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

The story of Pay By Touch

Monday, December 8, 2008

Pay By Touch, the company that tried to bring biometrics to point-of-sales, may have been a company ahead of its time, but it was also one filled with drama. The San Francisco Chronicle reports that the rise and fall of the company including allegation of drug abuse and the squandering of investors’ money.

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Ingenico has announced that it will integrate First Data’s TransArmor data encryption and tokenization technologies across its line of Telium point of sale terminals.

According to the partners, the addition of TransArmor will provide greater security to U.S. retail customers making EMV, NFC and magnetic stripe payments on Telium reader products.

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Chinese handset maker ZTE Corporation has announced the launch of Touch and Share, a new service that enables users to quickly establish Bluetooth or Wi-Fi connectivity between their mobile devices via NFC.

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Startup iCache has developed a mobile wallet solution for the iPhone that enables users consolidate all of their payment, loyalty and membership cards onto one smart card.

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BWG Foods, an Irish wholesaler and retail grocery franchise operator, is expected to roll out contactless technology in the majority of its 900 stores after a recent deal announced with Visa, according to The Irish Times.

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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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GuestLogix, a provider of retail and payment technology solutions to airlines, has upgraded its XPDA onboard handheld point of sale device to accept contactless, NFC and EMV payments.

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