Instant Payments
Utrecht-based Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The delivery to the market of the first components is scheduled for the second quarter.
ams AFE
Austria-based ams has unveiled a new NFC (Near Field Communications) solution for manufacturers of smart watches, wristbands and other space-constrained devices, enabling them to reliably support contactless payments and ticketing.
NFC Forum NDEF
The NFC Forum has published one new and three candidate technical specifications. The specifications deliver new capabilities that support improved RF communication, new and legacy tag support, NFC-V technology and Active Communication Mode.
Allstar Card & OT
Allstar, UK’s leading fuel card provider, has picked Rrance-based Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, to support the migration of their fuel cards from magnetic stripe to EMV chip cards.
ACI Immediate Payments
Naples, FL-based ACI Worldwide announced its involvement in several key boards and councils around the globe all with a singular focus of driving industry standards for real-time and immediate payments.
African Payments
African mobile money service facilitates users to perform secured mobile payments and transfers over their mobile phones. Moreover, this service helps users to send and receive remittances, pay bills, make airtime transfers, receive and send money to near and remote locations, and enable movie or travel ticket purchases, among various others.
EMVCo Exec
EMVCo, the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions by managing and evolving the EMV Specifications and related testing processes, has today announced the appointment of Bastien Latgé to the newly created role of EMVCo Director of Technology.
Gemalto Q2/15
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.
DNA Shared Debit AID
The Debit Network Alliance (DNA) ” comprised of 10 leading U.S. debit networks ” announced it is ready to deploy the DNA Shared Debit AID.
IoT iRetail Market
The global Internet of Things (IoT) in Retail Market is expected to grow from US$14.3 billion to US$35.5 billion by 2020 at a compound annual growth rate (CAGR) of 20.0%. IoT in retail is majorly used to manage inventory, track theft and loss, mobile payments, shopper intelligence, and advertising and marketing inventory.
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).
Mobile Money Boom
Juniper Research has revealed how Service Providers are benefiting from the boom in mobile money transfer services – with $2bn in revenues forecast for this year and $4bn annually 2018.