All articles by Louise Naughton
Louise Naughton
Fundtech launches mobile corporate banking platform
Transaction banking solution provider Fundtech has unveiled Mobile ACCESSplus following survey results revealing a high demand for corporate mobile banking..
Instant issuance technology migrates to m-banking
US banks will soon be able to instantly personalise mobile phones in branches – allowing consumers to conduct contactless point-of-sale (POS) payments. US instant issuance technology provider Dynamic Card Solutions (DCS) and m-banking solutions company Tyfone have partnered to develop the service, but are yet to reveal a date for a public launch. Under the agreement DCS mobile personalisation platform CardWizard Perso-to-go personalises cardholder information onto the chip embedded in Tyfones SideTap MicroSD memory card.
Amex and SAP team up to ease corporate e-payments
American Express (Amex) has joined forces with business software provider SAP to provide a plug and play solution designed to combat delays for corporate adoption of electronic payments in the US.
Visa Europe targets ATM fraud
Visa Europe has developed Visa Device Profiling, a fraud management service aimed at targeting suspicious cross-border ATM transactions. Visa claims there has been a marked increase in losses from cross-border counterfeit transactions, with ATM losses accounting for around 20 percent of the total, as fraudsters turn their attention to those countries slower to adopt EMV. Visa Device Profiling aims to draw upon Visa Europes global transaction data to identify the locations where suspicious card usage activity and ATM fraud are most likely to be taking place.
Biometrics the safest verification method – Unisys poll
US consumers trust fingerprint biometrics over entering a PIN number or signatures to verify their identities when using a credit card, an online poll by IT services provider, Unisys, has revealed. The survey shows 63 percent of respondents believe biometrics to be the safest method for credit card verification and authentication, compared to a 20 percent preference for photo identification, 13 percent for PIN numbers and 6 percent for handwritten signatures.
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SEPA a ‘headless chicken’ says chairman of FS Club
European payment professionals have revealed their overwhelming disappointment in SEPAs progress with the Financial Services Club claiming it will remain a headless chicken unless an end-date is decided.
Confusion on PCI DSS ‘deadline day’
The Friday October 1 deadline for PCI compliance was riddled with uncertainty and confusion, leaving UK merchants in thedark about whether or not they need to comply. It has been widely reported that todays deadline set by Visa and MasterCard was targeted at all UK merchants and designed to encourage adoption for PCI regulations However when Cards International asked for confirmation and details of the deadline from Visa Europe it said it was unaware of such reports and denied the deadline was anything to do with merchants in the UK or indeed Europe.
Santander offers UK customers free security service
Santander is urging its UK online banking users to protect themselves from increasing fraud attacks by downloading Rapport, a free web browser security service. The service, provided by security solutions provider Trusteer, is said to prevent online fraud by protecting web communication against financial malware and phishing attacks. When a Trusteer user browses sensitive websites such as internet banking or online payment pages, the service immediately locks down the browser and creates a tunnel for safe communication with the web site
Citi plans ‘aggressive’ m-banking fightback after Landsman exit
Citi has hit back at claims its mobile banking service has fallen behind those of its rivals and is planning a series of aggressive m-banking product launches in the coming months.
Citi fights back with m-banking launches
Citi has hit back at claims its mobile banking service has fallen behind those of its rivals and is planning a series of aggressive m-banking product launches in the coming months.