VISA is driving a Proof of Concept (POC) for offline digital payments in India. A first for the domestic payments ecosystem, the initiative is led by Visa in partnership with YES BANK and Axis Bank. The offline payments technology will allow users to make transactions using chip-based Visa debit, credit, and prepaid cards even in […]

Instarem, the digital cross-border payments arm of Singapore-based fintech firm Nium, has collaborated with Mastercard to launch Amaze, a card that allows users to link up to five other bank cards. Currently available in the city-state, the Amaze card can be used to make online and offline payments for everything from buses and trains to ecommerce purchases […]

BBVA is exporting its Acqua card model to Latin America after issuing one million of the dynamic CVV cards in Spain. BBVA is exporting its Acqua card model to Latin America after issuing one million of the dynamic CVV cards in Spain.Aqua replaces the card’s CVV with a dynamic security code that changes randomly in […]

Kenya Airways has announced the implementation of contactless transactions to enhance customer and staff health and safety priorities in the wake of the COVID-19 pandemic. This service will be effective from 1 September 2021, and contactless transactions align with the airline’s strategy to develop sustainable business operations through investing in processes and technologies that support customer […]

T-Mobile USA says the massive data breach that it suffered is worse than first reported, and that the count of prepaid and postpaid customers whose information was stolen has risen to 14 million. Meanwhile, its count of 40 million credit applications from former customers and prospects having been stolen was revised slightly upward. The latest […]

Fingerprint recognition is to be added to ID cards issued from August 23. The change is the result of the introduction of pan-European biometric identity cards this year. “From the second half of this year, both Estonia and other member states will add fingerprints to the identity card chip, similarly to passports,” Elen Kraavik, adviser […]

The governments of Germany and Spain have signed a memorandum of agreement to cooperate on the design, development and piloting of a cross-border digital identity ecosystem that will enable citizens to verify their identity and access digital services in both countries. As part of the agreement, the two countries will create a joint working group […]

Government authorities in Austria are taking a novel approach to secure citizen ID, launching a new identity card that can be verified using an associated mobile app. As Vindobona reports, the new ID card has a number of security features, including a chip containing biometric data and support for QR code scanning. But perhaps the […]

Apple Cash has made a significant update to its product to include Instant Transfer support for Mastercard debit cards, while an upcoming change will increase transfer fees to 1.5% of the transfer amount. Announced in an email to Apple Pay users on Thursday, the update delivers immediate Instant Transfer integration for Mastercard debit cards. The feature, which […]

As of Monday, Dutch people can apply for a new model identity card, which includes fingerprints on the chip and a QR code with the citizen service number (BSN) on the back. In addition, there are a number of new features that can be checked to see if the document is genuine, ANP reports. The […]