Smart Packaging Solutions (SPS) announced that its SPS EBooster technology has been recognized with 15 additional Visa and MasterCard certifications obtained in 2011. SPS EBooster technology enables smart card manufacturers to deliver dual-interface cards – contact & contactless – to financial institutions issuing banking cards. This ensures smart card manufacturers are able to adapt to […]

2012 is meant to be “the year of the contactless payment,” however a number of industry analysts believe that the technology is failing and, in turn, costing the consumer money, according to This is Money. Reports estimate that the cost of developing, installing and maintaining contactless terminals will be left for the consumers to deal […]

Visa Inc. and Intel Corporation have announced a multi-device, multi-year agreement to develop mobile commerce solutions for Intel’s smart phones and tablets. During a press conference at Mobile World Congress in Barcelona, the companies outlined plans to bring Visa payWave NFC payments to Intel Atom-based smart phones and tablets, including the Intel Smartphone Reference Device, […]

Mobile app platform provider Kony Solutions and VASCO Data Security International Inc. have formed an alliance to increase security for mobile applications. To that end, Kony has installed VASCO’s DIGIPASS SDKstrong user authentication into its mobile application development platform. Designed for financial institutions, the added security on the Kony platform enables companies secure all mobile […]

Michigan-based CTS North America, a supplier of check and cash products for merchants, tellers and branches, released a scanner that captures both checks and color IDs. This product, called the LS150 IDC is designed to help U.S. banks improve customer service and control fraud. CTS developed and tested the scanner over a two-year period. The […]

Banco Santander, the Spanish arm of Santander Group, has teamed up with Orange to develop the first mobile wallet that supports both Visa and MasterCard issued accounts. According to NFC World, Santander’s mobile wallet will enable customers to load their Visa and MasterCard credit and debit cards onto their mobile phones to make NFC payments […]

Isis announced that Chase, Capital One and Barclaycard have entered into agreements with Isis enabling their credit, debit and prepaid cards to be placed into the Isis Mobile Wallet. Starting in mid-2012, consumers will be able to load their eligible Chase, Capital One and Barclaycard cards into their Isis Mobile Wallet and shop at participating […]

MasterCard and Telefonica have named their mobile payments joint venture in Latin America “Wanda.” According to MasterCard, Wanda was created to lead the development of mobile financial solutions in 12 markets in Latin America, providing mobile payment solutions to the more than 87 million Movistar customers. These mobile payment services will be linked to a […]

ActivIdentity has added a fraud detection service and authentication capabilities to its 4TRESS Authentication Appliance. Targeted to the banking industry, 4TRESS offers multi-layered strong authentication for both network and cloud services. 4TRESS provides real-time fraud prevention and helps banks protect themselves against cyber attacks and meet FFIEC regulations. It delivers two-factor authentication through a device […]

VeriFone introduced the VX 680 terminal to Spanish merchants, enabling full contactless and NFC acceptance – designed to bring new levels of convenience to their customers. The announcement coincides with contactless trials and initiatives from card issuers and banks to drive consumer adoption of ‘wave and pay’ in Spanish cities. Spanish merchants will be able […]