Author: sca

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OTI EasyFuel™ enters Costa Rica–Expanding presence in Latin America

Fort Lee, New Jersey, February 21, 2006–On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, announced today that it has received initial orders in Costa Rica. “EasyFuel”. EasyFuel is wireless solution for petroleum payment management and loyalty programs for…
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San Francisco Giants Team up with Visa Contactless to Give Baseball Fans More Time to See the Game

AT&T Park Installs Contactless Readers From Hypercom; Lets Fans Pay Faster with the Same Security and Protections They’ve Come to Expect from Visa SAN FRANCISCO, Feb. 16, 2006–The San Francisco Giants and Visa, a proud Giants sponsor since 1997, are making it easier for baseball fans to speed through concession lines at AT&T Park, now…
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StepNexus Acquires Hive Minded and .NET-based Nectar™ Smart Card Technology

SAN FRANCISCO, Feb. 15, 2006–StepNexus Inc., the premier provider of the world’s first open, high-security, multi-application, smart card operating system MULTOS, has acquired Hive Minded Inc., the company that created and licenses Nectar™ smart card.NET technology based on Microsoft.NET. Terms of the deal between the two privately held companies will not be disclosed. All employees…
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Holding company of MULTOS Becomes StepNexus

SAN FRANCISCO Feb. 14, 2006–The Holding company of the MULTOS technology, the world’s first open, high-security, multi-application, smart card operating system, today revealed its new corporate identity, StepNexus Inc. The re-branding effort marks an active four-month period for the company. In November 2005, a group of strategic partners, Oak Hill Venture Partners, Hitachi Ltd, Keycorp…
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Malaysians Can Now “Tap & Go” Around the World with OneSMART™ MasterCard® PayPass™

MasterCard Brings Internationally Accepted OneSMART™ MasterCard® PayPass™ EMV Solution to Malaysia; More than 30 Merchant Chains Already Signed Up Kuala Lumpur, 9 February 2006–MasterCard International today celebrated the launch of OneSMART™ MasterCard® PayPass™, the industry’s first internationally accepted, dual-interface contactless EMV payment solution, in Malaysia. PayPass combines both contact and contactless interfaces on one chip,…
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Visa Surpasses Contactless Merchant Milestone: Partnerships with Major Merchants Driving Migration to Contactless Payments

National Brands from McDonald’s to CVS/pharmacy Accepting Visa Contactless Cards, Creating One of the Fastest Adoptions of Payment Technology Ever SAN FRANCISCO, February 2, 2006–Visa today announced it has reached a significant milestone in the acceptance of Visa Contactless by surpassing 20,000 Visa Contactless acceptance locations in the United States. Consumers can make contactless payments…
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Former CIA Director Woolsey Named Chairman Of SuperCom’s New Advisory Board

New York, NY, and Ra’anana, Israel, February 1, 2006–SuperCom Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a leading provider of smart card and electronic identification (e-ID) solutions, today announced that R. James Woolsey, former Director of Central Intelligence and one of America’s preeminent authorities on security issues, will be Chairman of the Company’s newly created Advisory Board….
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MasterCard and Citi Conduct Consumer Trial of Contactless Payments with MTA in Select NYC Subway Stations

Fast, Convenient “Contactless” Payments to Provide Trial Participants More Time to Reach Their Destinations PURCHASE, NEW YORK, January 30, 2006–MasterCard International and Citi today announced that they will be working with the Metropolitan Transportation Authority and MTA New York City Transit to conduct a trial of contactless payments in select New York City subway stations…
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Hypercom’s Optimum Terminals Add Plug-and-Play Connectivity to IBM ACE Cash Registers with SurePOS ACE 5.0 Certification

Action Significantly Broadens Market for Hypercom SAN DIEGO, FMI Marketechnics, January 30, 2006–Hypercom Corporation (NYSE: HYC) today announced that its 32-bit Optimum multi-lane payment terminals have been tested for compatibility with IBM SurePOS™ Application Client Server Environment (ACE) Version 5.0, the newest point-of-sale application for IBM cash register systems. This ensures plug-and-play connectivity between Hypercom’s…
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Prom Catering to Accept MasterCard PayPass at PGA TOUR Events in 2006

PGA TOUR Spectators to Speed through Lines with the Convenience of ‘Tap & Go’ Contactless Payment Technology at Food and Beverage Stands Purchase, New York, January 26, 2006–MasterCard International today announced that Prom Catering–a leading caterer for local and national PGA TOUR (TOUR) tournaments–will accept MasterCard® PayPass™-enabled cards and devices at its food and beverage…