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U.S. Bank Wants To Remove Passwords From Login in 2017

Bank Innovation

Customer authentication processes at banks have evolved from mere security questions and “date-of-birth” kind of passwords. Bank, recognizing that, has set a target: removing passwords “altogether” from the login process in 2017, according to Jason Witty, the Read More.

Analytics 333
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Jollypay Gets License To Operate In The UAE

PYMNTS

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . It was started in 2017 to aid in the company’s creation of a payment and services endeavor. .

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Careem Concludes Operations In Sudan

PYMNTS

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by the United States in 2017, Reuters reported.

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InAuth Partners with Zelle to Leverage Device History for Mobile Security

Bank Innovation

Security provider InAuth just announced a partnership with Zelle—the old clearXchange, for those who are still not used to the rebrand —in order to provide better mobile security on the Zelle app when it’s launched sometime in the first six months of 2017. Knowing what the [mobile] network operators know Read More.

Security 150
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Federal Reserve To Propose Faster Payments In 2017

PYMNTS

There are close to 500 members in the two taskforces, one of which focuses on faster payment capabilities while the other is considering how to enhance security in payment systems. The first part is planned for release in January 2017. Part two of the report should be released in mid-2017. payments system.

Payments 183
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Corporate Payments Firm AccessPay Secures US Backing

PYMNTS

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. In 2017, it co-led a $15.2 ” Beringea, based in both the U.K. and U.S.,

Security 143
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Key themes at Sibos 2017

Accenture

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Sibos 2018 is in Sydney.