The Indian branch of Citigroup has announced plans to launch NFC-enabled mobile payment technology by December of this year, according to livemint.com. The announcement follows the recent completion of a 26-week NFC payment pilot project in Bangalore featuring 3,000 customers, 250 merchant locations and nearly 50,000 contacltess purchases. Citi partnered with Nokia Oyj and Vodafone […]

UK’s Barclaycard is now allowing customers to pay for greater value items with their contactless credit and debit cards, bumping the limit up from £10 to £15 per purchase, according to which4u.co.uk. Barclaycard hopes that the increased spending range will encourage more retailers to implement the technology. According to Barclaycard, there are currently six million […]

CardSmith announced that it has implemented its card program management service at three continuing care retirement communities – two in North Carolina and one in Virginia, all of which are managed by United Church and Home Services. Under the program, residents of the facilities are issued personalized cards with pre-paid spending accounts that can be […]

A report by The Ponemon Institute on behalf of Thales, released information regarding the Qualified Security Assessors’ recommendations and costs for the information and communication security industry. The report titled, PCI DSS Trends 2010 – QSA Insights, found that 41% of businesses would fail compliance audits if unable to rely on temporary compensating controls to […]

Voice biometrics doesn’t receive the same level of attention as other modalities, but it has unique benefits the others cannot match. Chief among these is its ability to enable remote authentication over the telephone. This phone-centric model means it doesn’t require any additional hardware, and geographic proximity is irrelevant. Considering that call centers dedicate 12% […]

Providence College students will soon be able to use their PC Cash, stored on their student IDs, at local participating vendors, say The Cowl, the school’s student-run newspaper. Currently, CVS, Golden Crust, and Frankly’s Pizza have all signed contracts with Blackboard, who was contracted by the campus to implement the new payment system. The campus’ […]

The Shanghai Municipal Publicity Department and China Unicom just signed a framework agreement to provide customers with mobile video, mobile music, e-books and NFC-enabled mobile payment. The precise details of the agreement remain undisclosed. In addition, Shanghai plans to introduce China Unicom’s call center into the city’s international cultural service trading platform in order to […]

Cubic Transportation Systems has been awarded a $15 million contract to design, deliver and provide services for a new smart card ticketing and revenue management system for the South Florida Regional Transportation Authority (SFRTA). The system which will be interoperable with Miami-Dade County’s new EASY CARD system. Tri-Rail, the commuter rail service connecting Palm Beach […]

New Internet Lottery Terminals are offering gamers the option of paying contactlessly, according to squidcard.com. Sixteen separate games are currently available on a Web-based server that accepts a multitude of cashless payment forms. The server will also enable players to track how much money they have spent or won on a particular machine. Contactless payment […]

ICAP Ocean Tomo, the intellectual property brokerage division of ICAP plc (IAP.L), announced it will offer for sale a patent portfolio of smart card technology at its upcoming Live Auction March 25, in San Francisco. The patents in the portfolio describes a “hybrid” smart card design that incorporates integrated circuit and magnetic memories for storing […]