Oberthur Technologies has announced that its EMV sector has experienced large growth leading up to the transition to EMV in the U.S, shipping more than 2.5 million EMV cards to U.S. banks and credit unions in 2011. In the last six months, Oberthur has doubled its active American EMV programs, bringing the total to 15 […]

A team of researchers at the University Of Pittsburgh Swanson School Of Engineering have developed a design that enables contactless “tap and pay” cards to turn on and off, making them unreadable by would-be thieves. Credit cards with contactless smart card chips operate when they are place in an electromagnetic field, leaving them vulnerable. Using […]

Turkcell, Turkey’s largest mobile operator, has reportedly issued 300,000 of its T-series NFC-enabled phones to subscribers, according to NFC World. Turkcell’s T11 and T20 phones, along with the BlackBerry Bold 9900, are compatible with Turkcell’s Cep-T Cüzdan mobile wallet, which enables contactless mobile payments, ticketing, loyalty, ID and, most recently, road toll payments. Cep-T Cüzdan […]

Integrated cybersecurity provider ThreatMetrix and information and risk management company TransUnion have partnered to share fraud prevention features. The result is that each company has its own enhanced platform for e-commerce businesses, financial institutions and social media sites. ThreatMetrix has incorporated TransUnion’s Contact Verification Service into its ThreatMetrix Cybercrime Defender platform. This service has been […]

Giesecke & Devrient (G&D) announced that it will provide its Trusted Service Manager (TSM) solution to the Commonwealth Bank of Australia for its commercial rollout of NFC contactless payments. According to G&D, Commbank is now giving iPhone 4 and 4S owners the opportunity to transfer their MasterCard PayPass card accounts onto their handsets to make […]

Financial Software & Systems (FSS) announced a new program – Smart Start – which aims to enable U.S. card issuers to implement smart card technology into their operations in less than four months. The Smart Start program is a full-function EMV/smart chip life cycle management system which manages the issuance and administration required for smart […]

Global Industry Analysts Inc. released a report forecasting the outlook on the global smart card market to reach 10.9 billion units by 2015. GIA credits the growth driven largely by major initiatives in the financial, government and security sectors, with the telecom sector at the way ahead of the pack as the largest end-user. Increasing […]

Digital security provider Gemalto has launched Dexxis EMV instant issuance card product, designed to streamline and speed up banks’ migration to EMV by bringing card issuance processes in-house. Dexxis EMV enables banks to issue and activate initial and replacement cards immediately on site by securely encoding the smart card chips and mag stripes, as well […]

Visa, in partnership with Monitise, has launched a suite of new mobile financial services on its revamped Debit Processing Service platform, enabling mobile phone users to check their account history and balances, transfer funds between accounts, and receive real-time transaction alerts. Visa says it will soon expand the services to include NFC-enabled mobile payments, as […]

CoVantage Credit Union (CVCU) announced the availability of Tyfone’s mobile wallet services throughout its branches in Wisconsin and Michigan. Some 64,000 CVCU members can now use Tyfone’s mobile banking services, which include balance checking, account history review, fund transfers, branch and ATM location look-up, as well as several new features: Mobile banking for non-online bankers: […]