For years, technology major players, the GAFAM (Google Apple Facebook Amazon and Microsoft) have been trying to displace financial institutions when it comes to making payment transactions but in spite of huge investments, they have not succeeded yet to displace traditional financial institutions. The latest step in this fight is Google’s announcement for Google Pay relaunch. The new Google Pay service, will let people pay using their phones and extend its focus to online banking, shopping and loyalty programs. It will include a new mobile-first bank account, called Plex, managed through the Google Pay app, in partnership with major US financial institutions including Citi, BBVA and the Stan
To avoid physical contacts, more payment card users have switched to contactless operation than ever before.
We all expect our travels to be easier and smoother, especially when it comes to air passenger journeys in airports and immigration posts. Our secure transactions industry has been helping to achieve this goal for years. However, the Covid-19 crisis demonstrates that one of the first mitigation measures taken by governments is restricting international travels. Travels after the crisis may become totally different for passengers: biometrics will take precedence over manual checks at airports. The ongoing health crisis not only drastically reduces each of us abilities to fly internationally, but also drives the expansion of contactless technologies. Emirates are launching an integrated biomet
The eternal fight between cops and robbers goes on in the cyberworld. Cybercrime is getting always more structured and organized, in a demonstration of unregulated capitalism. Are corporations and governments able to react fast enough and set up structured cybersecurity operations? The answer is more a management matter than a technology concern. Thales just published its 2020 Cyber Threat Handbook, subtitled “organized cybercrime.” In this document, Thales focuses on the increasingly organized and structured cybercriminal organizations. These organizations are increasingly structured in groups, each group specializing in a particular field, and ready to collaborate with other groups to coo
