News about Provisioning.
March 1st, 2015
Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals,…
March 1st, 2015
“Rampant” fraud levels being experienced by US card issuers that have signed up for Apple Pay need to be addressed with urgency, payments consultant Cherian Abraham has told NFC World, to avoid Apple, the individual…
February 23rd, 2015
Apple Pay fraud levels are now “rampant” with every Apple Pay (AP) issuer having seen “significant” provisioning fraud, payments consultant Cherian Abraham claims in a detailed blog post. The fraud levels being experienced “came as a surprise to all”, he writes. “Tokenization, on-device secure storage and biometrics separately and together are formidable, but the soft underbelly proved to be provisioning of cards into AP.”
February 16th, 2015
Customers of Dutch financial institution Rabobank with a Samsung Galaxy S4 or Galaxy Note 3 can now use a mobile wallet app that works with the secure element embedded in their mobile device to make…
December 10th, 2014
Twenty seven banks have signed up to use an NFC payments hub being introduced by Taiwan Mobile Payment Co (TWMP), a joint venture formed in July 2014 by three Taiwanese banking groups that will work with local carriers to enable the banks to securely provision customers’ card details to their NFC phones. The new hub is being provided to TWMP by Gemalto.
November 26th, 2014
Semble, the NFC payments joint venture between New Zealand’s carriers and the Paymark payments network, is using Gemalto’s Allynis Trusted Service Hub to secure over-the-air provisioning of payment credentials to users’ NFC devices. Semble began the pilot of its NFC payments service earlier this month.
October 9th, 2014
A newly published Apple patent application provides insights into how the iPhone maker’s new Apple Pay service will work, how the company has optimized the iPhone’s NFC capabilities to ensure the best possible user experience…
September 24th, 2014
“One of the largest financial institutions in North America” is conducting an NFC mobile payments pilot that uses the Wave NFC device developed by On Track Innovations (OTI) in combination with provisioning and mobile wallet technology provided by ABnote. Wave is certified by both Visa and MasterCard and has also been selected by Hong Kong’s Joint Electronic Teller Services (Jetco) for an NFC payments service it is to offer consumers via its 30 member banks.
September 10th, 2014
Visa Token Service, the payment network’s new platform that enables card account numbers to be replaced with digital tokens that ensure the cardholder’s actual card number is never shared with merchants, is now live and…
June 30th, 2014
Russian Standard Bank has partnered with Samsung and MasterCard to offer NFC payments to consumers with a Galaxy S4 or Note 3 mobile phone. The service is the second embedded NFC payments service to be…
June 12th, 2014
Enstream, the NFC platform provider set up by Canadian carriers Bell, Rogers and Telus, has selected BlackBerry to provide it with a secure platform that financial institutions will be able to use to provision payment…
May 20th, 2014
Russia’s Sberbank, Europe’s third largest bank with more than 100million customers, has begun piloting NFC payments in Moscow using embedded secure elements. It will follow the trial with a service using host card emulation (HCE) later this…
April 29th, 2014
Sequent Software has added support for cloud-based issuance, tokenization and host card emulation (HCE) to its digital issuance platform. The solution gives banks “flexibility of deployment by leveraging cloud and secure element technology to work with all partners for secure mobile payments using NFC, QR code and other technologies,” says CEO Robb Duffield.
April 10th, 2014
Sequent Software has gained Visa approval for its digital issuance platform, a service provider TSM (SP-TSM) solution that enables card issuers to manage and distribute payment credentials to consumers’ NFC phones. “The Visa approval provides peace of mind to our customers since they know that the security of our platform far exceeds most commercial requirements,” says Lance Johnson, Sequent’s chief security officer.
April 8th, 2014
Australia’s Westpac bank is to launch its NFC mobile payments service on Samsung Galaxy S4 and S5 devices “over the next few weeks” with the functionality being “rolled out progressively” from this month. By 2015, the bank predicts, three million Australians will be using NFC to make payments.
February 26th, 2014
Transaction technology provider Carta Worldwide has added support for host card emulation (HCE) to its mobile payments platform — and is currently “supporting market trials in Europe and North America” that are expected to lead…
February 20th, 2014
NFC specialist Proxama has partnered with security provider Cryptomathic to launch EMV Tokenised Transaction (EMV-TT), a mobile contactless payments solution that leverages host card emulation (HCE) technology. “With EMV-TT, any card issuer can now launch…
February 4th, 2014
Australian card manufacturer Placard has chosen Bell ID’s trusted service manager solution to enable it to personalise and securely provision NFC applications for its customer base over the air. “We recognised a need within the region for services of this nature and have extended our personalisation capabilities to include NFC-enabled mobile devices,” said Placard CEO Chris Nunis.
December 13th, 2013
US bank Wells Fargo and Isis have announced the first phase of an agreement that will see customers with a Wells Fargo Visa credit card and an Isis NFC phone being able to load their…
December 11th, 2013
International Card Services (ICS), the largest credit card issuer in the Netherlands, is to use Aconite technology to provision customers’ cards onto NFC phones. Aconite’s solution will enable ICS to generate mobile EMV applet data and then deliver it in real-time to NFC handsets via a TSM service. ICS will also be able to manage both card and mobile issuance from a single system.