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.
A new payments wearable is in the works. Ontario-based Everlink Payment Services announced it has completed a proof of concept market trial for DebitWear.
CPI Card Group announced a new product line that supports MasterCard best practices for EMV debit card issuers in the U.S. CPI is targeting U.S. MasterCard debit cards.
Santander credit/debit cards will migrate to MULTOS chip card technology for their card products. MULTOS is a smart card operating system based on an open standard governed by the MULTOS Consortium, an open industry forum comprised of more than 20 leaders of the smart card ecosystem. MULTOS is an open, high security, multi-application platform, defining a complete issuing environment. The technology brings operational benefits to card issuers and bureaus, such as more efficient personalization and reduced scripting and key management, compared to competing technologies.
Multos International announces that Total System Services de México (TSYS), one of the largest financial services provider for credit/debit card issuers, will use its MULTOS chip card technology solutions in their latest EMV services offering to support banks and financial institutions. The new product launch includes support for a full range of technology options from SDA to DDA/CDA and dual interface, utilising MULTOS technology with payment applications from Multos International, approved by the major payment brands. TSYS solutions simplify the entire process for their issuer customers providing them guidance along the full cycle from product planning to final production.
ALELO has issued the latest EMV™ technology to support meal voucher programs in Brazil. The advanced ALELO card program utilises an EMV approved application implemented on MULTOS technology from Multos International. Multos International is working with the local Brazil card manufacturers to provide the products and support for personalization and issuance. ALELO has already begun card issuance, enabling payment services and meal benefits to their program customers.
Multos International announces the launch of the new Discover D-PAS Dual-Interface application available for EMV migration on Discover, PULSE and Diners Club International networks. This latest application by Multos International complies with the new D-PAS contactless specification from Discover, and is certified across the latest range of MULTOS “step/one” and MULTOS product families for SDA, DDA and Dual-Interface (SC4, MC4 and ML4 platforms) applications. This opens up a new world of payment options for Discover cardholders, especially for use cases where speed of transaction is important such as transport.
SETIS, a Sao Paulo Brazil based developer and integrator of software solutions for EMV payment systems, has joined the MULTOS Consortium, a group of international blue chip organisations responsible for the promotion and development of the MULTOS specifications. In joining the Consortium, SETIS will be able to play an active role in the development and expansion of MULTOS, and benefit from the Consortium’s global marketing and networking resources with Members that span the entire secure smart device business.
FIS banking and payments technology joined The Multos Consortium of blue chip organisations responsible for the promotion and development of the Multos smartcard specifications. The MULTOS Consortium is a group of globally based, industry-wide companies, whose remit, in part, is to develop, manage and promote MULTOS and the MULTOS product specifications for smartcards. As a Partner Member, FIS will participate in the MULTOS Business and Technical Advisory Groups, allowing them to play a prominent role in the development and growth of the MULTOS specifications.
The Multos Consortium announced Discover Financial Services, in partnership with Diners Club International, has joined its organization. The MULTOS Consortium is a group of international blue chip organisations responsible for the promotion and development of the MULTOS specifications. With this, Discover will participate in the MULTOS Business and Technical Advisory Groups, allowing them to play a prominent role in the development and growth of MULTOS.
Just what combination of technology convergence, business partnerships and consumer acceptance points will finally drive the widespread adoption of global mobile payments is at the center of the agenda at the CARTES in North America expo & conference. With the advent of Google Wallet and a new mobile phone payment system from ISIS as well as global wireless carriers supporting standards for NFC-based payments, 2012 is poised to be the year that new mobile payment technology moves into the consumer mainstream. CARTES in North America will host two day-long tracks, March 5-6, on Global Mobile Payment & Services Initiatives, featuring speakers from the United States, Canada and Europe addressing topics ranging from deploying NFC payments and the changing business case for banks, to retailer adoption, consumer acceptance and security.
China UnionPay (UnionPay) has joined the Multos Consortium. China UnionPay payment brand has more than 2 billion cards performing over USD$1.8 trillion in transactions in 2010. As China’s banking card issuers start for PBOC chip migration, there is a growing need to ensure a number of leading chip operating systems are available. China UnionPay has joined the MULTOS Consortium to signal the endorsement of MULTOS as one of the technologies for Chinese chip card issuing.