This document provides information on MCodeOne, a proposed mobile payment platform. It discusses the growing mobile payments market and trends away from cash usage. MCodeOne aims to enable secure payments, deposits, and money transfers using only a mobile device. It would work by generating unique transaction codes through an encryption algorithm synchronized between a user's device and issuer servers. This would allow contactless transactions without transmitting sensitive financial data.
Technology-driven change has become a constant for merchants,
financial institutions, and processors. That reality has created a shifting
landscape of new capabilities, new competitors, new rules, and new
customer expectations. It can all be complicated and confusing, but an
assessment of that landscape indicates several clear trends affecting
the industry. For more info: www.nafcu.org/vantiv
Opportunities for disruption in Financial Services (with a mobile focus)Nadya.Powell
A talk given at the IPA on opportunities for disruption in Financial Services with a focus on mobile. Three strategies to employ, case studies and three golden rules. Thanks to Zoe Decool for research help.
EMV in the U.S.: Putting It into Perspective for Merchants and Financial Inst...- Mark - Fullbright
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
We are following John and Jane through a typical day and explore their every day banking needs. The aim of this presentation is to showcase how modern day banking is transforming today and in the future.
Banking & Innovation: How Financial Services Can Embrace the Customer RevolutionComrade
Financial services companies are increasingly seeing opportunities to be at the forefront of innovation. Historically, banks have been slow to translate consumer demands into technologies like paperless statements and mobile check imaging. However, they were quick to implement online banking and, today, customers who bank online are typically more satisfied as well as more cost-effective to maintain. Banks have also responded to the shift in consumer demand for mobile banking on tablets and smartphones. The next challenge facing financial services is how to address the rise of consumer trends evolving mainly outside of the industry. We’re pleased to have partnered with Matchi to publish “Banking & Innovation: How Financial Services Can Embrace the Customer Revolution." This paper focuses on three phenomena that will ultimately impact every bank:
- Crowdsourcing
- Wearable Technology
- The Sharing Economy
We explore the state of each these trends, and how they relate to financial services.
Technology-driven change has become a constant for merchants,
financial institutions, and processors. That reality has created a shifting
landscape of new capabilities, new competitors, new rules, and new
customer expectations. It can all be complicated and confusing, but an
assessment of that landscape indicates several clear trends affecting
the industry. For more info: www.nafcu.org/vantiv
Opportunities for disruption in Financial Services (with a mobile focus)Nadya.Powell
A talk given at the IPA on opportunities for disruption in Financial Services with a focus on mobile. Three strategies to employ, case studies and three golden rules. Thanks to Zoe Decool for research help.
EMV in the U.S.: Putting It into Perspective for Merchants and Financial Inst...- Mark - Fullbright
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
We are following John and Jane through a typical day and explore their every day banking needs. The aim of this presentation is to showcase how modern day banking is transforming today and in the future.
Banking & Innovation: How Financial Services Can Embrace the Customer RevolutionComrade
Financial services companies are increasingly seeing opportunities to be at the forefront of innovation. Historically, banks have been slow to translate consumer demands into technologies like paperless statements and mobile check imaging. However, they were quick to implement online banking and, today, customers who bank online are typically more satisfied as well as more cost-effective to maintain. Banks have also responded to the shift in consumer demand for mobile banking on tablets and smartphones. The next challenge facing financial services is how to address the rise of consumer trends evolving mainly outside of the industry. We’re pleased to have partnered with Matchi to publish “Banking & Innovation: How Financial Services Can Embrace the Customer Revolution." This paper focuses on three phenomena that will ultimately impact every bank:
- Crowdsourcing
- Wearable Technology
- The Sharing Economy
We explore the state of each these trends, and how they relate to financial services.
Mobile Banking in 2020 - Mobile World Congress ReportNadejda Tatarciuc
Present report was presented at Mobile World Congress this year, showing the outlook for mobile banking by 2020! - how a younger world, more internet, crime, and activist governments will affect mobile banking penetration.
