financial Institutions to define and manage payment processing appeared first on Payments Cards & Mobile.