News about Standards.
June 30th, 2016
Customers of banks belonging to Danish banking collective The Bokis Partnership will soon be able to make host card emulation (HCE) based mobile payments via a service that uses an HCE and tokenization platform from digital payment services provider Nets and Carta Worldwide.
June 23rd, 2016
Some 35% of all card-present transactions conducted globally between January and December 2015 used the EMV chip card standard, up from 32% in 2014, standards body EMVCo has revealed. The number of EMV payment cards in global circulation also increased by 1.4bn to 4.8bn over the 12-month period.
June 20th, 2016
LG U+ is to release a new service in August that uses biometric authentication for mobile shopping and banking transactions based on the storage of “personal biometric information in universal subscriber identity modules (USIMs),” according to Business Korea. “The platform is to be used for combination of users’ biometric information, such as fingerprint data and iris data, with the mobile carrier’s subscriber and billing information so that one-stop authentication can become possible,” the publication reports. The service will make use of Fido standards.
June 16th, 2016
More than 200 products from global technology leaders are now Fido certified, the Fido Alliance has revealed. “This represents a 100% increase since the start of 2016,” the organisation says. “These latest certifications include the first Fido certified products that support Bluetooth for wireless strong authentication.” Fido was launched in 2013 as an open security authentication concept to replace passwords with a range of methods such as biometrics. Support for Bluetooth Low Energy (BLE) and NFC was added in July 2015.
June 15th, 2016
Commuters across Bengaluru in India will soon be able to pay for travel on buses operated by Bengaluru Metropolitan Transport Corporation (BMTC) with a tap of an open loop contactless card provided by Axis Bank….
June 9th, 2016
PARTNER NEWS: Football fans at Euro 2016 will be able to pay for their journeys on the Transpole transport network in the French city of Lille with a tap of their wrist using an NFC…
June 6th, 2016
A total of 17.7bn secure elements (SEs) based on GlobalPlatform specifications were deployed globally between 2010 and 2015, representing 41% of all SE shipments in that same period, the standards body has revealed. “This is a very significant announcement, which shows just how far the secure chip technology industry has advanced in recent years,” says GlobalPlatform’s Kevin Gillick.
May 26th, 2016
MasterCard is working with other payment networks, acquirers and processors to develop a standard that will reduce EMV checkout times. “These efforts will be based on the company’s M/Chip Fast solution,” MasterCard says. “It builds on the principles of contactless or tap and go technology, helping to speed EMV transactions and shoppers through checkout lines. Testing and certification for M/Chip Fast is streamlined for efficient adoption.” The company unveiled M/Chip Fast in April 2016.
May 25th, 2016
PARTNER NEWS: Customers of Eurobank Poland can now make host card emulation (HCE) based mobile payments as a result of a collaboration between First Data Poland and tokenization and mobile payment specialist Bell ID which offers cloud-based mobile payments…
May 13th, 2016
A white paper that sets out the advantages of bringing outsourced or delegated EMV card processing back in-house and explains how taking an integrated approach to physical and digital card issuing and processing will deliver cost savings is now available to download from the NFC World+ Knowledge Centre. ‘The Case for In-Sourcing EMV’ has been produced by Proxama and aims to help clarify the benefits of in-house processing to card issuers.
May 5th, 2016
The EMV Migration Forum has released a white paper that explains the requirements for testing and certifying contact and contactless chip-enabled terminals and details the most up-to-date requirements and processes from the global payment networks. The ‘EMV Testing and Certification White Paper: Current Global Payment Network Requirements for the US Acquiring Community’ identifies use cases when testing or retesting is required for EMV chip and contactless terminals, when retesting is recommended as best practice and when only standard internal testing is advised.
May 3rd, 2016
Turkey has introduced its own card payment system in an attempt to move towards a cashless society by 2023. Known as Troy, the system has been built into all point-of-sale terminals and ATMs across the…
April 21st, 2016
PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with Visa Token Service (VTS). The integration will allow G&D to request and provide payment tokens from VTS to Visa issuers’ host card…
April 20th, 2016
A 26-page white paper that explores tokenization, how it is implemented and the role of token service providers (TSPs), token vaults and token domains is now available to download from the NFC World+ Knowledge Centre. ‘Tokenization — Everything You Need to Know’ has been produced by Bell ID with the aim of educating issuers about the technology, with a specific focus on how tokens can be used to protect payments.
April 20th, 2016
PARTNER NEWS: NXP has teamed up with HID Global to work on enabling consumers to open electronic locks at commercial buildings, hotels and workplaces with a tap of an NFC wearable device.
March 3rd, 2016
Shoppers in Switzerland can now make in-store mobile payments using Paymit, the P2P transfer service established by the country’s financial infrastructure operator SIX and telecommunications provider Swisscom. The in-store functionality is being piloted with select merchants…
February 23rd, 2016
PARTNER NEWS: A new reference design for wearables from processor designer ARM includes high-performance NFC technology from AMS that enables small-footprint devices with tiny antennas to couple with NFC readers as easily and reliably as…
February 15th, 2016
SIMalliance has updated its Open Mobile API (OMAPI) specification, which sets out how mobile applications may access different secure elements on a mobile device and is mandated by EMVCo for mobile contactless payments. “A key update in v3.2 addresses requirements from ETSI (European Telecommunications Standards Institute) and GSMA to give the mobile application additional control to properly retrieve information from the secure element (SE),” the trade association says.
February 3rd, 2016
Standards body GlobalPlatform has extended the scope of UICC Configuration, its implementation guide for deploying GlobalPlatform Card Specification v2.3 within the mobile services sector and managing the secure, over-the-air delivery of new services. “The requirements are in support of the 4G network and enhanced security (Advanced Encryption Standard (AES)-based secure channels),” GlobalPlatform told NFC World. “These cover a new scenario for the confidential loading of service providers’ keys.”
February 2nd, 2016
A 12-page guide to EMV and the business case for implementing an advanced EMV solution is now available to download from the NFC World+ Knowledge Centre. ‘EMV: The stepping stone to mobile’ has been produced by mobile payments specialist Proxama and examines the opportunities and benefits for card issuers who look past minimum compliance to a fully featured EMV solution.