THE $1.7 TRILLION REASON BANKS PREFER BLOCKCHAIN OR DISTRIBUTED LEDGER OVER B...Steven Rhyner
{Banks|Financial institutions} {know|understand|recognize} Blockchain is {a threat|a risk|a danger|a hazard} to the {linchpin|cornerstone} of their economics: the {customer|client|consumer} {relationship|connection|partnership}, {and|as well as|and also} the $1.7 trillion they made in 2014 from {global|worldwide|international} {payments|repayments|settlements} {revenue|income|profits|earnings} which is {a massive|a huge|an enormous|a large|a substantial} 40% of their {annual|yearly} {profits|revenues|earnings}.
Fear and favoring of digital currency
The Economist Intelligence Unit, commissioned by Crypto.com, exploring the extent to which digital payments are trusted by consumers and what barriers may exist to basic monetary functions becoming predominantly electronic or digital.
Most promising current and future payment technologies | SG AnalyticsSG Analytics
The decades-long debate over the evolution of payment technology continues in the age of mobile wallets, EMV, blockchain, etc.
The evolutionary disruptive technologies in the payment landscape are poised to redefine businesses with increased automation and connectivity.
In this presentation, SG Analytics highlights the evolution of the 9 most important payment technologies that will transform the world’s financial ecosystem!
How we will be paying in 2020 - SPA Technical Director, Lorenzo Gaston at EPC...Smart Payment Association
Retail Payments Vision 2015 – And SPA perspective
The retail payment ecosystem is changing. Over recent years we’ve seen the democratizing effect of technology create an ever-broader payments landscape.
Contactless, NFC payment, m-wallets, cross border and person-to-person transactions, and the emergence of virtual currencies are all contributing to growth.
It’s a market too that is being shaped by the demands of a new generation of retail customers: one in which simplicity, speed and convenience are king.
At the same time, we’ve seen the traditional banking and settlement value chain come under pressure from big brand entrants – from mobile operators, Google, Apple and others. These new entrants are changing the dynamics of the industry as new commercial partnerships and models develop to offer an ever-widening range of convenient payment options to consumers and businesses.
This rate of change raises some interesting questions: how to secure ‘card/person not present’ transactions; how to protect customer data; and how to guard against a new breed of cyber criminal looking to capitalize on vulnerabilities. Moreover, the appearance of non-traditional players - who may lack the structural understanding, or the technical or financial means to create a fully secure end-to-end environment – could pose serious challenges for banks, regulators, standards bodies and merchants alike.
So what will the future bring? While attempting predications in this heterogeneous retail payments landscape can be an uncertain and somewhat random exercise, the SPA considers the following “12 key trends to watch” to be significant in the coming years.
Initial Country Offering: How To Build Government-In-The-Cloud or Country-As-...Vladislav Solodkiy
Overview of blockchain-based GovTech startups and trends by Life.SREDA VC, The BB Fund and Arival bank. Article on CoinTelehraph: https://goo.gl/ea6reR
Balancing Fraud & Customer Experience in a Mobile WorldComrade
Consumers’ reliance on mobile continues to skyrocket in shopping, paying for bills, managing finances and socializing. This poses a great challenge for retailers, financial institutions and technology vendors. Digital account opening is fraught with pitfalls as the identity validation process relies on manual entry of personal information. Similarly account management uses knowledge-based authentication but can add friction to the user experience. How should retailers, banks and merchants integrate fraud protection measures into the user experience with the least amount of friction to the user?
I joined joined Al Pascual from Javelin Strategy & Research in a complimentary webinar to share lessons learned from working with leading companies that have struggled with the issue of fraud and customer experience.
We explored the following:
- Who are leaders in integrating fraud prevention into the user experience?
- Who owns the fraud prevention process in the organization?
- How to overcome legacy design issues that can underwhelm the customer experience and inhibit security measures?
- How to prevent fraud in a low-friction environment, while communicating a security-forward brand experience?
The Future of Mobile Payments – Role of mobile wallets in consumer purchase j...Data N Charts
This report will look into why US consumers aren’t warming up to mobile payment services and how mobile wallets can integrate shopping and peer-to-peer transfers to make payments relevant with smartphone owners for wider adoption.
Brazil mobile market: an insight by NeomobileNeomobile
In this presentation, Neomobile analyzes the mobile market in Brazil, this sexy and cool emerging market where the usage of smartphone is significantly increase, with lots of new opportunities.
