News about Tokenization.
January 12th, 2017
US consumers will be able to make NFC mobile payments using PayPal at the point of sale wherever Discover is accepted, and use their Discover Cashback Bonus to pay at online and mobile merchants that accept PayPal. “The agreement provides PayPal with access to Discover’s tokenization services,” PayPal says. PayPal extended its support for NFC mobile payments through a deal with Visa in July 2016 and partnership with Mastercard in September.
January 11th, 2017
A 12-page guide that presents an overview of tokenization, how it secures mobile payments and where it fits into the payment processing chain is now available to download from the NFC World Knowledge Centre. ‘Quick Guide: Tokenization’ has been produced by Rambus Bell ID for those new to tokenization or who need to understand the key concepts involved.
January 9th, 2017
NFC World today welcomes mobile payments solution provider Dejamobile as a member of our partner program. Founded in 2012 by technical experts who pioneered NFC payments at Orange Labs, Dejamobile specialises in the provision of…
January 5th, 2017
PARTNER NEWS: A new reference design from STMicroelectronics (ST) will make it easier for wearable manufacturers to develop and deploy integrated tokenized payment services that meet Mastercard and Visa requirements. The company has built the…
December 16th, 2016
The tokenization agreement signed yesterday by Visa and Mastercard will help to address the “lack of comprehensive tokenization across brands”, a key merchant barrier to adopting the technology, Visa’s VP of digital products Vish Shastry…
December 16th, 2016
Customers of Ukraine’s PrivatBank can now make host card emulation (HCE) based mobile payments with their Visa cards, using a new service based on the Visa Token Service (VTS) platform. “To try the new service, Visa cardholders need to use NFC-enabled mobile devices that run on the Android operating system (version 4.4 or later),” Visa says. The launch of the service marks the first introduction of VTS in Ukraine.
December 15th, 2016
Mastercard and Visa have signed a tokenization agreement that will allow Mastercard to request tokenized Visa credentials from Visa for provisioning into Masterpass and Visa to request tokenized Mastercard payment credentials from Mastercard for provisioning into Visa Checkout. The agreement will “accelerate the adoption of tokens” across both digital payment platforms, says Mastercard’s James Anderson.
November 28th, 2016
NFC World today welcomes secure host card emulation (HCE) and tokenization provider Antelop Solutions as a member of our partner program. Antelop is a specialist in mobile payments security and was the first company to…
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
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 8th, 2016
Customers of Slovakian bank Tatra Banka can now make host card emulation (HCE) based mobile payments using their Android handsets. The MobilePay service, which makes use of tokenization, has been launched in partnership with Visa and is available to all customers with a Visa debit, credit, corporate or private card. Tatra Banka launched an NFC mobile payments service with Orange Slovakia and O2 in August 2013.
October 26th, 2016
PARTNER NEWS: Rambus Bell ID’s token service provider (TSP) service is being used by IBM Japan to support Japanese banks’ integration with Apple Pay, which went live in the country this week. Issuing banks can now work with IBM Japan to manage real-time enrollment, provisioning and tokenization, while Bell ID’s TSP solution also allows customers the option to authenticate themselves using existing credentials in their mobile banking app.
October 25th, 2016
Visa is allowing third-party partners to offer its Visa Token Service (VTS) platform, allowing device manufacturers, issuers, internet of things developers, wallet providers, merchants and others to offer its digital payment service on any device….
October 24th, 2016
Mastercard has signed deals with Google, Samsung and Microsoft to allow its customers that use Android Pay, Samsung Pay or Microsoft Wallet to shop online wherever Masterpass is accepted, while Google has announced a similar…
October 21st, 2016
NFC World partners Rambus Bell ID, Giesecke & Devrient, Gemalto, SimplyTapp, NXP and Kona will be exhibiting at the Money20/20 expo in Las Vegas from October 23 to 26. Here’s what you can expect to see and…
October 20th, 2016
Contact centre solutions provider Eckoh has performed the world’s first Apple Pay payment via a telephone call. The proof-of-concept solution, developed in collaboration with Worldpay, will enable telephone-based payments to be taken at call centres,…
October 19th, 2016
PARTNER NEWS: Rambus Bell ID has launched a software platform that card issuers can use to integrate with multiple third-party token service providers (TSPs) such as those operated by international and domestic payment schemes. Issuing…
October 19th, 2016
PARTNER NEWS: Norwegian financial services provider Evry is licensing Giesecke & Devrient’s (G&D) Convego CloudPay mobile payment solution to make NFC and host card emulation (HCE) mobile payment services available to its banking customers across…
October 13th, 2016
NFC World’s ‘Beyond OEM Pay: Mobile payment strategies for banks’ webinar is now available to view online. More than two hundred people signed up to take part in the live event and participants gave the…
September 28th, 2016
PARTNER NEWS: Digital security giant Gemalto has been awarded a contract by bank-owned BankAxept, the national payment scheme of Norway, to enable “all local banks to interconnect through a single credentials management hub for streamlined…