Authentication & Security

VISA coming up with Big Changes - Fraud detection & Tokens based new standard

Fraud Detection and Prevention: On October 2, 2013 VISA announced an upgrade to its Visa Advanced Authorization (VAA) technology that vastly improves the ability of its processing network to detect potential fraudulent activity in electronic payments. The global payment processor's VAA technology is used to accept, track and deny payments...

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Mobeam light-based tech works at existing retail POS, gets Samsung’s blessings

Founded in January 2010, a spin-off from Ecrio Inc. (parent company), Mobeam, Inc. is headquartered in Palo Alto, California. Kang Lee is the President and CEO and Christopher Sellers is the Executive Chairman. Mobeam’s unique and patented light-based communications technology claims to overcome the technical obstacles hindering mobile phones interaction...

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NFC with a twist @ Tapit - Focusing on non-payment areas

According to the Strategy Analytics, the NFC capable smart phones are expected to be nearly 400 Mn by the end of 2014 which is around 5% of the world's total population. There is large market opportunity to create contactless payment applications, integrate NFC into connected home and car products, mobile...

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