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Processing & Systems -

WorldPay and China UnionPay, the fastest growing card scheme in the world, have announced a partnership which will see WorldPay become the biggest acquirer outside of China for eCommerce UnionPay transactions. The agreement will see WorldPay become the first UnionPay Online Payment acquirer in the US and the vast majority of Europe, to enable merchants to sell [...]

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E-Commerce -

Elavon has partnered with DataCash, a MasterCard  Company, to launch Elavon’s Global E-commerce Gateway solution in Europe. The solution expands payment options, reduces fraud, and ultimately improves sales for businesses accepting e-commerce payments. Designed to meet the evolving needs of businesses everywhere, Elavon’s Global E-commerce Gateway addresses the risk and data security concerns businesses face [...]

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Fraud & Security -

FICO and Equifax today warned UK credit grantors that such threats as first-party fraud are growing, despite the reduction in UK card fraud. The two companies hosted an anti-fraud roundtable today in London with a group of card issuers and processors to explore changing patterns, and discuss how FICO and Equifax are working together to [...]

The post FICO and Equifax warn banks that ‘Hidden Fraud’ is on the rise appeared first on Payments Cards & Mobile.

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Fraud & Security -

Natural security, a pioneering provider of powerful authentication technology, and member of the Biometrics Alliance Initiative, today announces its international launch plans for 2012.   In March this year, natural security will offer the global payments world a preview of the first payment and ID application from its unique authentication solution at Cartes USA and [...]

The post Natural’ approach to payment authentication appeared first on Payments Cards & Mobile.

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Contracts -

Fundtech, a market leader in global transaction banking solutions, today announced that Corporate One Federal Credit Union has executed an agreement to purchase Fundtech’s CASHplus and PAYplus-ACH in order to provide its nearly 800 members with the industry’s most feature-rich and easy-to-use ACH payment system.  By choosing Fundtech, Corporate One will be replacing the APEX-ACH platform offered [...]

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