Authentication & Security

7 Payments & Commerce Startups using Big Data Analytics

The payments business is increasingly being driven by information. Strategies and execution through information insights can improve profitability, optimize revenue, and cut costs.. Big Data Analytics can introduce some major applications that result in reduction in payments fraud occurrences and in building a body of knowledge from customer data points...

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Payments

Revel Systems Poised to Leverage FreedomPay's P2PE Encryption

The FreedomPay Commerce Platform helps retailers give its customers more personalized experiences and incentives based on their basket contents, past purchases, preferences and demographics. Endorsed by Microsoft Corp. as its commerce partner, FreedomPay has been validated by the PCI Security Council for Point-to-Point Encryption (P2PE), enabled with EMV and NFC...

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Authentication & Security

BillGuard & Experian Team Up to Fight against Payment Card Fraud

Experian Data Breach Resolution and BillGuard, the leading personal finance security company, have launched a strategic collaboration to better protect consumers during an unprecedented era of identity theft. Responding to the recent wave of payment card breaches, the companies unveiled an advanced identity protection suite, combining BillGuard’s award-winning card fraud monitoring...

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Lending

Alibaba & Lending Club Team Up to bring Innovative Financing Solutions in US

Lending Club, one of the world's largest online marketplaces that connects borrowers and investors, and alibaba.com, one of the leading platforms for global wholesale trade owned by alibaba group, have announced a strategic multi-year partnership, making Lending Club the exclusive solution for point of sale business financing of up to $300,000...

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BankTech

10 Countries Riding The Contactless Payments Wave

Over 2.5 million merchants accept MasterCard contactless payments across 66 countries and this number continues to grow. Research from Informa reveals that more than 90% of the total global value of transactions from mobile NFC payments, i.e. US$ 2.4 billion in 2011, was generated in the Asia Pacific region, although...

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Payments

Nvoicepay Raises $6M for Channel Expansion Initiatives

Nvoicepay Inc. recently announced that it has secured a $6 million financing round, led by Mosaik Partners with participation from Silicon Valley Bank, and existing investors. Nvoicepay’s strategic payment solutions automate accounts payable, enabling customers to pay 100% of their invoices electronically, while realizing the financial benefits of payment optimization. “Nvoicepay...

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