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August 06, 2009

Airlines and Card Fraud

41stParameter_logo-140px.jpgFraud detection tools and payment fraud losses are top of mind according to a recent webinar and poll of airline fraud investigators. The survey results, released by 41st Parameter report insufficient rules and defense mechanisms in place at most airlines. The results forecast the continued emergence of new reservation booking vehicles and a shift in the payment landscape. READ MORE »

A Look at Obopay

Over on, Glenbrook's Carol Coye Benson provides an updated look at mobile payments provider Obopay as part of her series of interviews with many mobile payments companies. READ MORE »

Watch Niall Ferguson's THE ASCENT OF MONEY on

On its website, PBS has made available for viewing both a two hour and four hour (four one hour programs) versions of Niall Ferguson's The Ascent of Money video series. Ferguson is the Laurence A. Tisch Professor of History at Harvard University and William Ziegler Professor at Harvard Business School.

Ferguson's book is also available available in the Payments News Bookstore on The Ascent of Money: A Financial History of the World.

Transactis, Klik Technologies Partner on Hosted Receivables Solution

Transactis and Klik Technologies have announced they will begin offering "the industry's first-ever turnkey, end-to-end, hosted receivables solution for billers, major banks and other financial services companies."

Klik and Transactis are partnering to provide an integrated payment processing portal "enabling billers, major banks and other financial services companies to efficiently process high volume, highly complex transactions. Klik will offer Transactis' BillerExpress™ suite of EBPP solutions, including BillMail ("push" email billing), under its KliknPay brand offering." READ MORE »

Global Payments Launches Broadband Payments For Asia Pacific

globalpayments_logo-140px.jpgGlobal Payments Asia-Pacific Limited, a joint venture between HSBC and Global Payments, has introduced Global BroadbandPay - calling it "an Internet Protocol (IP)-based point-of-sale solution that provides merchants with fast, secure and reliable card acceptance services across the Asia-Pacific region. Merchants and processing partners no longer need to rely on slow dial-up networks or invest in expensive dedicated communication links to their card acquiring banks. Instead, this new product enables use of their existing internet connection to enjoy a "plug-and-play" experience. Global BroadbandPay is now available to merchants in Brunei, Hong Kong, Macau, the Maldives, the Philippines, Singapore and Sri Lanka." READ MORE »


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