GFG Group partners with fraud prevention experts ReD to provide advanced payments and card fraud risk management offering for issuers and processors
January 28, 2014 - International payments software solutions company GFG Group and world-leading fraud prevention provider ReD have formed a strategic alliance to provide an integrated fraud and payment processing solution to clients.
Oxygen8 unveils multi-channel card payment system
January 28, 2014 - Oxygen8 today announces the launch of Oxygen8PAY, a PCI compliant e-commerce, mobile and IVR card payment solution designed to simplify merchants' card payment operations through a range of communication channels.
FIS Continues its Leadership Role in U.S. EMV Smart Card Transition
January 28, 2014 - FIS™ (NYSE: FIS), the world's largest provider of banking and payments technology, continues to lead the way in EMV production and transitions across the United States. Having launched EMV programs for more than 50 financial institutions over the last 12 months, FIS provides implementation and issuance programs for providers looking to upgrade to the EMV standard used across most of the world. FIS also issues EMV-enabled cards in Canada, Aruba, Brazil, Mexico and the U.K.
Lloyds Bank Group IT system crashes in UK
January 27, 2014 - Lloyds Bank and its Halifax, Bank of Scotland and 'arms-length' TSB unit, which was spun off last year but still relies on its former parent group's IT system, suffered a major outage of its retail banking systems in the UK yesterday with customers unable to withdraw money from cashpoints or pay for in-store goods with their debit cards.
Celent reveals US banks' IT spending to rise 4.5% in 2014
January 24, 2014 - Tech spending by North American banks is expected to hit nearly $60 billion in 2014, marking a return to confidence in the sector after years of underinvestment.
Ipswitch File Transfer MOVEit™ Cloud Awarded PCI DSS 2.0 Report on Compliance as Level 1 Service Provider
January 22, 2014 - Ipswitch File Transfer's MOVEit Cloud environment is now certified for compliance with the Payment Card Industry (PCI) Data Security Standard (DSS) 2.0 requirements for Level 1 Service Providers. Ipswitch is the first Managed File Transfer (MFT) service provider to announce PCI certification. To support customers in demonstrating PCI compliance, Ipswitch is offering a PCI Compliance Toolkit as an add-on to the MOVEit Cloud service.
KVH launches PCI DSS compliant cloud service
January 21, 2014 - KVH Co. Ltd., Asia's leading information delivery platform headquartered in Tokyo, Japan, today announced it has launched the cloud service "KVH PCI DSS Ready Cloud" compliant with Payment Card Industry Data Security Standard[1] (PCI DSS), a proprietary information security standard for organizations handling cardholder information, in partnership with Link, Inc.
Fresh stats show Sepa migration accelerating
January 20, 2014 - New statistics released by the European Central Bank (ECB) show that migration to the Single Euro Payments Area (Sepa) gathered pace strongly in December.
