One of the busiest commercial locations in Tokyo is to be equipped with an NFC-based information and advertising service.
Atlanta-based Acculynk Recognized for Global PIN Debit Authentication Gateway
Atlanta, GA (PRWEB) May 24, 2013
BayPay Members Blogs
This additional resource is sponsored by The BayPay Forum.
Recent blog posts
[272 Pages Report] Mobile Money Market report segmented global (Mobile Payments, mCommerce, Remittance, Banking) Market by Advanced Technologies, Value Chain & Adoption Trends; forecasting revenues and analyzing trends.
(PRWEB) May 24, 2013
One of the busiest commercial locations in Tokyo is to be equipped with an NFC-based information and advertising service.
The 25 Minute Boot Camps provide foundational information to developers, executives, marketing teams and payment professionals alike.
New York, NY (PRWEB) May 24, 2013
New and improved Ezcheckprinting software allows start up companies to print on blank stock, add logos and offers many other unique features! Get it at no cost or obligation by visiting http://www.halfpricesoft.com.
Dallas, Tx (PRWEB) May 24, 2013
UK-based SmartDebit have responded to research showing France’s e-commerce sector has grown by 14 percent.
(PRWEB UK) 24 May 2013
SecureKey Technologies, a Canadian online authentication services provider, has joined the Open Identity Exchange(OIX), a US-based non-profit organization aimed at building trust in the exchange of online identity credentials across public and private sectors.
As a board member of the OIX, SecureKey will help shape a market infrastructure for online trust with the development of a new trust framework. SecureKey will also leverage the OIX collaborative model to test the interoperability of business, legal and/or technical concepts and theories in real-world use cases.
Global financial services provider Bank of America Merrill Lynch (BofA Merrill) has launched Cuenta Controlada (Controlled Account) services in Mexico for MXN and USD transactions.
The new offering is an addition to the suite of transaction services available to clients operating in Mexico.
Cuenta Controlada regulates the exchange of cash among multiple parties based on agreed upon contractual provisions as specified by a client. Bank of America Merrill Lynch acts as an independent third party to receive, hold and subsequently disburse the funds.
International secure mobile transactions technology company C-SAM has closed a partnership with mobile commerce services provider TrustNordics to enable organizations to target that installed base by developing and launching NFC-enabled wallets.
The partnership’s initial solution is a wallet platform featuring C-SAM's NFC-based transactions technology and TrustNordics’ Service of a Trusted Execution Environment Service to enable mobile applications for smartphones such as Android, BlackBerry, iOS and Windows Phone. TrustNordics will serve as the wallet’s Trusted Service Manager and offer the wallet under its own brand or on a white-label basis to merchants, financial institutions, non-payment service providers and other organizations. The wallet includes features that enable applications such as payment, access management, loyalty programs and ticketing.
Awareness of contactless mobile payment points and symbols amongst consumers has more than doubled from 15 percent to 39 percent in twelve months, a recent report has revealed.
According to the latest Mobile Payment Index results from research firm eDigitalResearch, whether a user of contactless payments or not, awareness surrounding the technology is on the rise. As more and more brands and businesses, as well as handset manufacturers, begin to invest in the technology, it is not surprising that awareness amongst consumers is starting to grow.
Direct Payment via ACH is the leading method consumers use to pay their bills. More than three-quarters of billers that offer electronic payment options provide Direct Payment via ACH, and now, almost 50 percent of consumer bills are paid through this method. Forty-two percent of consumer bills are still paid through the mail and 11 percent are paid with credit/debit cards, a recent study has revealed.
According to a study released by NACHA – The Electronic Payments Association, billers prefer receiving ACH payments over cards 48 percent to 21 percent. Specifically, billers prefer recurring ACH payments, citing this option as the most favorable payment method. Consumers, on the other hand, prefer one-time ACH payments for bill pay. Of the 47 percent of consumer bills paid via Direct Payment, 25 percent are one-time ACH payments, 11 percent are recurring ACH payments, and another 11 percent are ACH payments originated by biller service providers.
UAE-based financial institution Mashreq has launched an enhanced version of its mobile banking service dubbed Snapp currently available on Apple and Android phones.
Customers can access Mashreq Snapp using their MashreqOnline username and password. There is no requirement to register separately for mobile banking. This mobile banking application will provide customers with access to their bank accounts from their smartphones. Non-Mashreq customers will be able to view product offers, locate nearby restaurants, Mashreq branches and ATMs without having to log in.
EFT Source, a provider of card programs and personalization services for ATM and debit cards for financial institutions, has unveiled that financial institution Centier Bank has launched its patented instant issuance solution dubbed Card@Once.
With Card@Once, Centier’s customers walk into a branch and receive an active payment card. When a customer requests a card, the data is securely transferred from the branch location to EFT Source. The data is immediately processed and converted into an encrypted print file that is sent back to the branch electronically. Card@Once encodes the data and prints the card allowing the customer to walk away with a ready-to-use, active debit card.
Global provider of collaborative business network services Hubwoo has launched the Hubwoo Partner Program for Microsoft Dynamics partners.
The program pairs Hubwoo’s global cloud business network for B2B commerce with ERP solution Microsoft Dynamics, extending the Dynamics community to the over one million companies already on The Business Network. The first partners in the new Hubwoo partner ecosystem are Junction Solutions and I.B.I.S., Inc. who are participating under the Hubwoo partner early adopter program. Junction Solutions is also working directly with Hubwoo to build complete integration to The Business Network from the Dynamics AX solution.
In the US, branch transaction volumes have decreased by 45 percent since 1992, recent statistics point out.
According to the annual Teller Line Study released by Financial Management Solutions (FMSI), branch transaction volumes are still on a descendant path.
US-based PCI compliance services provider ControlScan has introduced a combined e-commerce and payment security offering which includes a hosted payment page designed to keep payment card data outside of a retailer’s own infrastructure.
The newly launches system, dubbed Instant eCommerce, is a white-label product aimed at small merchants with 10 or fewer employees.
Canadian payment processing services provider Moneris Solutions (Moneris) and SecureBuy, a provider of anti-fraud solutions for e-commerce merchants, have entered a strategic alliance.
As part of the agreement, Moneris has integrated its proprietary eSELECTplus payments gateway into SecureBuy's community and enterprise anti-fraud solutions. This will allow e-commerce merchants of any type or size in both the US and Canada to use a single turn-key solution for the entire payment process, from cardholder verification through funds settlement. In addition, both new integrated solutions are cloud-based, eliminating the need to purchase, install, host and maintain software.
Netherlands-based global payment services company Adyen has been awarded with the Customer Choice Award for the “Best E-Commerce Platform/Gateway” and the Judge’s Choice Award for the “Best Overall Fraud/ Security Solution” at the second annual CNP Awards.
The CNP Awards honor the companies, programs and solutions that have distinguished themselves in the card not present space during the past year. Fifty-four solution providers were nominated for awards. Each Judge’s Award winner was selected by a panel of professionals chosen for their experience and reputations in payments and the card not present industry. Each Customer Choice Award winner was selected by merchants within the CNP space.
The Logic Group, a European company specialized in information and transactions management, has been accredited by Payments Card Industry Security Standards Council for its Point to Point Encryption (P2PE) application Solve DataShield.
PCI P2PE Solve DataShield encrypts cardholder data within the PIN Entry Device's secure processor before passing it across a merchant's estate for onward processing of the payment.
