commerce

High Competition will Drive $32.65 Billion Smart Card Market: Adroit

High Competition will Drive $32.65 Billion Smart Card Market: Adroit

“Telecom, banking, and payments were the industries most invested in smart card applications, while the Asia Pacific region was the biggest 2018 smart card market geographically.” A new report from Adroit Market Research predicts that the global smart card market will hit $32.65 billion by 2025. Contact-based cards currently represent the largest portion of that…

Zwipe and Infineon Extend Partnership, Aiming for Mass Biometric Card Deployment

Zwipe and Infineon Extend Partnership, Aiming for Mass Biometric Card Deployment

“We are proud to strengthen our long-standing partnership with a global technology leader such as Infineon. This collaboration further enhances our ability to commercialize our technology and IP through competitive solutions for mass-volume deployment.” – André Løvestam, CEO, Zwipe With the clock ticking down to mass deployment of biometric payment cards, Zwipe and Infineon are…

Biometric Card with IDEX SmartFinger Tech Undergoing Certification by Beijing Testing Center

Biometric Card with IDEX SmartFinger Tech Undergoing Certification by Beijing Testing Center

“I’m more confident than ever that biometric smart cards are poised for mass adoption.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics announced today that biometric payment cards featuring its SmartFinger sensor technology have begun a certification process on behalf of a “major global payment scheme in Asia.” The Bank Card Testing Center, an independent…

Talking Biometrics and Mobile ID at Money20/20 [Audio Interview Roundup]

Talking Biometrics and Mobile ID at Money20/20 [Audio Interview Roundup]

This week Mobile ID World and FindBiometrics reported live from Money20/20 USA in Las Vegas, where biometrics took the spotlight. Kicking off Sunday with a dedicated Digital Identity & Biometrics session track, this year’s Money20/20 ensured strong authentication was a foundational topic for the week of keynotes, panels, exhibitions and networking events, all condiucted under…

ImageWare Sales Update Highlights Partners’ Success

ImageWare Sales Update Highlights Partners’ Success

“…ImageWare says its biggest partner had sealed a deal with a Canadian financial institution, which will also take advantage of ImageWare’s biometric technology for employee authentication.” ImageWare says its sales strategy is starting to pay off, insisting that it is building momentum in a new ‘sales update’. The company says that three of its partners…

Financial Services Must Embrace AI, Automation to Compete Against Disruptors: Report

Financial Services Must Embrace AI, Automation to Compete Against Disruptors: Report

“…45 percent of the financial services firms surveyed for the report said that they see major tech companies like Apple and Google as their key competitors over the next five years.” AI and smart automation could add up to $512 billion in revenues to the financial services industry over the next couple of years, according…

IDEMIA, WorldPay Bring Dynamic CVV Solution to North America

IDEMIA, WorldPay Bring Dynamic CVV Solution to North America

IDEMIA and US-based payment processor WorldPay are embarking on North America’s first trial program of IDEMIA’s Motion Code payment card solution. Motion Code was first launched in the autumn of 2016 by Oberthur Technologies, before that company merged with Safran Identity & Security to form what is now IDEMIA. The solution essentially replaces the three-digit…

NXP Tech Brings mPayments to Classic Watch Design

NXP Tech Brings mPayments to Classic Watch Design

NXP Semiconductors has unveiled a new digital wallet system designed for easy integration into a range of potential hardware products. Developed in collaboration with Mastercard and Visa, the mWallet 2GO solution features NFC for contactless payments, a comprehensive Secure Element system, and functionality with the Mastercard Digital Enablement Service and Visa Token Service platforms. It…

Apple Pay Lets Concertgoers Order Drinks from the Dance Floor

Apple Pay Lets Concertgoers Order Drinks from the Dance Floor

Apple may have found a new venue for the promotion of its biometric mobile payment platform: concerts. The company trialed a new order-ahead system at the recent BottleRock music festival near San Francisco, allowing Apple Pay users to order a drink from a concession stand, pay for it, and then just walk up and grab…

FIDO and EMVCo Expand 3DS Collaboration

FIDO and EMVCo Expand 3DS Collaboration

The FIDO Alliance and EMVCo are deepening their partnership, announcing that they are going to collaborate together on refining standards concerning the transmission of FIDO authentication data through EMV 3-D Secure (or “3DS”) messages. The aim is to make this process “scalable and interoperable across the EMV payments ecosystem,” according to a statement from the…

Suica Support Brings Google Pay to Japanese Transit System

Suica Support Brings Google Pay to Japanese Transit System

Users of Google Pay in Japan can now add their Suica and WAON cards to the app. These are two major prepaid payment cards in the country, both based on Sony-developed FeliCa NFC technology. While both cards enjoy popularity, the Suica support could prove particularly advantageous to Google Pay users as the card is accepted…