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Which Wallet Solution Matches Your Business Model: eWallet or Digital Wallet?

Finextra

Community Your feed Latest expert opinions Groups Join the Community 23,418 Expert opinions 41,897 Total members 297 New members (last 30 days) 174 New opinions (last 30 days) 29,118 Total comments Join Sign in Which Wallet Solution Matches Your Business Model: eWallet or Digital Wallet? What is an eWallet? Youll need an eWallet.

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How to Prepare Your Bank for a Seamless Digital Payment System Shift

Finextra

You should use multi-factor authentication, tokenization, and encryption for every transaction. This builds trust with both customers and regulators. Strengthening cybersecurity protocols Cyber threats are real. Don’t wait until it’s too late. So, you should choose a payment platform that has built-in fraud detection and risk scoring.

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Bitcoin Daily: BlockFi Suffered ?Temporary Data Breach?; Celo Milestone Enables Celo Gold Transfers

PYMNTS

The company said that a third party breached and used the phone number of a BlockFi staffer to get into a part of the company’s encrypted back-office system without permission. In other news, the government of Iran is aiming to limit digital currency exchanges with so-called “currency smuggling” regulations, CoinDesk reported.

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Bitcoin Daily: Ukraine Arrests Hacker In Country?s Largest Theft of Crypto Wallets, Info; Iran Requires Crypto Exchanges To Be Licensed

PYMNTS

And, beyond emails and passcodes, the SSU said per the report that the database had “eWallets of cryptocurrencies” and “PIN codes for bank cards,” among other information. The agency claims that it seized phones, computer equipment and cash, with the inclusion of U.S. dollars and Ukrainian hryvnias.

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What is NFC Mobile Payment and How to Use It?

Payment Savvy

Designed for Android mobiles, the NFC payment app Google Pay also ensures you make transactions in a safe environment with end-to-end encryption across devices. One of the main reasons businesses are building the eWallet app PayPal is that it doesn’t require an annual membership fee. Contactless payments. Google Pay.

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What is a Payment Service Provider (PSP) and How Do They Work?

Stax

A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). The question is: how do payment service providers work and how can you choose the right one for your business?

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Anderson Zaks Rolls Out P2PE; Investly Opens Platform To Partners

PYMNTS

Coverage includes Anderson Zaks ’ new encryption feature for its RedCard payment processing system. based Anderson Zaks have teamed up to provide PCI-validated point-to-point encryption (P2PE) for merchants using Anderson Zaks’ RedCard payment processing system, the companies said in an announcement. .­- Bluefin and U.K.­-