EMVCo Streamlines Approval Process for Mobile Payment Devices

Digital and analogue testing for the electrical, mechanical and communication protocol characteristics of the mobile device as defined within the EMV Contactless Communication Protocol Specification – Book D, version 2.5. Interoperability testing to validate the successful interaction between the mobile payment device and a range of EMVCo approved payment acceptance terminals. Performance testing of the

KeyBank Expands Client Mobile Payment Options with Masterpass by Mastercard

Jason Rudman, director of KeyBank Consumer Payments and Digital Banking. “Whether clients prefer to pay via tap, dip or swipe, we want to be our clients’ primary payment provider as they determine how they want to make payments. We are excited to offer Masterpass to our clients.” KeyBank’s partnership with Mastercard means KeyBank clients will

EMVCo Introduces ‘Payment Account Reference’ to Support Tokenization

What is PAR? According to EMVCo, PAR is a ‘newly-defined data element that reduces reliance on primary account numbers (PAN) when managing security requirements and delivering value-added services.’  It has been introduced solely to support the process of payment tokenization. Why has PAR been introduced? Tokenization reduces the value of stored payment credentials by replacing

Orange Completes Acquisition of Mobile Operator Airtel in Sierra Leone

Orange announces that, together with its Senegal-based partner Sonatel, it has completed the acquisition of 100% of the mobile operator Airtel in Sierra Leone. Since the signature of an agreement with Bharti Airtel International (Netherlands) BV (“Airtel”) in January 2016, Orange has obtained all the official approbations necessary to complete this transaction. Airtel is the leading