Category: Contactless Payments News

New Infineon ‘Coil on Module’ Chip Package Simplifies Manufacturing of Robust Dual Interface Bank and Credit Cards; Supports Global Introduction of Contactless Payment Applications

Neubiberg, Germany, January 29, 2013–Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), a worldwide leading manufacturer of semiconductor solutions for payment applications, today introduced its innovative ‘Coil on Module’ chip package for Dual Interface bank and credit cards. Dual Interface cards, which are used for both contact-based and contactless applications, are a fast growing segment…

Cubic in the driving seat as 8,500 London Buses enabled for contactless payment

World’s largest open payment system for transportation goes live LONDON, December 17, 2012–Cubic Transportation Systems, Transport for London’s (TfL’s) partner for ticketing, gating and revenue management, is celebrating a major milestone in an ambitious project to enable the city’s entire transport network to accept payment via contactless debit and credit cards. The cooperation between TfL…

Gemalto and Standard Bank in South Africa combine payment and transport into one app

Just the ticket for speedier banking and bus travel Amsterdam – Nov 21, 2012 – Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is providing Standard Bank, one of the leading financial institutions in South Africa, with a multifunction EMV contactless payment card enabling users to pay for transit fares and other goods…

Bell ID Joins EMV Migration Forum

02 November 2012 (Rotterdam, The Netherlands)–Leading smart token management solution provider, Bell ID, has joined the EMV® Migration Forum, an independent, cross-industry organisation started by the Smart Card Alliance, to help drive forward and support the implementation of EMV payments technology in the United States (U.S.). With experience gained in the smart card, payments and…

Bell ID acquires Ecebs Ltd

Combined smart technologies and expertise will boost businesses; a priority is to speed up new developments available to the mobile transit ticketing sector 13 November 2012 (Rotterdam, The Netherlands) – Bell ID, a global provider of smart card/contactless/mobile and application lifecycle management, has announced the acquisition of East Kilbride, Scotland-based smart solutions business Ecebs Limited…

Discover financial services announces next steps for EMV deployment across the globe

Discover Introduces Global Chip Card Fraud Liability Shift Policy Across Discover, Diners Club International® and PULSE® Networks PULSE to Support EMV Chip-Based Debit Transactions to Align with Industry Deployment and Certification Efforts Riverwoods, IL–October 30, 2012–Discover (NYSE: DFS) today announced the next milestone in its global EMV deployment: a comprehensive strategy and roadmap that includes…

EMV Migration Forum Continues Support of U.S. Move to Chip-based Payments with December Meeting, Launch of Working Committees

PRINCETON JUNCTION, N.J., OCTOBER 15, 2012–Industry leaders from across the broad payments market are marking their calendars in anticipation of the EMV Migration Forum’s next meeting, to be held December 6-7 at Visa’s corporate headquarters in Foster City, CA. The Forum, an independent organization created by the Smart Card Alliance, supports the coordination of the…

Chicago Bus Operator Pace Selects Cubic for Open Payment System

Deal expands largest North America transit industry public private partnership SAN DIEGO, Calif., August 27, 2012–Cubic Transportation Systems has been approved by the Chicago Transit Authority to deliver the agency’s Open Standards Fare System (OSFS) to suburban bus operator Pace. The deal expands the largest North America transit industry public private partnership for fare collection…

Cubic Expands Los Angeles TAP Card System to LA Department of Transportation, the Region’s Second Largest Bus Operator

SAN DIEGO, Calif., July 30, 2012–The Los Angeles Department of Transportation (LADOT) is the newest member of the regional TAP smart card system in Los Angeles County designed and delivered by Cubic Transportation Systems, Inc., a business segment of San Diego-based Cubic Corporation (NYSE:CUB), and a leading integrator of payment and information technology and services…

New U.S. Patents Pertaining to NFC and Contactless Payment Strengthen OTI’s IP Portfolio

Iselin, NJ, June 25, 2012 – On Track Innovations Ltd. (“OTI”) (NASDAQ GM: OTIV) today announced that the United States Patent and Trademark Office has issued new U.S. patents to the company. These new patents deepen OTI’s involvement in the NFC market from hardware to application level. OTI’s New Patents Include: The “Retrofit Contactless Smart…