Canadian biometrics start-up Biony has raised $14 million in Series A financing from a group of investors that includes MasterCard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
“Cardholder data will become increasingly available to the fraud community – making it more difficult for issuing banks to identify the point of compromise, and easier for fraudsters to monetize that data they have with transactions that are reliant on card data alone,” says Nick...
What has paralyzed progress in the U.S. on the global standard for financial messaging, ISO 20022? In a word: risk. Across Europe, 20 financial organizations have already gone live with payments messaging services that meet the standard, thanks largely to the E.U.’s Single Euro Payments...
Since the unveiling of Apple Pay, the entire focus of payments has focused on what Act II will look like, give Act I’s very exciting conclusion. . Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A new study released by the Raytheon and Ponemon Institute reports that a little more than half of IT managers are interested in implementing virtualization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Barclays UK has announced the bank is now handling more than $6.52 billion in payments and transfers per month through its Pingit and mobile banking applications Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
KB Kookmin Card, in partnership with MasterCard, will introduce a virtual credit card that will allow overseas customers easy access to retail sites such as Amazon.com. The “SecurePay” protects users from personal information theft. Get the Full Story Complete the form to unlock this article and...
There’s more reported fallout from the databreach at sandwich-chain Jimmy John’s, with some 100 new restaurant victims identified and a confirmation from the chain that “an unauthorized person gained access to a user name and password that Signature Systems used to remotely access POS systems.”...
The Federal Reserve Banks of Boston and Atlanta applaud the many efforts to standardize payment tokenization, except the part that there are in fact so many such efforts. The potential for confusion and, much worse, standards conflicts undermining token efforts—especially in mobile—is a great concern...
