PFs Key to Supporting QR Code Expansion

Payments
PFs Key to Supporting QR Code Expansion
Payment Facilitator Mobile Business Compliance Security Payments Industry
PFs Key to Supporting QR Code Expansion
Payment facilitators have a significant role to play as Visa expands digital transactions into new markets using QR codes.

The bar codes have turned the point-of-sale world on its head in response to conditions in emerging markets, according to Uttam Nayak, SVP, emerging market digital payments, for Visa.

Visa Partners with Uber, Payworks Adds Alipay: News Roundup

Payments
Visa Partners with Uber, Payworks Adds Alipay: News Roundup
Payment Facilitator Mobile Business Compliance Security Payments Industry
Visa Partners with Uber, Payworks Adds Alipay: News Roundup
In a roundup of this week’s news, we report on a new partnership for Visa in Africa, more expansion into Europe for Alipay, and a transaction milestone in India, driven largely by mobile payments.

As Visa looks to expand the reach of its network into developing economies, it has tapped another partner with reach in Africa: Uber.

Vantiv and Worldpay Reach Merger Deal

Payments
Vantiv and Worldpay Reach Merger Deal
Payment Facilitator Mobile Business Compliance Security Payments Industry
Vantiv and Worldpay Reach Merger Deal
U.S. processor Vantiv and London-based Worldpay have reached agreement on the terms of their proposed merger, the companies announced.

The combination of the two companies will result in a massive global payments powerhouse that will go by the name Worldpay.

Alibaba, Marriott Team to Improve Travel for Chinese Consumers

Payments
Alibaba, Marriott Team to Improve Travel for Chinese Consumers
Payment Facilitator Mobile Business Compliance Security Payments Industry
Alibaba, Marriott Team to Improve Travel for Chinese Consumers
Chinese e-commerce powerhouse Alibaba has agreed to form a joint venture with Marriott International. The venture combines Marriott’s expertise in hospitality with Alibaba’s in digital retail. Alibaba will manage Marriott’s storefront on its travel services platform.

Consumers will be able to use Alipay at Marriott locations. And in true payment facilitator fashion, the agreement promises to use technology platforms to provide Chinese tourists with an integrated travel experience.

VMWorld FUTURE:NET – Transition to Vendor-Agnostic Intent-Based Networking

Networks
VMWorld FUTURE:NET – Transition to Vendor-Agnostic Intent-Based Networking
Apstra Blog
VMWorld FUTURE:NET – Transition to Vendor-Agnostic Intent-Based Networking

The network is the critical platform that underpins all digital operation and transformation. However, for most companies, it is not operated as a system, but rather as a collection of devices that are manually configured to work together. In fact, 85% of network teams still use the Command Line Interface (CLI) as the primary method to operate their networks. The result is a fragile digital infrastructure that is difficult and dangerous to change, incurs significant OPEX to keep working, and impedes the agility required to respond to business needs as well as incorporate best-of-breed devices without deference to a selected vendor. It is not surprising that many organizations spend an order of magnitude more on operations than on acquiring equipment in the first place.

Many can agree that network automation is the key to address these problems, but there is far less agreement on what this means and how to get there. Is it a collection of PERL scripts? Or maybe a few extensions to the server automation? Or?

In my upcoming talk at VMWorld FUTURE:NET in Las Vegas, I will describe how intent-based networking is the key to making the network an agile yet highly reliable platform with much lower OPEX and CAPEX. Intent raises the level of specification for the network engineer to allow him or her express what is needed, and not how to achieve it. A “network operating system” can then take that intent and instruct (i.e. configure) each device to behave so as to achieve this intent, as well as collect telemetry that continuously validates that this intent is being achieved, or else can notify the operator if the situation cannot be automatically corrected.


See David Cheriton speak at FUTURE:NET in Las Vegas on August 31, 2017.

The network engineer benefits by being able to express the higher-level intent explicitly, rather than having it lost in the complex, error-prone tasks of translating this intent into lower-level CLI configurations for each involved device. The network engineer is also relieved of other low-level tasks such as generating cabling diagrams as well device configurations to achieve the intent. The network engineer is further empowered to have the entire state of the network at their fingertips, and to extend the telemetry in a matter of minutes to capture any parameters of his choosing state that captures all the relationships and that they can query to answer any questions about the network.

Global Payments to Acquire ISV ACTIVE Network

Payments
Global Payments to Acquire ISV ACTIVE Network
Payment Facilitator Mobile Business Compliance Security Payments Industry
Global Payments to Acquire ISV ACTIVE Network
Atlanta-based Global Payments Inc. plans to acquire the communities and sports divisions of ISV ACTIVE Network from investor Vista Equity Partners, the companies announced today.

ACTIVE Network provides event and activity management software via its cloud-based platform to more than 36,000 event organizers. It serves the recreation, race, sports, camp and education verticals.

Can India Maintain its Digital Payments Growth?

Payments
Can India Maintain its Digital Payments Growth?
Payment Facilitator Mobile Business Compliance Security Payments Industry
Can India Maintain its Digital Payments Growth?
Part of the reason for the Indian government’s unexpected demonetization move in November last year was to help spur the country’s digital economy and reduce the use of cash.

Card and other electronic transactions did increase dramatically in the months after the cash was removed from the system, but now that it has returned, will citizens return to their previous habits?

Separating Intent from Implementation Details

Networks
Separating Intent from Implementation Details
Apstra Blog
Separating Intent from Implementation Details

CiscoLive 2017 in Las Vegas was a great event. I took full advantage of the opportunity to talk to fellow network geeks about different issues they were dealing with in their networks. One recurring question was “How do I define what failure is when monitoring redundancy?” In particular, monitoring inter-data center redundancy was the focus of quite a few of these discussions. These conversations were fascinating, so I thought I’d take a minute to summarize them and discuss how the Apstra Operating System™ (AOS) can help network engineers monitor redundancy in their networks.

Square Doubles Subscription Revenue, Beats Estimates

Payments
Square Doubles Subscription Revenue, Beats Estimates
Payment Facilitator Mobile Business Compliance Security Payments Industry
Square Doubles Subscription Revenue, Beats Estimates
On Wednesday, Square posted earnings that once again beat analyst estimates.

Discussing the quarter’s results in its shareholder letter, the company highlighted the ways the integration of its software with its payments processing results in benefits for its sellers.

Visa Makes QR Code Onboarding Simple

Payments
Visa Makes QR Code Onboarding Simple
Payment Facilitator Mobile Business Compliance Security Payments Industry
Visa Makes QR Code Onboarding Simple
Visa took its turn this week announcing support for the new QR code specification recently released by industry standards body EMVCo.

Its Visa Ready Program supports the new interoperable standards, making onboarding simpler for merchants who want to implement the mobile POS solution, the company said. The program provides tools that allow banks, processors and payment facilitators more easily deploy the solution for their merchants.