payments platforms

Nxt-ID Board Approves IoT Payments Spinoff

Nxt-ID Board Approves IoT Payments Spinoff

“At its outset, PartX’s platform revolves around the tokenization of payment card details, which helps to secure digital transactions.” Nxt-ID, the parent company of wearable payments specialist Fit Pay, is launching a spinoff subsidiary that will manage its IoT payments activities. The spinoff, which was recently approved by Nxt-ID’s Board of Directors, will be called…

Adyen Offers High Level Passive Payment Authentication

Adyen Offers High Level Passive Payment Authentication

“For transactions requiring stronger authentication […] it supports two-factor authentication via SMS, as well as biometric authentication including facial, fingerprint, and voice recognition.” Adyen is staking claim to being the first payments platform provider to deliver a system that offers passive authentication for transactions based on EMVCo’s 3DS 2.0 protocol. The system is designed to…