SMARTCON, an EMV product specialist based in Brazil, and SCIL, a New York-based EMV products provider, have announced a partnership that will provide EMV products and services to U.S. and Canadian financial services companies.

Canada’s banking and credit union groups have come together to create a set of open guidelines for the development of mobile payments at point-of-sale in Canada.

The Canadian Imperial Bank of Commerce (CIBC) and mobile operator Rogers Communications are partnering to launch Canada’s first joint mobile payment solution, allowing Canadians to pay with their CIBC credit card at the point-of-sale using NFC-enabled smart phones.

Grants ranging from $2,000 to $5,000 are available to colleges and universities as part of Higher One’s financial literacy initiative designed to promote personal money management for college students.