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New Cloud-Based Card-Issuing System Aims To Standardize Payments Security

PYMNTS

According to a press release , Sigma provides “a secure, cloud-based, direct-to-card ID desktop issuance solution.”. The Entrust website describes the company as “the leader in credit card production systems.” Sigma printers do not store customer data after successful printing is complete.”.

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Modern Core Systems – It’s Time to Get a “Sidecar”

South State Correspondent

When banks talk about a “sidecar,” they speak about a modern, lightweight, real-time core system alongside a traditional core. In this article, we argue why banks should consider a modern core system in the form of a sidecar as part of their long-term strategy. This information is then pushed out to each ancillary system.

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Amex debuts B2B payments system

Payments Dive

The card company is adding to its product line-up in an attempt to cater to small businesses as they try to recover from COVID-19 pandemic lows and face inflationary pressures.

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24 Big European Banks Take On Visa, Mastercard With Their Own Payment System

PYMNTS

Dubbed the Pan European Payment System Initiative, or PEPSI, the group has the support of 20 French and German banks, and would handle all forms of cashless transactions. . PEPSI promises to rival not only the two credit card giants, but also other financial technology companies including Google , Apple , Alipay and WeChat Pay. .

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Mastercard’s ‘Early Detection System’ Will Alert Banks of At-Risk Credit Cards

Bank Innovation

EXCLUSIVE—Preventing fraud is an ongoing battle, and Mastercard wants to make it a little easier for card issuers with the launch of its Early Fraud Detection System. The system, announced by the payment processor today, will allow FIs and other card issuers to create a greater net of protection for card customers.

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JCB And TECHFUND Partner For Blockchain Payment System Ideas

PYMNTS

Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). JCB, one of the biggest credit card operator in Japan, has also worked with blockchain before, partnering with U.S.-based

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Visa, Western Union partner on cross-border payments

Payments Dive

The card network and the cross-border payments company are developing an international payment system that could be used in disaster situations.

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