Last year 1,792 data breaches led to almost 1.4 billion data records being compromised worldwide, an increase of 86% compared to 2015. Gemalto’s Breach Level Index found identity theft was the leading type of data breach in 2016, accounting for 59% of all data breaches. In addition, 52% of the data breaches in 2016 did…
Wirecard is now issuing the pay2d Visa card, the first virtual prepaid card for online payments in the Netherlands, in cooperation with 3V Benelux. With this new prepaid card solution, users in the Netherlands can pay online everywhere where Visa is accepted. The benefits of the purely online prepaid card are: consumers can top-up their…
Gemalto has provided a secure element based applet for smart wearables launched by China UnionPay (CUP). Smart wearable devices are gaining popularity globally, with total shipments expected to surpass 200 million in 2019. CUP had launched smart wearables with embedded secure elements based payment applications last year. The payment applet runs on the secure element,…
Utrecht-based Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The delivery to the market of the first components is scheduled for the second quarter.
Gemalto’s SafeNet Luna EFT (Electronic Funds Transfer) Payment HSM (Hardware Security Module) now supports new standards from the major credit card networks for secure implementations of contactless payments via mobile phones.
Netherland-based DIDIX, a prepaid card specialist, has been
acquired by the Blackhawk Network. DIDIX products are sold to millions of consumers each year directly through retail, online and business-to-business (B2B) channels.
Amsterdam-based Design SHIFT has collaborated with Geneva-based STMicroelectronics to integrate ST’s ST54D NFC controller in its groundbreaking privacy appliance, ORWL.
Worldline and Equens are getting married. Equens is a prominent European payment services provider, headquartered in Utrecht, Netherlands, with €305 million 2015 revenue. Equens Worldline Company will become the largest pan-European financial processor, targeting 2016 revenue of € 700 million and OMDA of € 120 million, managing approximatively 100 million payment cards and employing 3,000 experts in payment.
TSYS has extended its payments agreement with ING Bank for their commercial card portfolio. TSYS has been supporting ING Bank N.V. since 2009 with the TS2® processing platform, as well as providing additional services.
Gemalto reported second quarter total revenue soared 35.3% to €813 million, compared to €813 million in the prior quarter and €601 million in the year ago quarter. For the first six months of the year, revenue growth in Payment jumped 22%, Machine-to-Machine increased 23%, and Government Programs rose 17%, at constant exchange rates, largely exceeds lower SIM products and related services revenue.
Gemalto has selected NTT DOCOMO for its NFC Services, the No.1 mobile operator in Japan with over 63 million subscribers, for its mobile NFC services. Gemalto will provide NTT DOCOMO with an end-to-end solution featuring its Allynis Trusted Service Management (TSM) service, as well as the UpTeq NFC UICC embedding both the SIM and contactless applications.
Netherlands-based European payments provider CCV is now using Authentic, an intelligent payments platform from NCR’s Alaric. CCV plans to implement Authentic across Europe to support a new state-of-the-art payments processing solution it has developed for its customers, due to go live in December 2015.