TSYS’s ProPay is partnering with ThreatMetrix to provide an advanced fraud prevention system that accurately differentiates real customers from cyber-criminals. The companies are collaborating on TSYS Guardian CyberShield, a cloud-based, real-time identity verification tool that recognizes returning customers while at the same time protects log-in authentication...
Jumping into the lucrative world of in-app purchasing – where free games can make as much as $1 million per day – MasterCard will enable in-app payments for its MasterPass digital payment system beginning in early August, the company announced in recent blog post. Retailers will...
A changing of the guard is underway at NetSpend, a TSYS company, as veteran CEO Dan Henry will be stepping down and Chuck Harris, who has been named senior executive vice president of TSYS – and who will stay on a president of NetSpend –...
Times have changed since Discover and American Express both helped the U.S. Justice Department prove its case that Visa and MasterCard exerted too much competitive influence in the card market by preventing banks from issuing cards carrying their brand marks. Now Discover has turned against...
Oberthur Technologies (OT) and SecureKey will be collaborating on a range of online authentication solutions that could make entering passwords a thing of the past. Based on SecureKey’s bridge.net™ Connect cloud-based digital identity management platform and leveraging OT’s online security expertise, mobile operators will be...
Who better than a mobile operator to actually deploy mobile authentication solutions for commerce? Well, that’s at least the opinion of AT&T who soon plans to test a service for international travelers so that they can avoid declined card transactions. How will their solution compete...
U.K. citizens want more mobile banking, but British businesses have been slow to adapt to eCommerce, according to MasterCard. “I believe we need to prioritize support for innovative start-ups, businesses in the eCommerce and mobile payments sector for example, which are in a unique position...
Visa and MasterCard are trying to find new ways to work around Chinese regulation that prevent the foreign card companies from processing yuan transactions. While Chinese consumers can use foreign cards, currently they are allowed to do so for the clearance of foreign currency, as...
Mobile money platform Monitise has cut its annual revenue growth estimates for the second time, forecasting growth of between 31 and 33 percent, down from earlier projections of 40 and 50 percent earlier in the year. This was enough to cause shares to drop 15...
