Global Biometrics

The global biometric authentication and identification systems market is expected to grow at an estimated CAGR of 17% from 2015 to 2020 and generate over $25 billion by 2020. While the majority of the demand is sourced out of APAC and Middle East, countries such as the U.S. and the U.K. continue to be the leading revenue generating countries in the biometrics market.

EACHA & SEPA

Six members of the European Automated Clearing House Association (EACHA) have joined forces to deliver centralized and optimized processing services for SEPA transactions. For this purpose they have set up a new company called European Clearing Cooperative (ECC).

GEMALTO PKI

Nedbank is deploying the Gemalto Ezio eBanking for wholesale customers. In addition to online transaction security, Gemalto also provides Nedbank with consulting services, device fulfilment to the end users, and operates remote management of the tokens on behalf of Nedbank Ltd. The Ezio Corporate eBanking PKI solution requires no software installation, eliminating costly technical support while guaranteeing high user satisfaction. Ezio also ensures session integrity even if the connection platform is vulnerable. The upgradable, multi-application platform can be remotely managed, enabling the bank to update certificates and deploy new services without the need for new hardware.

GEMALTO PKI

Nedbank is deploying the Gemalto Ezio eBanking for wholesale customers. In addition to online transaction security, Gemalto also provides Nedbank with consulting services, device fulfilment to the end users, and operates remote management of the tokens on behalf of Nedbank Ltd. The Ezio Corporate eBanking PKI solution requires no software installation, eliminating costly technical support while guaranteeing high user satisfaction. Ezio also ensures session integrity even if the connection platform is vulnerable. The upgradable, multi-application platform can be remotely managed, enabling the bank to update certificates and deploy new services without the need for new hardware.

Nabil Bank Deploys Fime Solutions for EMV Compliance

Fime completed a period of consultancy and testing to validate Nabil Bank’s point of sale (POS) terminals and host acquirer platform infrastructure to UnionPay, MasterCard and Visa specifications. The host acquirer platform certifications, also completed by FIME, confirm that the bank’s infrastructure adheres to the functional standards set out by the three payment systems. These standards aim to ensure that POS terminals connected to the bank’s network are using the same ‘language’ to relay information. FIME is an EMV implementation partner, offering practical support and solutions to ensure banks can implement EMV effectively and successfully. Using the FIME SAVVI test analysis tool, with FIME test cards qualified by the payment systems, acquirers have the ability to debug and test the compliance of a payment acceptance terminal in preparation for formal approval and, ultimately, market implementation.More than 80 countries worldwide have adopted, or are adopting, EMV in order to increase transaction security, reduce fraud and enable cardholders to execute payments worldwide.

mRemote Deposit and Bill Pay Now on OBS Online Banking

Online Banking Solutions (OBS) announced it has partnered with ProfitStars software, solutions, and technology innovation for financial institutions, to provide complementary online banking services to financial institutions using the Messenger Financial Center online business banking platform. OBS Messenger Financial Center is a comprehensive business e-banking platform supporting real-time account and transaction reporting, e-statement delivery, stop payments, positive pay, account transfers and payment initiation of ACH transactions and wire transfers. In addition to the new remote deposit and bill pay services, the new partnership will enable integration of the ProfitStars offerings with the OBS Messenger Mobile Banking Tablet and Smart Phone applications to deliver mobile remote deposit and mobile bill payment services.