Chinese hackers have managed to breach the security of LoopPay, the payment technology company that Samsung acquired earlier this year for $250m, which is at the heart of Samsung Pay. | | | New Products & Technology |
Fujitsu has collaborated with Japanese card scheme JCB to construct a cardless payment system, incorporating Fujitsu’s palm vein authentication technology into JCB’s global network. | | | Scotiabank has become the first bank in Canada to offer a mobile wallet for credit and debit cards on both Android and BlackBerry devices. | | |
Global transactions services provider Saxo Payments has secured a partnership with end-to-end account solutions group PSI-Pay. The PSP becomes the latest payments firm to join Saxo’s Banking Marketplace. | | | MasterCard has formed a global partnership with mobile commerce provider P97 to allow consumers to find, buy and save on gasoline and convenience store purchases through their mobile phones. | | |
After narrowly missing out on acquiring British processor Worldpay last month, French transaction company Ingenico Group is focussing on its own payment services with the appointment of Pierre-Antoine Vacheron as EVP ePayments. | | | | |