Merchants and FIs must deliver both security and user experience in m-commerce, says Elina Mattila, Executive Director at Mobey Forum. With m-commerce transactions accounting for an ever-increasing share of online purchases, delivering the seamless experience that consumers demand remains the priority for merchants. The increasing frequency, sophistication and impact of card-not-present fraud, however, is leading…
Written by Mobey Forum’s Biometrics Working Group The required procedures for Know Your Customer (KYC) have finally broken free of branch-based face-to-face meetings, and now enable banks to use videoconferencing and biometrics to verify a customer’s identity remotely. This is a big deal; early implementation of new KYC processes can seriously enhance the mobile banking customer…
White paper explores how mobile has kickstarted the use of biometrics for payments authentication 25 November 2015 –Mobey Forum, the global industry association empowering banks and other financial institutions to lead in the future of mobile financial services, has today published a new white paper encouraging banks to view biometrics as one component in a…
For a while already Mobey Forum has been hearing rumours that Samsung is planning a rival for Apple Pay, and has predicted this model in the NFC Business Model Whitepaper (2011). According to industry expectations, Samsung plans to announce SamsungPay during the S6 launch at the Mobile World Congress on March 2nd.