Blockchain

12 Partnerships in the Payments Industry Not to be Forgotten

We have witnessed some prominent partnerships established among players in the payments industry. The number of nodes (and complexity) in the payments ecosystem makes it necessary to strike partnerships to get things done (and sometimes to gain competitive advantage). These partnerships have resulted in product launches, solid market expansion and useful...

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Payments

Apriva and Amano McGann Bring EMV to Parking Payment Systems Nationwide

Apriva, the leading provider of secure end-to-end wireless transaction and information solutions, announced a partnership with Amano McGann, the leading provider of parking automation in North America. Through this partnership, Apriva will be enabling integration of their EMV-ready Apriva Gateway into Amano McGann’s parking solutions for both attended and unattended...

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Authentication & Security

Fast Fraud and Merchants: How to Stop Your Next Biggest Threat

Americans are making more purchases online and on their phones than ever before... And many of those purchases are strictly digital—products like e-books, gift cards, and event tickets—with instant delivery to the consumer. For retailers, it’s becoming increasingly necessary to offer digital goods and online sales options in order to compete. This new retail landscape, however, has also opened...

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BankTech

Mobile Banking Leads Financial Liberation in Eastern Europe

Summary: Mobile banking is enabling mobile phone users in Eastern Europe to achieve financial liberation. Despite the rapid adoption of mobile banking initiatives by banks the services on offer mostly seek to serve smartphone users. This single focus could risk alienating the region’s unbanked, feature phone subscribers and could create room...

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BankTech

Alibaba Races Ahead On Big Industry Opportunities, Mybank To Offer Loans Based On Alipay Transaction Analytics

China's e-commerce giant Alibaba has launched an Internet bank called MyBank which will offer loans to small and medium-sized enterprises (SMEs). They are targeting the market that is not served by traditional financial institutions. Unlike its conventional competitors, the online bank neither deals with cash nor with big clients but...

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Payments

Traxpay Nabs PayPal And MasterCard Exec Jochen Siegert as Chief Operating Officer

Traxpay, leader in B2B Dynamic Payments, announced the appointment of Jochen Siegert as Chief Operating Officer. With an impressive pedigree in the payments industry, Siegert has held senior executive management positions at FinTech giants PayPal and MasterCard. Reporting directly to the company’s CEO, his deep understanding of the financial technology...

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Payments

Brad Fauss Named President and CEO of NBPCA

The Network Branded Prepaid Card Association (NBPCA), a national trade association dedicated to supporting the continued growth and success of network branded prepaid cards, announced that Brad Fauss was recently elected to serve as its new president and CEO. Fauss, who was serving as interim executive director and general counsel,...

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