Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

USB payment device is secure

Wednesday, January 9, 2008

The new USB and contactless credit card released by the Shinhan Card Company in Korea earlier this month is said to be a secure option for purchasing online. In an interview with ZDNet Asia, Gartner analyst Avivah Litan said, “On the surface, it appears it will give users more security.” She continued to say that she expects the device to be a success because their research shows that consumers prefer devices that plug into PCs, compared to standalone devices, because it prevents the device from being misplaced if it is perpetually plugged in, Litan explained to ZDNet Asaia. [end] 

Charge Anywhere announced that it will launch its BlackBerry payments software featuring NFC technology at the BlackBerry World event this week in Orlando, Fla.

The Charge Anywhere Mobile Payment App for BlackBerry enables business owners to accept payments on their BlackBerry smart phone or PlayBook and securely process credit and debit cards on the go. Now, businesses operating on the BlackBerry 7 OS platform can accept NFC-enabled credit and debit cards like Visa payWave or MasterCard PayPass by simply tapping their customer’s card to an NFC-enabled BlackBerry Curve or Bold device.

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Samsung and Visa are providing their sponsored athletes and trialists at the London 2012 Olympic Games with special edition Samsung Galaxy S III handsets equipped with Visa’s payWave NFC payments application.

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The National Retail Federation, the world’s largest retail trade association, is urging the Federal Trade Commission to move cautiously in establishing regulations for mobile payments.

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VeriFone Systems has received certification of its EMV/NFC-enabled payment processing solution from Vantiv, a provider of payment processing services and related technology solutions for U.S. merchants and financial institutions.

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POS Portal, a national distributor of point-of-sale terminal modules, has selected Ingeico’s Telium series of NFC and EMV-enabled products for sale and distribution to its independent sales organizations in the U.S.

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Albron, an independent caterer in the Netherlands, will offer biometric- and contactless-based payments in its restaurants thanks to a newly signed agreement with pan-European payment processor Equens.

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