Payments News

On The Web

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Use

Apple Strikes a Foreboding Tone With Big Ad on Privacy

“Apple, which does not, as in the cases of Big Tech rivals Facebook and Alphabet, command an advertising business reliant on sharing a massive repository of consumer data, will indeed take advantage of its secure position in the market to take the lead on privacy. A link below its video on YouTube points to a […]
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Regulation

PSD2: Strong Customer Authentication

“On 14 September 2019, new requirements for authenticating online payments will be introduced in Europe as part of the second Payment Services Directive (PSD2) . In this guide we’ll take a closer look at these new requirements known as Strong Customer Authentication (SCA) and the kinds of payments they will impact. Finally we’ll cover the […]
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Global

Xiaomi Introduces Own Mobile Payment Service in India

“Chinese smartphone maker Xiaomi has launched its own mobile payment service Mi Pay in India. The Chinese firm received regulatory approval to introduce the service in December last year. The Unified Payments Interface (UPI)-based payments application will enable Xiaomi users to send money to any UPI address and bank account in the country.   Furthermore, […]
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Reports

UN Report: N. Korea Targets Cryptocurrency Exchanges, Banks

“Between January 2017 and September 2018, the Democratic People’s Republic of Korea carried out at least five successful attacks against cryptocurrency exchanges in Asia, resulting in the theft of $571 million in currency, the report concludes. The UN report also notes North Korea’s ability to attack banks across the world, including the Bangladesh Bank heist […]

On The Wires

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Security

Whitepages Pro Introduces Transaction Risk API

“The predictive identity data features included in Transaction Risk API are leveraged in models, alongside internal company data, to provide an additional layer of identity verification for real-time risk reduction at scale. In under 100 milliseconds (ms), the core identity data elements of email, IP, phone, address, and name are scored to return a concise […]
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Providers

Worldpay Becomes First Acquirer to Enable Amazon Pay

“Worldpay, Inc. (NYSE: WP ;LSE: WPY ) today announced it has teamed up with Amazon, making Worldpay the first acquirer enabling Amazon Pay for its merchants. Through this relationship, Worldpay merchants that accept payments in the United States can utilize Amazon Pay, providing an expedited, consistent and seamless online checkout experience. Through Worldpay’s API, online merchants can […]
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