Category Archives: Card Industry News

Kenya – Jubilee Urged to Abandon Smart Card in Nominations

By | March 29, 2017

Aspirants from Embu County have called on the Jubilee Party to discard the use of the recently launched party smart card and instead allow members to use the national ID cards during the nominations. According to Manyatta Parliamentary seat aspirant, Justus Mugo Kinyua, this will give supporters an opportunity to participate in the process adding that the card… Read More »

Jamaica – Chuck Says National ID System Will Be Game Changer

By | March 29, 2017

Minister of Justice Delroy Chuck says the National Identification System will be a huge game changer in the fight against crime. According to the minister, the system will not only be able to assist the police, but will also be useful with banks and other entities in ascertaining the true identity of individuals. “We have recently passed legislation… Read More »

USA – Washington Granted REAL ID Compliance Extension

By | March 29, 2017

OLYMPIA, Wash. – Washington state has been granted a temporary extension from the enforcement of federal requirements for state driver’s licenses and ID cards. Last week’s letter from the Department of Homeland Security, obtained Wednesday by The Associated Press, says the extension will run through June 6. The department said that throughout the extension, federal agencies can continue… Read More »

ATMs Drive Debit Card Fraud To Record Heights

By | March 29, 2017

Fraud detection and prevention is no cottage industry. As debit and credit cards grow in the field, making inroads to consumers where they’d not been held before, so too has the opportunity grown for skimming and pilfering. And FICO has seen an alarming uptick and uptake in skimming and other practices designed to separate debit cardholders and their funds. In… Read More »

Research – Global E-Passport Market to Grow at a Splendid CAGR of 26.31% During the Period 2017-2021

By | March 29, 2017

Summary Orbis Research Present’s Global e-Passport Market 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts. Description About e-Passport The Global E-Passport Market to grow at a CAGR of 26.31% during the period 2017-2021. E-passports are used to authenticate the identity of a traveler during international travels. This technology stores data about… Read More »

USA – Strain Confiscates 15 Credit Card “Skimmers” Off Gas Pumps

By | March 29, 2017

Louisiana Department of Agriculture and Forestry (LDAF) Commissioner Mike Strain, D.V.M., said the department’s Weights and Measures division is seeing an increase in skimming devices at gasoline pumps. “Our inspectors seem to be finding one or two skimmers on a weekly basis. Consumers are also alerting our office more often which helps us track down these devices,” said… Read More »

The Global National eID Industry Report: 2017 Edition

By | March 29, 2017

The Global National eID Industry Report: 2017 Edition Market Analysis and Forecasts 2016 to 2021 Comprehensive Market Data. Critical Insight. Targeted Revenue Forecasts The 2017 edition of The Global National eID Industry Report provides completely updated, coverage of the worldwide market for National eID programs. The report provides regional analysis and forecasts for the 136 countries that currently… Read More »

Report – Global e-Passport Market 2017-2021

By | March 29, 2017

E-passports are used to authenticate the identity of a traveler during international travels. This technology stores data about the traveler on a smart chip, which bears a unique identification number, and a digital signature. It is more secure than traditional paper technology as it cuts down the risk of data alteration and duplication. The data stored electronically on… Read More »

Changes in European Payment Card Products: Not Always as Expected

By | March 28, 2017

First Annapolis has been closely monitoring European payment card products since October 2015 to identify issuers’ reactions to interchange regulation implemented in December 2015, and to track the evolution of product offerings and pricing. Twice a year, we review the payment card products offered by the largest issuers in 15 European countries, totaling 78 issuers and around 1,000 debit,… Read More »

India – Fake Passport Agents’ Gang Busted By Anti-Terror Squad

By | March 28, 2017

After three passports were recovered from possession of slain terror suspect Saifullah, the Uttar Pradesh ATS launched a crackdown on fake travel documents and arrested a gang involved in the clandestine trade. Inspector General UP Anti-Terror Squad Asim Arun said, “Fake passports can affect national security. Acting on specific tip-off, a number of teams were formed, which found… Read More »

Croatia – Hrvatski Telekom introduces eSim service

By | March 28, 2017

Croatian operator Hrvatski Telekom introduced the new eSim service as the first in the Deutsche Telekom Group. Based on GSMA standards, the commercial eSim offering is set to become the new way of providing telecom services, replacing the use of physical Sim cards and enabling internet connections for an increasing number of devices, HT said. The first device… Read More »

