Gemalto announced that it has completed the acquisition of Todos AB from investors led by 6AP, a fund belonging to the Swedish National Pension system. Terms of the transaction were not disclosed. Headquartered in Gothenburg, Sweden, and employing 80 people worldwide, Todos is a provider of strong authentication solutions for Internet banking. Todos has to […]

These and more top 2010 list of security trends By Ross Mathis, Contributing Editor, AVISIAN Publications In predicting the security forecast for 2010, there will be a noticeable increase in the utilization of biometrics and cloud computing environments, says Terry Hartmann, vice president of identity solutions at Unisys. Increasing the security of credit card information […]

Cardis Enterprises International is introducing its small value contactless payment solution to the European market. According to Cardis, costly back-end shadow accounting and high-processing costs have kept low value contactless payment solutions from giving consumers an obvious advantage over using cash. Cardis addresses this issue by introducing an industry-first end-to-end transaction aggregation system, which enables […]

Visa has announced that in four years all credit cards issued in New Zealand with a magnetic strip will be replaced by contactless chip cards and EMV, according to The Timaru Herald. Visa made the announcement in light of a 20% increase in credit card fraud over the last few years, predominantly in Internet transactions. […]

Augusta has unveiled a smart card system designed for credit unions that would encourage cardholders to shop at local merchants. Augusta has developed the system in partnership with Ingenico, a supplier of payment solutions. This system represents an evolution of a system applied by Augusta with one of Africa’s largest banks across many remote areas […]

Watchdata was recently declared the winner of the Asian Sesames Award with its DBS Live Fresh 3-in-1 Visa credit card entry. The Asian Sesames Award aims to reward those with the best application in the field of smart card technology, developed for the Asian-Pacific market. In the 3-in-1 Visa, the DBS Live Fresh embodies three […]

EMVCo announced a new opportunity to payment industry participants so that they may be more involved in the strategic planning and direction of global payments standardization. EMVCo, which shares ownership between American Express, JCB, MasterCard and Visa, invites interested organizations, including payment card issuers, acquirers, merchants, processors, card and terminal vendors, networks and their representative […]

Smart Card 3rd Annual Payments Summit, an event featuring the contactless payment phenomenon becoming more popular in the world’s leading banks, took place February 23rd – 25th in Salt Lake City. The Smart Card Alliance is working to enhance a broader understanding, adoption and use of smart card technology. Participants at the February Summit covered […]

Atlantic Zeiser Group, a provider of card personalization solutions, has announced it will present new printing technology for the manufacturing of all types of cards, including EMV, at Cartes Asia in Hong Kong and Singapore. The centerpiece of the presentation will be Atlantic Zeiser’s “White Ink Printing,” which, according to the company, improves the look […]

Researchers at the University of Cambridge in the UK released a report claiming to have identified vulnerabilities with the EMV payment scheme. Industry organizations are meanwhile defending the technology, saying the hack would be difficult to pull off in the real world. The attack uses a fake chip card connected with wires to custom electronics, […]