Entrust Datacard announced the availability of the Datacard EMV Personalization Validation software that is designed to validate the chip of every EMV card issued on a Datacard MX Series card issuance system. Using Barnes International’s smart card verification technology, this inline automated process helps increase production efficiencies and increases peace of mind for financial institutions.
UnionPay International announced it cooperated with Bank of Taiwan to enable the acceptance of UnionPay cards (card number starting with 62) on the Bank’s tuition and fees portal, allowing 45 local institutions of higher learning to accept tuition payment with UnionPay cards. The platform is the largest local tuition payment platform, where UnionPay becomes the
3Delta Systems, Inc.(3DSI), a leader in online credit card processing and a pioneer in safeguarding confidential payment data, has partnered with London-based Enterprise Payment Solutions Ltd. (EPS) to offer Enterprise Payment Exchange — the SAP-certified integration for EC-Pay, 3DSI’s buyer-initiated payments solution. This collaboration allows SAP users to streamline their commercial payments process and push
CPI Card Group, a global leader in financial and EMV chip card production and related services, announced that the company received the Center of Excellence award for the second consecutive year at the Smart Card Alliance’s annual member meeting. This program recognizes member companies who reach the highest level of active participation in the Smart
MBNA has, in partnership with MasterCard, launched a trial of a digital wallet. Once the trial is complete in early 2015, the MBNA Wallet could be quickly rolled out to customers. This will enable customers to securely store their credit and debit cards in their ‘e-wallet’ and, at the checkout for their online shopping, select
American Express announced the opening of a new technology hub in Palo Alto, expanding its presence in Silicon Valley. The new team being assembled will focus on innovations in big data, cloud computing and mobile infrastructure. “Technology innovation is driving the company’s ongoing digital transformation, and our team in Silicon Valley is focusing on core
Kenya and East Africa are actively transitioning to cashless payments systems. East Africa’s economies are largely cash based informal economies with its associated costs. Challenges in aggregating national transaction data, consumer spending patterns, tax administration – there is really no shortage of incentives. “With no means to track sales, little data is available, and channels
MasterCard has announced the launch of MasterPass in France and Russia expanding the MasterPass footprint to seven countries in Europe and 16 countries worldwide. MasterPass is the only global digital platform to eliminate the need to enter detailed payment and shipping information with every purchase, simplifying and speeding up the process of completing a transaction
Mastercard and National Microfinance Bank (NMB) have agreed to roll out 1.5 million MasterCardpayment cards in a move aimed at reducing cash dependence and enhance financial inclusion. As a result of the partnership, NMB will issue secure EMVChip and PinMasterCard prepaid, debit and credit cards over the next seven years. The cards will feature MasterCard’s
MasterCard announced the launch of MasterCard Labs for Financial Inclusion, a new initiative seeking to impact more than 100 million people globally by developing practical and cost-effective financial tools that expand access and help build stable futures over the long term. Through an $11 million grant over three years from the Bill & Melinda Gates
