News about Signature.
June 28th, 2016
US supermarket chain Kroger has filed a lawsuit against Visa for allowing customers to verify EMV purchases with a signature instead of a PIN. “Kroger said the dispute began after it was informed by Visa that the configuration of its new terminals didn’t comply with Visa’s rules,” The Wall Street Journal reports. “Visa’s rules require merchants to allow customers to choose between a PIN and a signature verification.” Walmart also sued the payment network for its EMV signature authentication option in May 2016.
June 13th, 2016
Retail giant Walmart will stop accepting Visa credit card transactions in Canada from mid-July due to “unacceptably high” transaction fees. “Visa and Walmart have been unable to agree on an acceptable fee for Visa transactions,” Walmart Canada says. “We will no longer accept Visa in our stores across Canada, starting with our stores in Thunder Bay on July 18, 2016. This change will then be rolled out in phases across the country.” The decision follows Walmart filing a lawsuit against Visa last month for forcing the retailer to let customers use signatures when paying with chip cards.
May 11th, 2016
US supermarket giant Walmart has filed a lawsuit against Visa for “allegedly forcing the retailer to let customers use signatures when paying with their chip-based debit cards,” according to CNBC. “The retail giant filed a lawsuit in New York court, saying that Visa wouldn’t allow Walmart to just use the chip & PIN protocol and that it was required to allow customers to sign when using a chip debit card,” the CNBC website reports. The EMV liability shift took place across the US in October 2015.
March 30th, 2016
More than 100,000 customers of SK Telecom in Korea have subscribed to T Pay, a hands free mobile payment and rewards service based on Bluetooth Low Energy (BLE) technology that launched earlier this month.
February 23rd, 2016
PARTNER NEWS: NXP has unveiled two new NFC products — an improved “connected tag” range designed to add intelligent tap-and-go connectivity to just about any electronic device and the PN7462 family of single chip NFC…
April 21st, 2015
The NFC Forum has published the second version of its specification for signing and vouching for the integrity of data held in NFC tags, adding support for compact certificates and new signature algorithms. The Signature Record…
June 26th, 2013
Dutch research institute Novay has developed an Android app that could make expensive NFC reader equipment redundant when verifying passports. NFC Passport Reader uses NFC to read the chip embedded in a passport and can…
March 20th, 2013
Key2Share allows virtual keys stored on NFC phones to be shared securely using QR codes that can be sent by email or MMS message — or even in the mail.
February 27th, 2013
“This solution allows the financial institution to 100% independently define its business model, thus solving the current barriers we are facing with current SE-based NFC solutions,” Carlos Alberto Pérez Lafuente, director of innovation for e-strategy and management at Bankinter, has told NFC World.
October 31st, 2012
NXP has launched a new generation of NFC tag chips that feature a range of built-in security features. The NTAG21x family of NFC Forum Type 2 tags features improved RF performance, a range of memory…
August 29th, 2012
Two thousand customers who purchase a Samsung Galaxy S III are to be the first Czech consumers to take part in a commercial NFC payments service, offered by carrier Telefonica in conjunction with Komerční Banka, Visa Europe and Samsung.
June 19th, 2012
The Qatar-based bank is motivating customers to take up its new ‘Tap and Pay’ service by offering to refund the cost of their first NFC transaction, up to the country’s contactless payment limit of QR100.
May 9th, 2012
Mobile network operator 2degrees and prepaid card issuer Snapper have teamed up to enable commuters in the city of Wellington to pay for public transportation and purchases in local merchants with an LG Optimus Net NFC phone.
March 13th, 2012
The in-car entertainment specialist has integrated an NFC-driven personalised dashboard into a Dock+Go concept car, enabling drivers to automatically set seating and entertainment preferences — and make travel bookings on the go without having to stop to enter card details.
February 27th, 2012
The new UpTeq NFC SIM meets a flight of top level security requirements and, says the digital security firm, can be used to generate legally binding digital signatures as well as deliver both e-health and e-government services.
December 9th, 2011
Australian supermarket giant Woolworths is set to roll out 30,000 contactless payment terminals across more than 3,000 stores in 2012. The move follows a trial where the company saw a 50 to 75% decrease in transaction times compared with non-contactless transactions. Customers will be able to make purchases of up to A$100 without a PIN or signature. Earlier this week, rival Coles Supermarkets said it would also switch to contactless in 2012.
September 22nd, 2011
US-based financial services systems giant Fiserv has announced that it has begun providing personalisation services for EMV chip cards and will implement EMV payments processing solutions in 2012. “As the US payments industry looks for…
August 11th, 2011
85% of terminals shipped worldwide will be contactless-enabled in 2016, driven by increased proliferation of contactless cards and, especially, rapid adoption of NFC-enabled cell phones, ABI Research predicts. “Contactless has the potential to change the…