Consumers are at risk of falling victim to fraudulent payments made on contactless credit and debit cards that have already been cancelled following a loss or theft. Link: Contactless payments mean card fraud now happens after cancellation
Did you know that cash based transactions consume 5-7% of our GDP right now? In a move which can change everything related with financial services in the country, Indian Govt. has decided to go full throttle on adapting cash less payments. In fact, as per reports coming in, Govt. Link: This is BIG! All Govt. …
This is BIG! All Govt. Transactions Above Rs 1000 May Be Now Cashless By Law Read More »
Dutch digital security technology provider Gemalto launched a dynamic CVV/CVC solution it said will protect consumers and merchants from card-not-present fraud. The CVV/CVC is usually a static three-digit number on the back of traditional credit cards. Link: CNP Mobile: News
It wasn’t so long ago when we were considering the idea of LG joining the mobile payment market, wondering how long before Huawei and other mobile device makers followed suit. With a market built right in—mobile device users needing payments—it seemed a natural extension. Link: LG Officially Announces LG Pay Mobile Payments
The Massachusetts Institute of Technology, one of the most prestigious universities in the world, is launching the first graduate level financial technology course in the United States. Link: MIT Launches First Graduate Fintech Course
