Display Debit Card
Mumbai-based Axis Bank has introduced a display variant of its debit card for its NRE customers. The Platinum MasterCard Debit is the first display card in India.
A2P SMS
A2P SMS services are used in several verticals such as entertainment, banking, financial services and insurance (BFSI), retail, tourism, marketing, media, and healthcare. The global A2P SMS market is the increasing number of mobile users opting for mobile payments, banking, and marketing activities.
Super Brillant Card
A super Brilliant Card has entered the marketplace as South Korea-based BrilliantTS has harnessed the power of UK-based CSR’s CSR1013 technology. This enables simple and secure credit and debit card payments by connecting to a smartphone using Bluetooth.
AsiaPay 3-D Secure
Hong Kong-based AsiaPay Technology unveiled its newly certified 3-D Secure Access Control Server (ACS) managed service for issuing banks after launching the ACS solution in earlier years.
Banrisul Ezio
Banco do Estado do Rio Grande do Sul (Banrisul) has deployed Gemalto’s Ezio Multi-Channel Authentication Solution to secure its expanding mBanking services.
BTMU & VASCO
Bank of Tokyo-Mitsubishi UFJ (BTMU) has implemented VASCO’s two-factor authentication solutions to protect retail banking customers accessing the bank’s online banking services.
Oberthur & NagraID
Oberthur adds display cards to its product arsenal. The acquisition of NagraID Security is an important step for OT in its plan to maintain leadership on its markets.
Oberthur Technologies acquires NagraID
Oberthur Technologies (OT) signed an agreement to acquire NagraID Security SA. OT will acquire a 100% equity stake of NagraID Security SA from the Kudelski Group (SIX:KUD.S) and the company’s management.NagraID Security SA develops and markets powered display cards to secure access to the cloud, primarily for companies operating in the field of financial payments, authentication and identification solutions, using one-time password (OTP) or dynamic card verification value (DCVV, the 3 or 4 digit security code printed on payment cards) technologies.
OTP Bank Deploys mPayment Service
OTP Bank’s “OTPay” is an integrated mobile wallet for smartphones that is the first to bring in-store mobile payments to Hungarian users. The solution was developed by Cellum Group, in accordance with MasterCard’s standards for mobile payment systems. The solution of Cellum and OTP can break the bottleneck of mobile payments in Hungary. Mobile payments are now made possible essentially anywhere, as the technical background has been established: anyone can download the app and register a bank card, and merchants can introduce mobile payments in their store free of charge. OTPay uses cloud payment technology to carry out secure transactions, during which users do not need to hand over their bank card details to merchants.
ebpSource to Market Encap mAuthentication
ebpSource is pleased to announce an agreement with mobile authentication specialists, Encap Security, to market its Smarter Authentication solutions globally. The agreement means ebpSource will offer Encap’s products to new and existing clients in the banking, telecoms, payment processor and service bureau sectors. Smarter Authentication™ is a new approach to online and mobile banking and payment authentication that uses software-based, banking-grade technology to deliver an exceptional customer experience without compromising security. Encap Security’s Smarter Authentication™ is a superior solution to existing hardware and software-based authentication offerings that are both costly and cumbersome for service providers. Smarter Authentication™ allows organisations to deliver innovative services that have been proven to not only reduce risk but also boost online and mobile adoption and transaction rates. Once a user’s device is paired, the user will be asked to identify themselves using a PIN. The device becomes “something you have” and the PIN is “something you know” allowing multi-factor authentication to be delivered with a one-factor user experience. For non-smart mobile devices there is also an SMS alternative. Through the partnership with ebpSource, the Encap-enabled app will be integrated server-side to enterprise systems, online services, identity management, transaction databases and payment processes.
OTPay Integrates with MasterPass
MasterCard and OTP Bank Hungary announced the introduction of OTPay, the first digital wallet in Europe to leverage the application programming interface (API) of MasterPass™. This application is customized to the unique needs of the OTPay customer, making the online use of payment cards easier and more comfortable for cardholders. OTPay will provide consumers a new way to pay online, as well as creating options for bill payment, prepaid top up and person to person transactions. The OTPay mobile application will be available for download not only for OTP Bank customers, but for clients of other banks too. The application will allow cardholders to shop and pay at over 30,000 MasterPass™ accepting merchants around the world. The application was developed by Cellum, the Hungarian company group known for delivering mobile payment solutions with banking-grade security, also a developer of a MasterCard® Mobile solution, which has been running for more than two years.
OTP Bank Hungary integrates digital wallet with MasterCard MasterPass API
MasterCard and OTP Bank Hungary announced OTPay digital wallet in Europe to leverage the application programming interface (API) of MasterPass. This application is customized to OTPay customers, making the online use of payment cards easier and more comfortable for cardholders. The OTPay mobile application will be available for download not only for OTP Bank customers, but for clients of other banks too. The application will allow cardholders to shop and pay at over 30,000 MasterPass™ accepting merchants around the world. The application was developed by Cellum, the Hungarian company group known for delivering mobile payment solutions with banking-grade security, also a developer of a MasterCard® Mobile solution, which has been running for more than two years.