Alzheimer’s Research UK presents #sharetheorange

Last year, on World Alzheimer’s Day, Richard Branson blogged about alarming data that showed that one in three people born in 2015 will go on to develop dementia in later life. What’s more alarming, however, is that most people view dementia as an inevitability.

This is untrue. Dementia is caused by diseases, and diseases can be prevented and beaten. To make this point clear and confront misunderstanding around dementia, Alzheimer’s Research UK has released the stop motion animation below.

Five things you need to know about MDES technology

A quick primer on MasterCard Digital Enablement Service (MDES): Making Digital Payments Happen.

Here are five things you need to know about MDES and the technology we’ve pioneered to enable secure transactions:

Underserved Consumers

1) What is MDES? MDES helps transform any connected device into a commerce device to make and receive payments. The MDES platform is helping power the new iPhone 6, iPhone 6 Plus and Apple Watch to enable secure payments to take place for contactless and in-app payments.

2) How it works: All MasterCard transactions made through Apple Pay are ready to use industry-standard EMV-level security, and are protected using standards-based payment tokens. Tokens are card numbers that mobile devices use in place of the card number printed on the plastic. MDES validates the transaction, maps from the token back to the PAN and forwards it to the issuer for authorization.

3) Why do we use tokens? Using tokens enable us to deliver a more secure and a better payment experience. The extra layer of security comes from the fact that we can lock a token to a specific device or channel. If the token is somehow compromised and a fraudster tries to use it MDES will block the transaction. The better customer experience comes from the fact that in the event a device is lost or a plastic card is compromised – we can break the link in MDES between the tokens and the card – and reissue the token or the card – without disrupting the consumer. It’s truly powerful when you can use advanced technology to deliver more security and remove consumer pain points.

4) What kind of transactions does MDES support? MDES supports contactless payments and Digital Secure Remote Payments (DSRP). DSRP is a transaction method where a consumer is able to make in-app purchases using a token. Contactless payments leverage NFC technology for point-of-sale transactions, while DSRP delivers EMV-like transaction for in-app payments.

5) What’s next for MDES? MDES makes it easy for issuing partners to enable their MasterCard accounts on devices that consumers want to use to pay on the go. While MDES launched in the U.S. in 2014, it will expand more broadly to other major markets during the course of 2015, and will be extended to support MasterCard Cloud Based Payments which was announced in 2014.

Source: MasterCard

Financially Underserved Market

CFSI’s just released study, “2014 Under-served Market Size: Financial Health Opportunity in Dollars and Cents” provides important insights to leaders in the financial services industry.
Authors Eva Wolkowitz and Theresa Schmall report that financially under served American consumers spent $138 billion in fees and interest revenue in 2014, generated from a volume of $1.6 trillion in financial activity.

Findings indicate a continually growing marketplace that expanded 7.6% during 2014, demonstrating significant market opportunities for financial institutions and investors that aim to develop high-quality, affordable solutions to address the financial health of underserved consumers. The market is projected to grow by 6.8% from 2014 to 2015 reaching total revenue of $147 billion. Download the report today for insights into the trends behind this growth.

The report’s infographic “Consumer Spending & Financial Health” illustrates key takeaways from this new study, as shown below:

CFSI_Draft_V3-01.pngCheck out the infographic today >>

Learn more at:

Source: CFSI

2016 National Interagency Community Reinvestment Conference


Economic opportunity does not happen in a vacuum: it takes a coordinated approach to housing, education, public safety, healthcare, transportation, and jobs. At the 2016 National Interagency Community Reinvestment Conference, find out how these pathways to opportunity can create vibrant neighborhoods for all Americans.

National Interagency Community Reinvestment Conference
February 7-10, 2016 | Los Angeles, CA

Join a diverse group of public, nonprofit, and private sector leaders at the premier conference for community development.

Highlights Include:

Community Reinvestment Act examination training with regulator insights

Emerging ideas and best practices in community development

Tours of Los Angeles that explore the opportunities and challenges of a fast-changing and revitalizing city

Opportunities to discuss the transformation of Los Angeles’ downtown into a major career and entertainment destination

The 2016 National Interagency Community Reinvestment Conference is sponsored by the Federal Reserve Bank of San Francisco, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Community Development Financial Institutions Fund.

Learn More: