Secure Transactions News
Some news from the Secure Transactions Industry are here. A lot more are in Smart Insights Weekly.
Smart Insights: IoT to generate EUR 21.5 billion in revenues for security solution providers by 2022
Intelling is publishing a new Smart Insights Report “Security solutions to expand smart IoT markets” that analyzes the Internet of Things (IoT) security business opportunity. IoT is the major technological revolution since the rise of internet. Every industry and market segment is embracing the IoT opportunity; by 2022, there will be 27 billion connected devices. Security will be a key driver for IoT growth.
Google Assistant, the intelligent personal assistant integrated into Google Home, the Allo app, Google Pixel and Android Wear, looks set to offer a payments service as part of its tool suite.
Cyberattacks on banks and others have seemingly disappeared, making them all the more dangerous.
A group of businesses from across the IoT value chain have formed the IoT Cybersecurity Alliance, aiming to use their combined expertise to allay business concerns about the Internet of Things and solve its security challenges.
Samsung introduces its mobile payment system for Android called Samsung Pay Mini. The service, available only in South Korea to start, will launch in Q1/2017.
Swiss financial software company Netcetera acquired Austrian mobile wallet provider Nexperts for an undisclosed sum in a bid to increase its footprint in the mobile payments sector.
Ant Financial, the financial technology company controlled by billionaire Jack Ma, announced the acquisition of US money-transfer service MoneyGram International for US$ 880 million (EUR 822 million). This is the company’s second US deal.
Customers of Daimler’s mobility services will soon be able to use a dedicated Mercedes Pay mobile payments platform, allowing them to “easily and securely pay for mobility offerings and services using their smartphones”, the German automotive giant has announced.
Advent International and Bain Capital Private Equity announced that they have signed a definitive agreement to acquire Concardis, a German payment service provider, from a group of German private banks, co-operative banks, savings banks and DZ Bank (cf. Smart Insights Weekly #16-42).
Smart Insights Weekly has been in existence for more than ten years now. The industry has undergone a complete transformation at the same time. Of course, we have been evolving over the period and we cover all the core issues in the industry and publish information relating to all the main trends in the industry.