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FIME has extended its GlobalPlatform test services to verify that a UICC product meets the functional requirements outlined in GlobalPlatform’s Contactless Services Specification. UICC products that achieve this certification will guarantee that a mobile contactless application performs in a consistent and industry agreed manner, regardless of the mobile handset which hosts them.  FIME has been [...]

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NXP Semiconductors today announced that the world’s largest bank, the Industrial & Commercial Bank of China (ICBC), has selected its SmartMX2 high security microcontroller to increase the security and performance of its banking cards. The new cards will have dual interface capabilities that will enable both contact and contactless payments. The high performance of the [...]

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PayX International has launched the new version of their highly successful ‘Acquiring and Switching Vendor Comparison’ report. As well as detailed product and company information and customer views, the newly updated 126 page report also includes new Issuer and expanded Mobile sections, the inclusion of new Vendors such as Opsol and updates on mergers & [...]

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National payments schemes must adapt to stay relevant, according to ‘The Outlook for National Payment Schemes in a Global Economy’, a survey of 17 of the world’s most significant national schemes conducted by Anthemis Group, the financial services investment and advisory group. Traditionally national schemes have tended to follow an incremental development approach but now [...]

The post National payment schemes must adapt or face marginalisation in a global world appeared first on Payments Cards & Mobile.

New research into UK customer loyalty in 2012 has revealed that, while banks top the list for customer loyalty, supermarkets are not far behind, opening the potential for loyal banking with supermarkets. 66% consumers surveyed were loyal to their bank, while 62% feel loyal to supermarkets. With Tesco launching a mortgage service in August, and [...]

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