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Industry News: Arxan Revolutionizes Security for mCommerce

Arxan Technologies, the industry-leading provider of application protection solutions, today announced its security solution for all developers launching mobile apps that include cloud-based payment capabilities. Market Watch  –  Arxan Revolutionizes Security for mCommerce

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Industry News: Access all new areas

While it is fairly old news, M-Pesa is remarkable; a developing country implements a mobile money system with basic mobile infrastructure and not an iPhone in sight. M-Pesa has garnered all the headlines during the past five years, but it is just one example of how mobile payments are booming outside the more ‘developed’ Western countries. While Click to continue →

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Industry News: Women, reforms drive China ecommerce

BEIJING: Women are a major reason for the boom in China’s ecommerce which is set to be given a further boost by customs reforms making it easier for them to shop overseas. A report from Minsheng Securities highlighted the fact that women are responsible for more than 60% of general goods purchases made online in China, while 70% Click to continue →

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Industry News: Boston Fed identifies tokenization as key mobile payments feature

In a summary of a June meeting released Tuesday by the Federal Reserve Bank of Boston, the Mobile Payments Industry Workgroup (MPIW) found that developments in tokenization should instill confidence in a payments environment challenged by frequent data breaches and other payments fraud activity, but some hurdles to broad industry adoption of tokenization remain, particularly around standards and Click to continue →