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.
A new survey discovers the majority of IT departments (86%) plan to implement two-factor authentication for access to cloud applications. Currently, 38% of users utilize two-factor authentication, this is expected to rise to over half (51%) of users using it in two years. Over half (57%) already use two-factor authentication to secure external users’ access to resources, indicating the varied use of the technology.
Gemalto is taking its newly launched Dynamic Code Verification (DCV) solution designed to protect against CNP fraud to Money 20/20 next week.
Dai Nippon Printing (DNP), a NFC technology supplier and solution provider for financial institutions in Japan, has inked Gemalto to provide its mobile payment solutions to DNP.
Riyad Bank, one of Saudi Arabia’s top financial institutions, is migrating its entire portfolio to Gemalto’s Clarista Contactless EMV card, powered with the industry-standard MULTOS operating system. This is the country’s first contactless payment method.
Gemalto and Samsung team to accelerate the deployment of Samsung Pay through Gemalto’s Allynis Trusted Service Hub (TSH) . Gemalto and Samsung are actively working with payment issuers to roll out Samsung Pay to Europe.
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.
Gemalto has been selected by the Debit Network Alliance (DNA), a consortium of leading U.S. debit network providers, to deliver EMV consulting services. Gemalto’s EMV Allynis Consulting Services are designed to accelerate the deployment of EMV, significantly reducing time between DNA’s business plan and go-to-market. Gemalto’s consultants recommended and executed a strategy that details card, terminal and personalization requirements.
Gemalto has buddied up with China’s ZTE to showcase Gemalto’s LinqUs On-Demand Connectivity (ODC) subscription management solution on ZTE smartphones, at Mobile World Congress Shanghai.
The Direct Operator Billing solution from Gemalto sets new standards for convenience on Milan’s public transport network. Instead of fumbling for notes and coins, travelers in Italy’s second largest city can simply send a text to a standard short code number, with the Netsize system charging the fare directly to the customer’s regular mobile phone bill.
In today’s payment ecosystem, a complete security package is necessary. This is the payment security trifecta: EMV, tokenization and encryption and Gemalto has the upper hand.