Posts Tagged ‘Payments’

Listen up, America: Australia gives a lesson in swift contactless migration

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Posted on 17th Oct 2013 by in Corporate

Recently the CBA (Commonwealth Bank of Australia) came forward with a vital lesson learned from their migration to contactless payments: get the education piece right, and you’ll pave the way for a faster, smoother contactless migration. According to one CBA official, contactless migration in Australia was weighed down by lack of education and poor change […]

Money2020 bringing together technology and payment leaders for the future

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Posted on 10th Oct 2013 by in Corporate

Money2020 has been full of interesting insights on new and developing payment technologies. Payment players from across the spectrum have gathered for Money2020 this week in Las Vegas, from start-ups to those who have been in the industry for decades. With so many payment power players under one roof, I wonder how many years of […]

Gartner highlights EMV and NFC trends in recent Hype Cycle Report

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Posted on 24th Sep 2013 by in Corporate

In its recently released Hype Cycle for Financial Services Payment Systems report, Gartner gave warning of increasing payment card fraud in the U.S., highlighting EMV (‘chip and pin’) payment cards as the preferred solution. According to Gartner, “U.S. banks should recognize that fraud will likely increase exponentially and with little warning. They should develop an EMV-centric […]

The Truth About EMV in the US: How Easy is EMV for Merchants?

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Posted on 6th Aug 2013 by in Enterprise Security

EMV is a hot topic among merchants, banks, and card issuers in the U.S.  Along with the new technology comes an abundance of rumors, myths, and half-truths.  We recently discussed two important questions, Is EMV Coming or Not?, and Can We Skip EMV and Jump Straight to Mobile Payments?  Today we’re discussing a popular EMV […]

Is ‘after the fact’ fraud fighting enough to save Medicare?

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Posted on 23rd Jul 2013 by in Corporate

Two years ago we asked the question: Can smart cards save the Medicare system $30 billion per year? While there has been some success in combating Medicare fraud in the US, we still do not have an answer to this question because the implementation of a smart card program has yet to come to fruition. […]

What does it take to upgrade to EMV in the U.S.?

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Posted on 16th Jul 2013 by in Corporate

EMV is quickly approaching in the US. There is no doubt that a wave of implementation is upon us. Successful migration to EMV will involve making changes to all payment systems, processes and procedures, so it is important to for card issuers and merchants alike to begin the implementation now. Lately banks and processors have […]

The Truth About EMV in the US: Can We Jump to Mobile Payment and Skip EMV?

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Posted on 9th Jul 2013 by in Enterprise Security

As part of our blog series, The Truth about EMV, we’re discussing some popular misconceptions and myths surrounding EMV payment technology.  Earlier this month we discussed the fundamental question, is EMV coming to the United States or not?  The answer was a resounding yes, EMV is well on its way to becoming a dominate payment […]

The truth about EMV in the US: Is it coming or not?

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Posted on 25th Jun 2013 by in Enterprise Security

If you are a frequent reader of this blog, then you know that EMV is coming to the US.  But for many of the individuals and organizations impacted by the change to the US payments infrastructure – like consumers, card issuers, processors and merchants – EMV is a new technology. As with any technology shift, […]

Wallet Wars 2013 – A New Hope

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Posted on 30th May 2013 by in Mobile

As I mentioned in my last blog, I was lucky enough to attend the high-spirited Wallet Wars conference in New York earlier this month. In amongst the action, it became apparent that the general consensus is that the mobile wallet can become big business, but it still has a number of hurdles to overcome. More […]

Collaborating to drive mobile commerce in the Middle East

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Posted on 22nd May 2013 by in Mobile

The next time you’re in Dubai, see if you can spot the fast-moving commuters on the RTA public transport network. If you look closely, you’ll probably see they are using Go4it cards, launched by UAE bank Emirates NBD 16 months ago and whose success was celebrated at Cards & Payments Middle East earlier this month […]