Identity in Payment, Banking, Transit, Loyalty, Parking

Gemalto chosen for Home Trust EMV card implementation project

Tuesday, July 27, 2010

The Canadian Visa vendor Home Trust has selected Gemalto to manage its migration to EMV smart payment cards. Up until now the company has supplied only magnetic strip payment cards. With the support of Gemalto, Home Trust will begin issuing the new cards through pilot programs in Ontario.

The hope of Home Trust is to completely covert to the EMV. The selection of Gemalto comes with microprocessor payment cards as well as data preparation and personalization. In addition Gemalto is providing training on EMV conversion to Home Trust associates. [end] 

Irish Life & Permanent (IL&P) financial service provider has selected Cryptomathic’s two-factor authentication solution to protect its customers against remote banking threats.

The Cryptomathic Authenticator was chosen because of its ability to integrate into the bank’s existing back-end infrastructure by operating as a standalone service. Additionally, the solution can interface with the IL&P’s two distinct internal systems: Open24 internet banking platform and GTX telephone banking system.

read more »

French researcher CEA-Leti announced that it has demonstrated a contactless, high-speed interface for smart cards. Leti has created a prototype of a complete phase modulation system, a reader and a card, that now achieves speeds of 6.8 Mbit/s. Phase modulation’s spectral characteristics are superior to those of amplitude modulation, allowing considerably higher speeds than the current limit of 848 Kbit/s.

read more »

In effort to develop more secure online transaction services, Kantara and the Open Identity Exchange have introduced their most recent collaborative effort in online trust ecosystems.

read more »

Gemalto today announced it will provide its Trusted Services Management service to support the launch of NFC applications in Thailand.

Gemalto is partnering with KASIKORNBANK, the country’s second largest bank, and with Advanced Info Services, the nation’s largest telecommunications operator, to provide NFC services to Thai consumers such as touch-and-go mobile payment.

read more »

Banco Del Bajio, a financial institution based in Mexico, has selected Gemalto to implement the Allynis Instant Artwork solution. Banco Del Baijo provides service primarily to the small to medium enterprise and agricultural sector. The use of the Gemalto product will enable the bank to order small quantities of smart payment cards with a unique artwork design, extending services to the secure EMV bank cards program.

read more »

Visa is teaming with Turkey’s Akbank and vendor DeviceFidelity to launch a new microSD-based contactless mobile payment system.

Akbank customers will be able to insert DeviceFidelity’s In2Pay microSD into their handsets’ memory card slots, turning them into contactless payments devices that can be used with Visa payWave terminals.

read more »