IMS Research has released a new report predicting that global contactless smart card shipments will increase from 950 million in 2010 to 3.5 billion in 2016. According to “The World Market for Smart Cards and Smart Card ICs – 2011 Edition,” contactless bank cards will drive most of the growth – primarily from the People’s […]

PATCO, the high speed rail line that runs between Philadelphia and Camden County, N.J., will introduce new contactless Visa fare cards, according to The Philadelphia Inquirer. The prepaid Visa card will join the existing contactless Freedom card as part of a one-year open fare payments trial on PATCO run by Cubic Transportation Systems. The Visa […]

Visa has announced that it will license its payWave contactless payment technology to Google for its mobile payments and loyalty service, Google Wallet. The agreement sets the stage for banks worldwide to enable Visa account holders to add their credit, debit and prepaid accounts to Google Wallet – a mobile app that lets NFC-enabled smart […]

Auto-resolution technology provider Adeptra and ValidSoft, a supplier of fraud prevention, authentication and transaction verification solutions for the banking industry, have created a commercial and technology partnership to provide retail banks with worldwide fraud protection. Adeptra and ValidSoft have agreed to pair ValidSoft’s fraud detection capabilities with Adeptra’s product line. These technologies include real-time proximity-based […]

GlobalPlatform, a non-profit association in the smart chip industry, has announced the launch of its compliance program trademark, designed to ensure the creation of an interoperable end-to-end environment for managing applications on secure chip technology. The association has appointed a dedicated secretariat who will manage all qualification processes for products, test tools and laboratories, as […]

IronKey announced that it will sell the assets of its data storage hardware business to Imation Corp. Terms of the deal were not disclosed, but with the acquisition, the two companies formed a partnership to allow Imation’s customers access to IronKey’s cloud-based security services. With this deal, IronKey will focus on its cloud-based security services […]

FIME has announced that it will work with the Central Bank of Uzbekistan to supply its physical durability test tools for e-passports. According to FIME, the suite of test tools will be implemented by Uzbekistan’s state production enterprise, Tashkent Paper Mill of GPO Davlat Belgisi, to ensure that all passports comply with physical durability specifications […]

Google has officially released the first version of its Google Wallet app to Sprint. According to Google’s blog, the app will be delivered to all Sprint Nexus S 4G phones through an over-the-air update. As a bonus, early Wallet adopters will be rewarded with a $10 free to use on their Google Prepaid Card. Additionally, […]

Interac Association has announced that Canada’s Scotiabank is now issuing chip-enabled debit cards with Interac Flash contactless functionality. The new “SCENE ScotiaCard” gives cardholders the choice of paying for smaller value items by simply tapping the card against a contactless reader at the point of sale. According to Interac, Flash builds on the security of […]

Guaranty Bank and Trust Company, a Colorado-based community bank and wholly-owned subsidiary of Guaranty Bancorp, is starting to offer its customers IronKey Trusted Access, a secure browser that helps prevent identity theft, payments fraud and online banking account takeover With Trusted Access, Guaranty Bank protects online business banking customers using secure browsing technology that helps […]