Gemalto, the world leader in digital security, announces that its UpTeq NFC SIM embedded software and product has been selected by Chunghwa Telecom (CHT) to secure its NFC payment program. CHT is Taiwan’s largest mobile network operator with 10 million subscribers. The initiative, using the SIM as the secure element to safeguard mobile NFC transactions,
Ensygnia, the mobile payments company backed by Telefonica’s technology start-up accelerator Wayra, today confirmed it had been granted its second UK patent. The company, which recently closed its $3.3m start-up funding round, added that its granted UK patents now covered both log-in and payment processes. Ensygnia also confirmed that it had now acted on its
Mahindra Comviva, a provider of mobile financial and VAS solutions, announced the global launch of its payPLUS solution, powered by its award-winning mobiquity® platform. An integrated payment solution, payPLUS works as a one-stop-shop for all requirements of businesses and enables merchants – small and medium businesses and service professionals, to convert their mobile phone into a Point-of-Sale (MPOS) device and drive
Datacard Group, a leader in secure ID and card personalization solutions, announced the opening of its new office in São Paulo, Brazil. With the dedicated local office, Datacard Group shows continued commitment to better serve customers and channel partners in the region. The office, which includes a large customer and demo area and houses a
TSYS and NetSpend Holdings, Inc. announced that TSYS has completed its acquisition of NetSpend. NetSpend is now a wholly owned TSYS subsidiary and TSYS’ fourth operating segment focusing on direct to consumer products and services. NetSpend will continue to be led by chief executive officer Dan Henry and president Chuck Harris. The segment will report
The Clearing House (TCH) announced that it is working with America’s leading financial institutions to develop an industry wide dynamic credentialing solution to improve the safety and soundness of digital payments. As a first step, TCH, which is comprised of 22 member banks, is developing a pilot program to demonstrate a solution that would foster
Jingdong (“JD.com” or the “Company”), China’s leading direct B2C e-commerce company, announced that it recently began offering the first government-issued electronic receipts, or “fapiao,” in China’se-commerce industry. The electronic receipts are an additional option for customers beyond the traditional paper fapiao that Jingdong has always offered for all products sold both through its direct sales and POP marketplace platforms. “The
Western Union and Commercial Bank of Dubai (CBD) today announced they will work together to introduce a co-branded prepaid payroll card in the United Arab Emirates. The CBD Western Union® Payroll Card, which is expected to be available this summer, follows the introduction of the UAE government-mandated Wages Protection System (WPS), which requires that all
Cadence Bank, a leading regional bank serving the Southeast and Texas in the US, will be the first bank in Birmingham to begin using interactive video technology. In the next few months Cadence will install two drive-up APTRA™ Interactive Teller units from NCR Corporation which will extend service hours and create friendly and efficient customer
UniCredit, the biggest bank in Italy, will be gradually procuring automated teller machines and cash recycling systems from Wincor Nixdorf’s new CINEO generation over the next three years, in a replacement project addressing almost 50 percent of its installed base of self-service systems. Wincor Nixdorf will also be providing services for the bank. All this
