SEB Kort, through its redemption unit Euroline, has become the first organisation in Sweden to offer 3DSecure, a new customer-friendly standard for secure credit card payments via e-commerce. The introduction of the system will allow shops, travel agencies, tickets and events companies to offer their customers the possibility to pay with credit cards on the Internet in a safe and simple manner. 3DSecure allows the card company to identify and approve the buyer, after which, the shop is guaranteed payment from Euroline. 3DSecure functions in such a way that when the customer wants to pay, he/she has to state his/her card number. With the use of coded communication, the information is confirmed by the card company through a special security server. The customer identifies himself/herself with a password, then the bank verifies this information, and the seller gets the okay signal to carry out the purchase.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more