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Network Tokenized Transactions Reach 400 Billion

Protecting payment data is integral to the security of the digital payments ecosystem. In an increasingly interconnected world, with a growing number of payment options, the need for strong security solutions is clear. With so many payment methods now in use, the need to ensure that consumer data is protected across all channels is growing. One of the core concerns for many forms of data protection is Payment Card Industry Data Security Standards compliance. Network Tokenization is a technology that replaces payment card data with a network-issued token and unique transaction cryptograms. The technology reduces the potential for fraud, improves the merchant and consumer experience, increases approval rates, and reduces overall transaction costs. Network Tokenization Market Development According to the latest worldwide market study by Juniper Research, they forecast substantial growth of 190 percent in network-tokenized transactions -- reaching 400 billion globally in 2028, that's u...

Apps Availability is part of Smartphone Choice

Google announced the most anticipated mobile phone since the Apple iPhone launch. The Nexus One is based on Google's open source mobile operating system (Android), and their OS has clearly received strong support from manufacturers and mobile operators. In-Stat says that it believes the smartphone stakes are high. Gone are the days when the basis of competition was solely defined by hardware. Software is becoming the key in defining the user experience. However, the focus is now shifting from the OS to the device application software. In fact, enabling third-party applications has increased importance in the competitive mobile OS landscape. In-stat believes that when independent software developers create or port-over applications, that can greatly impact the success of the handset platform and the market opportunity for the carrier. If, however, a particular mobile phone OS does not garner enough independent developer support, then the result could be disastrous. In fact, as ment...