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  • Posts tagged 'PIN '

News tagged: PIN

CTO Insights: PIN-on-Mobile is coming 29 November, 2017

CTO Insights: PIN-on-Mobile is coming

Imagine taking a regular smartphone and turning it into a payment acceptance device with a simple app download. That’s the utopian dream many companies are chasing today and it could bring huge benefits to the payments ecosystem, merchants and consumers as card and mobile payments continue to grow. (more…)

Anticipated new PCI SSC standard for Pin On Mobile set to transform payments globally 08 November, 2017

Anticipated new PCI SSC standard for Pin On Mobile set to transform payments globally

‘PIN on Mobile’ (PoM, also known as ‘PIN on Glass’) is the latest innovation in payment acceptance that is set to revolutionise the Payments industry. The publication of a new, major Payment Card Industry Security Standards Council (PCI SSC) ‘Software-Based PIN Entry’ standard for PIN on Mobile solutions will enable merchants to accept PIN-based payments entered directly in to consumer off-the-shelf devices (COTS). (more…)

GlobalPlatform releases its new consumer-centric model configuration 27 January, 2017

GlobalPlatform releases its new consumer-centric model configuration

Industry association GlobalPlatform has released its consumer-centric model configuration. This framework enables consumers to have ultimate control over which secure applications they want to use from the Secure Elements (SE) housed within their trusted devices. (more…)

Online transaction fraud to more than double to $25bn by 2020, finds Juniper Research 04 May, 2016

Online transaction fraud to more than double to $25bn by 2020, finds Juniper Research

A new study from Juniper Research has found that the value of online fraudulent transactions is expected to reach $25.6 billion by 2020, up from $10.7 billion last year. This means that by the end of the decade, $4 in every $1,000 of online payments will be fraudulent. (more…)

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