Dual interface shipments to exceed the 1 billion mark in 2015. The number of dual interface and pure contactless smart cards is expected to make up 30% of all smart card shipments in 2018, rising from 16% of the 8.6 billion smart cards ...
Tags: Contactless smart cards, smart cards, contactless cards
Electric drive systems with continuous torque and speed control are widespread today. They allow an optimal adjustment of the drive with respect to the application. Standard drive systems consist of 3-phase, alternating-current, ...
Near field communications (NFC) technology has brought a new wave of techniques to the retail industry, enabling bricks and mortar stores to attract and interact with customers in innovative ways. Analysts see these tools as a money maker ...
Tags: NFC, UK, payments, mobile technologies
Three widely deployed payment terminals have vulnerabilities that could allow attackers to steal credit card data and PIN numbers, according to a pair of security researchers from penetration testing firm MWR InfoSecurity in the U.K. The ...
Tags: payment terminals, MWR InfoSecurity, credit card data, PIN numbers
Mobile payment systems in the U.S. have been long on promise and short on reality. The launch Monday of the Isis system in Salt Lake City and Austin will promote the adoption of mobile payments among users of nine smartphones that support ...
Tags: mobile payment systems, U.S., Isis system, smartphones, NFC
MasterCard is testing new ways to make online transactions more secure with its PayPass application and a mobile phone, including using QR codes to secure the transactions. The card company is cooperating with Dutch bank ING Group on a ...
Tags: MasterCard, online transactions, PayPass application, mobile phone
An industry group launched on Tuesday will guide a massive upgrade of the U.S. payment card system to a new platform designed to prevent card fraud. The EMV (Europay, MasterCard, Visa) Migration Forum will coordinate efforts to enable the ...
Tags: industry group, massive upgrade, U.S., payment card system
Major high street banks are planning to impose new terms and conditions on customers that would make them squarely responsible for credit and debit card fraud. Further reading Seven-year glitch earns Bank of Scotland 4.2m fine Banks' IT ...
Tags: high street banks, finance, software, computing
IDG News Service-Mobile card payments startup iZettle has settled its payments dispute with Visa Europe and can now accept Visa payments in Norway,Finland and Denmark,the company announced on Tuesday. To accept Visa,iZettle had to add a ...
Tags: Visa, iZettle, mobile payments, Visa payments
Many automated teller machines(ATMs)and point-of-sale(POS)terminals fail to properly generate random numbers that are required by the EMV protocol to securely authenticate transaction requests,according to a team of researchers from the ...
Tags: ATMs, POS terminal, EMV, secret encryption key, ARQC
Despite a years-long upgrade of Australia's payment systems, fraudsters are still profiting, leaving a questionable record for a vast program to equip debit and credit cards with new security features. For several years, Australia has ...
Tags: Australia, payment system, Cybercrime, EMV payment card