Telecom Italia has deployed Gemalto’s Mobile Finance Services for the launch of its mobile wallet. The solution includes the LinqUs Trusted Services Management (TSM) platform for the secure management of NFC applications and the LinqUs mobile payment platform for transaction management. Get the Full Story...
African mobile operator MTN has partnered with “Take Your Money Everywhere” (TYME) – a division of the South African Bank of Athens, to launch an entirely mobile bank. They have also partnered with Boxer and Pick n Pay to provide deposits and withdrawals of cash...
Visa has launched its new Visa Consumer Authentication Service, which helps issues mitigate eCommerce fraud risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Remittance and foreign exchange provider UAE Exchange has partnered with money transfer giant Western Union to extend joint operations in Morocco. UAE Exchange is already a leading agent for Western Union in the Middle East. Get the Full Story Complete the form to unlock this...
The Irish Payments Service Organizations has released a statement pointing to a new kind of fraud targeting ticket vending machines. The organization explains that while the banks in Ireland have secured ATMs from skimming attacks, criminals are now using a new type of skimming equipment...
Chase has begun an instant-issue debit card program at 2,000 branches, with special emphasis on the New York City, Chicago and Los Angeles regions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
UBS has been fined £29.7 million (discounted from £42.4 million for early settlement) by the UK’s Financial Services Authority (FSA) for failing to prevent unauthorized trading by one of its employees. The trader, Kweku Adoboli, has been convicted of two counts of fraud by abuse...
Failsafe Payments and Amazon payments have signed a contract to extend the latter’s range of online payments. The contract will provide merchants with access to CertoConnect a payment platform which enables alternative payments without the need for a credit card. Get the Full Story Complete...
Securities and Exchange Commission chairman Mary Shapiro has announced that she will step down on Dec. 14, 2012, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...