Industry Perspectives on Mobile/Digital Wallets and Channel Convergence
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
The Mastercard Compliant Service Provider List
The Mastercard Compliant Service Provider List A company’s name appears on this Compliant Service Provider List if (i) MasterCard has received a copy of an Attestation of Compliance (AOC) by a Qualified Security Assessor (QSA) reflecting validation of the company being PCI DSS compliant and (ii) MasterCard records reflect the company is registered as a Service Provider by one or more MasterCard Customers. The date of the AOC and the name of the QSA are also provided. Each AOC is valid for one year. MasterCard receives copies of AOCs from various sources. This Compliant Service Provider List is provided solely for the convenience of MasterCard Customers and any Customer that relies upon or otherwise uses this Compliant Service Provider list does so at the Customer’s sole risk. While MasterCard endeavors to keep the list current as of the date set forth in the footer, MasterCard disclaims any and all warranties of any kind, including any warranty of accuracy or completeness or fitness for any particular purpose. MasterCard disclaims any and all liability of any nature relating to or arising in connection with the use of or reliance on the Compliant Service Provider List or any part thereof. Each MasterCard Customer is obligated to comply with MasterCard Rules and other Standards pertaining to use of a Service Provider. As a reminder, an AOC by a QSA provides a “snapshot” of security controls in place at a point in time. Service Provider Name Region AOC Date Assessor DESV 1&1 Internet SE (1&1, 1&1 ipayment, Europe 05/09/2016 Security Research & Consulting GmbH ipayment.de) 1Link (Guarantee) Limited SAMEA 11/17/2015 Trustwave 1Shoppingcart.com (Web.com Group, lnc.) US 04/13/2016 SecurityMetrics 1stPayGateWay, LLC US 05/27/2016 IBM Internet Security Systems (ISS) 2138617 Ontario Inc. -
Kiosk III ISO 18092 Contactless Device
Kiosk III ISO 18092 Contactless Device The ViVOpay Kiosk III is a flexible stand-alone contactless reader comprised of a compact controller module and an RFID antenna module packaged individually giving equipment manufacturers flexibility to integrate contactless payment functionality with their host systems. The design approach allows the controller module to be easily installed within minimal footprint and effort in a customer-facing locations. The ViVOpay Kiosk III is certified with most contactless payment programs such as MasterCard® PayPass™ , ExpressPay from American ExpressSM, Visa® VCPS and Discover® DPAS. It also supports Apple Pay, Softcard, and other mobile wallets. In most cases a host system with ViVOpay Kiosk III would be enable with contactless payment functionality without the need to go through lengthy re-certification. The ViVOpay Kiosk III also supports contactless ticketing functionality such as used in most transit systems worldwide as well as NFC mobile phone payments and promotions. It’s powerful ARM processor and remote download capability allows for future scalability and updates. Operators can rest assured that the investment of today will support the developments in contactless payments of the future. Features and Benefits: Square Bezel Antenna • Contactless: Compatible with ISO 14443 Type Small Footprint for applications with A & B Mifare and ISO 18092 NFC compatible limited space or flush mounting. phones. • Applications: Retail drive-thru, ticketing machines, transit turnstiles/fare collection Contactless NFC systems, reload machines for transit system, airport self check-in, parking ticket validation/payment boxes, parking meters and many other inside and outdoor applications. Angled Bezel Antenna For a more integrated application • Flexibility: Controller module and RFID and increased tamper resistance. -
How Mpos Helps Food Trucks Keep up with Modern Customers
FEBRUARY 2019 How mPOS Helps Food Trucks Keep Up With Modern Customers How mPOS solutions Fiserv to acquire First Data How mPOS helps drive food truck supermarkets compete (News and Trends) vendors’ businesses (Deep Dive) 7 (Feature Story) 11 16 mPOS Tracker™ © 2019 PYMNTS.com All Rights Reserved TABLEOFCONTENTS 03 07 11 What’s Inside Feature Story News and Trends Customers demand smooth cross- Nhon Ma, co-founder and co-owner The latest mPOS industry headlines channel experiences, providers of Belgian waffle company Zinneken’s, push mPOS solutions in cash-scarce and Frank Sacchetti, CEO of Frosty Ice societies and First Data will be Cream, discuss the mPOS features that acquired power their food truck operations 16 23 181 Deep Dive Scorecard About Faced with fierce eTailer competition, The results are in. See the top Information on PYMNTS.com supermarkets are turning to customer- scorers and a provider directory and Mobeewave facing