MasterCard and Telefónica have formed a joint venture to deliver mobile financial services to customers of Vivo, the largest mobile operator in Brazil. The partners say the initiative will yield a mobile wallet service that will allow Vivo’s 65 million subscribers to make payments via their mobile phones as well as transfer funds, pay bills […]

FIME, an independent consulting and market integration testing service, has been selected by digital security provider Gemalto to validate its UICC NFC 2.0 product. The goal is to achieve qualification status by GlobalPlatform, which launched its compliance program earlier this year. Gemalto is among the first smart card players to align its product with the […]

Global Payments has announced the launch of Ingenico’s iCT250 contactless point of sale terminal in Canada. According to Global Payments, the deployment makes them the first merchant acquirer to offer the contactless payments terminal in North America. Based on Ingenico’s Telium2 platform, The iCT250 accepts payments from contactless credit and debit cards, EMV cards and […]

Jaspersoft announced that CardSmith is using its business intelligence suite to provide campus customers with better decision-making through Web-based reports, dashboards and analysis. CardSmith embeds Jaspersoft in its Software as a Service (SaaS) transaction solution enabling administrators to create reports that analyze student and consumer behavior. The CardSmith managed service provides educational institutions with campus […]

Morpho has teamed up with Moneo Payment Solutions to launch the new “MoneoPass by Morpho” contactless card. Morpho designed the cards to be used by local authorities, universities, businesses and transport operators for a variety of applications, including payments, transportation, access management and control, event tickets, ID badges, catering, loyalty cards and more. MonoePass is […]

Simply providing consumers with mobile wallet technology will not be sufficient to drive mass-market adoption, asserts Mobey Forum in a new white paper. In “Mobile Wallet – Definition and Vision,” the bank-led mobile industry association advocates taking a “holistic” approach to driving adoption, centered on innovations in mobile marketing. Mobey Forum says it is also […]

University students targeted for cards Gemalto was chosen by Banco Santander Brasil, a financial institutions with more than 90 million customers worldwide, to deploy a contactless EMV payment system in Brazil. Santander Universities Global Division, responsible for the project, expects to issue thousands of contactless payment cards to Brazilian university students over the next 12 […]

GlobalPlatform has announced that Clear2Pay, a global payment solutions provider, and Shanghai COS, a chip operating system (COS) developer, have become the organization’s newest members. As a Participating Member, Clear2Pay will be able to join GlobalPlatform’s Device Committee, where it will provide input into the development of specifications for the Trusted Execution Environment (TEE). GlobalPlatform […]

Visa is teaming up with MTN Group, a teleco operating in Africa and the Middle East, to offer a new mobile prepaid account service that will provide secure financial services and electronic payments to unbanked consumers in developing countries. Visa’s new product will enable MTN Mobile Money account holders to send funds to each other, […]

The London Assembly is cautioning that Oyster Card users may be stuck paying more after contactless credit and debit card payments are introduced next year, reports MayorWatch.co.uk. According to a report issued by the Assembly’s Transport Committee, the estimated one in five Londoners who do not own a credit or debit card may not be […]