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Scoop.it!
Finextra: VocaLink has entered a five-year agreement with UK company myPINpad to bring Chip and PIN-style authentication to online and mobile shopping transactions. 
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Scoop.it!
Finextra: US bank-backed ACH The Clearing House (TCH) has signed a letter of intent with VocaLink to help build and deliver the core elements of a new real-time payments system.
Vineet Anand's insight:
Vocalink to develop real-time payments for US market in a recently signed LOI with TCH. Good to see some progress as US falls behind a number of countries in delivering real-time payments for consumers and businesses.
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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Encrypted PIN entry for Online and Mobile transactions! A potential to replace 3DES as Issuers can request for encrypted PIN to card-member phone. Great opportunity!
Might bring about the question on merchant fees as will such transactions be treated any differently similar to a card-member present or self-checkout kicks.