Giesecke & Devrient (G&D) has developed the first prototype of a complete security platform for a mobile handset, with Qualcomm Incorporated’s support, and will be displaying its proof-of-concept solution running on Qualcomm’s Snapdragon chipsets at Mobile World Congress in Barcelona this week. The demo will show how the MobiCore(C) secure application environment and the Snapdragon’s security architecture delivers a complete ARM TrustZone technology-based security platform to address the requirements of services ranging from mobile payment with secure PIN entry and content management to key management and general user authentication. The MobiCore environment provides a fully certifiable security solution that enables applications using dedicated security solutions today to be integrated into advanced mobile devices based on Qualcomm’s Snapdragon platform. Additionally, G&D and Toro Development are working together to develop a cutting-edge offering for mobile financial applications based on G&D’s Mobile Security Card and TORO’s Akami mobile platform. Both companies are contributing their respective expertise in hardware, firmware, middleware, mobile software, and system architecture to create a platform offering system integrators, financial service providers, and retailers fast time to market for a proven secure mobile solution. This new offering brings to the market a series of stand-alone solutions for secure applications that will not necessarily evolve toward near-field communication (NFC), such as mobile banking, mobile remittance and mobile ATM. The Mobile Security Card originates from Giesecke & Devrient Secure Flash Solutions (G&D SFS), a joint venture between G&D and the flash controller supplier Phison Electronics.Details
TX-based “plug and play” programmer DeviceFidelity has teamed with Visa to enable mobile phones as payment devices.
Combining the Visa “payWave” contactless payment technology
and DeviceFidelityâs “In2Pay” technology, the partnership transforms a mobile
phone with a microSD memory slot into a mobile contactless payment
device. The “In2Pay” solution conforms to the industry standard for memory chips,
microSD, and fits into the memory card slot found in many existing
mobile devices in market today. In2Pay integrates seamlessly with multiple mobile phone operating
systems, enabling a flexible application interface and interactivity
with the consumer, using an onboard software controlled antenna
and an industry standard dual interface contactless smart card chip that
supports Visa payWave, along with other contactless applications.
Trials are scheduled to begin in the second quarter of 2010.
In response to the recent announcement made by the Competition Bureau, MasterCard Canada issued a statement that supports market-driven competition in debit and the removal of barriers to such competition.
MasterCard reiterates the following key points regarding Maestro
debit: MasterCard Canada is actively expanding its Maestro debit product in
Canada and is delivering compelling benefits to consumers and merchants.
Since late 2008, MasterCard has been working with acquirers to facilitate Maestro acceptance for merchants who choose to accept it
There are many Canadian merchants already accepting Maestro and seeing the benefits of a less expensive, technologically superior
debit system. Both BMO and CUETS have Canadian cardholders with Maestro active on
their cards and MasterCard continues to discuss Maestro with other issuers. Merchants control the decision to add Maestro debit capability to
their terminals. MasterCard does not endorse cardholder-directed
routing of debit transactions as it puts merchants at a disadvantage. Maestro has a flat fee, and no interchange and is less expensive for merchants than all debit offerings in
Canada. Maestro offers merchants the ability to process the Maestro payments
of more than 650 million global cardholders as well as those of
Canadians with Maestro. MasterCard operates a global debit system that delivers significantly
greater scale than Canada’s incumbent debit network. The Maestro debit
network has had virtually zero downtime in more than seven years. The
system co-processes at three distinct sites for flawless execution and
can scale up to 32 times its average peak capacity.
Shopping cart software provider Volusion has introduced its “Fraud Score” to
prevent fraudulent orders and reduce chargebacks. “Fraud Score”
identifies traits, patterns and trends that are associated with
fraudulent behavior to assess
transaction risk and reduce chargebacks for merchants. The solution
checks more than 15 fields that include history, address,
geographical IP, email and bank identification numbers to assign a
numerical fraud score associated with each transaction. Merchants will
see a fraud score associated with each order in the order
details page. A score of 0-300 will identify the risk involved with
processing the order. Volusion provides an explanation of each risk
category and information to help aide the merchant in his/her decision
to ultimately save money.
KPN Netherlands has started deploying Gemalto’s “Roaming Director” real-time solution for steering of roaming. KPN Netherlands is the largest mobile operator in the country with close to eight million subscribers. With Gemalto’s solution, subscribers will use KPN’s preferred partners when traveling, which enables them to benefit from the operator’s latest services abroad.
