EMVCo, the EMV technology standards body owned by American Express, JCB, MasterCard and Visa, released data showing the growth of EMV acceptance around the world, with nearly half of all payment cards and three-quarters of all payment terminals in circulation being based on EMV technology. The numbers as reported in the fourth quarter of 2011 […]
08 May, 2012Nearly half of all payment cards are EMV-based
08 May, 2012ACG report to examine future of mobile wallet
Auriemma Consulting Group is set to launch a comprehensive consumer study on the future of the mobile wallet. The study comprises an overview of the current state of the UK mobile wallet space and attempts to answer “What comes next?” after launch. To determine the next stage of the mobile wallet, the study examines the […]
08 May, 2012India pilots biometrics in visa applications
The Indian government has started piloting biometric data capture for visa applications as part of its Immigration, Visa, Foreigner’s Registration and Tracking (IVFRT) project, reports The Indian Express. The pilots are taking place in the UK and Bangladesh and aim to strengthen security measures around incoming visitors to India. Outsourcing agencies will start working at […]
08 May, 2012MasterCard Advisors reveals results from study on contactless payments
MasterCard Advisors announced the results of the MasterCard Advisors PayPass Adoption Study, providing a quantitative analysis of the changes in U.S. account transaction behavior after adopting a contactless payments solution. The study divided accounts into low, medium and high spend segments based on their monthly spend prior to adoption, and the 30% lift was consistent […]
08 May, 2012Homeland Security nabs Seattle students buying fake IDs
Obtaining fake IDs, such as driver licenses, is becoming harder for college students. Not only must they deal with local law enforcement, the Department of Homeland Security can also get involved. That’s what happened recently when dozens of Seattle University students were caught importing fake driver licenses from China. Homeland Security officers got wind of […]
08 May, 2012U.S., Australia explore expedited customs clearance swap
The U.S. Department of Homeland Security and Australia’s Attorney General and Ministry of Defense are exploring ways to grant reciprocation for fast-tracking each other’s citizens through customs checks in both countries, reports Australian Business Traveller. The U.S. government hopes to find a way to allow Australians with e-passports use the fast-track Global Entry lane at […]
07 May, 2012MasterCard ranks countries for ‘Mobile Payments Readiness’
Singapore, Canada, the United States, Kenya and South Korea have topped MasterCard’s newly released Mobile Payments Readiness Index (MPRI), an analysis of 34 countries and their readiness to use three types of mobile payments: person to person, mobile Web commerce and NFC-enabled mobile contactless payments at the point of sale. According to MasterCard, each market […]