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February 22, 2012

WorldPay Offers BOKU as a Mobile Payment Method

Boku logo 140x60pxBOKU announced that Payment Service Provider (PSP) WorldPay has selected BOKU as its global mobile payments partner, integrating BOKU’s payments platform into its payment network.

“WorldPay is a leading payment service provider with an outstanding network of merchants,” said James Patmore, SVP and Managing Director, BOKU. “Our technology helps do the hard work for our merchants, things like foreign exchange, granular price points, multiple currencies & languages, and more. We believe BOKU offers WorldPay merchants a powerful tool for the acquisition of new customers and an opportunity to enhance their purchase experience, leveraging the convenience of BOKU for all types of digital goods and services.”

Visa and Monitise to Introduce Mobile Payments Services in India

Visa logo 60pxh Movida, a mobile payments joint venture backed by Visa and Monitise, announced it has signed an agreement with HDFC Bank, India’s second-largest private bank, to introduce a new mobile payment service in India.

Naushad Contractor, Movida’s President and head of the Monitise and Visa joint venture in India, commented: “This is a service designed for Indians. As we rollout the service to other banks more Indians will be able to benefit from mobile payments. Wave goodbye to waiting in long queues or visiting post offices or payment machines to pay bills as you will now be able to do that right from your mobile phone. This service is going to drastically reduce the time & energy Indians waste every day waiting to pay bills.”

ThreatMetrix Launches TrustDefender Mobile

ThreatMetrix logo 140pxThreatMetrix announced the launch of a new mobile software development kit (SDK) that helps identify fraudulent transactions originating from mobile applications. "The new product, called TrustDefender Mobile, expands on ThreatMetrix’s already established malware detection and cookieless device identification technology for laptops and desktop computers. The same risk-based fraud screening capability that is available to browser-based transactions is now available to mobile applications."

U.S. Credit Card Delinquencies Fall Nearly 5% in 2011

TransUnion logo 140pxTransUnion has announced that "the national credit card delinquency rate (the ratio of borrowers 90 or more days past due) reached 0.78% in the fourth quarter of 2011, a drop of almost 5% from the same period one year ago and continuing well below historical norms. Average credit card debt per borrower increased $239 from the same period last year to $5,204, though it too remains near record-low levels."

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