Category Archives: Card Industry News

1LINK Selects Gemalto PURE White-label EMV Technology For PayPak- Domestic Payment Scheme

By | January 29, 2018

Karachi,(UrduPoint / Pakistan Point News – 29th Jan, 2018 ):1LINK, Pakistan’s largest payment processing body, announced its selection of Gemalto PURE white label payment technology for enabling “Chip and PIN” for its Domestic Payment Scheme, PayPak. The solution will enable 1LINK member banks to launch EMV-compliant contact and contactless cards, mobile payments, Host Card Emulator (HCE) and other digital services. This new… Read More »

US Payments Forum Winter 2018 Market Snapshot: EMV Enablement Growth in New Markets, Predictions for Contactless Payments in Transit, Prioritizing Online Transaction Security

By | January 29, 2018

PRINCETON JUNCTION, N.J., Jan. 29, 2018 (GLOBE NEWSWIRE) — The U.S. Payments Forum today released its winter 2018 market snapshot, providing updates on the status of the U.S. EMV chip migration and contactless payments, 2018 priorities to address technologies for securing online transactions, and recently-released resources for the payments industry. State of the Market: EMV Enablement Growth in Retail Petroleum and… Read More »

Pakistan – Over 58,000 fake CNICs detected by NADRA

By | January 28, 2018

ISLAMABAD:  The Interior Ministry on Saturday informed the Senate that the country’s top database authority detected more than 58,000 fake or suspicious national identity cards, which have now been “temporarily digitally impounded in NADRA’s database”. The upper house of parliament was informed that during the re-verification drive it had been noticed that not only some Pakistanis had obtained… Read More »

Terrapinn acquires Science Media Partners

By | January 25, 2018

Terrapinn, the global events company, announced today that it has acquired Science Media Partners (SMP), an international events and publishing company based in the UK and focused on next-generation government, citizen and consumer-based identity solutions. SMP’s portfolio of products includes the world-leading events – SDW 2018 and connect:ID – as well as the highly-respected news and information web portals – and Terrapinn’s CEO, Greg Hitchen,… Read More »

Unistream Bank Cards Went Contactless

By | January 25, 2018

  MOSCOW, January 25, 2018 ( –Unistream Bank now offers a more convenient and simple way of payment for everyday purchases via contactless Visa cards. To make a payment, all it takes is putting the card to the terminal to process in a few seconds; there is no need to hand it over to a cashier for a transaction.… Read More »

NXP Semiconductors Announces Automatic Extension of End Date of Transaction with Qualcomm

By | January 25, 2018

EINDHOVEN, The Netherlands, Jan. 25, 2018 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI) today announced that in accordance with the terms of the Purchase Agreement with Qualcomm, the End Date of the transaction with Qualcomm has been automatically extended to April 25, 2018. NXP continues to support and recommend the Qualcomm offer for acceptance to NXP shareholders. About NXP Semiconductors NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a… Read More »

STMicroelectronics Reports 2017 Fourth Quarter and Full Year Financial Results

By | January 25, 2018

STMicroelectronics Reports 2017 Fourth Quarter and Full Year Financial Results   Q4 net revenues of $2.47 billion, up 15.5% sequentially and gross margin of 40.6%, both above the mid-point of ST’s guidance   Q4 operating income of $408 million, operating margin of 16.5% 2017 net revenues of $8.35 billion, up 19.7% year-over-year on broad-based growth 2017 net income… Read More »

STMicroelectronics announces change in leadership team

By | January 25, 2018

Geneva, January 25, 2018 – STMicroelectronics (NYSE: STM) announced today that Carlo Ferro, Chief Financial Officer and President Finance, Legal, Infrastructure and Services, has informed the Company about his intention to step down from his position at the same time as ST President and CEO Carlo Bozotti’s retirement, which will be effective at the conclusion of the Annual General Shareholders’… Read More »

Carlo Bozotti’s Succession Plan Announced at STMicroelectronics

By | January 25, 2018

Deputy CEO Jean-Marc Chery proposed as Sole Member of the Managing Board at the 2018 Annual General Meeting of Shareholders and to become next President & CEO Newly-formed Executive Committee to become effective upon shareholder approval of Mr. Chery’s appointment Geneva, January 25, 2018 – As previously reported, the mandate of Carlo Bozotti as Sole Member of the Managing Board, as… Read More »

Taiwan – Ministry accepts 100,000 fixed passports

By | January 24, 2018

The Ministry of Foreign Affairs yesterday said it has inspected and accepted 100,000 of 550,000 revised copies of the next-generation biometric passport, which is expected to be put back into circulation early next month at the latest. The Bureau of Consular Affairs accepted the 100,000 copies on Tuesday and is scheduled to inspect a second batch of 120,000… Read More »

