Posts in Financial Services

Staying Ahead in the Payments Game

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Posted on 15th Jul 2014 by in Financial-services

Hot Issues in the Payments Industry We recently gathered leaders from across the banking industry at our annual Smart Payments Forum (SPF), held this year in San Francisco, to discuss trends in the payments industry. Attendees at the SPF agreed that EMV and the protection it provides is integral to reducing card fraud and also serves as a conduit […]

4 Must-Haves for Banks to Build a Mobile Wallet That’s Secure

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Posted on 30th Jun 2014 by in Financial-services

Mobile is a key part of every bank’s strategy to increase retention of account holders by providing a convenient and secure portal to access services. Mobile banking applications already allow consumers to check balances, transfer money and make deposits while on the go. And many banks are now looking at extending the functionality of mobile […]

Payments in Asia: a multi-tier economy?

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Posted on 10th Jun 2014 by in Telecom

With Mobile Asia Expo kicking off tomorrow, over the next few days on the blog we’ll be taking a look at three key areas of the Asian mobile market, starting with payments. The first thing to remember when looking at the Asian market is that to consider it as a single entity is somewhat misleading. […]

Questions Remain for US EMV Migration

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Posted on 29th May 2014 by in Financial-services

The U.S. migration to EMV chip payments is well underway, with many industry stakeholders on track to meet October 2015 liability shift deadlines. But, the U.S. won’t be fully migrated overnight – it will take years to replace all of the cards in America, and the payment terminals at stores, too. Most in the payments […]

NFC in the prepaid market: how Financial Institutions and MNOs benefit from active collaboration

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Posted on 22nd May 2014 by in Telecom

The prepaid cards market is one of the fastest growing non-cash payments market with most of the growth and adoption coming from the US. Within this context, American Express’ Serve, a subsidiary of American Express, specializing in prepaid services, allows customers to enroll their service through Mobile Network Operators (MNOs). Together with two other major […]

Four takeaways from InfoSec 2014

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Posted on 13th May 2014 by in Financial-services

This year’s InfoSec, held at Earls Court in London, did not disappoint.

Do you “speak” EMV? Six terms you need to know to get ready for EMV payments

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Posted on 22nd Apr 2014 by in Financial-services

A whole new language is coming with EMV credit cards. Did you know that an EMV credit card isn’t used by swiping it?  “Swiping” will someday be a term of the past (along with the mag-stripe relics that swiping supports).  Credit cards with an EMV chip are “dipped”, “waved”, or “tapped.”  Not to worry, it’s […]

EMV in the U.S.: Chip cards are here, but where is EMV at the POS?

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Posted on 18th Mar 2014 by in Financial-services

There’s no doubt that EMV credit cards are finally making their way to the United States.  It’s almost become old news that all of the major credit card issuers in the U.S. have begun issuing EMV cards to a portion of their customers and are steadily working towards converting all of their cards to EMV.  […]

Mobile payments in the UK – contactless progress

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Posted on 5th Mar 2014 by in Telecom

Regular followers of our blog will know we are interested in contactless payments around the world, but also in the UK in particular. We ran our first Contactless Challenge in London following the 2012 Olympics, pitting two influential bloggers against each other. This was swiftly followed by a similar challenge in the US. Now, however, […]

How will EMV credit cards be used to make payments?

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Posted on 27th Feb 2014 by in Financial-services

The way that we make credit card transactions is going to change as EMV cards become more common (those are credit cards with a chip). In the U.S. we’ve become accustomed to making a credit card transaction with a swipe.  But EMV cards aren’t swiped.  Instead, they are “dipped” into the payment terminal, and left […]