News about Encryption.
April 20th, 2017
Employees at Pick n Pay supermarket stores and Absa Bank staff across South Africa have been trialling a biometric card developed by Mastercard that lets them make a payment at any EMV terminal and authenticate the transaction by placing their finger on the embedded sensor. Additional trials are planned over the next few months, with a full roll out expected “later this year”.
March 7th, 2017
The Singapore government is to add open APIs, biometrics and encryption to its digital identity system, as well as launch a mobile P2P service to allow money transfers using mobile phone numbers. “Open APIs would allow others, including the private sector, to incorporate the digital identity features into their services,” GovInsider reports. “This means that the ID could potentially be used to access internet banking and other services.”
November 30th, 2016
PARTNER NEWS: Digital security giant Gemalto has updated its Public Key Infrastructure (PKI) portfolio to include solutions for qualified electronic signatures that enable Trust Service Providers (TSPs) to roll out eIDAS (Electronic Identification and Services)…
November 15th, 2016
The US Payments Forum is creating the Mobile and Contactless Payments Working Committee, to explore mobile and contactless payment opportunities and challenges, identify solutions, and share guidance and best practice. The Forum says it also plans to address issues including tokenization, card-not-present security solutions and encryption. “Our goal is to provide concrete, usable guidance to make new and emerging payment technologies a reality in the US,” says Forum director Randy Vanderhoof. The committee will hold its first working session on December 8.
November 15th, 2016
IBM has announced a blockchain project with Singapore fintech startup KYCK! to enable the financial services provider to create new customer accounts more quickly and securely. Using the open source Hyperledger Project Fabric, KYCK! intends to provide brokerages a platform with video conferencing and encrypted document submission capabilities. “We have seen how blockchain can improve operational efficiency, increase transparency and reduce transaction risks,” says Darryl Tan, co-founder of KYCK!.
November 15th, 2016
Facebook has introduced a payments update to its Messenger platform that will allow US businesses who are not integrated with Stripe or PayPal to process payments within both messages and webview using tokenization technology. The…
November 11th, 2016
Four students from India’s Birla Institute of Technology and Science have developed an SMS-based biometric authentication system for use in rural areas with poor internet connection. The team has developed an Android app to allow fingerprint scans to be taken and then turned into an encrypted, numeric code which can be sent by a simple SMS message. The team’s idea won the grand prize in the Accenture Innovation Jockeys 5 competition earlier this month.
October 24th, 2016
Visa and Intel are to work together to integrate payments security technology into Intel chipsets, enabling device manufacturers to build functionality into their products to create “a more secure payment process for the internet of things…
September 13th, 2016
Businesses across the US will now be able to sell products and services through Facebook’s Messenger app. An update to the social network’s recently launched Messenger chatbot platform will enable bots to accept payments without having…
August 16th, 2016
More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals.
July 27th, 2016
The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards.
June 22nd, 2016
Microsoft has introduced an NFC payment feature for users of Windows 10 Mobile devices in the US through its Microsoft Wallet app. The company says the move comes “in response to feedback” from its customers and with…
June 21st, 2016
Canadians can now use the MintChip virtual currency to send and receive money through a P2P mobile app and make payments at participating merchants in Toronto’s Liberty Village neighbourhood by scanning a barcode. A partnership with…
June 21st, 2016
PARTNER NEWS: The Geantet-Pansiot vineyard estate in Burgundy, France is to equip all of its wine bottles with an NFC tag to let its customers authenticate the beverage and receive information about the wine directly on their smartphone.
May 18th, 2016
PARTNER NEWS: The US Department of Transportation (USDOT) has expanded its Smart City Challenge initiative to include NXP’s RFID tagging solutions and smart card ICs. The addition of NXP RFID tagging will enable automatic vehicle…
May 17th, 2016
Canadian open NFC mobile wallet provider Ugo has added a host card emulation (HCE) based solution to its Ugo Wallet and is using tokenization technology from Visa for the service. The company confirmed to NFC World in…
May 9th, 2016
Italian payments solutions provider Payment Technologies (Paytec) is to build a new mobile payment technology into its vending machines that will let consumers make contactless payments using colour-coded light signals and tokenisation.
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 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.”
January 27th, 2016
A 16-page study that presents findings from research into how companies approach payment data security is now available to download from the NFC World Knowledge Centre. The study also reveals why IT professionals believe the risk…