The four members of the Smart Payment Association account for “the vast majority of the payment smart cards market,” more than 580 million, according to a survey released by the association. That figure corresponds to a 39% year-on-year growth spurred by EMV migration, the survey points out. The organization was founded in 2004 by Gemalto, […]

The chairman of the European Payments Council says many European banks may look at banning less secure mag-stripe credit and debit cards once the transition to the EMV standard, probably by 2011, is complete, the American Banker reports. “My feeling is, although it has not yet been decided, the [council] will take a decision in […]

A Massachusetts research organization reports that EMV is continuing to expand, especially in Europe, Latin America and Canada, but its growth has slowed due to the global economic crisis as banks are being forced to slow down or postpone their migration plans. In some cases these plans have been put on hold indefinitely and the […]

Dynamic Card Solutions, a Colorado-based instant card issuance PIN selection and PIN change provider for financial institutions, has announced the availability of CardWizard easyPIN, its EMV PIN change solution that enables portable and remote changing of a cardholder’s PIN. Utilizing DCS’ new software-based solution and associated unconnected smart card readers, issuers can now offer their […]

Oberthur Technologies has paired with People’s Bank in Tbilisi, Georgia to launch a Visa payWave contactless payment program. The bank’s Voyage Card combines contact chip and PIN payment capabilities with Visa’s payWave, enabling the cardholder to pay simply by placing his card in front of a reader. The card also offers MIFARE ticketing for use […]

Collis announced that it has implemented a new module for French CB contact cards in the Collis EMV Personalization Validation Tool. This new module covers the Groupement des Cartes Bancaires card personalization specification. Contactless cards will be supported in the near future. The Collis EMV Personalization Validation Tool (Collis EMV PVT) is a tool designed […]

Oberthur Technologies and Dyetron S.A, a provider of smart card-based technology solutions for the transportation, communications, government and financial sectors, announced a partnership to provide EMV cards in Colombia. Colombia’s Superintendencia Financiera has imposed a January 1, 2010 deadline for issuers and merchants to migrate to EMV payment because of rising fraud rates from standard […]

Bell ID, a provider of smart card management systems, announced that it has signed a strategic partnership agreement with PandaID Soluciones. The two companies will bring Bell ID’s ANDiS Smart Card Management Solution to the EMV banking, government and corporate ID markets in Venezuela and Colombia. PandaID Soluciones, a privately held company with offices in […]

Participants at Visa’s Asia Pacific Security Summit 2009 in Malaysia see EMV chip cards as helping to drive the future of electronic payments and minimize counterfeit fraud. According to a survey taken during the summit, 75% of the security experts attending say they have EMV-compliant cards in their wallets. Additionally, the poll revealed that with […]

Gemalto announced that its Optelio banking card has been certified to the Saudi Arabian Monetary Agency (SAMA) requirements. Optelio is designed for the local market, as it hosts the Saudi Payments Network (SPAN) application, the debit card functionality deployed in Saudi Arabia. The Gemalto product is also compatible with the GlobalPlatform specifications, the Visa Electron […]