The 20th annual SESAMES Awards, which rewards the best innovations in the fields of secure payment solutions, identification and mobility. During this year’s CARTES SECURE CONNEXIONS event, 11 winners have been awarded.
Datacap Systems has completed US EMV level 3 certification with Chase Paymentech and released an EMV-capable version of NETePay available for download immediately.
China’s UnionPay has become the only international bankcard association offering Chinese Visa application VIP express service. UnionPay cardholders can apply at the Chinese Visa Application Service Centers in five cities in Australia, namely Sidney, Melbourne, Canberra, Brisbane and Perth. This service will substantially shorten the processing time, and will soon be rolled out in some of the other countries where UnionPay cards have been issued.
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.
The number of Chinese outbound tourists in 2014 totaled 107 million, a year-on-year growth of 19.5%, making China the largest tourist exporting country in the world for three consecutive years. This bodes well for China UnionPay which is almost exclusively rules the payment card for these tourists.
Mirum and Digital River have buddied to recast the ways rich online content and e-commerce are united to build stronger brands and drive direct sales.
Square Instant Deposit is now available to all Square sellers in the United States. With a tap of a button in the Square app, the money from your sale goes straight to your account ” 24 hours a day, seven days a week.
China’s UnionPay International and Germany’s CAISSA Touristic have teamed to conduct all-round cooperation in overseas travel of Chinese tourists, including incentives to overseas card use and naming tourism groups of popular travel routes.
The third annual Key Business Drivers & Opportunities in Cross-Border E-Commerce survey is now open for input from merchants and payment professionals from around the world. Last year’s survey polled nearly 700 e-commerce and omnichannel merchants, payment service providers, acquirers and consultants, quantifying stakeholder attitudes about this increasingly important segment of payments.
The worldwide wearable device market recorded its eighth consecutive quarter of steady growth in the first quarter of 2015 (1Q15). According to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker, vendors shipped a total of 11.4 million wearables in 1Q15, a 200.0% increase from the 3.8 million wearables shipped in 1Q14.
Indonesia’s Finnet currently uses the WAY4 platform for transaction switching between more than 60 banks and 20 billing companies. WAY4 is expected to support 120 million transactions in 2015.
Driven by sagging revenues in China and Russia, German-based Wincor Nixdorf is undertaking a major restructuring after posting a 65% decline in net profits for the first quarter, compared to one-year ago. The Company will cut its workforce by 12% and may take it cashless business to an IPO.