Magicard Hires Ian Cliffe as Chief Executive

By | January 24, 2018

Magicard, one of the leading global manufacturers of secure ID card printers, today announced the appointment of Ian Cliffe as Chief Executive to lead the business forward, following a year of strong investment and growth. Over the past 18 months since an MBO backed by private equity group LDC, the investment in Magicard has been significant and the… Read More »

IDEMIA Announces Acquisition of Otono Networks and Its eSIM Orchestration Solution

By | January 23, 2018

COLOMBES, France–(BUSINESS WIRE)–IDEMIA, the global leader in Augmented Identity for an increasingly digital world, today announced the acquisition of Otono Networks and its industry-leading eSIM orchestration technology. Together, IDEMIA and Otono will offer a comprehensive eSIM lifecycle management solution to simplify the adoption of eSIM for both mobile operators (MNOs) and device manufacturers (OEMs). This acquisition marks the… Read More »

Sun Chemical Acquires C.T.LAY to Expand Portfolio for Plastic and Security Cards

By | January 22, 2018

PARSIPPANY, N.J., USA – January 22, 2018 –Sun Chemical and its parent company, DIC Corporation, have acquired C.T.LAY S.R.L.  Based in Modena, Italy, C.T.LAY is a global leader in pre-laid overlays, pre-patched holograms, and, through its joint-venture branch 4PLATE, experienced in lamination plates and sophisticated lamination plates with security elements and plasma coatings. “The strategic acquisition of C.T.LAY… Read More »

VietinBank announces its new role as the sole Diners Club card issuer in Vietnam with support from Compass Plus

By | January 22, 2018

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), a leading commercial bank in Vietnam, has signed a partnership agreement to become the sole issuer of Diners Club cards in Vietnam. The bank will issue Diners Club cards as both standard and contactless cards, catering for the rapid growth and popularity of contactless terminals in the country.… Read More »

IHMA – New Board for 2018

By | January 21, 2018

The International Hologram Manufacturers Association has announced a new-look Board as it marks its 25th anniversary in 2018. The move comes as the global trade body sees increased integration of holography alongside other authentication and track and trace technologies to deliver overt and covert protection over the next 12 months. Corinne Murcia Giudicelli of SURYS becomes a full Board member… Read More »

Sri Lanka – E-passport tender award challenged in Supreme Court

By | January 21, 2018

Sri Lanka’s new bio-metric E-passport project has been embroiled in a legal mesh as a result of the attempt made by the authorities to award the contract to De La Rue Lanka Currency and Security Print Ltd (De La Rue Lanka Ltd) through a non-transparent and unsolicited, single-source procurement process. Objecting to the award, a fundamental rights case… Read More »

Discover Increases Acceptance in Hong Kong

By | January 20, 2018

Riverwoods, Illinois, Jan 18, 2018 – (ACN Newswire) – Discover Global Network, the payments brand of Discover Financial Services, will expand card acceptance at key merchants in Hong Kong by working with First Data and JCB International, the international operations subsidiary of JCB Co., Ltd. (referred to below as “JCB”).  To expand into Hong Kong, Discover Global Network… Read More »

NXP Semiconductors Announces the Timing of the Release of Fourth Quarter and Full Year 2017 Results

By | January 19, 2018

EINDHOVEN, The Netherlands, Jan. 19, 2018 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI) today announced it will release its fourth quarter and full year 2017 financial results after the close of extended trading on the NASDAQ Global Select Market on Wednesday, February 7, 2018 EDT. NXP will not hold an earnings call nor provide forward guidance for the first quarter of 2018 due to… Read More »

India – Punjab to replace vehicle registration books with smart cards

By | January 19, 2018

LAHORE: The Punjab Excise and Taxation Department while replacing vehicle registration books would introduce long-awaited automated smart cards from March this year, Pakistan Today has learnt. The project to replace the registration book was announced some three years ago in 2015. Initially, this was announced to launch the project within one year which remained delayed due to the reasons best known… Read More »

India – Thane: 77 seized fake smart card licences had same address

By | January 19, 2018

THANE: Investigations into the fake license case revealed that of the 253 licenses seized from the accused, nearly 77 had the same address of Angaon Bhiwandi and Kalwa area. The police had on Tuesday recovered as many as 253 fake licenses made by accused Sunil Chaudhari who is the proprietor of the Chaudhari Driving School based in Mulund.… Read More »