AMEX gets onboard with BNZ anti-fraud technology
Posted on 31-Mar-2011 10:14 News, FinTech
BNZ invented and developed this world beating fraud prevention technology, called Liquid Encryption Numbers or LEN, in New Zealand and holds the global patent.
MasterCard launches MoneySend for BlackBerry smartphones
Posted on 9-Sep-2010 11:03 News, FinTech
MasterCard MoneySend allows users in the U.S. to send or request money via their BlackBerry through participating banks and credit unions or when they create a virtual prepaid account through Bancorp Bank.
Visa introduces payclick... Should Paypal be worried?
Posted on 26-Jun-2010 14:33 News, FinTech
A payclick account – which can be funded from any Visa, MasterCard or bank account – enables consumers to pay online without sharing personal details or financial information with sellers.
BNZ patents ATM and credit card protection
Posted on 23-Jun-2010 17:58 News, FinTech
The technology is aimed at putting an end to “skimming” of cards, where the information on the magnetic stripes is captured by fraudsters without customers’ knowledge.
Visa says EMV chip cards eliminates credit card fraud in Malaysia
Posted on 8-Jun-2009 10:59 News, FinTech
EMV chip cards use technology which helps to increase speed and versatility of electronic payments for both cardholders and merchants. Chip technology also helps minimises the risk of counterfeit card fraud.