Posts Tagged ‘USA’

Five lessons for financial sector leaders in developing services for the future

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Posted on 14th Apr 2015 by in Financial Services

The youth are, as they say, the future. What then should banks be doing to ensure they are developing the right services for when they grow up?

How can mobile empower customer retention and growth for banks?

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Posted on 10th Apr 2015 by in Financial Services

Trust in banks is still tentative, making retaining customers hard and growth even harder. We discuss how mobile can help.

Singapore shows us the future of banking

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Posted on 31st Mar 2015 by in Financial Services

Singapore, one of the most technologically advanced nations on earth, has enthusiastically adopted mobile banking. What can the rest of the world learn from their attitudes to banking?

Instant issuance helps banks reconnect with customers in the wake of retailer breaches

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Posted on 10th Mar 2015 by in Financial Services

2014 was the year of the data breach as we saw more breaches than ever before: 63,000 retail-related security incidents across 95 countries last year alone. While breaches are big news for retailers, they’re also big news for consumers and banks because of the credit and debit cards that need to be re-issued. A poll by the […]

What’s trending at SCA Payments Summit: EMV migration and contactless payments

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Posted on 28th Jan 2015 by in Financial Services

As the EMV migration is in full swing across the United States, contactless and mobile payment opportunities continue to grow, too. The wider availability of mobile payments like Apple Pay and SoftCard is driving this popularity as well.  When contactless payment programs like these incorporate the security of EMV through the use of a secure […]

Record data breaches in 2014 teach important lessons

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Posted on 27th Jan 2015 by in Financial Services

The Identity Theft Resource Center reported that data breaches hit an all-time high of 783 in 2014, and in many instances payment card details were compromised along with personal information like email addresses, phones numbers, or physical addresses. This meant that more payment cards had to be reissued due to breaches in 2014 than in […]

The “Payments Theory of Everything” explains how EMV, NFC, HCE, and BLE fit together

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Posted on 17th Dec 2014 by in Financial Services

Traditional commerce is no longer the only piece in the payments puzzle.  Innovation in payments is happening so quickly that it’s hard to imagine how all of these emerging technologies are going to work together – or will one technology dominate?  Which way will the industry go?  Will cloud-based payments take over, or will secure-element […]

Money20/20 Day 2, live from the show floor: 3 top trends in payments security

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Posted on 5th Nov 2014 by in Financial Services

Money20/20 continues to light up Las Vegas this week as payment experts gather for the industry’s new premier event. Mobile payments and transaction security continue to dominate the discussions here at Money20/20 along with emerging technologies like biometrics, big data, and wearable gadgets. As we listen to talks from players across the space – Visa, […]

Money 20/20 – Key takeaways from Monday’s payment security talks

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Posted on 4th Nov 2014 by in Financial Services

Money20/20 kicked off yesterday with a perpetual buzz surrounding payments security.  This tweet from Dave Birch perfectly sums up what we’ve been hearing in the overflowing conference halls: It’s no wonder that authentication and privacy are hot topics.  Consumers are demanding to know their account data is safe and transactions are secure as the number […]

EMV gains steam as President Obama signs Chip & PIN law in the U.S.

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Posted on 22nd Oct 2014 by in Financial Services

President Obama sent a strong message to American consumers and the payments industry by endorsing the highest level of security for government payment cards and terminals.  He set the government the task of “leading by example”  by calling for “chip & PIN” EMV cards to combat fraud on 3 million credit cards issued to government […]