Sweden has become the first Nordic country to issue MasterPass digital wallets. Nordea, SEB and Swedbank are the first banks to issue MasterPass, soon to be joined by ICA Banken and Resurs Bank.
Swedbank has inked a 6-year renewal contract with Oberthur Technologies to provide Sweden, Estonia, Latvia and Lithuania with payment cards, personalization and Smart Services.
EnterCard integrated Encap’s two-factor authentication technology into its “re:membercard” mobile app. Ensuring EnterCard’s customers enjoy simple, seamless and secure access to their financial services on the move, in partnership with ID specialist Signicat, this will provide secure two-factor user authentication. Customers will be able to access their services using the app on their smartphone without the need for hardware tokens, SMS passwords, or other one-time passwords. This will provide EnterCard’s customers with an intuitive, convenient experience, and secure authentication without leaving the app.
MasterCard launched its “MasterPass” ‘future of digital payments,’ offering consumers a digital service to use any payment card or enabled device to discover enhanced shopping experiences. An expansion of “PayPass Wallet Services,” “MasterPass was announced Spring of 2012 and offers checkout services to provide merchants a consistent way to accept electronic payments regardless of where the consumer may be. For in-store scenarios either at the register or in the aisle, MasterPass will support the use of NFC, QR codes, tags and mobile devices used at points of sale. It provides shoppers a simple check-out process by eliminating the need to enter detailed shipping and card information with every purchase. Consumers can securely store card information, address books and more in a secure cloud, hosted by an entity they trust.
VeriFone Systems made available its “Sail EMV” platform allowing banks and acquirers to quickly provide smartphone and tablet-based chip-and-PIN card payments solutions to small and medium-sized merchants. This offers a complete solution to expand their product portfolios with custom-branded services that enable mobile merchants to accept chip-and-PIN payments and payment adapters designed to meet industry security requirements. It also includes mobile phone SDK’s for easy integration with iOS and Android mobile platforms and a secure transaction management system leveraging VeriFone’s Point Gateway payment-as-a-service global infrastructure, adding to VeriFone’s suite of chip-and-PIN enabled smartphone and tablet solutions, including PAYware Mobile Enterprise hardware and VeriFone GlobalBay mobile software that is already being deployed globally with larger retailers. The “SAIL EMV” solution contains all of the building blocks that banks and processors need to build a custom branded experience.
Vermilion Software (Vermilion) is delighted to announce that Swedbank Robur has gone live with Vermilion Reporting Suite (VRS), utilising Vermilion’s hosted ASP environment for Factbooks, Factsheets and Key Investor Information Documents (KIID). Swedbank Robur selected Vermilion in autumn 2011, and undertook a joint phased project delivery approach. The first two projects went live at the…
Bankomat AB, which operates the ATM networks of the five leading banks in the country, recently signed a three-year framework agreement with Wincor Nixdorf and has already placed an order for 800 ATMs and up to 80 cash recycling systems. The rollout of these systems is scheduled to begin in September 2012. Founded only one…
Loomis inked a four-year agreement with BAB Bankernas Automatbolag to provide approximately 50% of Automatbolag’s ATMs with cash. Also included in Loomis’ assignment is the counting of cash and certain emergency servicing of the machines. BAB Bankernas Automatbolag was founded in September 2010 by Danske Bank, Handelsbanken, Nordea, SEB and Swedbank, and is taking over the management of the owner banks’ approximately 2,700 withdrawal and deposit ATMs.
Gemalto announced Swedbank is deploying its “Protiva” corporate solution across its organization, offering a single global identity management system to provide better access protection for networks and cloud resources.The “Protiva” solution is part of Gemalto’s cloud computing security offer and will secure access to data networks and physical access for 20,000 employees. Implemented initially in Sweden, the solution is being deployed across the Baltic countries, as well as in a number of smaller representative offices internationally. Gemalto is providing Swedbank with the Protiva converged badge solution based on PKI1, a proven technology for secure online identity authentication.
EDB ErgoGroup has forged seven year agreements to deploy and operate 2,800 Bankernas Automatbolag ATMs. Worth NOK 800 million, the contract stipulates EDB ErgoGroup is to deliver standardised services for the banks’ ATMs for administration, software management, transaction processing, settlement and operational monitoring. A combined transition project will make all 2,800 ATMs part of EDB ErgoGroup’s service concept for ATMs over the course of 2012.
EDB ErgoGroup has forged seven-year agreements with Bankernas Automatbolag, providing operational responsibility for 2,800 minibanks in Sweden. The contract represents a total value iof around NOK 800 million and with it, EDB ErgoGroup will deliver standardised services for the banks’ ATMs for administration, software management, transaction processing, settlement and operational monitoring. A combined transition project will make all 2,800 ATMs part of EDB ErgoGroup’s service concept for ATMs over the course of 2012. EDB ErgoGroup will now provide services for 3,200 of the 3,800 ATMs in use in Sweden.
Nordea has decided to join the BankID electronic identification infrastructure and is to start to issue BankID electronic identifications, which is supported by nine Swedish banks. The majority of these banks also use BankID for electronic identification and signing at their Internet banks. At present there are 3.8 million active users of electronic identifications in Sweden, as well as a 1 000 services. With current growth a total of 4.5 million is anticipated by the end of 2011. BankID electronic identification in Sweden is based on the PKI (Public Key Infrastructure) technical standard and has been developed by a number of large banks for use by members of the public, authorities and companies.