eLearningClasses.com
Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

HEWLETT-PACKARD EXPANDS ITS ACTIVITIES IN MOBILE PAYMENTS AND BANKING, THROUGH A GLOBAL AGREEMENT WITH ACCUMULATE

HP announced today the further expansion of its activity in the payments industry, through the signing of a global agreement with Accumulate.  Following a successful implementation of the IKO mobile payment scheme in Poland with PKO Bank Polski, HP is taking the Accumulate technology and project experience to a number of new markets under a wider partnership.

HP offers secure processing solutions and payment technologies to a number of banks and telecommunication companies in the Americas, Europe and Asia. HP decided to add the Accumulate technology to its core portfolio, to enable a number of its global customers to use a proven solution in mobile payments, mobile banking and mobile security services.

Accumulate is head quartered in Stockholm, Sweden, and has a long experience of mobile online solutions with more than 100 million applications delivered since 2004. Accumulate’s award winning mobile security platform, methods and processes are a strong fit for system integrators who want to offer customer branded offerings in mobile payment, mobile banking and mobile authentication/security.

The Accumulate customer portfolio continues to grow with clients including PKO Bank Polski (Poland), National Commercial Bank (Saudi Arabia), CredibanCo (Colombia), Diners Cards (Ecuador), Shell (Greece) and PayPal (Sweden). Services based on the Accumulate solution are to be introduced in several countries around the world.

“The strategic agreement with HP is exciting news. HP’s customers can now get immediate access to our mobile technology and enable innovative mobile payment, banking and security services. We are already in deals together with HP and we believe this partnership will give us many new and interesting projects,” says Stefan Hultberg, CEO and Co-Founder of Accumulate.

“The digitalisation wave on consumers is making mobile a critical channel for payment and services. HP is a trusted partner for the design and run of secure, mission critical payment systems.  The Accumulate solution, wrapped in an HP delivery with our analytics and secure hosting options, gives our clients another compelling proposition to win and keep their customers,” commented Ed Adshead-Grant, General Manager for HP Cards and Payments.