When taken on a global scale, the access to mainstream (bank-backed) financial services and products in the United States is impressive. Worldwide, 38 percent of the population is considered unbanked; that’s about 2 billion people. In the U.S. on the other hand – based on...
Oberthur Technologies (OT), an embedded security software products and services company, announced on Monday (Aug. 1) a partnership with India’s third-largest bank, Axis Bank, to offer the first open-loop EMV contactless smart cards. The cards will be used for public transportation in Bengaluru, the third...
Though it seems like an easy thing to avoid, not clicking on bad links sent by cybercriminals may be harder than you think. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With banks looking for new ways to enable customers to provide secure transactions, they are increasingly turning to voice recognition, with Barclays announcing a voice recognition service on Monday (Aug. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
At the outset of last year’s National Football League season, it seemed like every other commercial was for DraftKings, FanDuel or some other daily fantasy sports site. However, after a year of legal wrangling, it looks like these companies are trying a new direction in...
According to “those familiar with the talks,” IBM is in early talks to purchase Revel Systems as part of its ongoing efforts to expand its reach in the retail marketplace. Specifically of interest, according to those knowledgable insiders, is the latest iteration of Revel’s iPad-based...
Early Warning’s clearXchange P2P network is getting a lot more open and real time. Jennifer Rademaker, EVP at Mastercard, shared with Karen Webster how Mastercard Send will let any clearXchange customer send money to anyone with a bank account in the U.S.
It’s not by chance that the term “logistical nightmare” has entered the corporate lexicon — it can be a massively challenging area of business. Logistics demands multitasking, communication and coordination across an array of parties — and across geographies — and that means the movement of...
Enterprise payments firm i-payout wants more businesses to use a mobile device to make payments. The company announced over the weekend that its business payments solutions can now be accessed on a smartphone through its new NOW mobile app. Get the Full Story Complete the...
