The information you need to start your day, from PaymentsSource and around the Web:
Amazon at the Casino
Both companies also have checkout technology in common.
Help wanted
Fintech N26 is opening an office in Vienna and plans to hire hundreds of IT specialists and engineers.
The new office will focus on security, with a particular focus on fraudulent payments and other transactions, reports
Elevated
The
Unisys has also added an API integration that supports direct linkage of third party data with bank platforms, a key goal of PSD2 and most open banking systems that seek to give consumers access to financial data beyond their bank accounts.
Globe trotting
Apple Pay is expected to launch shortly in Austria, where
Austria will join other nations that recently began to support Apple Pay, including Saudia Arabia and the Czech Republic.
Financial institution support at launch will likely include Bank Sparkasse and N26, which have both promoted Apple Pay support in Austria in the past,
From the Web
The Wall Street Journal | Tues April 23, 2019 - Capital One Financial Corp. and American Express Co. spent an estimated $18.6 million and $13.5 million, respectively, on Facebook ads meant to sign up new consumer-credit-card holders in 2018, according to Mintel Comperemedia’s analysis of data from digital marketing intelligence firm Pathmatics, up from $2.8 million and $4 million in 2017.
Computerworld | Tues April 23, 2019 - Nearly 40 percent of ‘Gen Y’ consumers use digital means to make everyday purchases, a survey commissioned by Bankwest has found. Defined by Bankwest as payments made with a digital card on a smart device, digital payments were most commonly used by the youngest cohort in the survey, although 23 percent of Gen Xers and 11.5 percent of Baby Boomers made purchases using this method.
Financial Times | Tues April 23, 2019 - Now, some 12 years after Vodafone co-founded M-Pesa, the mobile payments venture that took east Africa by storm, banks are upping their game to improve financial inclusion rates across Africa and the Middle East, as technology widens their ability to deliver banking services at lower costs.
More from PaymentsSource
Mastercard is expanding its Girls4Tech education outreach program with new partnerships, and tightening the focus on subjects broadly in demand in the payments industry.
Norwegian digital payments provider MeaWallet is offering a new payment tokenization solution that delivers Mastercard, Visa and American Express tokenization services through a single connection.
As part of its formal spinoff from consumer lender Affirm, B2B e-commerce platform Resolve is launching automated payments that offer extended net terms for product buyers.
Mobile banking and payment apps have seen remarkable growth in popularity and usage worldwide over the last year.
