Tag Archives: Southern Asia

8th Asian Payment Card Forum

By | September 21, 2017

On 21-22 September 2017, APSCA will organise the 8th Asian Payment Card Forum in Mumbai. The forum is Asia’s largest gathering of card issuers and acquirers, domestic bank card networks, international payment systems, mobile payment companies and e-payment services providers that meet to explore best practices for driving the consumer payments landscape towards a digital payments future. The… Read More »

Identiv Strengthens Presence in India With Bureau of Indian Standards Certification of Desktop Smart Card Reader Solutions

By | August 17, 2017

FREMONT, Calif., Aug. 17, 2017 (GLOBE NEWSWIRE) — Identiv, Inc.  (NASDAQ:INVE) today announced Bureau of Indian Standards (BIS) Certification on the most popular collection of the company’s desktop smart card reader solutions. BIS, the National Standards Body of India, was established under the BIS Act of 1986 for the harmonious development of the activities of standardization, marking, and quality certification of… Read More »

India – Just two weeks and you can use your Delhi Metro Smart Card to travel in DTC buses

By | August 16, 2017

In two weeks from now, 500 DTC buses in the capital will have the facility as Common Mobility Cards will be rolled out after years of delay. The Delhi Government has started obtaining chips called the Secure Access Mobile (SAM) from South Korea which provides the facility of cashless transportation in the city in buses. These will be… Read More »

India – Little progress in smart NID card distribution

By | August 13, 2017

Apparently set to miss the existing December-2017 deadline to provide the country’s all voters with smart national identity (NID) cards, the Election Commission (EC) now says it will do it by June 2018, reports UNB. Though the EC started the distribution of machine readable cards to replace the existing laminated ones among 90 million voters in October 1,… Read More »

India – Between 48k-68k fraud Wallet and PPI card transactions between March and May 2017

By | July 25, 2017

  The Reserve Bank of India has started maintaining provisional data of fraudulent transactions using Mobile Wallets and PPI Cards (together called PPI’s), and last week, Ravi Shankar Prasad, the Minister for IT, disclosed in Parliament that the fraud rate for Mobile Wallets and PPI Cards ranged between 0.005% to 0.007% for the months of March, April and… Read More »

Nepal – National ID card will be gender inclusive, says Minister Sharma

By | July 25, 2017

Home Minister Janardan Sharma has claimed that the new national identity card, which is going to be launched soon as a pilot project, will be gender inclusive. Responding to queries raised by some lawmakers about the rumoured features of the new ID that is supposed to replace the citizenship card, Sharma said the details will include the names… Read More »

India – Credit card fraud: RBI steps in to protect customers, but here is what you must do to avoid losses

By | July 7, 2017

In a bid to limit customer liability in fraudulent credit card, online transactions, the Reserve Bank of India (RBI) has come out with revised guidelines and has also sought to make rules stricter for banks in cases of frauds. “With the increased thrust on financial inclusion and customer protection and considering the recent surge in customer grievances relating… Read More »

India – BMTC Pilots Contactless Cards For Ticket Payments; Full Rollout in Bengaluru Soon

By | July 5, 2017

Contactless is the way to go, and this has been proved by the recent changes by organisations to allow users to pay for their transactions using NFC or similar technology. Recently DMRC allowed the use of a smartwatch to make contactless payments, and now BMTC is piloting a similar mechanism. According to a report by ETtech, Bangalore Metropolitan Transport Corporation is developing a… Read More »

LankaClear and JCBI partner to establish National Card Scheme in Sri Lanka

By | June 22, 2017

Colombo and Tokyo, June 22, 2017 – (ACN Newswire) – LankaClear (Private) Limited (LankaClear), an organization incorporated in 2002 and owned by the Central Bank of Sri Lanka (CBSL) and all Licensed Commercial Banks operating in Sri Lanka, and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. (JCB), announced on June 20th that… Read More »

Cybercrime: Debit/credit card fraud in Navi Mumbai drops by 22% from Jan-May 2016

