Italy-based software group TAS has signed an international reseller agreement with North America’s B2 Payment Solutions, which it said will help the US payment industry capitalise on Europay, MasterCard and Visa (EMV) migration.
TAS said that the agreement represents a significant milestone in its international expansion and an important step in its North American market penetration and business development.
Migration to EMV, already underway in the US, will enable US payment industry players to pursue significant opportunities for global interoperability, fraud reduction, near field communication (NFC) and mobile synergies, catching up with much of the rest of the world.
The new partnership will allow issuers, acquirers, vendors, merchants and processors engaged in EMV projects to benefit from proven technological and business know-how. The product offering will be initially focused on EMV data preparation and personalisation; then extending to transaction acquiring and authorisation.
Financial inclusion, digital banking, omnichannel payments and even lightsabers were discussed on the second day of Money 20/20 in Las Vegas this year.
Sibos 2017 Day Two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
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Day one of the global Money 20/20 conference focused on AI and machine learning, investor and fintech partnerships and the future of robotics.
On day one of SIBOS, panellists unanimously agreed that doing nothing to modernise payments was no longer safe bet for transaction banking.