ActivIdentity Corp., a provider of strong authentication and credential management, announced that it has signed a contract with The Co-operative Financial Services, part of a consumer financial services provider in the United Kingdom. ActivIdentity’s 4TRESS Authentication Server secures money transfers, account updates and the addition of new payees. The Co-operative’s 1 million retail customers will […]

Digital security provider Gemalto is providing Vietnam’s largest bank with a two-factor authentication solution that utilizes MasterCard’s Chip Authentication Program and Visa’s Dynamic Passcode Authentication (DPA), both which are part of the EMV standard. Working with EMV microprocessor cards, the system provides one-time-password and digital signature capabilities for Hanoi-based Foreign Trade of Vietnam, also known […]

Scotland-based i4 Product Design has developed for another Scottish company, Tailwind Solutions, a contactless card payment solution for retailers that works in an EMV environment, allowing consumers to pay with their NFC-compliant phones or contactless EMV cards. The PoS Paddle Tap-It, which launched at the Contactless Intelligence Conference and Exhibition in London last week, is […]

Rising applications of smart cards in various fields, including security, payment and ticketing, is expected to spur a 33% growth rate in contactless cards over the next three years, according to a report from a research firm based in India. In its “Smart Card Market Forecast to 2012,” RNCOS notes that the contactless smart card […]

Gemalto is providing the first multi-application contactless student card for identification and payment in Serbia. The cards have been delivered to Poslovno Informacioni Sistemi, a Gemalto reseller, which supplied the personalization solution for universities to issue cards directly to students. The card is already in use by more than 30% of Serbia’s student population, in […]

Gemalto says it has completed the initial phase of assisting the Royal Bank of Scotland in its migration to EMV credit cards in three Asian markets–Indonesia, Taiwan and India. The first project, in India, began six months ago and was completed in three months, about half the time it normally takes for banks in Asia, […]

Visa is piloting two new systems designed to prevent credit card fraud, according to a Computerworld article. One of the tests involves Fifth Third Bank. The institution is issuing cards that have unique digital fingerprints on the magnetic stripe of the card. Each stripe contains unique characteristics that can be captured and used to verify […]

Collis announced the release of the Collis Card Image Editor; a new product designed to support both Issuers and Acquirers with card and terminal testing. The Collis Card Image Editor is a tool for editing EMV card data. It provides an editing functionality of data from a real EMV Card. It can be used to […]

Contactless card supplier Oberthur Technologies has begun delivery of its next generation dual interface payment card, called Chrysalis Fly, to S2p, the banking subsidiary of French superstore chain Carrefour. It is part of the company’s new universal payment card project that has been billed as one of Europe’s largest contactless projects to date. For S2p, […]

Credit card fraud is on the rise in the UK despite deploying Chip and PIN five years ago, according to a report in The Independent. The latest figured points to 600 million pounds of credit card fraud in 2008, compared to 535 million pounds in 2007. Organized criminals have switched from card present fraud to […]