Looking Forward to Autumn Events

As we come to the end of summer, we are already looking towards the final quarter of the year and, in particular, two events where MYPINPAD will attend: The Vendorcom Special Interest Group (SIG) on Payment Innovation and eCommerce Expo 2015.

Events such as these are central to the progressive discussions necessary in our industry. First and foremost, they enable vendors and potential clients to meet and discuss opportunities to work together and solve the on-going challenges across the e-commerce spectrum.

Read more

The PIN Potential

The use of the PIN as an authentication method has significant and continued benefits, even in industry sectors spending small fortunes testing every biometrics know to man. This is due in large part to its simplicity and wide recognition, but also due to its wide-ranging versatility.

Consumers already use PIN to authenticate themselves when withdrawing money from ATMs and when making in-store debit and credit card payments. They are now able to use the same four digit code to make purchases online, while still taking full advantage of multi-factor and multi-mode authentication capability of the modern smartphone.

Read more

Paving the Way for m-Commerce Dominance

Mobile commerce (m-commerce) continues to be one of the fastest growing segments in retail commerce. A research published in the US this week suggests that 88% of mobile phone users make regular use of retail apps. 20% of all Starbucks in-store sales for example now come from mobile transactions.

In the UK, the picture is similar; IMRG reported that in 2014 40% of sales in the UK’s multi-billion pound online retail market came from mobile devices.

These figures are all part of a growing trend with year-on-year growth being reported, and is expected to continue as more consumers turn to mobile for their retail, banking and other every day needs.

Read more

GUEST BLOG: None as blind as those that can’t see. If you can’t see it then at least smell the “coffee”…

By David Poole, Business Developer Director at MYPINPAD.

I was fascinated to read the latest fraud figures as reported in The Nilson Report this week.  Worldwide card fraud is up 15% to $16b in 2014. Read that again – $16b that could potentially solve some austerity problems not to mention poverty.  I dare say many organisations would love to be reporting >15% top line revenue growth.

Read more

Biometrics in Everyday Life, It’s Part of the Answer

2015 has seen biometrics in the public eye as never before. More and more devices and platforms have adopted the technology across multiple sectors, from airlines to financial services providers.

Biometrics isn’t a new concept. It has been around in a formalised way since the late 19th century when police forces began to use fingerprint identification to track and arrest criminals. The more recent leap forward in biometrics has been due to the ready availability of technology needed for automatic biometric recognition. The penetration of smartphones and tablets for both business and personal use is accelerating the push into everyday life.

Read more

Industry Luminary Phillip Dunkelberger Joins MYPINPAD’s Board

LONDON, UK, 3rd August 2015 – MYPINPAD, the world’s first consumer authentication company set to deliver multi-channel and multi-factor authentication via the Cardholder PIN, is pleased to announce the appointment of Phillip Dunkelberger to its Board, effective immediately.

Phillip is an IT industry luminary with more than 30 years’ experience. He is best known for his role as co-founder and CEO of PGP Corporation, the leader in the Enterprise Data Protection market, until it was acquired by Symantec in 2010. In 2013 Phil became CEO of Nok Nok Labs, a founding member of The FIDO (“Fast Identity Online”) Alliance, an industry consortium supported by Google, Intel, MasterCard, Microsoft, PayPal, Samsung and Visa. This coalition was launched to change the nature of online authentication by developing technical specifications that define an open, scalable, interoperable set of mechanisms that reduce the reliance on passwords to authenticate users.

Read more