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Open Canada
The
Similar to
The Canadian committee includes representatives from the fintech community, law firms, banks and the
Google security exec joins Swift
Blanchez was formerly a global security and compliance strategist at Google, working ten years with teams in California and Europe to address cloud compliance and security.
He also held positions at SAP's global corporate strategy group in Germany, BARCO in Singapore and The Boston Consulting Group in Belgium.
Biometrics in Bahrain
Despite some
Ithmaar Bank and Eazy Financial Services plan to launch a biometric payment network in Bahrain, supported by the Labour Fund Tamkeen.
The bank's consumers will use fingerprints at ATMs to initiate financial transactions, as an alternative to cards.
Transit support
Visa's
As part of the program, Ingenico will focus on contactless payments for ticketing platforms to accommodate security, payments and both closed and open loop payment systems.
Ingenico has recently deployed open payment transit systems in Milan, Kiev and Bratislava.
From the Web
CCN | Sat September 29, 2018 - The chairman of the Distributed Ledgers and Artificial Intelligence taskforce, Bitange Ndemo has advised the Kenyan government to tokenize its economy in order to deal with the increasing issues of corruption and uncertainty. Ndemo made known his opinion during a meeting between the Kenyan ICT ministry stakeholders and members of the private sector..
The Motley Fool | Sun September 30, 2018 - Square recently made its payroll services, which it launched in 2015, available as a mobile app. The app lets employers import time cards, enter hours, and submit pay runs, while Square handles the filing, paying, and withholding of payroll taxes.
Reuters | Fri September 28, 2018 - Brazilian payment processor Cielo SA’s once fat margins have been decimated by rivals who lease or sell credit card terminals to merchants for a fraction of what the market leader has long charged. Now Cielo is fighting back, offering services such as inventory management and market intelligence tools to justify its premium pricing and retain its core payments clients, two sources close to the company said.
More from PaymentsSource
Sourcemedia's annual PayThink conference is always productive and informative, and this year's event was no exception. Taking place during the last week of September in Austin, PayThink brought together leaders and innovators, and they weren't shy about sharing their visions for the future of payments — or their gripes about the state of the industry today.
The potential for voice payments is massive and drawing significant attention from developers. But limited use suggests it's not ready for prime time.
Visa is pursuing the online criminals to prevent future fraud. Visa also works with law enforcement agencies to quantify potential losses and, where possible, assist in the threat mitigation.
It seems that every year, at least since Apple Pay launched in 2014, it’s the “year of the mobile wallet.” And each year, like clockwork, the banks end up disappointed in the lack of traction in mobile wallet usage and adoption.
