Bank customers are responsible for detecting fraud 82% of the time, according to Information Security Media Group’s 2012 Faces of Fraud Survey. Banks responding to the survey reported that the three leading causes of fraud they experienced were card-not-present – 56% – data breach at a retailer or processor – 53% – and point-of-sales skimming […]

U.K. mobile operator Orange has announced that it will expand its Quick Tap contactless payments service to NFC-enabled Android handsets, according to The Telegraph. Originally available only on the Samsung Tocco and Samsung Wave 578, Quick Tap lets users make contactless mobile purchases of up to £15 at nearly 70,000 retailers around the U.K., including […]

Identive Group announced the launch of SmartCore, an RFID card core manufacturing technology that enables surface quality and printability of contactless ID and access cards. SmartCore card cores eliminate the need for chip enclosures and enable production of an even surface without bumps or irregular patterns. In the SmartCore process the integrated circuit (IC) and […]

Cubic Transportation Systems has introduced Nextaccount, an account-based open payment platform that offers travelers the convenience to use contactless bank cards, student IDs and mobile phones as their smart ticket, in addition to transit issued smart cards. The new platform gives travelers the ability to pay transit fares directly at the point of travel with […]

It’s finally on the horizon: EMV chip cards are coming to the United States. EMV will give broader security against fraud than a traditional magnetic stripe, but it also opens the door to additional applications that could make the card a multi-purpose tool. Will U.S. issuers take advantage of EMV’s full range of capabilities beyond […]

UL, previously known as Underwriters’ Laboroatory, announced the acquisition of Collis, a provider of secure transaction technology and advisory services based in Leiden, Netherlands. The addition positions UL as a global provider of transaction security, interoperability and conformance evaluation and advisory services for the mobile, payment card, eTicketing and ID management sectors. Collis develops and […]

The Canadian government is working with financial services companies to enable consumer’s to use bank-issued credentials and payment cards for access to government services, negating the need for special purpose IDs and passwords that are infrequently used and thus difficult to remember. Toronto-based SecureKey Technologies was hired by the Canadian government to launch the credential […]

New research from American Express shows that more than half (52%) of U.S. consumers aged 18-24 are likely to try new technology-enabled payment tools – e.g. NFC-enabled mobile payments – compared with 23% of 55-65 year olds. Furthermore, 58% of 18-24 year olds find mobile apps “somewhat or very convenient” for online purchases, compared with […]

Jorge Solis would like you to imagine three houses next to one another. One has a small dog bowl outside with the name “Fife,” the next has a regular sized bowl with “Max” on it and the last has a large dog bowl with the name “Killer” inscribed. Which house will a burglar try to […]

Ingenico is working together with Cajasiete, a financial services provider based in Canary Islands, Spain, on the deployment wireless terminals to support a new program of contactless payments at throughout the islands. Cajasiete has issued more than 5,000 of its SINcontacto cards, offering customers contactless payments using Visa payWave technology. For the initial roll out, […]