Samsung partners with American Express and Korea’s KB Kookmin to develop trackable payment cards

Samsung, KB Kookmin and American Express IOT credit card with BLE location verification

Samsung has signed a memorandum of understanding with South Korea-based KB Kookmin Card and American Express to develop an Internet of Things (IoT) credit card that will enable cardholders to connect their card to a Galaxy smartphone and verify its location using Samsung’s Bluetooth Low Energy-enabled SmartThings Find platform... More














Global chip shortages drive increased costs for contactless card manufacturers and issuers

the NIlson report red and black logo

The price of EMV-compliant chips supplied to contactless payment card manufacturers increased by more than 50% in 2021 and is expected to rise by more than 20% during 2022 with the overall cost to card issuers for finished first-use plastic cards rising by between 5% and 20% during 2021, according to US research firm Nilson Report... More



What's New in Payments

Entrust to offer digital-first payment solutions via Antelop acquisition

Antelop and Entrust digital first cobrand with 2 women using smartphones

PARTNER NEWS: The acquisition of Antelop Solutions by Entrust will enable the development of more comprehensive solutions for the issuance of both digital and physical payment cards and offer customers “true digital-first payment credentials with physical card synergies that fully align with consumer expectations for simplicity and security,” the companies have revealed... More