Mobile Banking in 2020 - Mobile World Congress ReportNadejda Tatarciuc
Present report was presented at Mobile World Congress this year, showing the outlook for mobile banking by 2020! - how a younger world, more internet, crime, and activist governments will affect mobile banking penetration.
THE $1.7 TRILLION REASON BANKS PREFER BLOCKCHAIN OR DISTRIBUTED LEDGER OVER B...Steven Rhyner
{Banks|Financial institutions} {know|understand|recognize} Blockchain is {a threat|a risk|a danger|a hazard} to the {linchpin|cornerstone} of their economics: the {customer|client|consumer} {relationship|connection|partnership}, {and|as well as|and also} the $1.7 trillion they made in 2014 from {global|worldwide|international} {payments|repayments|settlements} {revenue|income|profits|earnings} which is {a massive|a huge|an enormous|a large|a substantial} 40% of their {annual|yearly} {profits|revenues|earnings}.
Fear and favoring of digital currency
The Economist Intelligence Unit, commissioned by Crypto.com, exploring the extent to which digital payments are trusted by consumers and what barriers may exist to basic monetary functions becoming predominantly electronic or digital.
Most promising current and future payment technologies | SG AnalyticsSG Analytics
The decades-long debate over the evolution of payment technology continues in the age of mobile wallets, EMV, blockchain, etc.
The evolutionary disruptive technologies in the payment landscape are poised to redefine businesses with increased automation and connectivity.
In this presentation, SG Analytics highlights the evolution of the 9 most important payment technologies that will transform the world’s financial ecosystem!
How we will be paying in 2020 - SPA Technical Director, Lorenzo Gaston at EPC...Smart Payment Association
Retail Payments Vision 2015 – And SPA perspective
The retail payment ecosystem is changing. Over recent years we’ve seen the democratizing effect of technology create an ever-broader payments landscape.
Contactless, NFC payment, m-wallets, cross border and person-to-person transactions, and the emergence of virtual currencies are all contributing to growth.
It’s a market too that is being shaped by the demands of a new generation of retail customers: one in which simplicity, speed and convenience are king.
At the same time, we’ve seen the traditional banking and settlement value chain come under pressure from big brand entrants – from mobile operators, Google, Apple and others. These new entrants are changing the dynamics of the industry as new commercial partnerships and models develop to offer an ever-widening range of convenient payment options to consumers and businesses.
This rate of change raises some interesting questions: how to secure ‘card/person not present’ transactions; how to protect customer data; and how to guard against a new breed of cyber criminal looking to capitalize on vulnerabilities. Moreover, the appearance of non-traditional players - who may lack the structural understanding, or the technical or financial means to create a fully secure end-to-end environment – could pose serious challenges for banks, regulators, standards bodies and merchants alike.
So what will the future bring? While attempting predications in this heterogeneous retail payments landscape can be an uncertain and somewhat random exercise, the SPA considers the following “12 key trends to watch” to be significant in the coming years.
Initial Country Offering: How To Build Government-In-The-Cloud or Country-As-...Vladislav Solodkiy
Overview of blockchain-based GovTech startups and trends by Life.SREDA VC, The BB Fund and Arival bank. Article on CoinTelehraph: https://goo.gl/ea6reR
Balancing Fraud & Customer Experience in a Mobile WorldComrade
Consumers’ reliance on mobile continues to skyrocket in shopping, paying for bills, managing finances and socializing. This poses a great challenge for retailers, financial institutions and technology vendors. Digital account opening is fraught with pitfalls as the identity validation process relies on manual entry of personal information. Similarly account management uses knowledge-based authentication but can add friction to the user experience. How should retailers, banks and merchants integrate fraud protection measures into the user experience with the least amount of friction to the user?
I joined joined Al Pascual from Javelin Strategy & Research in a complimentary webinar to share lessons learned from working with leading companies that have struggled with the issue of fraud and customer experience.
We explored the following:
- Who are leaders in integrating fraud prevention into the user experience?
- Who owns the fraud prevention process in the organization?
- How to overcome legacy design issues that can underwhelm the customer experience and inhibit security measures?
- How to prevent fraud in a low-friction environment, while communicating a security-forward brand experience?
