The world of mobile payments took a step forward in September when the Google Wallet was rolled out. The mobile application provides secure storage of payment information and uses near field communication (NFC) to complete a transaction. It takes a simple tap of the phone to make a purchase. The Google Wallet is only available […]

Reportlinker.com is offering a new report on the biometric industry that calculates the market’s growth at a compound rate of 21% from 2012 to 2014. Entitled “Biometric Market Forecast to 2014,” the report discusses the drivers of this growth, including national security, maintaining individual identity, corporate security and fighting identity theft. Both civil and private […]

Collis announced the release of the all-in-one Collis Brand Test Tool for a complete EMV contact and contactless solution. The Collis Brand Test Tool has been developed for acquirers, retailers and processors that are involved in the development, testing and deployment of card acceptance devices. This latest release includes all previously qualified functionalities, in additional […]

In an effort to prevent tampering of its core banking solution platform, the State Bank of India plans to integrate biometric authentication devices, reports The Hindu. The bank intends to install single finger capture readers at select branches throughout India. The front line employees will use these devices, which tie into a centralized backend system […]

Australia is moving towards a cashless society, with the latest trends indicating a rise in the number contactless payments, according to the Australian Broadcasting Corporation. Figures released by the Reserve Bank show decline in ATM cash withdrawals. In January, the total number of ATM withdrawals was down almost by nearly 1 million when compared to […]

The Bank of China and other major Chinese banks are deploying new bank terminals designed to reduce teller fraud in branch offices. Miaxis Biometrics Co. LTD created the product by integrating AuthenTec’s TCS2 TouchChip fingerprint sensors into its Bank ID Terminals. Bank tellers will use their fingerprints to provide a unique identification marker, which will […]

A new study from Juniper Research forecasts that NFC will drive mobile transactions to $74 billion by 2015 – a threefold increase from 2011. In the “Mobile Commerce Markets” report, Juniper attributes this growth to the increasing use of NFC for in-store payments and transport ticketing applications, two of the fastest growing segments of the […]

SMARTRAC has expanded its product portfolio of white contactless ISO cards with the announcement of the new CISO FRAM card. The CISO FRAM card operates at 13.56 MHz and offers a variety of features, including a memory capacity of 2 Kbytes, 64-bit UID, high-speed data transmission and reception, anti-collision function, anti-theft (EAS) command, FRAM memory […]

Qatar National Bank (QNB) and local teleco Qtel have teamed up to launch Qatar’s first commercially available NFC payments service. Powered by MasterCard and Oberthur Technologies, the service enables QNB and Qtel customers to make everyday purchases of up to QR100 ($27.50) with just a tap of their NFC-enabled mobile phone. QNB customers can use […]

Japan’s Dai Nippon Printing Co. and the Identive Group have teamed up to develop a new reader designed to handle any type of electronic identity credentials used in Japan. Built with banks and retailers in mind, the NDI711 reader supports NFC-enabled phones, including those using the Osaifu-Keitai Mobile Wallet, along with Type A/Type B contactless […]