Tuesday , April 23, 2024

Search Results for: "contactless cards"

ViVOtech Reveals It Is Kicking the Tires of Hypercom’s U.S. Assets

ViVOtech Inc., a payment hardware and software provider specializing in near-field communication (NFC) technology, on Thursday said it is interested in buying the U.S. assets of Hypercom Corp., the point-of-sale terminal maker in the process of being acquired by rival VeriFone Systems Inc., San Jose, Calif. Santa Clara, Calif.-based ViVOtech …

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Fiserv Deals Propel It Deeper into Mobile Products And Prepaid

Banking processor Fiserv Inc. announced a trio of acquisitions in a 24-hour period that included picking up Atlanta-based mobile-banking technology provider Mobile Commerce Ltd., known as M-Com.  Brookfield, Wis.-based Fiserv also announced it is acquiring Maverick Network Solutions Inc., a Wilmington, Del.-based prepaid card processor, and Credit Union On-Line Inc., …

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With Signed Merchants Onboard, Isis Looks at Transit, Fast Food, Groceries

The new Isis mobile-payments venture has recruited some merchants as it builds the acceptance side of its network, the Isis executive overseeing the merchant effort said on Wednesday. “We do have signed merchants at this point,” Jim Stapleton, head of sales and account management at Isis and a veteran of …

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New York’s Open-Fare Transit Plan Starts Down the Development Path

After about four years of testing, the New York City area’s Metropolitan Transportation Authority is beginning the process of building a fare-payment system based on general-purpose contactless cards. MTA officials tell Digital Transactions News that they plan to publish a so-called Concept of Operations, a document outlining the agency’s broad …

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Vancouver’s New Fare System Paves the Way for Contactless Bank Card Transit Payments

Vancouver’s public-transportation authority has selected a $220 million fare-payment system from Cubic Transportation Systems Inc. that includes a transit-only reloadable contactless card but also the ability to accept general-purpose contactless cards. Replacing proprietary fare cards with systems that add transit capabilities to contactless credit and debit cards issued by banks …

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Discover Starts to Roll out Its Zip Contactless Payment System

After an extended testing period, Discover Financial Services is rolling out its Discover Zip contactless payment system. The card network says an undisclosed number of cardholders began receiving contactless cards in the mail Nov. 15, while others received contactless stickers that attach to their mobile phones or other items. More …

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Interac Launches Contactless PIN Debit Cards in Canada

Contactless debit cards will make their formal debut in Canada next year with the launch of Interac Flash from Acxsys Corp.’s Interac Association, Canada’s national debit network. Interac’s first two Flash issuers are Scotiabank and RBC Royal Bank, which will roll out their first contactless cards next summer. The first …

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Once ‘Bearish,’ a Payments Researcher Smiles on Mobile Payments

The rapid development of mobile payments in the U.S. is starting to make believers out of skeptics. Boston-based Aite Group LLC, a payments consulting and research firm, had been one of those skeptics, but it released a report on Wednesday predicting U.S. mobile payments of all kinds will total $214 …

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Gemalto Combines One-Time Codes, Payments in a Credit Card

Gemalto, a maker of payment cards, said on Wednesday it had developed the first credit card that can generate one-time passwords and also function in point-of-sale devices. The product, which the company calls the Ezio card, is immediately available in commercial quantities in the U.S., though so far no domestic …

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