Itautec and Lumidigm have partnered to create a system that utilizes biometrics and a QR code for secure withdrawals at ATMs. To use the system, a customer would have a banking app on his phone and use it to select how much money he would like to take out of the ATM. He drags that […]

There is a strong potential for growth in electronic payment methods in the United Arab Emirates (UAE) region, as 10% of all transactions are paid for electronically compared to 15% globally. MasterCard reports the UAE currently has 1,000 contactless terminals and Qatar has 500 terminals, compared to two years ago when there were none in […]

Bendigo Bank, an Australia-headquartered financial services provider, is introducing contactless technology to enable its credit and debit cardholders the ability to speed through the checkout line. The new cards will feature contactless technology with MasterCard PayPass and Visa payWave. A fast and secure way to pay, customers will be able to complete small purchases without […]

The finalists for the 2013 Contactless & Mobile Awards, sponsored by Visa, have been announced. These awards recognize those companies, organizations and retailers who have done the most to embrace and implement contactless and NFC technology into their day-to-day operating practices. The competition is open to all implemented contactless applications within the relevant sectors, regardless […]

The Port Authority Transit Corporation (PATCO), operating the rapid transit between Southern New Jersey and Philadelphia, has inked a deal with Cubic Transportation Systems Inc. to upgrade the card readers at its fare gates to accommodate a new version of its electronic transit fare system. According to Philly.com, the move won’t bring PATCO any closer […]

Morpho, a high-technology company of Safran, is the supplying one of the first Colombian MasterCard Maestro PayPass debit cards to Latin American financial conglomerate The Bancolombia Group. Morpho is providing a full set of consulting, integration, personalization and production services through its teams located in Bogotá, Cali and Medellin to support Bancolombia’s strategy to roll […]

VASCO Data Security International Inc. has launched DIGIPASS 870, a USB connectable card reader that has different modes depending on its connectivity. When connected, the card reader has functions for PKI-based e-banking or e-wallet applications and uses the “what you see is what you sign” function. The device can display transaction information, which the user […]

Ingenico achieved second place in the “Projects” category of the “Contactless Payment” terminal competition run by the German Savings Banks Association (DSGV) in Berlin. With more than 800 units installed, the iPP350 terminal that received the award from the DSGV has been approved for all of the card-based payment procedures that are relevant in Germany. […]

European bank UniCredit has become Fujitsu Technology Solutions’ first major customer to order its PalmSecure authentication system, reports Computerworld. UniCredit plans to launch the palm scanners in Italy as a payment authorization method at POS terminals. The system, which it’s calling Papillon, will eliminate the need for a card or PIN and will allow enrolled […]

After an investigation of Android mobile branded devices, MWR InfoSecurity has revealed that mobile banking on the phones could put consumers at risk of fraud and cost banks millions a year. The report, which was revealed on the final day of the Mobile World Congress held in Barcelona, investigated the security standards of popular Android […]