Virtual Biometric IDs - The Next Wave

Virtual Biometric IDs – The Next Wave

A new study has found biometric “physical” identity credentials will begin to be replaced by next generation “virtual” credentials securely stored in mobile devices and accessed via biometric authentication. And, by 2030, today’s standard identity credentials will be obsolete. Acuity Market Intelligence estimates that by 2022, annual production of smart, biometric “physical” identity credentials – including ePassports,…

Visa Quick Chip Now Running in California

Visa Quick Chip Now Running in California

Visa’s new Quick Chip technology is now running at a chain of seven natural grocery stores in Northern California. The technology enhancement optimizes EMV1 chip card processing to not only speed up checkout times, but also significantly streamline chip implementation. Index, a retail software company that combines secure payments, measurement, and personalization, has deployed the…

Briefs: BEVRAGE; VIRTUAL PIGGY; VANTIV; and EXPENSEANYWHERE

In Other News: BEVRAGE (rebates); VIRTUAL PIGGY (P2P); VANTIV (PaymentsEdge); EXPENSEANYWHERE (app). BEVRAGE – bevRAGE announced the formal unveiling of its mobile application that delivers instant cash back rebates to consumers purchasing beer, wine and liquor. The new app, which is live today in Apple’s App Store and Google Play, is designed to provide savings…

Visa & MC to Use clearXchange for US Debit

Visa & MC to Use clearXchange for US Debit

Early Warning has signed an agreement with Visa to enable person-to-person (P2P) payments on its clearXchange network using U.S.-issued debit cards through the Visa Direct platform. Also it will leverage Mastercard Send to enable U.S. debit card holders to send and receive money through the clearXchange network. Early Warning’s clearXchange network currently enables customers of…