Aite reports on US migration to EMV

aite-group-emv

Some 70% of US credit cards and 41% of debit cards will be EMV enabled by the end of 2015, according to a new Aite Group report, but the majority will be contact cards rather than dual interface cards that also support contactless payments... More



ST adds dynamic tag memories

STMicroelectronics has introduced a range of ‘dynamic NFC tag memories’ — dual interface ICs designed for adding NFC functionality to utility meters, printers, cookers, washing machines, digital cameras and other consumer electronics and electrical devices... More


Inside updates VaultIC tag

Inside Secure has redesigned its dual-interface VaultIC 150/150D security module to include a new privacy mode which requires strong authentication to access its contents, complying with the ‘silent by design’ philosophy of the Internet of Things community... More




US retailers back chip and pin

“The US payments industry should undergo a coordinated migration to chip and PIN transactions which should support a broad range of payment types (contact, contactless, dual interface, debit, credit, stored value, private and ‘white’ label, etc.) and devices (cards, mobile devices, fobs, etc.),” says the Merchant Advisory Group, a retailer trade association whose members include Walgreens, Walmart, Target, Sears, McDonald’s, Best Buy and Home Depot... More




STMicro shows potential of NFC in electronic devices

ST Micro's M24LR64 dual interface EEPROM

The chip maker has released an Android app that shows how NFC phones can be used in conjunction with its M24LR64 wireless memory chip to interact with a wide range of electronic devices including consumer electronics, smart meters, home appliances and portable healthcare devices. More


Visa moves US to EMV and NFC

Visa

“The adoption of dual-interface chip technology will help prepare the US payment infrastructure for the arrival of NFC-based mobile payments by building the necessary infrastructure to accept and process chip transactions that support either a signature or PIN at the point of sale,” says the payments giant. More


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