Mississippi-based payment fraud prevention specialist SecureBuy has announced plans to donate access to its SecureBuy 2.0, 3-D Secure MPI to online retailers through a 10-year royalty-free license, a press release revealed on November 19. Best known as Verified by Visa, MasterCard SecureCode and American Express...
It’s a sobering reality: Despite all the advances that eliminate friction in commerce, banks still struggle to serve poor and often remote populations. Barriers exist due to the limitations of existing electronic payments networks, a lack of awareness, and perhaps most importantly, a gap in...
Litle & Co., a subsidiary of payment processing services provider Vantiv, has announced the launch of a new solution called Recurring Engine, according to a November 6 press release. Recurring Engine allows card-not-present (CNP) merchants to simplify the steps needed to process subscriptions and recurring...
There was a very interesting announcement last week by American Express. On the surface, it’s about taking your unused loyalty points to pay for cabs in New York City. Those wonderful, accumulating, reward points that you believed you would use someday for a grand vacation...
Campus Nation Network and Loop have partnered to create a new mobile wallet targeted specifically toward college students, according to an October 30 press release. Known as Campus Loop, the mWallet will allow students, faculty and administration members to use their mobile devices to make...
Think you know your mobile commerce stuff? Well then, without consulting Professor Google, do you know the answers to the following questions about what’s going on in mobile commerce right now? Q#1: What percentage of U.S. retail sales do MCX merchants command? A#1: According to...
INSIDE Secure, based in France, announced yesterday that it will offer “security hardware, software and payments industry expertise” to mobile commerce platform provider Loop, according to an INSIDE Secure press release. INSIDE Secure’s VaultSEcure element will allow Loop to use payment card data storage for...
Newly acquired mobile payments processor Braintree has announced it will bring one-touch mobile commerce to U.K. merchants, a press release revealed. American Express will serve as Braintree’s marketing partner for the launch. “Bringing Venmo Touch to our European merchants allows them to focus on creating...
On the 12th anniversary of their partnership, MasterCard and CSI are breaking news about how they will help banks and corporate users realize the benefits of virtual cards to manage their accounts payables. Here are a few of the specifics as told by the two...
