15May
Filed in Banking industry news
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In a new white paper, a general banking associated recommends that banks work together to muster a tellurian mobile payments use for general income transfers and remittances. Such a complement would work off an open API, with income eliminated to user mobile phone numbers from existent bank accounts and replenished around ACH or approach debit.
The paper argues that mobile payments contingency be a tip investment priority for banks worldwide and outlines 3 areas of vital event for banks:
• Actively deposit and enhance mobile banking, in sold for corporates;
• Partner with e-commerce companies to benefit knowledge in mobile commerce;
• Develop a tellurian use for mobile income transfers.
Wim Raymaekers, conduct of banking marketplace during Sswift, comments: “Banks have a energy to figure a destiny of mobile payments. Collaboration with room for split is key. All it takes is for a few heading banks to take a initiative.”
In sold with courtesy to international
Article source: http://www.finextra.com/news/fullstory.aspx?newsitemid=23717
API, banking industry, deploy, international money transfers, mobile banking, mobile payment, mobile payments, paper, payment, Phone
15May
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TORONTO, ONTARIO, May 14, 2012 (MARKETWIRE around COMTEX) –
As Canadians continue to adopt mobile record and as direct for
mobile payments capability continues to grow, a banking industry
and credit kinship complement currently announced a set of voluntary, secure,
open discipline for a growth of mobile payments at
point-of-sale in Canada.
The intentional guidelines, technically famous as a Mobile Reference
Model, will offer as a plans for how mobile remuneration capabilities
can be offering in a Canadian market, including discipline around
how information is exchanged among several parties to a transaction
including financial institutions, remuneration label companies,
telecommunications companies and merchants. While voluntary, the
financial institutions that grown a discipline are committed to
these beliefs in a mobile market, and these discipline are
intended to emanate a trail to assistance all marketplace participants move
forward in
Article source: http://www.marketwatch.com/story/financial-industry-announces-guidelines-for-mobile-payments-in-canada-2012-05-14
Canada, Canadian Bankers Association, mobile payment, mobile payments, payment, security, set, technology, today
26Apr
Filed in Banking industry news
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(1888PressRelease) April 23, 2012 – The biggest writer to a AIBN is ‘unforseen or puncture situations’, with only underneath half (49 per cent) indicting this is their many common reason for borrowing. However, for others simply ‘running out of income before payday’ (26 per cent), ‘never carrying adequate cash’ (24 per cent) or ‘convenience’ (22 per cent) yield a reasons behind their spontaneous borrowing needs.
Interestingly, a investigate shows large differences in a value of spontaneous borrowing networks between genders, age groups and locationsii:
Women steal roughly twice as most as group ($9,830,000 Vs. $5,850,000).
18-24 year olds steal $2,400,000 some-more than 30-39 year olds ($7,220,000 Vs. $4,850,000).
Those vital in collateral cities steal roughly 3 times as most as those vital in spontaneous areas ($1.2 billion Vs. $3,460,000).
When it comes to a elite spontaneous lenders, a ‘Bank of Mum’ resolutely tops a list with a infancy of Australians saying
Article source: http://www.1888pressrelease.com/commbank-kaching-lifts-the-lid-on-australia-s-informal-borro-pr-391786.html
Australians, Bank, borrowing money, cent, CommBank Kaching, Kaching, majority, mobile payment, payment
13Mar
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La cinquième édition du Forum Africain des Technologies de la Carte « Cartes Afrique 2010 » aura lieu les 1er et 2 avril prochain en Tunisie. Initié par I-Conférences en partenariat avec les Groupements et les Centres Interbancaires de la Monétique dans la région, ce forum est dédié aux professionnels de la carte de paiement en Afrique. Il se veut le forum le plus important en Afrique sur la monétique et les technologies de la carte réunissant à la fois acteurs, décideurs et intervenant de l’industrie de la carte.
« Cartes Afrique 2010 » est un rendez-vous pour faire le point sur les avancées et débattre les différentes stratégies et opportunités d’expansion du secteur. Des opportunités d’expansions, à caractère régional et en relation avec les nouvelles niches, les dernières Technologies, l’Authentification des moyens de payements et les solutions de fidélisations de la carte seront débattus. En mettant le point sur le Mobile-Payment qui représente l’une des technologies les plus adaptées à la région.
Pendant deux jours de conférences des experts seront présents pour faire le bilan des cinq dernières années, détecter les zones d’amélioration dans les réglementations et présenter les opportunités et le potentiel de développement. Aussi, un espace d’exposition et des ateliers qui seront animés par des développeurs de solutions pour vous éclairer des nouvelles offres adaptées aux consommateurs africains. Les rencontres annuelles depuis 2006, ont réunis plus de 350 représentants d’autorités gouvernementales, experts, et décideurs de l’industrie de la carte à puce en Afrique et à l’échelle internationale.
Source: Tendancemag
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africain, avril, cartes afrique, expansion, forum, gion, lieu, mobile payment, niches, sents
25Nov
Filed in CreditCard | MasterCard
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Extended Functionality of the MasterCard Mobile Over-the-Air Provisioning Service Includes EMV Configuration to Support Maestro PayPass, Maestro Prepaid and the M/Chip Application
Purchase, NY, November 17, 2009 – DnB NOR, Norway’s largest bank and a leader in mobile financial services, announced today its plan to launch a mobile payment services trial for its MasterCard cardholders. Using the MasterCard Mobile Over-the-Air Provisioning Service, the first service of its kind that enables issuers to perform over-the-air personalization of PayPass in mobile devices, DnB NOR cardholders will be able to trial the service that will allow them to use their Near Field Communications (NFC)-enabled mobile phones to make payments wherever MasterCard® PayPass™ is accepted. Telenor, a leading provider of telecommunications services worldwide, is also a partner in the trial.
Continue reading “DnB NOR Partners with MasterCard to Launch Mobile Payment Services Trial in Norway” »
credit card, MasterCard, mobile payment, Near Field Communications, NFC, over the air