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Secure Transactions News

Some news from the Secure Transactions Industry are here. A lot more are in Smart Insights Weekly.

The IoT Cybersecurity Alliance is born

Thursday 16 February 2017

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 Samsung Pay Mini on non-Samsung handsets

Thursday 9 February 2017

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.

Netcetera acquires mobile wallet provider Nexperts

Thursday 9 February 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 acquires MoneyGram for US$ 880 million

Thursday 2 February 2017

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.

Daimler buys payment company to develop Mercedes Pay

Thursday 2 February 2017

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 and Bain acquire Concardis

Thursday 26 January 2017

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).

We need you!

Thursday 19 January 2017

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.

ECB launches consultation on instant payments settlement service

Thursday 19 January 2017

The European Central Bank (ECB) has launched a market consultation on the user requirement for the development of a settlement service for real-time instant payments in central bank money, billing 2017 as a "decisive year" for the success of innovative retail payments services in Europe.

Google redefines its autonomous car strategy with Waymo

Thursday 12 January 2017

After a couple of quiet months, Alphabet’s self-driving car project is moving out of the X research lab, gaining a brand and becoming an independent business. The new company is named Waymo and will sit alongside other fledgling business including Fiber, Nest and Verily within Alphabet.

Visa and MasterCard sign a reciprocal tokenization agreement

Thursday 12 January 2017

Visa and MasterCard have signed an agreement intended to accelerate the adoption of tokens in Visa Checkout and Masterpass, the companies' respective digital wallets.