Tag Archives: Payment Cards

IDEMIA is the first Certified Card Manufacturer in India for Contactless RuPay chip cards, with the facility to load multiple payment applications on a single card

By | July 27, 2018

IDEMIA today announced that it is the first and, to date, only one to be certified to manufacture and personalise RuPay chip contact and contactless cards, on the qSPARC v2 platform. qSPARC is a Dual Interface Open loop payment specification, with the option of loading multiple payment applications on a single card. This certification is issued by NPCI, after… Read More »

Worldpay and IDEMIA introduce MOTION CODE debit cards to financial institutions in the U.S.

By | June 12, 2018

CINCINNATI, June 12, 2018 /PRNewswire/ — Vantiv, now Worldpay, Inc. (NYSE: WP) and IDEMIA are spearheading the first North American pilot of the MOTION CODE™ debit card, a dynamic payment card that aids in the fight against card-not-present (CNP) fraud and against hackers to offset the repercussions banks face as a result of data breaches. The average cost of a data breach in the U.S.… Read More »

JSC Russian Agriculture Bank Enables Acceptance of JCB Cards in Russia

By | June 1, 2018

Moscow and Tokyo, June 1, 2018 – (ACN Newswire) – JSC Russian Agriculture Bank (“RSHB”) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., are pleased to announce the launch of JCB card acceptance on the RSHB ATM and POS terminal network. RSHB’s acquiring network includes 3,800 ATMs, 1,700 info-kiosk terminals and more than 10,500 POS… Read More »

Vietnamese banks urged to smarten up magnetic stripe cards amidst information theft

By | May 25, 2018

Card replacement costs about $1 each and there are about 70 million local cards.  Vietnam is urging for a bank card upgrade from magnetic stripe to chip in order to prevent information theft.  Authorities need to rush the completion of a chip card system, said Nguyen Kim Anh, Deputy Governor of the State Bank of Vietnam in a… Read More »

CIMB Niaga launches a new product with JCB, CIMB Niaga Indosat Ooredoo Card

By | April 19, 2018

April 19, 2018 Jakarta: PT Bank CIMB Niaga Tbk, PT Indosat Tbk and PT JCB International Indonesia, a subsidiary of JCB International Co., Ltd. which is the international operations subsidiary of JCB Co., Ltd., have launched a credit card of CIMB Niaga Indosat Ooredoo Card. The launch of the product was conducted by CIMB Niaga Consumer Business Director,… Read More »

Mastercard Retires Customer Signatures

By | April 5, 2018

PURCHASE, NY – April 5, 2018 – Mastercard announced today that merchants in the U.S. and Canada can forego cardholder signatures for in-store credit and debit purchases, effective on April 13. The goal is to speed customers through checkout lines and give merchants greater control over customer experience. Merchants will decide when to implement the change. “In our digital, fast-paced marketplace,… Read More »

Russian Standard Bank is to provide high-level security for online transactions with JCB Cards in Russia

By | March 19, 2018

March 19, 2018, Moscow and Tokyo: Russian Standard Bank and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., announced that Russian Standard Bank is to provide high-level security for online transactions with JCB Cards in Russia. The security of online transactions is supported by 3-D Secure technology. This is a procedure for additional authentication… Read More »

Chunghwa Post plans contactless Visa debit cards

By | February 27, 2018

Chunghwa Post plans to start issuing contactless Visa debit cards in July that allow people to pay with their post office accounts. The state-run company said it would also provide an instant pick-up service that allows people to pick up their new contactless debit cards only a few minutes after they apply, instead of having to wait for… Read More »

Entrust Datacard and Gemalto partner to deploy effortless and affordable instant issuance

By | February 7, 2018

Austin, TX – 7 February, 2018 – Gemalto (Euronext NL0000400653 – GTO), the world leader in digital security and  #1 payment card supplier, has joined forces with Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, to provide a unique, SaaS-based instant issuance solution for U.S. financial institutions. Instant issuance is a must-have for financial institutions In 2006,… Read More »

