From Smartcard to Smartphone – Entrust Bridges Digital Identity Investments across Physical Environments to Mobile Devices
Entrust Datacard delivers enterprise-grade security via mobile devices that serve as trusted identity credentials for secure physical, logical and cloud access. Via the next evolution of the Entrust Mobile Smart Credential, organizations may extend digital certificate or smartcard investments into the mobile environment to reduce costs, enable business efficiency and empower users. “Mobile devices are […]
Obama signs chip and PIN executive order
US president Barack Obama has signed an executive order mandating the use of chip and PIN technology at executive departments and agencies for card payments. With more than a 100 million Americans falling to data breaches over the past year, thanks in part to massive attacks on the likes of Target, Home Depot and JPMorgan, […]
China to end UnionPay card clearing monopoly
China is finally preparing to put an end to China UnionPay’s monopoly on clearing bank card transactions in a move that could open up a huge market to Visa and MasterCard. The country’s State Council made an announcement on the change in policy after a meeting today, according to Reuters, but failed to give details. […]
MasterCard looks to bust contactless transaction limits with fingerprint cards
MasterCard has partnered with Norwegian firm Zwipe to launch a contactless payment card with built-in fingerprint sensor. Cardholder fingerprint data is stored directly on the card, not in an external database. The biometric authentication replaces the PIN entry, thus enabling cardholders to make payments over and above the low-value limits typically applied to contactless transactions. […]
Commercial Bank of Dubai opens ‘Facebook branch’
Commercial Bank of Dubai (CBD) has introduced a ‘Facebook branch’, enabling customers to check their accounts and transfer funds from within the social network. The UAE has 3.6 million Facebook users, who check the site an average of five times a day, usually making their first visit within 15 minutes of waking, says CBD. The […]
Mobile is Now the Number One Device for Product Info Amongst 16-34 Year Olds
Research released by the Internet Advertising Bureau UK (IAB) shows the role that mobile and tablets play with traditional media. Interestingly 52% of smartphone owners said they had visited a non-mobile optimised site in the last month, 69% of consumers said this was a ‘frustrating’ experience. IAB’s Senior Research Manager, Hannah Bewley said: “The fact […]
Apple Pay and HCE to Push NFC Payment Users to More Than 500 Million by 2019
There will be more than half a billion mobile users of NFC (Near Field Communication) contactless payment services by the end of 2019, up from 101 million this year, according to a prediction from Juniper Research. The report argued that Apple’s introduction of an NFC-based payment mechanism — Apple Pay — would stimulate the wider […]