PARTNER NEWS: Debit card payment network Eftpos is to use Bell ID’s Token Service Provider platform to provide secure tokenization services to the Australian payments industry... More
Security
Gemalto to deliver mobile payment solutions to Japan’s Dai Nippon Printing
PARTNER NEWS: Digital security giant Gemalto is to provide its mobile payment solutions to Dai Nippon Printing (DNP), an NFC technology supplier and solution provider for financial institutions in Japan... More
Capital One adds NFC mobile payments to wallet app
Capital One has become the first US bank to enable NFC payment capability within its own mobile app to allow customers to pay at any contactless terminal using their mobile device... More
Carta launches turnkey tokenization platform for cloud-based payments
PARTNER NEWS: Transaction technology provider Carta Worldwide has introduced an appliance-based turnkey solution that aims to dramatically reduce the time it takes for large banks, processors and domestic networks to bring tokenized HCE mobile payment services to market... More
Gemalto tackles card-not-present fraud with dynamic CVV codes
PARTNER NEWS: Digital security giant Gemalto has launched Dynamic Code Verification, a payment security solution that replaces traditional, static three-digit security codes with a time-based dynamic CVV/CVC that changes every 20 minutes and can be displayed on a customer’s mobile device or a display-enabled payment card... More
Tangerine tests facial recognition
Scotiabank-owned direct bank Tangerine is reportedly experimenting with facial recognition technology on mobile devices... More
MasterCard partners with P97 to enable mobile payments and rewards at the pump
MasterCard has announced a global partnership with mobile payments at the pump provider P97 to enable mobile payments and rewards at gas stations and convenience stores that are equipped with P97’s PetroZone platform... More
Samsung responds to LoopPay hack
Samsung has responded to a New York Times report that claimed a hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of Magnetic Secure Transmission (MST) technology that was acquired in February to form a core part of Samsung Pay... More
NYT reports on LoopPay breach
A hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of the Magnetic Secure Transmission (MST) technology that was acquired in February 2015 to form a core part of Samsung Pay, the New York Times reports... More
Microsoft adds Windows Hello to new devices
Microsoft has added its Windows Hello biometric authentication solution to its Lumia 950 and Lumia 950 XL devices, launched at a press event in New York this week... More
JCB to pilot palm vein payments in Japan
Japanese credit card scheme JCB is to pilot the use of Fujitsu’s palm vein authentication technology for payments at this month’s JCB World Conference, enabling those attending to make purchases using only their hand. Additional trials in “global markets” are expected to follow. More
Chevron to offer NFC mobile payments at the pump
Oil and gas company Chevron has teamed up with Visa to offer mobile payments at the pump at 20 locations in San Francisco and Silicon Valley from “later this fall”... More
MasterCard to add biometric security to online transactions in 2016
MasterCard has unveiled MasterCard Identity Check, a suite of solutions that make use of biometrics and one-time passwords delivered via SMS to secure online mobile transactions... More
226bn transactions to be secured with biometrics by 2020
Some 226bn transactions worth a total of more than US$5.6trillion will be secured using biometric technology by 2020, research from Goode Intelligence predicts... More
Fingerprint sensor shipments to reach 1bn units by 2020
Shipments of fingerprint sensors for smartphones are expected to reach 1bn units by 2020, representing a 17% compound annual growth rate (CAGR), according to ABI Research... More
Miami Heat fans get mobile payments and ticketing
Fans of basketball team Miami Heat will now be able to make purchases at concession stands across the AmericanAirlines Arena by having a QR code scanned on their mobile device... More
Industry veterans seek funding for NFC payments ring
A team of NFC payments veterans has launched a campaign on Kickstarter to raise funds for an NFC ring that can be used to make payments at contactless POS terminals and across the Transport for London network. More
BNP Paribas pilots cards with dynamic security codes
French bank BNP Paribas has begun trialling payment cards on which the three-figure security code is replaced with a small screen displaying a code which automatically changes periodically in order to make online payments more secure... More
Clear2Pay adds certified testing solutions for US move to EMV
PARTNER NEWS: Conformance testing specialist Clear2Pay Open Test Solutions has received certification from major payment networks for a suite of solutions and services that are designed to make it easier for US merchants, VARs and payment processors to add support for EMV to POS terminals... More
One in three Americans have an EMV card
More than six in ten US credit card holders don’t yet have a chip-enabled card, a survey conducted by CreditCards.com with Princeton Survey Research Associates International reveals... More