Silicon Valley-based Cimbal has announced the public launch of its software-based NFC payment network. The network, which the company claims is the first of its kind in the world, enables secure payment and peer-to-peer transactions using a smart phone instead of a plastic card. 

CA Technologies announces the purchase of Arcot Systems Inc. in an all-cash transaction of $200 million. The authentication and fraud detection software company is said to prevent fraudulent transactions for close to a million online credit transactions daily.

It is the hope of CA to combine their CA SiteMinder portfolio with the Arcot technology and create a comprehensive preventative solution for their customers. 

HID Global introduced a new line of direct-to-card FARGO printer/encoders. The new product line is made up of three models designed to meet the needs of small organizations to global enterprises. This is the first new line of printers introduced since HID purchased Fargo.

The line consists of the DTC1000 entry-level printer for small organizations; the professional-level DTC4000 printer for small- to medium-size organizations with more security and scalability requirements; and the advanced, DTC4500 professional printer for large corporations and government organizations with high-volume needs, says Ryan Park, senior product marketing manager for secure issuance at HID. 

PhoneFactor Inc. continues to grow its financial services roster announcing additions to its most recent clientele: Heartland Financial USA, OceanFirst Bank, Northway Bank, and CUANY Credit Union. The PhoneFactor solutions have been utilized by financial institutions as a way to protect customers using e-banking from online fraud. Additionally the PhoneFactor technology can authenticate bank employees for remote logins.

Multi-factor authentication is one solution banks can try to use to thwart cyber attacks. 

HID Global announced an extension of its secure access and identification solutions to secure print authentication. The company is partnering with multi-function printer manufacturers and their application partners to develop secure print authentication solutions that enable HID Global customers to use iClass credentials on printers to reduce print costs and increase security and compliance.

The program extends an organization’s existing security investment to incorporate multi-function printer solutions by using HID Global readers as well as HID Prox and iCLASS cards. By enabling employees to print documents when they have been authenticated to the device with their HID credentials, companies can reduce the amount of paper, toner and electricity used on a daily basis, saving money and helping reduce printing-related waste. 

Ceelox has announced that it has finished development of a prototype application that would use Ceelox’s fingerprint biometrics to enable biometric authentication in online environments such as corporate intranets, cloud computing networks and commercial applications like online banking and other personal account-based access.

The solution is designed as a two-factor authentication that uses fingerprint biometric in association with other credentials. 

Canadian Retail Solutions (CRS) and YESpay International have partnered to deliver EMV chip and PIN managed card payment service to Canadian customers. YESpay’s EMBOSS is an EMV chip and PIN accredited and PCI-DSS Level 1 certified managed payment service.

Because EMBOSS payment gateway for EMV card processing is pre-accredited with Chase Payment and First Data Merchant Services and PCI-DSS Level 1 compliant, Canadian Retail Solutions Retail Pro software is then already integrated with EasyV-Retail, a “ready to use” product available to merchants in a matter of days. The software is specifically designed for multi-store operations.