Balabit named Representative Vendor in Gartner Mar... » NEW YORK CITY:  Balabit has been listed as a representative vendor in Gartner’s Market Guide for Use... Aricent and Rohde, Schwarz Cybersecurity unveil a ... » REDWOOD CITY, California/ Leipzig, Germany: Aricent, Rohde & Schwarz Cybersecurity have announce... TrapX deepens deception capabilities with Deceptio... » SAN MATEO, Calif.: TrapX Security has released version 6.0 of its DeceptionGrid™ platform. Version 6... Cloud infrastructure services providers comply wit... » Brussels: The Cloud Infrastructure Services Providers in Europe (CISPE)have declared that over 30 se... Armour Comms launches first secure Voice over IP... » London: Armour Communications has announced its integration with Skype for Business. Armour Mobile i... Anam Technologies selected by Deutsche Telekom a... » DUBLIN, BONN:  Anam Technologies has gone into partnership with Deutsche Telekom International Carri... 6.7 percent of programmes on private UK PCs are en... » Maidenhead, U.K: The average private user in the UK has 72 programmes installed on their PC, and 6.7... Multitone’s EkoSecure Personal Alert System chos... » Multitone Electronics plc has announced that its German-based team, Multiton Elektronik GmbH, has su... IoT 2020: Smart and secure IoT platform » Geneva, Switzerland: The Internet of Things (IoT) significantly impacts the global economy and is ex... Letterbox company to keep properties safe with inn... » A specialist mailbox manufacturer has made a pledge to enhance the security of UK properties through...

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.