BayPay Members Blogs

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ODIN Blockchain launches blockchain powered chat

June 7, 2019 ODIN Blockchain has launched ODIN.CHAT, a mobile app allowing users to chat privately and send funds. The company uses blockchain technology to secure the chat app, according to...
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EMVCo releases new ecommerce specifications for secure transactions across devices


June 7, 2019 EMVCo said it has released the new EMV Secure Remote Commerce Specification v1.0, which will enable processing of secure ecommerce transactions in a consistent and streamlined fashion across...
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FSS Digital Banking Case study

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Entrust Datacard completes acquistion of hardware security firm nCipher from Thales

June 7, 2019 Entrust Datacard said it completed its acquisition of nCipher Security from Thales, a deal that gives it one of the leading general purpose hardware security modules. Thales was...
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JPMorgan Chase to shut down Finn, transfer customers to Chase online accounts


June 6, 2019 JPMorgan Chase is shutting down Finn by Chase, a mobile banking app that was aimed at millennial and younger consumers that have been abandoning traditional banks for startup...
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Airfox launches banQi challenger bank in Brazil


June 6, 2019 Airfox, a Boston-based fintech, announced the launch of banQi, a challenger bank in Brazil that is aimed at 50 million consumers who cannot afford or access a traditional...
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Latin America: An ecommerce economy on the rise

Latin America: An ecommerce economy on the rise
June 6, 2019 By Jack Ehlers, director of product, payment networks and business development at PPRO Latin America has historically been one of the most economically diverse continents in the world....
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Mobile banking app Step raises $22.5 million in Series A funds led by Stripe


June 6, 2019 Step Mobile Inc., a mobile banking app for teens and families, said it raised $22.5 million in Series A funds led by Stripe. The funding round was backed...
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Bombas reaches $65,000 settlement with NY AG over response to data breach

June 6, 2019 Online socks retailer Bombas reached a $65,000 settlement with the New York State Attorney General for failure to promptly notify customers of a data breach that impacted nearly...
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Fingopay names Cardstream as payment gateway ahead of Manchester launch


June 6, 2019 Fingopay, a biometric payment company that uses VeinID technology, reached an agreement with Cardstream to support its expansion in the U.K. Cardstream, through its Open Payment Network, provides...
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Messaging app partners with Visa for mobile payments, blockchain

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Latin America: An ecommerce economy on the rise
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June 6, 2019 Line, a messaging app based in Japan, has partnered with Visa to allow customers to use the Line Pay mobile payments solution through a virtual Visa card. The...
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LabCorp says personal data of up to 7.7 million possibly impacted by data breach

June 5, 2019 Laboratory Corp. of America Holdings, a medical lab that operates under the LabCorp name, said it was the victim of a massive data breach involving the same collection...
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Visa, Western Union partner on faster cross-border payments through Visa Direct

June 5, 2019 Visa and Western Union announced a cross-border payments alliance, which will allow consumers and businesses to make faster payments through the Visa Direct push payments platform between hundreds...
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Blockchain gaming platform adds Star Trek ships

June 5, 2019 Lucid Sight, a blockchain gaming company, has announced it has partnered with CBS Interactive to add Star Trek ships to CBS's space game Crypto Space Commander later in...
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Axel launches wallet on its blockchain service

June 4, 2019 Axel, a blockchain startup, has launched its Wallet on its blockchain powered Axel Network. The wallet will offer full cryptocurrency functionality, multi-signature capabilities and Masternode Staking for the...
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Lawyer shares tips on handling gray areas of blockchain regulation

The Financial Crimes Enforcement Network unveiled its own interpretive framework for how virtual currency businesses can do business without breaking regulations. These businesses have to register with the FinCEN, get an...
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FOMO Pay working with Discover to increase acceptance for cardholders

June 4, 2019 FOMO Pay, an integrated payment solution provider to merchants in Singapore, and Discover Global Network, which has more than 44 million merchant acceptance locations and 2 million ATM...
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Paysafe study shows consumers still favor passwords over biometics

June 4, 2019 Paysafe Group issued a new report showing a majority of consumers feared that the switch to biometrics would expose them to a greater risk of identity theft than...
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PayPal makes strategic investment in open banking platform Tink


June 4, 2019 Tink, a Stockholm-based open banking platform, announced a strategic investment from PayPal that will be used to help finance the company's European expansion. As part of the agreement...
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House Judiciary to launch antitrust probe into Silicon Valley giants

June 3, 2019 The House Judiciary Committee announced an antitrust investigation of Silicon Valley, which will conduct a "top-to-bottom" review of the market power and competitive activities of major U.S. technology...
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