scan-and-go-apps or equipping featuring 314 players in the space, employees with handheld devices to including four additions. make purchasing more convenient and win new business ACKNOWLEDGMENT The mPOS Tracker™ was done in collaboration with Mobeewave, and PYMNTS is grateful for the company’s support and insight. PYMNTS.com retains full editorial control over the findings presented, as well as the methodology and data analysis. mPOS Tracker™ © 2019 PYMNTS.com All Rights Reserved February 2019 | 2 WHAT’S INSIDE Whether in store or online, catering to modern consumers means providing them with a unified retail experience. Consumers want to smoothly transition from online shopping to browsing a physical retail store, and 56 percent say they would be more likely to patronize a store that offered them a shared cart across channels. -
User Guide User Guide
User Guide User Guide User GH68-42147A Printed in USA Legal Notices Warning: This product contains chemicals known ownership in the Intellectual Property is transferred to to the State of California to cause cancer and you. All applicable rights of the Intellectual Property reproductive toxicity. For more information, please call shall remain with SAMSUNG and its suppliers. 1-800-SAMSUNG (726-7864). Open Source Software Intellectual Property Some software components of this product, including but not limited to ‘PowerTOP’ and ‘e2fsprogs’, All Intellectual Property, as defined below, owned by incorporate source code covered under GNU General or which is otherwise the property of Samsung or its Public License (GPL), GNU Lesser General Public respective suppliers relating to the SAMSUNG Phone, License (LGPL), OpenSSL License, BSD License and including but not limited to, accessories, parts, or other open source licenses. To obtain the source code software relating there to (the “Phone System”), is covered under the open source licenses, please visit: proprietary to Samsung and protected under federal http://opensource.samsung.com laws, state laws, and international treaty provisions. Intellectual Property includes, but is not limited to, inventions (patentable or unpatentable), patents, trade secrets, copyrights, software, computer programs, and Disclaimer of Warranties; related documentation and other works of authorship. You may not infringe or otherwise violate the rights Exclusion of Liability secured by the Intellectual Property. Moreover, EXCEPT AS SET FORTH IN THE EXPRESS you agree that you will not (and will not attempt to) WARRANTY CONTAINED ON THE WARRANTY modify, prepare derivative works of, reverse engineer, PAGE ENCLOSED WITH THE PRODUCT, THE decompile, disassemble, or otherwise attempt to PURCHASER TAKES THE PRODUCT “AS IS”, AND create source code from the software. -
Is Payment Tokenization Ready for Primetime?
Is Payment Tokenization Ready for Primetime? Perspectives from Industry Stakeholders on the Tokenization Landscape Marianne Crowe and Susan Pandy, Federal Reserve Bank of Boston David Lott, Federal Reserve Bank of Atlanta Steve Mott, BetterBuyDesign June 11, 2015 Marianne Crowe is Vice President and Susan Pandy is Director in the Payments Strategies Group at the Federal Reserve Bank of Boston. David Lott is a Payments Risk Expert in the Retail Payments Risk Forum at the Federal Reserve Bank of Atlanta. Steve Mott is the Principal of BetterBuyDesign. The views expressed in this paper are solely those of the authors and do not reflect official positions of the Federal Reserve Banks of Atlanta or Boston or the Federal Reserve System. Mention or display of a trademark, proprietary product or firm in this report does not constitute an endorsement or criticism by the Federal Reserve Bank of Boston or the Federal Reserve System and does not imply approval to the exclusion of other suitable products or firms. The authors would like to thank members of the MPIW and other industry stakeholders for their engagement and contributions to this report. Table of Contents I. Executive Summary ................................................................................................................. 3 II. Introduction .............................................................................................................................. 4 III. Overview of Tokenization ...................................................................................................... -
Mobile Payment