Roaming Director offers an intuitive graphical interface for KPN Netherlands to monitor traffic distribution in real time by country and by operator. With the Gemalto solution, the roaming manager can easily fine-tune traffic redirection according to his business requirements.
nFinanSe reloadable prepaid card provider and Inspire entertainment provider have introduced its www.nFinanSeMusic.com online music site. Offering free downloads, targeting young adults aged 18 to 25, the download library features a library consisting of musical artists from alternative rock to electro-pop, hip-hop, soul, folk, ambient and dance music. Visitors to the site will be able to download music free from an initial collection of eight artists and view music videos. Every six to eight weeks, a new group of artists and music will be available free to visitors. Tampa, Florida-based nFinanSe financial services company and provider of stored value and prepaid card solutions is the innovator of the “nFinanSe Network,” a secure, reliable value load and activation platform that connects with retail merchants and other value load stations located throughout the United States.Details
Swisscom owned mobile solutions provider Sicap and ATM manufacture Wincor Nixdorf have unveiled ATMs configured for mobile cash remittance, cash topup and self-service subscription management. “The Sicap and Wincor Nixdorf Cash Remittance” ATM solution offers mobile phone users easy cashÃ¢ÂÂin/cash-out transfers. The sender simply enters the phone number of the recipient and a security PIN on the touch screen and inserts the amount into the ATM. The recipient can withdraw the money from any participating ATM. The ATM Cash Remittance solution responds to strong demand in markets where mobile phone accounts largely outnumber bank accounts. The convenience factor is a clear benefit compared to traditional over-the-counter money transfer mechanisms, and attractive commission charges mean that even low-denomination person-to-person transactions are feasible. “The Sicap and Wincor Nixdorf Cash Topup” ATM solution reduces operators prepaid reload commissions down to zero. Any user can top up a mobile account balance simply by inserting cash into the specially designed, operator-branded ATM. The Sicap server updates the mobile account in the operator’s billing system and any m-wallet server, without the need to involve a banking or ATM network infrastructure.
“The Sicap and Wincor Nixdorf Self-Service Kiosk” ATM solution provides touch screen access to accounts, allowing mobile customers to manage their own subscription, mobile device and their accompanying services. The kiosk automates routine shop operations and can be customised according to regional market specificities.
The Ceridian Corporation has renamed Ceridian Stored Value Solutions (formerly Stored Value Solutions), allowing Ceridian to convey a more consistent presence to the marketplace. Bringing continuity to Ceridian’s messaging to leverage the reputation and brand equity of Ceridianâs numerous business offerings, the renaming takes immediate effect. Ceridian global business services company helps organizations maximize human, financial and technology resources. Ceridian Stored Value Solutions provides gift card processing and card management serving marquee household brands from a variety of industries across the globe.Details
Gemalto has piloted the launch of
bio-sourced SIM cards by SFR, a French operator with over 20 million mobile subscribers. The card body, made from plant-based bioplastics, is easily recyclable and compostable and can be incinerated without emission of toxic fumes.
The bio-sourced SIM card is made from a new renewable material derived from corn, sugarcane or potato starch. This material is easily recyclable and compostable through small scale industrial units and reduces the global ecological footprint of the production process. This card is part of the expanded portfolio of eco-friendly products that are available for banking, telecom and government customers worldwide. Gemalto has also supplied SFR with packaging made from recycled paper and plant-based inks.
Visa and international currency exchange service Travelex have launched the “Visa Money Transfer” service, a convenient, cost-effective and secure way for consumers to send funds directly to recipients’ Visa cards, both domestically and internationally. Senders can initiate a Visa Money Transfer to make person-to-person payments, send funds to friends or family members, or make account transfers. The service in Australia will give consumers the option to send money domestically and internationally via Travelex’s Australian online portal, www.travelexvmt.com.au. Money is sent securely over the Visa network to the eligible Visa debit, credit or prepaid card and then the funds be used at more than 29 million merchants and 1.6 million Visa branded ATMs around the world. Following the new Travelex service Visa Money Transfer programs are now available through 51 sending institutions across 15 countries and territories worldwide, including, Hong Kong, Indonesia, Malaysia Mainland China, Russia, Singapore and the United Arab Emirates.Details
Stonesoft network security solutions is warning of the main culprits that will threaten network security in 2010, which range from credit card security and virtualization to the mobile workforce. Estimates show enterprises will spend more than $1.5 trillion on technology in 2010. Stonesoft has disclosed main threats show identity theft via breaches in credit card security still remains one of the greatest security concerns for todayâs enterprises; security is the top concern preventing virtualization from increased adoption; and users of mobile access to enterprise networks frequently fail to update their antivirus software and firewalls, allowing for easy virus infection to the user’s system and the enterprise network. Stonesoft subsequently urges companies to administer remote mobile access via iPhones and laptops from a central point to ensure security settings and updates for each device are always up to date.Details
Rixty has expanded its cash payment system to include kids under the age of 13 for access to a nationwide network of more than 10,000 Coinstar kiosks and 10,000 prepaid card distribution locations to pay for top quality online games and virtual worlds. Following the Childrenâs Online Privacy and Protection Act (COPPA), enforced by the FTC, Rixty protects kids’ personal information and their parents are notified of account creation. This new system has been audited by TRUSTe, an FTC authorized COPPA review agency, and Rixty has been certified as a 2010 TRUSTe Childrenâs Privacy Seal Program member. With Rixtyâs membership in the TRUSTe Childrenâs Privacy Seal Program, kid-focused partners can feel confident that Rixty is now the leader in safe online cash payments for kids and adults.Details