ElectraCard Services (ECS) software and processing solutions for electronic payment systems, powers e-Revenue Gateway (e-RG), a payment processing and electronic transaction switching company, to launch contactless electronic payments in Nigeria. ECS’ PA-DSS compliant platform will help e-RG to launch programs with multiple financial institutions and channels like ATM/ POS/ Internet/ Mobile on the same platform. Contactless, otherwise commonly known as “tap & go” payment cards, are more convenient to use and perfectly aligns to “Cashless Nigeria” initiative of Central bank of Nigeria (CBN). The eRG payment cards offer consumers a choice of debit or prepaid Smart Cards with the first NFC capabilities in the country.
Evans Resource Group software solution and consulting company that specializes in testing and assessment of “message oriented middleware” (MOM) applications has joined the PCI Security Standards Council as a new participating organization. As a Participating Organization, Evans Resource Group will work with the Council to evolve the PCI Data Security Standard (DSS) and other payment card data protection standards. As a Participating Organization, Evans Resource Group will now have access to the latest payment card security standards from the Council, be able to provide feedback on the standards and become part of a growing community that now includes more than 600 organizations.
Digital gift and incentive provider CashStar has
added three new management executives to its growing team. Andrew Dodge
joins as Vice President of Corporate Sales, Kathleen Goodwin comes on
board as Vice President of Marketing and Simon Herron has been named
Director of Business Development. Dodge will focus on growing
market share of CashStarâs innovative corporate and bulk products among
leading retailers, incentive firms and third-party distributors. He
most recently led L.L.Beanâs sales organization in the business division
for seven years by developing national account programs for marquis
brands in corporate America. Goodwin will lead
all aspects of CashStarâs corporate and consumer-driven marketing
programs. She will be integral to developing a strong online marketing
and social media presence for the company and to working with retailer
marketing teams to create marketing and promotional programs that help
drive their eGift card sales. Herron will focus on leveraging his
financial services expertise to help CashStar maximize value with
customers and shareholders.
The CARTES & IDentification Conference to the Sesames Awards and the
high numbers at the stands, visitor numbers hit 19,883, up from 19,752
in 2008, 68% of whom were from abroad (63% in 2008). Next year’s show has been slated for December 7th to 9th. Representing 146 countries (132 in 2008), the trade show confirmed its international
influence with 427 exhibitors, 78% of whom were from outside France.
Furthermore, the 18 conferences on offer over the three days welcomed
1,228 delegates, 85% of whom were from outside France. IDentification,
dedicated to identification and authentication technologies, hosted 72
companies which demonstrated the dynamism of the identity protection
sector. The winners of the 2009 SESAMES were announced to around 500
guests and include the HARDWARE SESAME AWARD to Gemalto/Leti/Raisonance;
the SOFTWARE SESAME AWARD to Sagem Orga; the IDENTIFICATION APPLICATION
SESAME AWARD to JDSU; the IT SECURITY APPLICATION SESAME AWARD to
Neowave; the HEALTH APPLICATION SESAME AWARD to Gematik; the TRANSPORT
APPLICATION SESAME AWARD: ERG Transit Systems; the MOBILE APPLICATION
SESAME AWARD to Gemalto; the BANKING/FINANCE/COMMERCE APPLICATION SESAME
AWARD to Hypercom; the E-TRANSACTIONS APPLICATION SESAME AWARD to
Monext; and the LOYALTY APPLICATION SESAME AWARD to Oberthur Technologies.
The Smart Card Alliance reports a growing use of contactless electronic
systems and building interest in mobile NFC fare payments. This news
and more came out of the 2009 Payments Councils Summit in Salt Lake City,
Utah, attended by over 120 Smart Card Alliance members.
The Summit coincided with the Utah Transit Authority’s (UTA) launch of
their system-wide implementation of contactless electronic fare
collection system, where they will accept contactless third party paid
passes and contactless credit and debit cards from American Express,
Discover Financial Services, MasterCard and Visa. MTA New York City
Transit (NYCT) is collaborating with the New York Port Authority, New
Jersey Transit, and the Port Authority Trans-Hudson (PATH) on the second
phase of their open payment system pilot where all types of contactless
payment cards will be accepted, NYCT’s Steve Frazzini told attendees.
Jerry Kane of the Southeastern Pennsylvania Transportation Authority
(SEPTA) in Philadelphia and Jenny Sirnio of SunTran in Tucson spoke of
their plans for contactless fare collection systems.