Telecom & Media Viewpoint Mobile payment Is this the turning point? Mobile payment has been on the agenda of numerous players across industries for more than a decade. Now, with Apple Pay and Google Wallet launched and the markets equipping themselves, mobile payment may finally take off. Is this the turning point in developed markets? Mobile payment has taken off, but not in developed cashless societies early are still in a nascent stage. In Sweden, markets – until now for example, where cash payments decreased to 22% of total transactions, mobile payments still only represented 3% of Mobile payment has taken off on a global scale, accounting for transactions as of 2014. a total of 285 billion USD in 2014 and representing 7% of global A well-known success story in developed markets is the electronic transactions. Arthur D. Little expects these figures to Starbucks mobile payment app. The app was launched in 2011 continue growing at a fast pace, exceeding 800 billion USD and counted 12 million users in 2014, which the firm claimed by 2017. accounted for about 90% of US mobile payment transactions. Figure 1: Global m-payment value forecast [2013-17, bn USD] Other prominent examples are driven by Korea Telecom in South Korea and NTT DoCoMo in Japan. Nevertheless, success stories 823 in developed markets are mostly regionally bound and specific, such that they have not been replicated or extended on a global 605 scale. 426 Nonetheless, Arthur D. Little believes a turning point for mobile payment in developed markets is more likely than ever 285 188 before. -
Financial Technology Sector Overview of Market Activity in the Financial Technology Sector William Blair & Company
Quarterly Update Q1 2015 Financial Technology Sector Overview of Market Activity in the Financial Technology Sector William Blair & Company Financial Technology Sector – First Quarter 2015 Update M&A and capital markets activity remained strong during the first quarter of 2015, particularly in the United States. In fact, U.S. stock indices marked all-time highs during the quarter and deal-making activity continued its upward trajectory, propelled by improving confidence among consumers and corporate executives, low-cost credit, and record levels of cash. While market participants largely ignored the prospect of rising interest rates, a collapsing energy sector, global currency concerns, and continued economic uncertainty abroad, this could be an area of concern moving into the second quarter of 2015. One of the most prominent storylines within the financial technology sector in the first quarter was the escalating bets made on payments solutions by the likes of tech giants Apple, Google, and Samsung. The release of Apple Pay unilaterally raised the stakes across the industry and was a catalyst for a wave of high-profile announcements, including Samsung’s acquisition of LoopPay, Google’s acquisition of Softcard, and PayPal’s acquisition of Paydiant. Traditional payments providers are thus being further pressured to accelerate innovation and expand international reach, which has in turn refocused corporate strategies away from building domestic scale and vertical plays toward acquiring differentiated, earlier-stage, technology platforms with global capabilities. Global’s acquisition of Realex, Worldpay’s acquisition of SecureNet, and MasterCard’s acquisition of TNS’s gateway are recent examples of this trend, which we believe will be a significant driver of sector M&A activity going forward. -
Ugo Bechis E-Payment & SEPA Advisor to UBI Banca Former EPC CWG Chair - CSG Co-Chair
2016 The year of convergence of Market & Regulation Prepaid Summit Europe 2015 10.11.2015 - Milano Ugo Bechis e-Payment & SEPA Advisor to UBI Banca former EPC CWG Chair - CSG Co-Chair © 2010 Colt Telecom Group Limited. All rights reserved. 2016 - Market & Regulatory convergence The Retail commerce context & payment needs How the pre-paid impacts on new payment solutions Challenges , focus areas to be competitive EU Regulation - New degrees of freedom & opportunities Digital culture is more than tech innovation Ugo© Bechis2010 Colt Telecom Group Limited. All rights reserved. The (e)Commerce ecosystem - what Retailers want The new Retail model Convergence of in-Store and in-App Mobile as a way to attract / retain / sell (geo-location , offers , loyalty) Retailers goals : To close the sale, get paid ; no abandonment (30%) No friction : easy , quick , intuitive The “one button” trx (1 click to buy & pay , in-App) Retailers “mobile powered” sales process Mobile Paym Apps use friendy & “open” to payment/non-payment (eg: loyalty) , decupled Ugo©Bechis 2010 Colt Telecom Group Limited. All rights reserved. Mobile powered in-store/in-App convergence “In-APP” emulation of the in-store processes geo-localization , in-store to in-cloud , in-App emulation , e-Comm /e-Paym The “mobile powered” customer interaction Attract : geo-localization + beacons + sales incentives Retain : giving a in-store “enhanced” experience by emulating in-App the physical interaction Buy : Loyalty/Fidelity cards in-wallet , decupled Buy & Pay : user friendly Mobile Apps - “one click” trx Ugo© Bechis2010 Colt Telecom Group Limited. All rights reserved. Payment solutions : too much choice = no choice ... Ugo Bechis© 2010 Colt Telecom Group Limited. -
Is Payment Tokenization Ready for Primetime?