The Future of Mobile Payments – Role of mobile wallets in consumer purchase j...Data N Charts
This report will look into why US consumers aren’t warming up to mobile payment services and how mobile wallets can integrate shopping and peer-to-peer transfers to make payments relevant with smartphone owners for wider adoption.
Brazil mobile market: an insight by NeomobileNeomobile
In this presentation, Neomobile analyzes the mobile market in Brazil, this sexy and cool emerging market where the usage of smartphone is significantly increase, with lots of new opportunities.
What's REALLY going on with mobile payment in Europe - Gx Presentation in Par...Tony Craddock
Here's a presentation I made to 70 members of our Emerging Payments Exchange community in Paris.
It should have been in French, but if it had, it would have been a very short presentation.
I always try and mix it up a bit. Data and stories, images and videos, talk and walk.
This is normally available exclusively to Gx members only, I'm sharing this because it's Sunday. And sunny. Or because I can.
Or really, to give you a taste of the enormous depth and quality of our intelligence resource at Gx.
Be sure to 'reach out' to me (don;t you love that expression) if you want more of this sort of material, or would like me or one of my team to come and present to yours.
ABOUT GX
Gx is not your ordinary research company. But we do more research than any other company in payments (over 150 studies to date).
Gx is not your ordinary conference company. But we run over 50 events in four countries each year.
And Gx is not your ordinary business development consulting firm. But we help and advise some of the largest and most innovative companies in payments.
We’re hard to describe, which tickles us a bit and makes us hard to copy, which we rather like. And we’re passionate, hate internal politicking, work long hours and go the extra mile (or kilometre) when we have to.
We’re changing how the world uses payments. And as we reach our tenth birthday, we feel we’ve only just begun.
Tony Craddock, CEO
Is your company fully engaged towards innovation?Sebastien Juras
Innovation is a popular word for management. And they are right : today in the age of information, it is mandatory for all companies to bet on innovation if they want to survive. But in order to manage a so big change, it is vital to be fully engaged to this transformation.
The Bad Guy in your company and how have him under controlSebastien Juras
A story to help educating internal customers about Information System. What are at stake? What are the risk for the company ? And how have it under control through IS governance.
Nick Hummer presents "Turbocharging Your New Car Sales" at the Innovative Dealer Summit in Denver, CO.
In his presentation Nick discussed the promising outlook for new car sales, as well as ways to differentiate your store's brand through online reviews. With insights related to social, local and mobile shopping behavior, this deck is intended to help you craft your marketing efforts to align with the needs of today's consumers.
Challenges to consider in the mobile wallet spaceNikunj Gundaniya
Mobile wallets have already become the newest trend in the market. With the advent of the COVID19 pandemic, people experienced social and economic lockdowns around the world. Cashless shopping and e-wallet adoption are some of the best and most secure solutions for both consumers as well as for companies for exponential growth altogether.
The banking and finance industry has been transformed since the inception of mobile banking and payments. From checking your bank balance on your mobile device to being able to host your entire POS on an iPad, mobile commerce is continually evolving. Here are a few of the most recent trends and the future of mobile and commerce.
The 10 most promising payment and card solution providers Merry D'souza
The 10 most promising payment and card solution providers, September 2020; CIO Look admire their contribution in the evolution to local and global businesses.
CPNI Mobey Forum Mobile Payment Trusted Service Provider Sept 23 2008The Stilwater Group
Mobey Forum quarterly meeting Sept 23, 2008. The opportunity for banks and the entire mobile payment ecosystem created by focusing on remote mobile payments.
Three Important Trends for Digital Payments for the Growth of eCommerce in 2022PaymentAsia
Over the recent years, many trends have nudged merchant payment gateway providers towards diversification, especially in the areas of alternate payment methods and contactless payments. Moreover, the pandemic has only made it more conducive for eCommerce and payment diversification. Here are three rising trends that can fuel the exponential growth of eCommerce in 2022. Visit @ https://www.paymentasia.com/en/product-and-services/payment-gataway/
Mobile paymentmethodbased on public keyIJCNCJournal
Mobile payment is defined as mobile money, which is considered as an attractive alternative for cash,
cheque, or credit. In this paper we propose a new secure mobile paymentmethod. This method is
summarized in three processes: firstly, the authentication process, which involves the authentication phases
for the applied customers. Secondly, the member recognition process which tests and ensures the customer
membership by the market server. Finally, payment processwhich will be done by ciphering the customer
information using public-key encryption cryptosystem (RSA), to be submitted over an insecure network to
the market server. Actually, this mobile payment methodis more efficient than otherpayment methods since
the customer can pay from his/her own mobilephone without any extra cost and effort. The RSA public-key
encryption system ensures the security of the proposed method. However, to prevent a brute force attack,
the choice of the key size becomes crucial.
