Post Tagged with: "tokenization"

The Opportunity To Disrupt the Credit Card Rails May Finally Be Opening Up

The Opportunity To Disrupt the Credit Card Rails May Finally Be Opening Up

by August 21, 2016 at 1:00 am 2 comments

Image source The transition to Chip and PIN credit cards in America currently looks like just a big conversion cost – good for vendors and consultants and a big extra cost and time suck for everybody else.  However, below the surface something bigger is brewing.  Chip on plastic is incrementalRead More

FinTech Acquisition Scores CardConnect Deal Before Money Dries Up

FinTech Acquisition Scores CardConnect Deal Before Money Dries Up

by March 8, 2016 at 6:46 pm 0 comments

FinTech Acquisition Corp., created to acquire a fintech company, has fulfilled its mission. The Philadelphia-based company announced yesterday it would acquire CardConnect, a payments processing platform. Terms of the deal were not disclosed. CardConnect is currently majority owned by FTV Capital, a growth equity investor in payments companies. FinTech Acquisition Corp. hadRead More

Visa Checkout Hits 7 Million Users, and Visa Europe Should Push That a Lot Higher

Visa Checkout Hits 7 Million Users, and Visa Europe Should Push That a Lot Higher

by November 3, 2015 at 10:59 am 0 comments

PayPal, take notes. Visa yesterday disclosed that it has “more than 7 million registered users” for its Visa Checkout service, a PayPal competitor. PayPal counts 173 million active users. Visa Checkout was launched in Aug. 2014. MasterCard, by comparison, has not announced how many registered users it has for itsRead More

MasterCard CEO Confirms Tokenization Will Come to MasterPass ‘Later This Year’

MasterCard CEO Confirms Tokenization Will Come to MasterPass ‘Later This Year’

by June 2, 2015 at 11:02 am 1 comment

MasterCard will add tokenization to its MasterPass NFC product “later this year,” the company’s top executive said today. By adding tokenization, MasterCard will jump into the contactless fray, joining the likes Apple Pay, Android Pay and Samsung Pay. Ajay Banga, president and chief executive officer of MasterCard, told investors at a conferenceRead More

Fastacash Deal Will Let Visa Power Payments on Facebook

Fastacash Deal Will Let Visa Power Payments on Facebook

by February 27, 2015 at 10:35 am 1 comment

It seems Visa will soon make it very easy to pay people on Facebook. Earlier this week Visa Europe announced a partnership with Singapore-based Fastacash, a social payments service. Most of the announcement focused on the rebranding of Visa Europe’s peer-to-peer payment service from Visa Personal Payments to Visa Direct,Read More

Everyone Wants Under the Apple Tree

Everyone Wants Under the Apple Tree

by September 15, 2014 at 3:02 pm 0 comments

Never in the history of payments has there been such a media-frenzied, corporate disrupting and consumer-captivating moment as last week’s unveiling of Apple Pay.

Here’s How the Security Behind Apple Pay Will Really Work

Here’s How the Security Behind Apple Pay Will Really Work

by September 12, 2014 at 11:50 am 35 comments

In an interview with Bank Innovation, MasterCard shared the technical security details for Apple Pay, which will launch next month.

Apple to Use NFC, Tokenization in Payments, Sources Say

Apple to Use NFC, Tokenization in Payments, Sources Say

by September 7, 2014 at 8:53 pm 120 comments

Multiple sources confirm that Apple has been working on tokenization technology and will include it and NFC in the new iPhone 6.