Is Payment Tokenization Ready for Primetime? Perspectives from Industry Stakeholders on the Tokenization Landscape Marianne Crowe and Susan Pandy, Federal Reserve Bank of Boston David Lott, Federal Reserve Bank of Atlanta Steve Mott, BetterBuyDesign June 11, 2015 Marianne Crowe is Vice President and Susan Pandy is Director in the Payments Strategies Group at the Federal Reserve Bank of Boston. David Lott is a Payments Risk Expert in the Retail Payments Risk Forum at the Federal Reserve Bank of Atlanta. Steve Mott is the Principal of BetterBuyDesign. The views expressed in this paper are solely those of the authors and do not reflect official positions of the Federal Reserve Banks of Atlanta or Boston or the Federal Reserve System. Mention or display of a trademark, proprietary product or firm in this report does not constitute an endorsement or criticism by the Federal Reserve Bank of Boston or the Federal Reserve System and does not imply approval to the exclusion of other suitable products or firms. The authors would like to thank members of the MPIW and other industry stakeholders for their engagement and contributions to this report. Table of Contents I. Executive Summary ................................................................................................................. 3 II. Introduction .............................................................................................................................. 4 III. Overview of Tokenization ...................................................................................................... -
What to Watch for When You Sign Your Next Deal
CMT T V T A AGENT CONTRACTS 8IBUUPXBUDIGPSXIFOZPVTJHOZPVSOFYUEFBM C1_ISOApr14 1 3/19/2014 4:56:26 PM 044_ISOApr14 1 3/18/2014 7:47:41 PM !"# $$ %&!#'())#! #*!+&,- #$ (!2#!(!) *)3"#*!+ +.*,'(+ ()&+ *% ($#!&,- !*,)*'&#, *,+ *'3 (*&% !#$#)*% /(,(!*#! (!&(.*% *,+ 3*!-("*'0 %(!) ,(-!*(+ &'0(&,- 1)( #4,%#*+*"%( #,3%1 *((,) 2#! ,"# ,+ (*+) &)0 %(!) "1 7(14#!+ *%() &$(%&,( '&.&1 "1 -(, (!'3*, #$$(+ !#'())&,- %(!) (,+ *&%) *,+ 5*6() *((, #4,%#*+ %(!) *%(,+*! 4&3 *)0) *,+ $$#&,(,) &.( $(, *'3() 5 *3* #,%1 045_ISOApr14 2 3/18/2014 7:47:58 PM Inside 04.2014 Cover Story Burton C.J. rii r r l i li pli i l i i ri T A T N S G il rii i r r i ir r i r lri iri il ll rr A E T S AA T T A S I A T G A T O i r ii r r A i rr r ii A pi i r rp i r i ip T T S S T lpp r ir i r i ii A i li r ri ri i p ril r r r i ii In Every Issue E S r i r iri r A ir r pi r ri ir r pl r r r iri lp r ll r i llir ip l il i il ir ppr lli r r ir ri A pr p r pi ir r pri r l A i ISO&AGENT April 2014 002_ISOApr14 1 3/19/2014 11:17:58 AM 003_ISOMar14 2 2/24/2014 1:25:22 PM Online isoandagent.com Is Square Preparing Companies Dier For Public Oering? On Cloud Models March March r rprl l il i A ri prir ir pii il r il r p p r li i i pi TSYS Ups Investment In Central Payment eb. -
Mobile Banking Today: Fed Report
Growing the Bank with Mobile The Bottom Line on Risks & Rewards Lee Wetherington, AAP Director of Strategic Insight Jack Henry & Associates, Inc.® 1 | © 2014 Jack Henry & Associates, Inc.® Presenter Lee Wetherington Director of Strategic Insight • Develops actionable insight and strategy for the financial services industry • Delivers keynotes nationwide • Technology Faculty Chair and guest lecturer for graduate banking schools • Authors articles for industry trades • Degrees in Economics and English from Duke University • Accredited ACH Professional (AAP) @leewetherington 2 | © 2014 Jack Henry & Associates, Inc.