exceet Card AG is further strengthening its portfolio with SECORA™ Pay security solutions from Infineon Technologies AG. Card manufacturers can easily integrate them thanks to the combination of dual interface chip technology with the award-winning Coil-on-Module (CoM) packages. These also make the card more robust and reliable.
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.
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.
In establishing exceet Card Italia s.r.l., which will operate from a facility in Benevento near Naples and a sales office in Milan, exceet Card Group is laying the groundwork for expanding its business on the Italian market.