News about Compliance.
March 27th, 2017
Significant confusion and a high level of fragmentation can be expected over the next five years as European financial institutions become accustomed to new regulations under the Payment Services Directive (PSD2) which will open the door to new competition within the European payment services market, says Nordea Bank’s vice president of strategic business development, transaction banking and business innovation.
June 30th, 2016
PARTNER NEWS: Chip maker NXP has released a high performance NFC controller designed for use in consumer electronic devices as well as developer demo kits that interface with a range of popular prototyping platforms.
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.
April 27th, 2016
Adidas has developed a connected race suit that comes equipped with an NFC chip to confirm whether or not the product complies with current Fédération Internationale de l’Automobile (FIA) regulations.
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…
February 12th, 2016
PARTNER NEWS: Giesecke & Devrient (G&D) has received Amex Enabled accreditation for Convego CloudPay, a host card emulation (HCE) based solution that lets a bank’s customers use their mobile banking app to load payment card credentials…
February 5th, 2016
Members of the Australian Payments Clearing Association (APCA) are currently exploring the possibility of implementing a voluntary code of practice to regulate digital wallets in the country. The association’s 100 members were due to respond…
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.
November 4th, 2015
PARTNER NEWS: Giesecke & Devrient (G&D) is providing the embedded smart card chip and operating system used in the NFC contactless payment smartwatch launched by Swatch in China last month. “We are very proud and…
February 3rd, 2015
Join NFC World and payments testing specialist Gerd Thys from Clear2Pay on Tuesday 24 February to gain an in-depth understanding of the new testing, quality and compliance challenges created by the arrival of HCE and…
January 22nd, 2015
PARTNER NEWS: Conformance testing specialist Clear2Pay has put together an infographic that visually explains host card emulation (HCE), how it is used and why testing is necessary in a mobile payments system. The company’s HCE-Tokenization…
October 8th, 2014
Zapp, the mobile payments startup formed by UK payments infrastructure operator VocaLink, has announced that major retail chains including Sainsbury’s, Asda, House of Fraser, Thomas Cook, Shop Direct, Spar and Clarks are to use its…
March 6th, 2014
The company’s Smart Cosmos platform will provide an open, secure and standardized way to track the world’s objects, Smartrac CEO Clemens Joos has told NFC World, enabling system integrators, developers and consumers to connect physical…
December 10th, 2013
November 25th, 2013
November 19th, 2013
UL is now able to test NFC functionality for mobile network operators and handset manufacturers in accordance with the GSMA’s newly developed GSMA Handset Test Book (PDF). The test book allows companies to “know what the core operator requirements are, how to test them, and where to test them,” says the GSMA’s Pierre Combelles.
November 19th, 2013
October 8th, 2013
NFC microSD specialist DeviceFidelity’s CredenSE NFC microSD solution has received a global letter of compliance for Visa PayWave, enabling it to be used to make NFC payments on “more than two billion existing devices.” “DeviceFidelity…
June 13th, 2013
A version of Canadian NFC and RFID specialist Wireless Dynamics’ iCarte NFC case for Apple iPhones is now available for the iPhone 5. The device is approved by both Apple and Visa, enabling it to…
June 4th, 2013
Tinkoff Credit Systems is to launch an NFC mobile wallet service, developed by Russian mobile technology developer i-Free, that enables virtual MasterCard PayPass cards to be stored on embedded secure elements in Android NFC phones…