Card Compliant and IDology Jointly Offer Compliance

Card Compliant, a compliance specialty company, and IDology, a leading identity verification provider, announced a partnership to better serve the prepaid access and prepaid card industry. Card Compliant is leveraging IDology’s identity proofing solutions to meet CIP/KYC regulations and comply with FinCEN’s Regulatory Requirements on prepaid access cards. The partnership between the two companies allows…

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Oberthur Demonstrates Long-Range Transaction SIM

Oberthur Technologies security and identification solutions and services based on smart card technologies, and Ingecom, a market leader in Radio-Frequency products, have collaborated to introduce the “AirSIM” high frequency chip and antenna in a SIM card. This identifies mobile users and communicates with a receiver remotely located. The NFC technology allows proximity transactions as “AirSIM” allows wide field communications at a distance ranging from few centimetres up to 15 meters.

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Oberthur Technologies to Integrate Interop Technologies

Oberthur Technologies announced a key partnership agreement with Interop Technologies mobile device management, connectivity gateway, and messaging solutions for CDMA operators. Oberthur Technologies will integrate Interop’s CDMA OTA provisioning platform into its broader OTA management solution in order to serve CDMA wireless network operators worldwide. Oberthur Technologies currently supports GSM operators with its Application Loader and Management (ALM) solution, a field-hardened SIM OTA management platform deployed in 2G and 3G networks. By adding Interop’s CDMA solution to its product suite, Oberthur Technologies enables CDMA operators to manage the full range of available handsets.

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Sepa Council Implements Regulation on Transfers/Direct Debit

The Council adopted a regulation setting technical and business requirements for credit transfers and direct debit transactions in euros. The regulation constitutes a key element of SEPA – the single euro payments area – an EU-wide integrated market for credit transfers and direct debits with no distinction between national and cross-border payments. Adoption of the…

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Visa and Intel Ink Alliance at m-World Congress

Visa and Intel Corporation forged a strategic agreement to develop mobile commerce solutions, having outlined plans to collaborate to ensure consumers enjoy a consistent, streamlined, secure mobile commerce experience across Intel “Atom”-based smartphones and tablets. With this, Visa has certified Intel’s Smartphone Reference Device powered by the Intel “Atom” processor Z2460 for use with Visa payWave, Visa’s mobile payment technology that enables consumers to make fast and secure payments at retail locations by simply waving their mobile phone in front of a payment terminal. The Intel Smartphone Reference Device will host the Visa payWave payment application and features NFC technology. Now smartphones based on the Intel Smartphone Reference Device handset can be enabled to connect to Visa Inc.’s mobile provisioning service providing financial institutions and mobile operators the means to securely download Visa payment account information and the Visa payWave application OTA to a secure chip on an NFC-equipped smartphone.

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Chase Implements Gemalto mPayment Solution

Gemalto digital security is to provide its Trusted Service Management (TSM) solution on the Chase mpayments platform. Gemalto’s TSM will provision and manage the credit and debit card data of Chase customers, validating authenticity and supporting information delivery over the air. The Isis™ mobile wallet, developed through a joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, will be the first to benefit from this partnership. For this, Gemalto will perform issuance, personalization and lifecycle management while Chase will be able to load a digital version of a customer’s payment card into the customer’s mobile wallet in real-time, allowing the end user to conduct NFC payments.

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Oberthur to Acquire MoreMagic mMoney Solutions

Oberthur Technologies entered into exclusive negotiations to acquire MoreMagic Solutions mobile financial services solutions provider. Oberthur Technologies has actively engaged in both NFC and Mobile Money solutions, and recently won a key reference in Czech Republic in technological partnership with MoreMagic. The technological capabilities of Oberthur Technologies and MoreMagic will create a comprehensive mobile money services suite including secured end-to-end payment and money transfer services helping mobile operators and financial institutions to offer innovative financial services in mobility such as proximity, remote payment and mobile banking.

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