Benazir Income Support Program (BISP), in partnership with United Bank Limited has distributed more than 34,000 smart cards among the Internally Displaced Persons (IDP’s) of the North-West Frontier Province of Pakistan, according to tradingmarkets.com. So far, 34,357 registered IDPs in Charsadda, Lower Dir, Malakand Agency, Buner and Swat districts have received the cards, which grant […]

Thales information and communication systems now offers payShield Cardholder Authentication for its nShield Connect and nShield PCI Express hardware security systems. Thales’s payShield for nShield authenticates credit card users and protects encryption key transfers, credit card information and assists with PCI. The system is already adopted in Web-based online banking applications including MasterCard’s Chip Authentication […]

The Indian Institute of Management in Bangalore is in the process of providing its alumni members with smart ID cards so that they can continue receiving all the perks of being an IIM-B student, according to Express Buzz. The institute is working to make its smart ID cards serve dual purposes, using it as both […]

The European Payments Council (EPC) and GSMA, a trade group of wireless operators, have launched a consultation on SEPA and mobile contactless payments, according to finextra.com. The two organizations are working to encourage cooperation among payment services providers and mobile network operators for the eventual creation of a Europe-wide mobile payment system that would allow […]

Despite booming numbers, contactless payment still has yet to earn the attention of American consumers, according to American Banker. Most of the blame for the slide in consumer interest is placed on banks and card networks. According to Nick Holland, a senior analyst at Aite Group LCC, most contactless card owners are unaware of their […]

Just as the European Union is ready to unveil mobile payment technology, phone operators and customers are having second thoughts about the product. Mobile payments are drawing concerns from both parties, according to Euractiv.com. Consumers are worried about who will be tracking their purchasing history the level buying history privacy that will be exposed, while […]

Indiana State University announced that students can now use Blue Bucks to take advantage of off-campus restaurants, giving students better options and a more flexible schedule of when and where they can eat, reports the Indiana Statesman. Once the on-campus dining halls are closed for the night students can use their Blue Bucks, a new […]

Gemalto is providing its Ezio Pocket Reader to customers of Advance Bank of Asia (ABA) in Cambodia. The solution targets online banking and e-commerce vulnerability and security needs.The Ezio Pocket Reader features two-factor authentication with One-Time-Passwords preventing the customer from typing their information on workstation computers. The ABA will also be the first bank in […]

Irish banks are considering offering support for mobile payment using NFC technology, according to the Irish Examiner. Representatives from Visa Europe are meeting with banks in Dublin this week to negotiate a deal that would bring the technology to Ireland. Plans are expected to be finalized by 2011. Visa Europe is also working on Irish […]

PYMNTS.com, a joint venture between Berkshire Hathaway’s Business Wire and Market Platform Dynamics that promotes the companies, products and people that drive “what’s next” in global payments, has announced the launch of the Mobile Platform Wars briefing room – a place where participants from across the payments sector can voice their views on how mobile […]