Taiwan-based handset maker HTC is set to announce a partnership with Cathay United Bank, EasyCard and MasterCard to launch a co-branded card that can be inserted into an HTC smart phone to enable NFC payments nationwide. According to Taiwan’s Central News Agency, the PayPass-enabled card will be unveiled at a joint news conference hosted by […]

Star One Credit Union, the ninth largest credit union in the U.S., has begun offering Tyfone’s mobile financial services to its 89,000 members worldwide. Star One members can now access mobile banking services, such as balance check, account history review, and funds transfers, as well as mobile ID authentication and NFC contactless payment technology. According […]

Patelco Credit Union, the fifth largest credit union in California, has contracted with ThreatMetrix to provide security against cyberfraud and malware attacks, as well as meet FFIEC banking guidance. Patelco will implement ThreatMetrix’s TrustDefender ID and TrustDefender Cloud products. TrustDefender ID protects financial institutions through SaaS-based, real-time device identification and identity verification. TrustDefender Cloud can […]

With advances in smart phone apps and capabilities, mobile banking might displace the debit card as the form factor people use to withdraw money from ATMs. As reported by Mobiledia, banks in the U.K. pushing this technology by developing mobile apps to perform debit card functions. Royal Bank of Scotland and NatWest have developed a […]

The Bank of New Zealand has tapped its partner Entrust to add seamless strong mobile authentication to its new line of consumer banking applications. Designed for both the iOS and Android platforms, the security credential will be embedded within the app itself to ensure security and speed up the login process. The Bank of New […]

Multicard, a business unit of Identive Group Inc. announced it is implementing a new, secure identity card platform for the Auraria Higher Education Center (AHEC) Campus in Denver. The new contactless smart cards initially will be utilized within the campus’s existing door access system. Students with a campus bank account can also use the IDs […]

Participants of a recent NFC payments trial in New Zealand have given the service overwhelming positive reviews, with 100% reporting a positive experience and 97% saying they will likely use the service again in the future. The four-month trial, conducted by Bank of New Zealand (BNZ), Vodafone, Visa and Paymark, saw participants using NFC-enabled mobile […]

FIME announced that it has extended support of MasterCard contactless terminal testing with PayPass (M-TIP) Services and a new version of its SAVVI test tool. The upgrade supports the latest MasterCard PayPass Terminal Integration Process (M-TIP) Specifications, which were released in February 2012 to replace the existing PayPass TIP process. From August 1 2012, acquirers […]

Tyfone signed a 10-year deal with PT Number One, an Indonesia-based secure ID solutions provider, to bring its iCashe mobile financial services platform to the Indonesian market. According to Tyfone, PT Number One has enabled the personalization of more than 100 million cards for Indonesia’s leading banks, including each of the country’s top 10 banks. […]

Giesecke & Devrient (G&D) announced it will produce and supply German Olympians with an exclusive dual-interface Visa card for contactless and contact payment. Landesbank Baden-Württemberg will be providing the PAYBACK Top-Class Sports Visa card for Olympic athletes to use as contactless payment wherever the Visa standard for contactless payment – Visa payWave – is accepted. […]