Atos Worldline has launched a ready-to-go, Visa and MasterCard compliant near field communication (NFC) mobile payment application for card issuers worldwide. The end-user is able to pay at a fast growing number of contactless payment locations, simply by swiping their mobile phone against the payment terminal and keying their PIN code directly on their phone.
Built on an architecture combining mobile application and cloud services, the wallet will enable multiple, differentiating value-added services, such as cloud payment and NFC transactional services.
“Atos Worldline is focused on fostering and encouraging innovation. The Atos Mobile Wallet is an example of a product leveraging our unique combined expertise in both payment and mobile services. It shows our commitment as business technologists to enable the mobile payment revolution, by using the latest technology to the benefit of our customers and the end-users,” said Christophe Duquenne, chief executive officer (CEO) at Atos Worldline.
There are various ways for financial institutions to benefit from advanced technologies and business models provided by FinTech's. Whether a business' approach is radical or incremental, data management can help a company to increase their return on investment, argues André Casterman, INTIX.
Tim de Knegt, strategic finance and treasury manager for the Port of Rotterdam, discusses how he is using blockchain, the challenges he will face in his role of treasury over the next 12 months and the advice he would give to someone starting out their career in treasury.
As the May 25 deadline for Europe’s General Data Protection Regulation (GDPR) inches closer, many treasurers are being lumped with the task of ensuring their wider company is compliant.
Apps are a critical part of treasury's shift into mobile banking as 67% of treasury and corporate finance professionals said mobile banking services are of particular interest to them in a recent survey.