Notting Hill Housing Group chooses Guardian24 to p... » Belfast, UK: One of London’s leading housing associations continues investment in their staff’s pers... Parallels launches Parallels Desktop 10 for Mac ... » LONDON, UK: Parallels has launched Parallels Desktop® 10 for Mac and Parallels Desktop 10 for Mac En... Transactis wins Management Today award for work th... » Consumer insight and anti-fraud company Transactis has been named SME (Small and Medium Enterprise) ... Mobile device security - tackling the risks » Ian Kilpatrick, chairman Wick Hill Group, specialists in secure IP infrastructure solutions, looks a... SecureData enhances capability and builds on its... » Maidstone, Kent: Complete security services provider, SecureData is proud and pleased to announce it... ExtraHop helps Basefarm gain a deeper understand... » United Kingdom, London: ExtraHop has announced that Basefarm has gained unprecedented visibility int... SKYGUARD EQUIPS BRENT COUNCIL’S LONE WORKERS WITH ... » Skyguard- Europe’s premier personal safety service, are providing Brent Council’s frontline lone wor... UCL makes history as first University to be third ... » Photo: (l-r) Simon Cooke (UCL’s Fire Safety Manager) and Keith Todd (UCL’s Fire Safety Officer) ho... Interactive Motion simplifies operation of neurore... » Sandy, UT: Opengear has announced that Interactive Motion Technologies has successfully deployed Ope... £348 million warship contract secures over 800 Sco... » Photo: MoD Vigilance can report that more than 800 Scottish jobs have been safeguarded thanks to...

CLICK HERE TO

Advertise with Vigilance

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

Information Security Header

PKO Bank Polski has launched IKO, the first and largest commercial rollout of a mobile payment service that covers all payment situations. The IKO service is based on Accumulate’s mobile financial services platform ME and Pera Mobile.

Stockholm, Sweden:  PKO Bank Polski has launched IKO, the first mobile payment service that covers all payment situations. The roll-out includes all Bank’s ATMs and ultimately more than 65000 POS terminals of eService, the Bank`s daughter company. From start IKO supports:

· Point of Sale (POS) - pay in store, at restaurants, etc. (including future support for NFC)

· Online - pay at online stores

· P2P - real-time money transfer person-to-person to beneficiaries identified only by their telephone number

· Cardless cash withdrawal from ATMs

· Money vouchers – offline timed vouchers for shopping payments and ATM cash withdrawals

· Account balance, transaction history and settings (example change PIN)

“The possibility of paying by a telephone creates brand new quality regarding convenience, availability, as well as meeting of customers` expectations. Combination of banking and transactional functions in one device is a real breakthrough. We are pioneers in mass mobile payments in Poland, and this proprietary solution has realistic chances for becoming a local mobile payments standard in the European market”, says Piotr Alicki, CIO at PKO Bank Polski.

The IKO mobile payment service is available for PKO customers and at the service launch available on Android and iOS systems (ultimately also on BlackBerry, Symbian, Java and Windows Phone).

The mobile payment service is based on Accumulates mobile financial services technology platform, Mobile Everywhere (ME) and Pera Mobile, the global open technology standard for mobile payment. The basic solution have been customised and functionally extended within PKO Bank Polski`s project, thanks to the support of HP and Accumulate. With the ME platform ALL mobile payments, mobile banking and mobile security services can be enabled using ONE platform. More services like mobile ticketing, loyalty, coupons and gift cards can easily be added to mobile service based on Accumulates technology.

Accumulate’s partner HP is responsible for the full project at PKO, from requirement and specification, to the implementation, system integration and development of the banks backend systems.

“We are of course very proud and this is great news and yet another example of how our technology, processes and methods enables attractive, secure and easy to use mobile payment services. With IKO mobile payment users now get a secure, fast and easy to use alternative to cash”, says Stefan Hultberg, CEO of Accumulate.