Global Biometric & ID
CardWeb.com’s CardData Reports today features the “Global Biometric Authentication & Identification Market: Focus On Modality, Motility & Application – Estimation & Forecast, 2015-2020” report from BIS Research.
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).
eBanking 2015
More U.S. adults than in previous years are using online banking, but fewer are using their computers to do so. About 86% of U.S. adults manage their accounts electronically and 79% make banking transactions electronically, up slightly from 2013 figures.
Sharkey Pay
Watchdata Technologies launched its first smart wearable device Sharkey. Sharkey is a smart wearable device supporting NFC payment which, after being connected with android or iOS phone’s mobile terminal via Bluetooth, can be used for contactless payment.
PostFinance PFM
PostFinance launched their new digital banking portal, which integrates Personal Financial Management (PFM) solution powered by Strands, global provider of personalization and recommendation solutions.
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.
Oberthur & NagraID
Oberthur adds display cards to its product arsenal. The acquisition of NagraID Security is an important step for OT in its plan to maintain leadership on its markets.
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.
OBS Partners with ProfitStars
Online Banking Solutions (OBS) announced it has partnered with ProfitStars®, a leader in 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.
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.