Intelling is publishing a new Smart Insights Report "Invisible payments key to omni-channel commerce" that conducts a detailed analysis of this emerging market segment – invisible payments. Invisible payments mean reducing the payments experience for consumers to the minimum amount of effort, while maintaining the highest levels of security, authentication and trust. Many activities will be moved to the back-end at the same time processes become even more automated, leading the consumer to complete a payment without even noticing it.
OSPT Alliance today announced the release of newly updated CIPURSE™ Certification Test Plan V1.07. This latest version of the test plan simplifies certification of secure elements since it can now be performed with a single wire protocol (SWP*) reader. This means that secure element, or eSE, can be certified without using a mobile phone while ensuring conformance with any model supporting SWP. The test plan also conforms to the latest CIPURSE Operation and Interface Errata, further enhancing the interoperability of CIPURSE products.
Intelling is pleased to announce it publishes in partnership with TRUSTECH (incorporating CARTES), the global and largest event dedicated to trust-based technologies. The White Paper covers the needs of digital ID and physical ID and the variety of solutions developed by the industry.
Technical body EMVCo has released official figures which demonstrate that one in three of all card-present transactions undertaken globally between July 2014 and June 2015 used EMV® chip technology.
Europe Zone 1 is close to full market EMV chip deployment with 97% of all card-based payments using EMV technology. This is followed by Latin America at 87%, and Africa and the Middle East at 84% of payment transactions EMV chip-enabled.
Eurosmart, the Voice of the Smart Security Industry, presented its annual forecast of the worldwide secure element shipments. Timothée Mangenot, President of Eurosmart: “The smart security industry continues to grow, passing the threshold of 9 billion secure elements shipped worldwide in 2015. This is mainly due to EMV migration, the rise of mobility trends and the increasing number of eGovernment services.”
Smart Insights just published its latest Report, titled “eSIM to reshape mobile communication,” which provides a detailed analysis of the specificities and the dynamics of the innovative eSIM business on consumers devices. eSIM (or eUICC), an alternative form factor to a detachable SIM card is a soldered SIM card, an embedded SIM in the consumer’s device. The smart card is physically integrated into the device — i.e. it cannot be removed from the device and replaced with another SIM.
The latest Smart Insights Report: “eSIM to reshape mobile communication” covers the inception of embedded SIM (or eSIM or eUICC) technology and how it will transform the mobile communication industry. The technology consists simply in embedding the SIM in a handset rather than keeping it removable as it is now. The traditional SIM card industry is bound to see its volumes shrink due to this innovative technology.
Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV® chip technology. By the end of last year, the number of EMV payment cards in circulation rose by 1 billion, up 43%, to 3.4 billion, from 2.37 billion in Q4 2013.
According to the latest statistics from EMVCo’s members – American Express, Discover, JCB, MasterCard, UnionPay and Visa – as reported by their members globally, EMV chip card adoption rates had increased in every region worldwide by the end of 2014:
- Europe Zone 1, EMV chip card adoption rate: 83.5% (up from 81.6% in 2013)
- Canada, Latin America and the Caribbean, EMV chip card adoption rate: 59.5% (up from 54.2% in 2013)
- Africa and the Middle East EMV chip card adoption rate: 50.5% (up from 38.9% in 2013)
- Europe Zone 2 EMV chip card adoption rate: 40.4% (up from 24.4% in 2013)
- Asia Pacific EMV chip card adoption rate: 25.4% (up from 17.4% in 2013)
- United States EMV chip card adoption rate: 7.3%