On Track Innovations reports that revenues for the third quarter increased by 10% to $10.9 million. Net loss on a GAAP basis for 3Q/08 decreased by 39% to $4.8 million. At the end of the third quarter the Company had $106 million in total assets and $32 million in cash. During the quarter, OTI and Renesas Technology partnered to develop a secure contactless microcontroller payment certified by “MasterCard PayPass” and Visa; agreed to supply its contactless readers to the ERG Group for Utah Transit Authority’s contactless credit card bus payment solution; and its “Saturn 6000” countertop reader and “Saturn 6500” outdoor reader has been approved by Visa and MasterCard. For complete details on OTI’s latest performance visit CardData (www.carddata.com).
New Jersey and Israel-based On Track Innovations reports that revenues
for the third quarter increased by 10% to $10.9 million. Net loss on a
GAAP basis for 3Q/08 decreased by 39% to $4.8 million. At the end of the
third quarter the Company had $106 million in total assets and $32
million in cash. During the quarter, OTI and Renesas Technology
partnered to develop a secure contactless microcontroller payment
certified by “MasterCard PayPass” and Visa; agreed to supply its
contactless readers to the ERG Group for Utah Transit Authority’s
contactless credit card bus payment solution; and its “Saturn 6000”
countertop reader and “Saturn 6500” outdoor reader has been approved by
Visa and MasterCard. For complete details on OTI’s latest performance
visit CardData (www.carddata.com). (CF Library 8/5/08; 10/4/08; 10/29/08).
Smart card provider On Track Innovations
will supply its contactless readers to the ERG Group for Utah Transit
Authority’s contactless credit card bus payment solution. The contract
for the full rollout of the system in the Salt Lake City
metropolitan area follows the recently reported successful pilot project
completed by ERG and UTA. Buses serving Salt Lake City area
ski resorts were equipped with the new system which allowed customers to
use contactless credit cards and other smart cards for both transit
payment and ski resort access. UTA will allow a variety of cards to be
used for fare payment including UTA-issued, employer-provided transit
smart cards, local university passes,
ski resort passes and contactless credit cards. At full system roll-out,
the system will feature a unique to ERG onboard, rapid authorization of
contactless credit cards to minimize any risk of credit card fraud.
The Smart Card Alliance Transportation Council has released a white paper entitled: “Transit and Contactless Financial Payments: New Opportunities for Collaboration and Convergence.” The report says the pilots in New York and Utah are pushing the envelope for fare payment in public transport. The white paper looks at new financial industry directions and transit industry requirements to assess how the two industries might collaborate to combine the best of both worlds. The report also examines possible alternative implementation models that could leverage the capabilities of multi-application smart cards and contactless payment enabled mobile phones. Meanwhile, the SCA announced its seven-member 2006-2007 executive committee will include: Greg Garback, executive officer of finance and program development for the Washington Metropolitan Area Transit Authority ; Wendy Humphrey, VP/Transaction Devices, First Data; Francine Dubois, director of marketing, financial products & services, Oberthur Card Systems; Carey Miller, senior manager, BearingPoint’s Security and Identity Management Practice; Bryan Ichikawa, identification solutions architect, Unisys; Robert Wilberger, senior manager, PriceWaterhouseCoopers and Gerald Hubbard, government business development manager, Datacard Group.
Dallas-based Affiliated Computer Services has hired Michael Nash, formerly with ERG and Proton World Americas, as VP/Transit Technology Solutions to build the Ascom Transport Revenue business it acquired in December. Nash brings more than 20 years experience successfully managing large projects and transit operations in the global transportation industry with consumer, commercial, and government clients. ACS is a world leader in providing end-to-end fare collection solutions.
The Utah Transit Authority is gearing up to allow passengers during the next ski season to use their contactless credit and debit cards to pay for transit fares on 41 Salt Lake City Ski Service buses. The contract, awarded to ERG Group, will also employ micropayment technology from Peppercoin. The “Peppercoin Small Payments Suite Version 3.0” enables transit operators to accept credit and debit cards. The Peppercoin platform uses predictive modeling to automatically assess consumers’ buying behavior and make decisions about the best way to process their credit and debit card payments.
The Smart Card Alliance Transportation Council announced upcoming project plans and new officers, including its new Chair Paul Korczak from MTA New York City Transit. First year Council participation exceeded expectations, including ten top tier U.S. transit agencies. In addition to transit agencies, the Council’s 43 members represent a cross-section of the industry, including chip and card suppliers, transportation system suppliers, systems integrators and financial services providers. The Council’s first major accomplishment was publishing the white paper, Smart Cards and Parking, available at www.smartcardalliance.org. Council priorities for 2006 include exploring linkages between transit payment and new contactless financial payment approaches, collaborating with the APTA Universal Transit Farecard Standards Taskforce to examine the need for a security specification for the UTFS standard for transportation electronic payment systems, expanding on parking activities of the past year to engage with organizations deploying parking payment solutions and to discuss linkages between existing transit payment approaches and parking payment systems developing a white paper describing multi-use vs. multi-application cards for transit payment.