The Smart Payment Association (SPA) announced at 4th April that they have signed a Memorandum of Understanding for cooperation with NXP® Semiconductors. NXP Semiconductors becomes a Market Monitoring Advisory Council Member of SPA, the trade body of the smart payment technology providers.
Dai Nippon Printing chooses Gemalto's biometric facial recognition solution to facilitate mobile banking access in Japan
Gemalto announced that it has been selected by Dai Nippon Printing (DNP), a financial solutions provider in Japan, to make mobile banking transactions easier to use. Leveraging Gemalto's facial biometric authentication solution - Mobile Protector- DNP has started to offer facial recognition to secure access to its mobile banking apps. This enables banking customers to easily and quickly log on to mobile banking services upon successful facial authentication, providing a more convenient user experience.
Gemalto is supplying Telefónica Deutschland with an identity verification service. It will complement the existing verification solutions and enable prepaid customers to easily confirm their identity through all sales channels, including in-store, online and via their mobile. Gemalto's service confirms the authenticity of a vast range of identity documents in real-time, these include passports, ID cards and residence permits among others. It ensures that Telefónica Deutschland continues to meet national fraud regulations while deploying an innovative process for customer enrolment.
Gemalto has joined forces with Entrust Datacard to provide a unique, SaaS-based instant issuance solution for U.S. financial institutions. In 2006, instant issuance began to penetrate the payment card industry, and banks were presented with the opportunity to set themselves ahead of their competition by providing consumers with a higher level of service and differentiated products. With additional benefits to the solution, it has now become critical for financial institutions to integrate instant issuance into their portfolio. Aite Group's Tiffani Montez agrees: "The ability to instantly issue a card in a branch was a luxury in the past, but as more and more issuers implement this capability, it is slowly moving from a nice-to-have to a must-have." Aite's research also shows that from 2017 to 2021, the number of North American financial institutions who have implemented instant issuance will jump from 3,312 to 5,483, representing 55% market adoption.
Savvi, used to test the connection between payment terminals and network systems, already supported EMV® L3 testing in-line with the guidelines of individual payment systems. This latest qualification accommodates the most recent efforts of EMVCo to align, streamline and standardize this testing process across multiple payment brands.
Prof. Dr. Gesche Joost (42) ist mit Wirkung zum 1. Dezember 2017 zum Aufsichtsratsmitglied der ING-DiBa AG gewählt worden. Gesche Joost ist Professorin für Designforschung an der Universität der Künste Berlin und leitet das Design Research Lab. Sie forscht zu Themen der digitalen Gesellschaft, u.a. zu Wearable Computing und sozial-digitaler Partizipation.
American Express announced the introduction of blockchain-enabled, business-to-business cross-border payments. The American Express FX International Payments (FXIP) business is working with Ripple, provider of enterprise global blockchain solutions, to make blockchain payments commercially available, reducing the time and cost of settlement, while maintaining the level of security that American Express customers know and expect. Santander UK is the selected partner to initiate this exciting new transaction channel, which has the potential to expand substantially over time.
The Board of SIMalliance has elected Remy Cricco (OT-Morpho) to serve as the organisation’s Chairman. In his role, he will work alongside fellow Board members representing Gemalto, G+D Mobile Security, ST Incard and VALID, to further SIMalliance’s aim: to advocate the protection of sensitive connected and mobile services to drive the deployment and remote management of such services across multiple industries and use cases, including the Internet of Things (IoT).