Top 3 Payment Trends That Can Boost the Growth of eCommerce in 2022PaymentAsia
Payment Asia offers a cryptocurrency gateway that is designed to bridge the gap between digital and fiat currencies. Payment Asia reviews speak of the range of digital payment trends that are built to grasp business opportunities with every cashless transaction. Visit @ https://bit.ly/3vVZKbF
Presentation on mobile payments and mobile money at the June 2013 SmarterCommerce Global Summit in Monaco. Includes description of relevant IBM product families that support mobile money and mobile payments.
Secure Payments: How Card Issuers and Merchants Can Stay Ahead of FraudstersCognizant
Our latest research reveals that merchants and card issuers should take a layered approach to mitigating risk, by working with consumers to improve fraud detection and prevention.
M Com And Microsoft - Mobile Payments White Papermistervandam
M-Com and Microsoft collaborated on putting together a white paper on mobile payments for financial institutions. There is a lot of \'noise\' about M-Payments - this document aims to dissect the key elements of a successful mobile payments strategy.
Looks at why mobile payments hasn't taken off in most places around the world and what has to happen for mobile payment platforms to ignite. Keynote presentation at the Berkeley Mobile Money Conference on October 11, 2013
Presentation examines antitrust economics of vertical restraints including tying, exclusive contracts, bundling, MFNs, the role of critical mass and platform ignition, possible anticompetitive strategies, and procompetitive explanations for vertical restraints.
2. MCodeOneCC ddddoooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooFast Simple SecureDisclaimer
This presentation (“Document”) was prepared by M-CodeOne Mobile Payment Corporation (“M-CodeOne” or the
“Company”) for the exclusive use of Potential Clients in connection with M-CodeOne’s plan to launch. Mobile
Payment Platform (“Offered Service”).
By receipt of or upon the presentation of this Document, the Potential Client has also acknowledged not to use or
disclose any information contained herein or any other information made available.
This Document contains confidential information that cannot be reproduced, in whole. or in part. Dissemination of
this Document to third parties and the use of this Document for purposes that have not been approved by M-
CodeOne is prohibited.
All information contained in this Document, including future performance prospects of the Company and the market,
entails risks and uncertainties.This Document is intended to provide preliminary information to assist the Potential
Client in its decision to pursue a more detailed analysis of the Offered Service.
No warranty, expressed or implied, is made by the Company and its partners, directors, employees or any other party
or agent, as to the contents of this or any other information made available.The only representations and warranties
will be those provided in the definitive agreement that evidences the Offered Service.
Each Potential Client, including its professional advisors, should make its own independent investigation and valuation
of the Company and the Offered Service.
1Confidential
20. MCodeOneCC ddddoooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooFast Simple SecurePayment Processing
20
1Cash
Cashier enters the
Transaction Data
Transaction Data
MCodeOneC ddooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooFast Simple Secure
Client’s
Business
Host
Server
Captures Data
based on
Confidential
01123581320
Unique 11 Digit Code
Extracts Transaction
Specific Data
Authenticates
$
$
Processes
Transaction
All communications among Client Business’ CodeOne Host Server, Public Switch
Server in the could network, other issuers, acquirers & other institutions to process
transaction use the same ISO communication flow already in place for payment
transaction and EFT services.
According to the Security Level defined by each issuer (from which the customer
holds a Credit/Debit Card or an account) and its respective CodeOne Host Servers
- each one of these Servers has a unique CodeOne Key Algorithm to operate in the
cloud network.The synchronization process does not depend on any activation from
the Customer or from the Issuer. It is done automatically Over The Air (OTA).