Vantage Card Services & ControlScan to Support Level 4 Merchants

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Vantage Card Services, a top provider of payment processing and systems for merchants, businesses and banks, has expanded its relationship with ControlScan, the leading provider of PCI compliance and security solutions designed for small merchants and the acquirers that serve them, to help their small and mid-size merchants achieve and maintain…

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Card Compliant and IDology Jointly Offer Compliance

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Card Compliant, a compliance specialty company, and IDology, a leading identity verification provider, announced a partnership to better serve the prepaid access and prepaid card industry. Card Compliant is leveraging IDology’s identity proofing solutions to meet CIP/KYC regulations and comply with FinCEN’s Regulatory Requirements on prepaid access cards. The partnership between…

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TSYS Announces First-Quarter 2012 Dividend

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] TSYS announced that its board of directors has approved a quarterly cash dividend of $0.10 per share on TSYS common stock, payable April 2, 2012, to TSYS shareholders of record as of the close of business on March 22, 2012. About TSYS TSYS (NYSE: TSS) is reshaping a new era in…

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DeviceFidelity NFC MasterCard Approved

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] DeviceFidelity announced at the Mobile World Congress 2012 in Barcelona that the patented In2Pay iCaisse4 is the first NFC-based mobile payment solution for the iPhone 4S and iPhone 4 that has been certified by MasterCard. This approval means that the In2Pay iCaisse4 with In2Pay v2.8 microSD supplied with MasterCard PayPass M/Chip…

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Oberthur Demonstrates Long-Range Transaction SIM

Oberthur Technologies security and identification solutions and services based on smart card technologies, and Ingecom, a market leader in Radio-Frequency products, have collaborated to introduce the “AirSIM” high frequency chip and antenna in a SIM card. This identifies mobile users and communicates with a receiver remotely located. The NFC technology allows proximity transactions as “AirSIM” allows wide field communications at a distance ranging from few centimetres up to 15 meters.

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Orange to Offer Visa Mobile Prepaid Accounts

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] France Telecom-Orange and Visa announced that Orange Money customers will soon have access to Visa prepaid account features inside their Orange Money accounts – a significant step in bringing Visa-quality payments to consumers in developing markets. Orange Money is the mobile phone-based payment service designed by Orange to meet the needs…

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Oberthur Technologies to Integrate Interop Technologies

Oberthur Technologies announced a key partnership agreement with Interop Technologies mobile device management, connectivity gateway, and messaging solutions for CDMA operators. Oberthur Technologies will integrate Interop’s CDMA OTA provisioning platform into its broader OTA management solution in order to serve CDMA wireless network operators worldwide. Oberthur Technologies currently supports GSM operators with its Application Loader and Management (ALM) solution, a field-hardened SIM OTA management platform deployed in 2G and 3G networks. By adding Interop’s CDMA solution to its product suite, Oberthur Technologies enables CDMA operators to manage the full range of available handsets.

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Globe Telecom launches iPhone m-commerce app

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Philippine telecommunications giant Globe Telecom, through its internationally acclaimed mobile commerce service GCASH, announces the first in the industry with the launch of the GCASH mobile app for Apple iPhones by March 2012. The GCASH iPhone app will be available for download at iTunes App Store for free. The new GCASH…

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Sepa Council Implements Regulation on Transfers/Direct Debit

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Council adopted a regulation setting technical and business requirements for credit transfers and direct debit transactions in euros. The regulation constitutes a key element of SEPA – the single euro payments area – an EU-wide integrated market for credit transfers and direct debits with no distinction between national and cross-border…

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Consumers With Jobs Pay Their Card Bills

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] January unemployment was consistent with dropping December figures, falling an additional .2% to the .1% in employment gains the month prior to now stand at 8.3%. With this, Delinquencies and chargeoffs remained low, falling from the December figure 31 basis points of 5.64% to 5.33% to the lowest point in nearly…

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Visa and Intel Ink Alliance at m-World Congress

Visa and Intel Corporation forged a strategic agreement to develop mobile commerce solutions, having outlined plans to collaborate to ensure consumers enjoy a consistent, streamlined, secure mobile commerce experience across Intel “Atom”-based smartphones and tablets. With this, Visa has certified Intel’s Smartphone Reference Device powered by the Intel “Atom” processor Z2460 for use with Visa payWave, Visa’s mobile payment technology that enables consumers to make fast and secure payments at retail locations by simply waving their mobile phone in front of a payment terminal. The Intel Smartphone Reference Device will host the Visa payWave payment application and features NFC technology. Now smartphones based on the Intel Smartphone Reference Device handset can be enabled to connect to Visa Inc.’s mobile provisioning service providing financial institutions and mobile operators the means to securely download Visa payment account information and the Visa payWave application OTA to a secure chip on an NFC-equipped smartphone.

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Chase Implements Gemalto mPayment Solution

Gemalto digital security is to provide its Trusted Service Management (TSM) solution on the Chase mpayments platform. Gemalto’s TSM will provision and manage the credit and debit card data of Chase customers, validating authenticity and supporting information delivery over the air. The Isis™ mobile wallet, developed through a joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, will be the first to benefit from this partnership. For this, Gemalto will perform issuance, personalization and lifecycle management while Chase will be able to load a digital version of a customer’s payment card into the customer’s mobile wallet in real-time, allowing the end user to conduct NFC payments.

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