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

US to see mobile barcodes more frequently

Friday, January 25, 2008

Sprint is setting the pace for US wireless carriers by supporting 2D barcode scanning in 2008. The company is branding the service under two different but similar names: “Phone IQ” and “2-D Intelligence”.

At the time, the only thing holding back the acceptance of this new technology is the support among the carriers. 2D barcode scanning, or QR codes, is already wildly popular in Asia and starting to takeoff in Europe. Sprint is heading up the fight in the US and it will be interesting to see how the US market reacts.

Sprint has partnered with ScanLife Code Registry and Management platform which has been deployed successfully in France, Spain, the Philippines, China and the United States. Sprint’s website is very interesting and shows how the technology will fully work: http://www.sprintspecialoffers.com/phoneiq/[end] 

The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.”

According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem.

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CoVantage Credit Union (CVCU) announced the availability of Tyfone’s mobile wallet services throughout its branches in Wisconsin and Michigan.

Some 64,000 CVCU members can now use Tyfone’s mobile banking services, which include balance checking, account history review, fund transfers, branch and ATM location look-up, as well as several new features:

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United Arab Emirates (UAE) travelers prefer making payments via mobile rather than using cash or credit card, according to a recent survey commissioned by travel technology and transaction processor Amadeus.

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Visa has announced that more than 1 million EMV chip-enabled cards have been issued by U.S. financial institutions as of December 31, 2011.

Just 18 months ago there were no Visa-branded EMV chip cards issued in the U.S. according to Visa’s Stephanie Ericksen, who attributes the sudden growth to U.S. issuers accepting Visa’s EMV and mobile payments road map.

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Proxama has announced a partnership with semiconductor supplier ARM Holdings to create secure payment mechanisms for mobile handsets.

The UK-based partners say they will combine ARM’s TrustZone technology with Proxama’s Mobile Wallet to develop a “highly secure” environment for NFC-enabled mobile contactless payments and mobile internet payments.

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Visa, in partnership with Monitise, has launched a suite of new mobile financial services on its revamped Debit Processing Service platform, enabling mobile phone users to check their account history and balances, transfer funds between accounts, and receive real-time transaction alerts.

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