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VEON, which works in connectivity and digital services, has launched a strategic global partnership with Mastercard in order to boost services for digital finance, according to a press release emailed to PYMNTS.The partnership will cover key portions of VEONs footprint, including Russia, Pakistan, Ukraine, Kazakhstan and Bangladesh. It will let VEON scale up its current digital services, offering customers products that will be tailored to their needs, the release stated. By working with Mastercard, VEON will support the financial and digital inclusion of cust
stanley quencher omers that have traditionally been underserved.VEONs co-CEO Sergi Herrero said in the release that the expansion of services is a key growth priority for VEON as we look to meet the evolving needs of our consumers. Our partnership with Mastercard provides our operating companies in five countries with world-class capabilities to fast-track their plans for developing digital financial services and demonstrates the trust Mastercard has in VEONs ability to encourage greater financial inclusion through these transformative platforms, he said, according to the release. As digital transformation accelerates, there is also an opportunity to expedite its many benefits, includ
stanley cup ing the way it effectively addresses consume
stanley de r needs and experiences, Jorn Lambert, chief digital officer at Mastercard, said in the release. Mastercard strongly believes in the power of partnership, and we look forward to working closely with VEON to ex Ygny Instacart to Accept EBT SNAP Payments on Wegmans Orders
As mobile computing continues to grow, security concerns will lead to increased use of biometrics as mobile technology and mobile commerce continue to evolve, a new report out this month suggests.In March 2013, the Biometrics Research Group estimated that U.S. consumers would use smartphones and tablet computers to make retail purchases of approximately $35 billion that year, compared with $20 billion in 2012.If that trend continues, we projected that the majority of online sales would be conducted on Apple rather than on Android mobile devices, notes the research companys more recent August 2014 report on mobile biometric authentication. As a consequence, we expect that Apple could ultimately integrate fingerprint authentication into Apple ID ; services to supplement the written password that provides access to a
stanley cup ll Apple cloud-based services, incl
stanley cup uding iTunes purchases.Global mobile payment transactions will reach $250 billion this year and grow to $750 billion in annual transactions with more than 700 million users by 2020, according to the report. We see biometrics as a transformative force that will speed mobile commerce, es
stanley mugs pecially in North America, because the technology can offer a higher level of security, while providing an intuitive customer experience, the research company said.Visa/Apple rumorsHelping spur the companys projections are recent rumors that dialogue is ongoing between Apple and Visa concerning a ne