MasterCard is lifting a block in March 1st on U.S. bank-card transactions in Cuba after receiving guidance from the Treasury Department’s Office of Foreign Assets Control.Details
Silicon Valley-based WePay has become the first payment provider to integrate Google Wallet Instant Buy into its checkout experience. Invoicing platform and WePay partner, InvoiceASAP, was the first to adopt the new service, instantly enabling its more than 200,000 small business customers to accept Google Wallet.Details
Effective February 1, 2015, PayPal and Google Adsense accounts registered in the the Crimea peninsula of Russia will be cut off. Visa and MasterCard stopped serving Russian banks in Crimea just days after the new sanctions were introduced in mid-December.Details
Synovus Bank recently launched a new Mobile Banking App which offers Mobile Deposit, a service that allows customers to make deposits with their smartphones; Pay People, an on-the-go service that allows mobile customers to send money to individuals via an email address or cell number; and Instant Balances, which gives customers the ability to check account balances without logging into their account.Details
Intuit is releasing a new integration for marketplaces using Stripe for payment processing. This lets independent for-hire workers automate tax reporting via the new QuickBooks Online Self-Employed product. Intuit and Stripe make keeping track of and paying taxes simple through automation. With this new integration, on-demand marketplaces can give their users the free benefit of having their income data flow securely into QuickBooks Online Self-Employed, so that they always have a clear picture of their tax obligations and can easily track deductions, such as business expenses and mileage. This prevents tax penalties and avoiding having to pay any unneeded interest.Details
Prepaid buyers are increasingly younger: 2 in 3 young adults (aged 18-34) surveyed bought prepaid cards, up from 3 in 5 surveyed in 2013. And they are increasingly mobile enabled, as nearly 2 in 3 smartphone owners, 3 in 4 smartphone and tablet owners, and 9 in 10 adults who have paid for goods and services by mobile phone have bought prepaid cards within the previous year.Details
UL is pleased to introduce a new test solution that was developed together with 7Layers, for handset manufacturers and conformance test laboratories, who want to test and verify the implementation of UICC-based NFC functionality in mobile devices.
The GSMA has produced technical core requirements (TS.26 NFC Handset API & requirements) and related test cases (TS.27 NFC Test book) for testing the UICC based NFC functionality in mobile devices. GCF and PTCRB have added these GSMA test requirements into their respective certification programs. Therefore, and among other mandatory requirements, mobile manufacturers must pass these GSMA test cases using officially accredited test laboratories under these certification schemes. In order for handset manufacturers to test the behavior of their NFC device, under the conditions defined in the GSMA test cases, and to verify its compliance with the specific GCF/PTCRB certification requirements, UL and 7Layers have developed automated test platforms, that are officially validated by GCF and PTCRB.