® Mobile Banking Today: Fed Report • Mobile phones are in widespread use. – 87% of the U.S. adult population has a mobile phone, consistent with 2013. – 71% of mobile phones are smartphones (Internet- enabled), up from 61% in 2013. • 39% of all mobile phone owners with a bank account used mobile banking in 2014 – Up from 33% in 2013 and 29% in 2012. • 52% of smartphone owners with a bank account used mobile banking in 2014 – Up only one percentage point from 51% in 2013 4 | © 2014 Jack Henry & Associates, Inc.® SOURCE: Federal Reserve’s 2015 Consumers and Mobile Financial Services Report Mobile Banking Today: Fed Report, 2 • 11% of mobile phone users with bank accounts plan to use mobile banking within a year – Down from 12% a year earlier • Mobile banking usage – 94% check account balances/recent activity – 61% transfers between own accounts – 57% receiving alerts (text, push notification, or e-mail) • 51% of mobile bankers used mRDC in 2014 – Up from 38% in 2013. • Frequency of mobile banking usage – 5X per month in 2014 (same since 2012) 5 | © 2014 Jack Henry & Associates, Inc.® SOURCE: Federal Reserve’s 2015 Consumers and Mobile Financial Services Report Mobile Payments: Fed Report • Smartphones are changing the way people shop and make financial decisions. -
Past MPC Companies @Pay LLC 123WIRING 1Sale 3Cinteractive 7
Past MPC Companies @Pay LLC 123WIRING 1Sale 3Cinteractive 7 - Eleven AARP Abc Media Network ABnote Abrinix IT Consulting ACCEO Solutions Acceo Tender Retail Access One Inc Accu Search Acculynk ACI Worldwide, Inc. ACT Canada Active Activewave Parking ActPay AdGent Digital ADN ADS ADT Advanced Data Systems Affinion Group Affirmative Technologies, Inc African Communication Services Aite Group ÄKTA Alcatel-Lucent AlixPartners Allegiant Systems Alliance Data Allied Fiber Allstate Allstate Insurance AllthatSoft Alternet Systems, Inc. Amadeus Amalgamated Bank of Chicago Amazon Development Center Amazon.com, Inc. American Banker American Collection Systems, Inc. American Express American Network, Inc. AmeriMex Communications AMT Consumer Services AnchorFree Angola Payment Systems, SA ANPI Antares Computer Systems AnyWhere Commerce AP Technology Apac & Cala Apex Merchant Services, Inc AppGage, LLC Apriva Arbinet Arent Fox LLP Argentina Arrivalist Arroyo Consulting LLC Artinsoft Corp Arvidson Consulting Arxan Technologies Asemca Associates Inc Asemca Telecom Associates(Si Gimbel) AT & T At Home ATS Mobile Augmentum, Inc. Avaya Averon B2 Banco Popular Bank Innovations Bank News Bank of America Merchant Services Bankcard Services BanZoo Barclaycard Barclays Barcode Media Group, Inc Bernstien BerryReview Best Buy Bill 2 Pay Bill to Mobile Bill2Pay, Intuition Systems Inc. Billguard Bio Track Thc Blackboard Inc. Blackhawk Network Bluefin Payment Systems Bluesky BlueStar Inc BlueWave Communications BMO Braintree Bravo Tip or Pay Breakaway Communications Breaking Banks Brian Brands Bridelwood Consulting Business Channel Strategy Business Insider Business InSight Radio Show Business Solutions, ISR Business Technology Solutions cac ltd Cafe Caio Chicago Call Nonce Cambridge Merchant Capital Group Capgemini Capital Investment Capital One Card Payment Solutions Cardlytics CardPlus Payment Systems, LLC CARDPRINTING.US Casablanca Ventures Cashier Live Castle Technology CBIZ CBS Television CCS usa Celent Centene CENTRAL BANK OF TRINIDAD & TOBAGO Century Payments CEWE Stiftung & Co.