Bulgaria’s largest credit card issuer will be releasing JCB-branded cards in March, marking the Japanese company’s first foray into Europe with an EMV-compliant card. The new card will come in Classic and Gold versions for individuals and a Business card for corporate clients. Tokyo, Japan–JCB, a leading international payment brand, has announced that Transcard AD, […]

Holding company, StepNexus, readies the OS for broader application By Erik Peterson, Contributing Editor At the close of 2005, Keycorp Ltd. united with Hitachi Ltd, MasterCard International and Oak Hill Venture Partners in a joint venture to develop the MULTOS smart card operating system (OS). Keycorp’s 18 percent stake in the new company amounts to […]

Axalto says it is upgrading one of its point-of-sale terminals to accept the TaiwanMoney Card powered by MasterCard’s M/Chip which includes both an EMV interface and OneSmart PayPass functionality for EMV contactless payments. According to one Axalto executive, “…the security brought by our chip-based solution and the convenience and speed of the contactless functionality will […]

Axalto’s Palmera smart card, which meets People’s Bank of China’s EMV specifications, has been chosen by Industrial and Commercial Bank of China. According to Axalto, this marks the country’s first EMV card issuance program. ICBC awards Axalto its first Chinese EMV card issuance project in China AMSTERDAM, The Netherlands & BEIJING–Axalto, the world’s leading provider […]

Axalto, and a Turkish printing company, Atilim, have partnered to help banks in Turkey migrate to the EMV standard. The agreement aims to serve one of the most dynamic and largest banking markets in Europe, with more than 75 million payment cards in use to date and a growth potential of 15% per year. Amsterdam, […]

Leading smart card manufacturer Gemplus, which, through its joint venture with China-based Goldpac Group has issued more than one billion smart cards in the Asia-Pacific area, recently announced it has shipped EMV credit cards to one of China’s largest banks, marking the first such deployment in the country. ICBC is the first to deploy EMV […]

A panel of ID industry experts provided predictions for 2006. One of these glimpses into the future will appear here each day during December. By Mohammad Khan, President, ViVOtech These past 12 months could be considered “the year” of commercial roll out of contactless payment in the United States. MasterCard, Visa, and American Express have […]

A panel of ID industry experts provided predictions for 2006. One of these glimpses into the future will appear here each day during December. By Gil Bernabeu, Technical Director, GlobalPlatform Next year (2006) will see the first deployment and pilots of e-passport schemes based upon the International Civil Aviation Authorities (ICAO) specifications. Designed to enhance […]

A panel of ID industry experts provided predictions for 2006. One of these glimpses into the future will appear here each day during December. By Dominique Gauthier, Marketing Manager, software and technologies, Ingenico This past year will remain in the payment industry history as The Year It Really Started. For the first time, the banking […]

By Marisa Torrieri, Contributing Editor Today, most corporate banks in the U.S., Europe and Latin America use two-factor authentication techniques to minimize security risks. But soon, your average, ATM-carrying Joe will join them, as a new breed of products offering amplified security hit the mass market. In response to the increase in Internet banking fraud, […]