USA – 2 Indian-Americans Sentenced for Credit Card Fraud

By | March 28, 2017

Two Indian-American men were sentenced by a US court for a $200 million international credit card fraud, one of the largest-ever exposed by federal authorities, said officials. Vijay Verma and Tarsem Lal, both of Iselin, New Jersey, were sentenced to 14 months in prison and a year of house arrest, respectively, after previously pleading guilty to their roles… Read More »

No, An LTE-Equipped Apple Watch Will Not Come With a Physical SIM Card

By | March 28, 2017

Amidst a lull in Apple hardware releases, an industry analyst on Monday issued a research note claiming Apple’s next-generation Apple Watch will use a physical SIM card for standalone LTE connectivity. We explain why that is an unlikely scenario. Citing checks with Apple’s supply chain, Susquehanna Financial Group semiconductor analyst Christopher Rolland said he believes an Apple Watch… Read More »

South Africa’s Smart ID card “one of the most advanced in the world”

By | March 28, 2017

South Africa’s new Smart ID card is one of the most advanced IDs in the world, said the solutions director of LAWtrust, Maeson Maherry. Maherry, who was speaking at a cybersecurity symposium in Johannesburg, is overseeing the seven-year eID project with the Department of Home Affairs. It is one of LAWtrust’s largest programmes. “Many countries around the world… Read More »

Meezan Bank, MasterCard Launch Pakistan’s First Contact Less Payment Solution

By | March 28, 2017

KARACHI: Meezan Bank, the first and largest Islamic bank of Pakistan, in partnership with MasterCard, a leading company in the global payments industry, has announced to launch Pakistan’s first contactless card solution. Card solution is an innovative product that has been developed to further strengthen the country’s digital payment eco-system, says release here on Monday. Meezan Bank’s new… Read More »

Document Security Systems, Inc. Reports Fourth Quarter and Year-End 2016 Financial Results

By | March 28, 2017

ROCHESTER, NY–(Marketwired – Mar 28, 2017) – Document Security Systems, Inc. (NYSE MKT: DSS) Year-Over-Year Revenue up 10% to $19.2 million 2016 Adjusted EBITDA total $1.1 million vs. 2015 Adjusted EBITDA Loss of ($1.3 million) Net Loss Per Share Reduced 94% from ($1.20) in 2015 to ($0.07) in 2016 2016 Year-End Cash Balance of $5.9 million vs. $1.4… Read More »

Finnish National eID and ePassport Win Award for Best Regional ID Document

By | March 27, 2017

A new national eID and ePassport in Finland has been celebrated as the industry’s best ID document in annual awards that recognise best practice and design. Reconnaissance, the organisers of High Security Printing EMEA, revealed the 2017 winner of the Regional ID Document of the Year at a special ceremony during the conference in Baku, Azerbaijan, on 28 March 2017. The… Read More »

CNP Fraud Around The World

By | March 27, 2017

Publication Date: March 2017 Download the white paper With card-not-present (CNP) fraud rates rising, many countries have deployed various fraud prevention tools to help curb fraud in the online and mobile channels. This U.S. Payments Forum CNP Fraud Working Committee white paper reviews experiences from countries around the world to assist the U.S. payments industry in mitigating CNP… Read More »

Indonesia – E-KTP: One Identification Card, Big-Time Corruption

By | March 27, 2017

Back in October, Fikrul Hanif, a history professor at a teacher’s college in Padang, West Sumatra, trudged to his local district office to renew his resident ID. He was expecting to get the revamped electronic version – one that promised to be harder to duplicate, easier to update and with fewer run-ins with crooked government workers. Instead he… Read More »

Philippines – Congressional Inquiry Urged Over ‘Overpriced’ e-Passports

By | March 27, 2017

An umbrella organization of labor unions is urging Congress to look into the government’s alleged overpriced new digital passport or e-passport. In a statement, Philippine Association of Free Labor Unions president Terry Tuazon said the government should lower the cost of the e-passport and make it more affordable, particularly for overseas Filipino workers. Tuazon said the e-passports being… Read More »