Mountain America Credit Union Becomes the First Financial Institution in USA to Trial Biometric Payment Cards

By | January 31, 2018

Mountain America Credit Union has recently announced to have partnered with VISA for the first North American trial of EMV Biometric Payment Cards. The trial, which is expected to begin late February, will be conducted among 130 key Mountain America and VISA US employees and will last for about 45 days. Mountain America will use dual interface EMV Biometric… 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 »

Unistream Bank Cards Went Contactless

By | January 25, 2018

  MOSCOW, January 25, 2018 (Newswire.com) –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 »

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 »

Belinvestbank JSC enables acceptance of JCB Cards in Belarus

By | January 16, 2018

Minsk and Tokyo, Jan 16, 2018 – (ACN Newswire) – Belinvestbank JSC (“Belinvestbank”), a leading bank in Belarus, and JCB International Co., Ltd. (“JCBI”), the international operations subsidiary of JCB Co., Ltd., launch acceptance of JCB Cards at ATMs and POS terminals. Belinvestbank is the first bank in Belarus to start acceptance of JCB card. Belinvestbank’s wide acquiring network has… Read More »

Nam A Bank and JCB cooperate to develop international card services

By | January 16, 2018

Ho Chi Minh City, Jan 16, 2018 – (ACN Newswire) – Nam A Commercial Joint Stock Bank (Nam A Bank) and JCB International Co., Ltd. (JCBI) , the international operations subsidiary of JCB Co., Ltd. (JCB) signed a cooperation contract to license the issuance of JCB Cards and acquisition of JCB merchants in Vietnam. The ceremony was attended by representative… Read More »

Philippines – BSP warns of heightened ATM-related crimes

By | January 14, 2018

Fraudsters are targetting banks that are still vulnerable to debit and ATM-related crimes but this was expected by the Bangko Sentral ng Pilipinas (BSP) as the June 30 deadline for the full EMV regime nears. BSP Deputy Governor Chuchi G. Fonacier said they have monitored an increased number of bank fraud in the last few months but it… Read More »

FIME supports acquirers globally to achieve UnionPay certification

By | January 11, 2018

Qualified test tools and services enable acquirers to meet growing UnionPay adoption outside of China. FIME has achieved UnionPay International (UPI) qualification for its Savvi Test Platform. With over 160 countries outside of China currently accepting UnionPay, acquirers overseas can now receive local consultancy, testing and certification support from FIME. These tools and services enable acquirers to quickly and… Read More »

IndusInd Bank and Dynamics Introduce India’s First Battery-Powered Interactive Payment Card

By | January 8, 2018

LAS VEGAS & MUMBAI, India–(BUSINESS WIRE)–IndusInd Bank and Dynamics Inc. today at the 2018 Consumer Electronics Show (“CES”) announced plans to introduce the first battery-powered, interactive payment cards to the Indian market in 2018. he new IndusInd Bank card from Dynamics has multiple buttons that let the consumers use a single card to pay in multiple ways. With… Read More »

Sprint and Dynamics Unveil Wallet Card™ — The First Battery-Powered “Connected” Payment Card

By | January 8, 2018

LAS VEGAS–(BUSINESS WIRE)–Dynamics Inc. and Sprint, a wholly owned subsidiary of SoftBank, today at the 2018 Consumer Electronics Show (“CES”) unveiled the first battery-powered, “connected” payment card. Wallet Card™ is the world’s first connected, secure payment card. The Consumer Technology Association (CTA) recognized Sprint with four CES Innovation awards including the Best of Innovation Award for Security Technologies.… Read More »

VISA Launches Contactless Payment in Morocco

By | January 5, 2018

Rabat – A world leader in electronic payments, Visa announced that its Moroccan cardholders will now be able to enjoy Contactless Payments. Holders of a contactless Visa card will now be able to pay for their purchases by simply tapping their contactless Visa card or payment-enabled device on the checkout terminals, currently being installed at various sales points. The contactless payment system reduces the… Read More »