Despite the wave of costly data breaches over the last few years, nearly half of global firms that accept plastic are still failing to meet Payment Cards Industry (PCI) security standards, according to a report from Verizon.
Infosys (INFY), a global leader in consulting, technology, outsourcing and next-generation services, will now offer the Finacle suite of software solutions on Verizon Cloud.
The investment arm of US mobile network operator Verizon has confirmed that it has taken a stake in Host Card Emulation specialist SimplyTapp.
A new Verizon report has found that too many businesses, following their annual assessment for meeting the Payment Card Industry Data Security Standard, fail to maintain ongoing compliance -- putting the businesses at an increased risk for data breaches, and financial and reputational damages.
All four major US carriers have joined with Google, Isis, the big card schemes and a subset of banks and payment processors to launch a 'Mobile Payments Committee', intended to smooth the way for the commercial application of new payment modes on the high street.
Retailers and other businesses on the front lines of customer service increasingly need mobility solutions tailored to each business' particular requirements. However, businesses have had to make do with off-the-shelf devices and bolt-on services.
Terremark, a Verizon Company, has received certification that six of its cloud-enabled data centers are compliant with the Payment Card Industry Data Security Standard (PCI DSS) version 2.0.
Diebold has teamed up with wireless operator Verizon to develop a concept 4G LTE-enabled ATM to show off the technology's potential security and user experience benefits.
Free Press, an independent US watchdog promoting open access to communications, has called on the Federal Communications Commission to investigate Verizon Wireless for reportedly blocking the Google Wallet application on the Galaxy Nexus smartphone
Verizon Wireless has demanded that Google disable its mobile wallet app in the forthcoming release of the latest Galaxy Nexus smartphone from Samsung.
© Finextra Research 2017