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It’s been another rich and varied week in Mobile ID World news, with payments, biometrics, and connectivity being the hot topics in the latest roundup of our most popular stories. On the FinTech side of things, Mobile ID World visitors were understandably interested in learning more about Samsung’s new debit account platform, about which the…
Biometric smart cards are finally poised to become a commercial reality. In a recent memo, Zwipe CEO André Løvestam noted that several “1st Generation” biometric cards will achieve small-scale commercial launches in 2020, paving the way for an even greater breakthrough as demand increases in the next few years. Of course, Løvestam believes that Zwipe…
“The two companies will work together on contactless payment solutions based on both card and wearable form factors.” Zwipe has found another new partner to help expand the reach of its biometric technology in the payments space. In this case, it’s Publicenter, described by Zwipe as Italy’s largest domestic smart card maker. The company is…
Following the announcement last month by Samsung that it will be joining the likes of competitors Apple and Google in offering its own physical payment card — Samsung Money by SoFi — the tech giant revealed more information about its solution in a post on its website. Billed as a ‘mobile-first money management experience’, some…
“…the new eco-friendly card is composed of more than 85 percent recycled PVC, which makes it the card with the highest concentration of recycled PVC materials currently on the market.” The longstanding partnership between IDEMIA and Treezor will soon lead to the launch of France’s first eco-friendly fintech card. The two companies joined forces more…
Zwipe has officially renewed its partnership with the Brazilian smart card manufacturer Thomas Greg & Sons (TGS). The two companies first joined forces in April of 2019 in an effort to develop biometric payment cards for the Latin American market. Now that the contract has been renewed, TGS will move forward with the small scale…
Zwipe has teamed up with Watchdata Technologies to develop contactless payment solutions. The offerings will eventually include wearable devices and contactless payment cards, which will be distributed to banks in multiple regions around the world. Watchdata is based in Beijing, though its company headquarters are located in Singapore. The company specializes in secure transactions and…
Facebook is enabling person-to-person payments for WhatsApp users in Brazil. The new feature is being delivered in collaboration with Visa, which is outfitting Facebook with the technology needed to secure individual transactions. That includes the Visa Direct real-time push payments platform, as well as the company’s new Visa Cloud Tokenization solution. Visa’s technology will allow…
Biometric payment cards continue to inch their way toward commercial deployments, with Zwipe announcing that a Hong Kong-based partner is now ready to proceed with small-scale manufacturing. The biometrics specialist first announced its partnership with Toppan Forms Card Technologies (TFCT) in April, framing it as a means to move toward payment card commercialization in the…
It’s been another widely varied week in Mobile ID World news, with the most popular stories concerning mobile and smart city infrastructure, FinTech, and some controversy from a major global identity project. Starting with infrastructure, this week brought the announcement that the US National Telecommunications and Information Administration has called for public comment on 5G…
Thales is the latest organization to suggest that COVID-19 could accelerate the adoption of contactless payment technologies. The company notes that the amount of cash in circulation has decreased during the pandemic, while online transactions have gone up in the same period. Now Thales is arguing that some of the changes could be permanent, and…
“The card is being developed in collaboration with digital money management specialist SoFi, and will take the form of ‘an innovative debit card backed by a cash management accounts,’ Samsung explained.” The mobile payments arms race continues, with Samsung having recently revealed that it is currently developing a payment card that will be associated with…
Access Softek has released an automated investment tool that was built to encourage participation in wealth management programs. The EasyVest solution is compliant with financial regulations and can be integrated into any existing online or mobile banking platform. EasyVest is specifically geared toward smaller, community financial institutions that have trouble competing with the more robust…
ABI Research is predicting that COVID-19 will accelerate the adoption of contactless payment cards. The firm now believes the number of cards issued in 2020 will exceed initial estimates by more than 110 million cards, a figure that will bring the total number of contactless payment cards in circulation to more than 2 billion internationally. …
Zwipe is continuing to make inroads in the Asian market. The company has formed a partnership with Hong Kong’s Asia Credit Card (ACC) to develop a full portfolio of biometric payment services and products. The partnership will focus primarily on biometric payment cards. Zwipe is planning to launch its Pay ONE platform later this year,…
Japan-based JCB has announced a new solution aimed at broadening the use of mobile payments. Dubbed ‘Tap on Mobile’, it’s a contactless payments program that JCB has developed in collaboration with Soft Space, an APAC-based FinTech company. Integrating JCB’s contactless engine for payment transactions, the program is designed to let end users make contactless payments…
Zwipe is teaming up with Toppan Forms Card Technologies to move biometric payment cards towards the commercialization phase in Macau and Hong Kong. The two companies will work together to develop new cards, and to market those cards to Toppan’s customers in the region. To that end, Toppan will integrate the Zwipe Pay ONE platform…
“With ENACOMM, Delaney will be promoting the company’s Financial Suite solutions, including the Virtual Personal Assistant for conversational AI interaction…” ENACOMM has appointed a new Vice President of Financial Sales to help promote its ENACOMM Financial Suite solutions. The new VP, Thomas Delaney, comes to the company after a 14-year stint with Jack Henry &…
Tech Giant Google appears close to announcing a new physical debit card to be used with its Google Pay payment platform, complete with biometric security. The news — which comes via a series of leaked documents obtained by TechCrunch — would position Google in the FinTech industry alongside competitor Apple, following the launch of the…
