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.
M2MD Technologies and Giesecke & Devrient announce the availability of a secure Communications Gateway. In addition to comprehensive security, the Communications Gateway allows automakers to quickly connect to the vehicle, execute commands more rapidly, and effectively manage costs.
With more connected vehicles on the road, the need for strong security and efficient communications is paramount to the safety of the driver and the vehicle. M2MD and G&D formed a strategic partnership, combining their expertise to improve both security and connectivity speed. The secure Communications Gateway merges M2MD’s proprietary security solutions with G&D’s expertise in encryption, key management, and highly secure hosting capabilities.
Networks and Giesecke & Devrient (G&D) will team up at the Competitive Carriers Association’s 2016 Annual Convention to announce a partnership to offer advanced eSIM enablement and management services in the global market for device connectivity.
Gemalto has announced that it is the first data security provider to join the Cloud Foundry Foundation, home of the industry-standard multi-cloud platform. As a Cloud Foundry Foundation silver member, Gemalto will help Cloud Foundry developers and customers integrate the highest levels of security into applications built in the cloud. Gemalto will actively contribute to the development of Cloud Foundry, joining numerous other industry leaders, including EMC, HP, IBM, Pivotal, Rackspace, SAP and VMware.