By | June 20, 2017

Debit and credit card frauds in Navi Mumbai fell to 300 between January and May this year from 365 in the corresponding period last year — a drop of 22%. The Navi Mumbai police have attributed the drop to increasing awareness programmes. After demonetisation in November last year, cybercrimes, including card frauds, have seen an upward swing in… Read More »

India – Kochi-One smart card to be launched on June 17

By | June 11, 2017

The much awaited multi-purpose Kochi-One smart card for commuters will be launched during the inaugural function of the Metro project on June 17. The passengers can use the co-branded cards for taking various modes of transport including private buses, boats and also for mercantile and internet transactions. It can be linked to any bank account of the user… Read More »

India – Visa eyes big bucks from ‘contactless payments’

By | May 28, 2017

MUMBAI:  Global payments technology company Visa is bullish on the Indian market to grow its contactless payment solutions.The company, which recently launched the country’s first open loop contactless toll payments at NHAI’s Manesar toll plaza, expects an increase in adoption from sectors like retail. “We are likely to witness a major shift in technology migrating from plastic cards… Read More »

India – Ex-servicemen will soon get new smart cards to avail healthcare benefits

By | May 26, 2017

NEW DELHI: Veterans will soon get new smart cards to avail healthcare benefits with the ex-servicemen department introducing new security features to ensure that the facility is not misused. The new cards, expected to be issued with two to four months, will have features like a chip that will store all information for the veteran and family members.… Read More »

Smart Card IT Solutions to invest ₹200 cr. to expand

By | May 13, 2017

Smart Card IT Solutions, a leading maker of debit, credit and smart cards, has announced plans to invest ₹200 crore during this year to double manufacturing capacity and to set up card ‘personalisation bureaus’ at multiple locations as Government fuels a move toward digitisation. The company currently manufacturers 1.2 million smart cards daily at its manufacturing units in… Read More »

India – Passport forgers face invisible foes

By | May 7, 2017

New Delhi, May 7: New Indian passports will from June bear three fresh layers of embedded security features that will aim to lower the risk of forgery that has rattled the country’s strategic establishment for years. The introduction of the new features in all new passports will be part of a long overdue technology makeover that the US… Read More »

India – Bank executive held for card ‘fraud’

By | April 23, 2017

KOLKATA: Bidhannagar Police on Friday arrested a private bank employee in connection with credit card fraud. Two more accused, one of them an employee of the same bank, were arrested earlier this week. They duped the bank of Rs 18.18 lakh. Sources said accused Anupam Bhaumik and Sutirtha Saha are employees of the Salt Lake, BD block branch… Read More »

Fake Passport Row: CBI Files FIR Against MEA Officials

By | April 18, 2017

The Central Bureau of Investigation (CBI) has filed an FIR against unknown officials from the Ministry of External Affairs (MEA) for issuing fake passports to 12 people. The FIR report states that the CBI received a tip-off that unknown MEA officials have committed criminal misconduct by abusing their official position as public servant and entered into a criminal… Read More »

India – Homemaker Held in Fake Canadian Passport Case

By | April 8, 2017

MUMBAI: A homemaker is in police custody after she was deported from Canada for flying with a forged passport. Though Bindu Patel (34), an Ahmedabad resident, cleared the immigration check at the city’s international airport on December 15, 2016, she failed to convince the authorities in Canada the next day, after landing there. Patel was provided a fake… Read More »

India – Linking of Aadhaar With Ration Cards Temporarily Stopped

By | March 21, 2017

Even as a large number of people were running from pillar to post to link Aadhaar and ‘unblock’ their ration cards that were earlier blocked for non-linking of Aadhaar, the State government has temporarily stopped this process without any announcements to facilitate issuance of smart cards from April 1. An official from Madurai north taluk said that access… Read More »

India – Finally, BMTC to roll out smart card on pilot basis this month

By | March 19, 2017

BENGALURU: The much-awaited cashless ride in Bengaluru Metropolitan Transport Corporation(BMTC) buses is inching closer to reality. The corporation will issue over 100 smart cards to commuters as part of the long-delayed project, which will be launched on a pilot basis this month. BMTC had earlier said it would kick off the system in January but deferred it. Officials… Read More »