NFC microSD mPayments Implement ams

ams AG analog ICs and sensors announced that US-based DeviceFidelity, Inc. is using unique ams RF technology in its latest CredenSE 2.10 NFC microSD card to enable secure, certified NFC transmissions between any mobile phone and contactless payment terminals from Visa and MasterCard. DeviceFidelity CredenSE 2.10 is the world’s first NFC microSD card to successfully achieve global payment certifications from both Visa and MasterCard without requiring external booster antenna or device specific attachments. Using the AS3922 from ams, an integrated NFC front end with Active Boost technology, CredenSE achieves a typical read range of 4cm in a mobile phone’s microSD slot. The mobile phone is a notoriously difficult environment for RF and variations between phone models make it difficult to consistently achieve good performance. The stringent requirements for read range compatibility with payment terminals for payment applications cannot be met in small form factors such as SIM or microSD cards with a traditional passive NFC card emulation front end and simple planar antenna. The DeviceFidelity CredenSE 2.10 is the first commercially produced NFC microSD card that meets EMV standards using only an ultra-small antenna embedded in the card, making distribution and compatibility with hundreds of phone models possible with one easy-to-deploy microSD card. It can be used to transform any mobile device with a microSD card slot into a contactless payment device without any need for device specific external antenna or attachments. Active Boost allows for robust tag-to-reader communication at a coupling factor 100 times higher than is possible with conventional passive tag designs. The AS3922 also offers unique Antenna Auto Tuning and Q factor adjustment, which are critical to microSD, SIM and µSIM applications. The IC includes an ACLB interface for communication with the contactless interface of any Dual Interface Secure Element, and DCLB and NFC-WI interfaces for digital communication.

Triton Integrates Fujitsu G60 Bill Recycling in its ATM

Fujitsu front-end solutions and Triton Systems ATMs and ATM management software announced they will offer the Fujitsu G60 bill recycling unit in the ARGO 7 ATM. The integrated solution will be on display in the Triton booth number 508 at the ATMIA 2014 US Conference in Orlando, FL. The ATMIA USA annual conference and expo is the largest ATM-focused event in the world and this year’s event marks its 15th anniversary. Triton’s ARGO 7 ATM features a color touchscreen, supports the eco-friendly option of sending SMS text, email or printed receipts, reducing each machine’s carbon footprint and resulting in cost savings over the life of the ATM. Also it can be configured with a business hours or level one safe and is EMV ready. The Fujitsu G60, with up to 1,900 notes capacity, features 4 recycling cassettes, 1 deposit cassette and 1 optional F53 loading cassette. The loading cassette increases up time and productivity by increasing capacities, start of day replenishment or providing an additional denomination when necessary.

Competition drives growth in European cards market

Competition among banks to gain new customers, and campaigns to replace low-value cash transactions with card payments, have driven significant levels of card issuance and rising card usage in Europe, according to RBR’s new report “Payment Cards Issuing and Acquiring Europe 2014”. A 20% rise in the number of cards in circulation between 2008 and 2012 (to reach 1.4 billion) was by far surpassed by a 40% increase in payments over the same period, as consumers used their cards more frequently for everyday purchases.

Pay.On Partners Arvato on Payment Method Management

Pay.On web-based payment infrastructure systems and arvato infoscore have jointly developed active payment method management with dedicated risk protection during the checkout process. This allows retailers to automatically incorporate payment methods that comply with country-specific requirements into their payment pages. The checkout solution also includes direct access to more than 130 international payment methods. It also ensures that only risk-adequate payment methods are dynamically shown to different predefined customer risk groups. An intelligent and adaptive customer rating continuously reduces the risk of payment defaults to a minimum for PSPs and their merchants. The joint venture solution comprises the core areas of expertise of both PAY.ON and arvato infoscore. PAY.ON provides the active payment method solution, including direct access to its global payment network. Incoming cash flows are then rated in terms of risk by arvato infoscore on the basis of the risk management fulfilment solution ‘risk solution services’.

CardLinx Task Force Releases Draft Standard for Fraud Prevention

CardLinx, which facilitates the interoperability and growth of card-linked offers and Deem cloud commerce announced a new draft protocol. The CardLinx Chameleon Standard, for pro-actively combating fraud resulting from returns of CLO purchases is designed to strengthen the card-linked industry by protecting merchants from offer misuse. The new standard addresses when a rebate reversal should occur and capabilities for automatic reversals. It also establishes data reporting requirements that will enable detection of fraud patterns and fraudsters in real time. The CardLinx™ Chameleon Standard will play a critical role in card-linked commerce at a time when transaction security has become increasingly important.

Agent Member Card Programs – 2013 Performance Results

One of the best ways for card issuing credit unions and other financial institutions to augment their organic/branch card sales growth is to offer agent member card programs to other, usually smaller, financial institutions. The sponsoring organization provides the card expertise and management and all card member services (“3 C’s”) while the agent institution generates new applicant/card accounts. Agents are often selected and offered varying rewards based upon size, number of member households served, number of branches, geographic territory served, and card sales technology they have available at their branches, and thus resources for new card growth potential. The greater potential for growth, the greater fee income that is usually offered.


Since 2008, the top five general purpose credit card issuers in the U.S. have logged more than $1 trillion in aggregate annual credit card payments volume. While actual credit card debt or revolving balances took a beating after the Lehman-inspired credit meltdown of late 2008, credit card usage has consistently been growing. Since 2009, credit card charge volume has skyrocketed by 32.5%. During 2013, credit card volume jumped 8.3% compared to 2012. RAM Research predicts credit card volume will likely gain at least 9% this year over 2013.

ChannelAdvisor Posts 4Q/13 Revenue Up Massive 30% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ChannelAdvisor Corporation cloud-based e-commerce solutions posted 4Q/13 financial results, featuring a record total revenue of $20.5 million for a 30% year-over-year increase in core revenue. Full-year 2013 total revenue was $68.0 million with a 29% year-over-year increase in core revenue. This illustrates that retailers are partnering with ChannelAdvisor as their strategic…


American Express reported fourth-quarter net income rose 8% to $103 million for its International Card Services unit while the Global Network and Merchant Services division posted a 13% rise in net income to $399 million. AmEx’s Global Commercial Services net Q4 income more than doubled to $182 million. AmEx says the increase in International Card Services total Q4 revenue of $1.4 billion was driven by higher cardholder spending and higher net card fees. Total Q4 revenue, net of interest expense, for Global Network and Merchant Services, also rose to $1.4 billion, reflecting higher merchant-related revenues driven by an increase in global cardholder spending. Global Commercial Services total revenues increased 2% to $1.2 billion, primarily due to higher cardholder spending.


International bank credit cards issued by U.S.-based issuers was in a funk in 2013. International bank credit card outstandings (EOP) are down 3.8% YOY and purchase sales volume has been flat, based on Q4 reports from Citibank and Capital One, both active international Visa and MasterCard issuers. At year-end 2013, Citibank had $33.6 billion in international credit card outstandings, down 3.2% from year-end 2012, after adjusting for the sale of Brazil Creditcard in 2013. Capital One with $8.05 billion in international credit card outstandings edged down 6.5%.