<h4><b>The Dangers of CSN-only Smart Card Readers</b></h4> CSN stands for Card Serial Number a...
The Dangers of CSN-only Smart Card Readers
CSN stands for Card Serial Number and is the unique card serial number of a contactless smart card.
Contactless smart cards are one of the most secure identification technologies available – but they have to be used properly.
This summary explains the technology and why using CSN-only readers can give you a false sense of security.
Read more: https://goo.gl/ySfnsv
<h4><b>Thales 2018 Data Threat Report</b></h4> "Digital transformation is driving massive turm...
Thales 2018 Data Threat Report
"Digital transformation is driving massive turmoil. Change how you protect your data –
Or be breached. Again."
Full report here: https://goo.gl/UD3j6Q
<h4><b>Fit Pay Announces FlipTM - a Contactless Payment Device for Cryptocurrencies</b></h4> F...
Fit Pay Announces FlipTM - a Contactless Payment Device for Cryptocurrencies
FlipTM is a new contactless payment device that will enable cryptocurrency holders to use the value of their currency to make purchases at millions of retail locations.
"Not only does it seamlessly exchange cryptocurrency into dollars, it's contactless, giving users a simple tap-to-pay experience." - Michael Orlando, COO of NXT-ID and President of Fit Pay, Inc.
FlipTM uses NFC allowing it to transact payments at any retail point of sale location that accepts contactless payments.
The FitPay will begin taking pre-orders for Flip in February 2018 on a date to be announced.
Full Press Release: https://goo.gl/KKmVhS
<h4><b>Entrust Datacard and Gemalto partner to deploy effortless and affordable instant issuance<...
Entrust Datacard and Gemalto partner to deploy effortless and affordable instant issuance
The goal is to strengthen customer relationships and accomplish business goals with optimized time, increased activation and cost savings.
This is done by coupling Entrust Datacard's industry-leading instant issuance solution and ease of deployment with Gemalto's SaaS platform.
How it's done: Entrust Datacard's instant issuance printers are installed and set up at the branch. EMV cards can then be personalized and printed on-demand while the issuance software is hosted by and remotely managed from Gemalto's cloud-based SaaS infrastructure.
<h4><b>Wirecard has a new App</b></h4> Wirecard announced the launch of the new mobile solutio...
Wirecard has a new App
Wirecard announced the launch of the new mobile solution Wirecard ePOS App for the acceptance of common international payment methods on mobile devices for small and medium-sized enterprises (SMEs).
The app also has a user-friendly sales history accurately monitor sales histories and manage all sales activities, allowing them to build up a comprehensive customer analysis.
Read more on Wirecard: https://goo.gl/DX2yR1
<h4><b>ABI Research: Identity and Management of Things in the IoT a US$21.5 Billion Opportunity</...
ABI Research: Identity and Management of Things in the IoT a US$21.5 Billion Opportunity
They predict that IDoT (Identity of Things) services are expected to grow significantly over the next five years with most of the revenues being driven primarily by industrial, manufacturing, and automotive market verticals.
"Although certain verticals are still lagging in terms of security, IoT vendors are finally starting to invest more on encryption and device certificate management," Dimitrios Pavlakis, Industry Analyst at ABI Research.
“We are entering a transformational period where device IDs, system IDs, and user IDs are forced to merge under the hyper-connected IoT paradigms."
Full article: https://goo.gl/Ff4De9
<h4><b>Digital ID: How to Take the Perfect Staff ID Card Photo</b></h4> " What’s the most crit...
Digital ID: How to Take the Perfect Staff ID Card Photo
" What’s the most critical aspect of any ID card project? You guessed it, it’s taking the perfect staff ID card photo.
By following the steps below, you’ll hopefully achieve a professional result and make your colleagues feel proud of their ID card photo. "
Summary of the Steps:
5/ Take practice shots of numerous employees
7/ Make sure the camera has enough memory
Read the full article here: https://goo.gl/BipCH9
<h4><b>Singapore P2P lender Crowd Genie launches their own Cryptocurrency</b></h4> Under its I...
Singapore P2P lender Crowd Genie launches their own Cryptocurrency
Under its ICO, a total of 60 million Crowd Genie Coins (CGCOINs) are for sale at the price of: 1 Ethereum for 400 CGCOINs.
CGCOINs can be used to invest in loans on Crowd Genie’s platform which offers potentially higher yields than many banks. The platform integrates Ethereum blockchain technology to facilitate the use and operation of CGCOINs.
25-page whitepaper: https://goo.gl/8SxmvT
ICO website: https://goo.gl/2LVHUz
<h4><b>Dubai-based Workz ranked number one amongst world’s top card producers</b></h4> The Nil...
Dubai-based Workz ranked number one amongst world’s top card producers
The Nilson Report, the payment card industry’s auditor of global manufacturers, has ranked Workz Group as the number one scratch card manufacturer in the world.
Based in Dubai Production City, the company invested over $1M in upgrades to its SIM manufacturing facilities which will double its production capacity to over 100 million SIM cards per year.
Read more: https://goo.gl/YGCdFD
<h4><b>Big ATM makers warn of 'jackpotting' hacks on U.S. machines</b></h4> Cyber criminals ar...
Big ATM makers warn of 'jackpotting' hacks on U.S. machines
Cyber criminals are targeting U.S. cash machines with tools that force them to spit out cash in hacking schemes known as “jackpotting.”
Diebold Nixdorf Inc and NCR Corp, two of the world’s largest ATM makers, confirmed on Saturday that they had sent out the alerts to clients. The two ATM makers did not identify any victims or say how much money had been lost.
<h4><b>Ingenico: 2018 Payment Predictions (Infographic)</b></h4> View the infographic below to...
Ingenico: 2018 Payment Predictions (Infographic)
View the infographic below to see what industry experts predict will be the top payment strategies you should be considering in 2018.
See it here: https://goo.gl/sY2LVz
<h4>Throwback Thursdays - Now, this is how you make an effective video to showcase your products!...
Throwback Thursdays - Now, this is how you make an effective video to showcase your products!
<h4><b>Mastercard sets Biometric ID deadline for Banks</b></h4> Mastercard has committed to gu...
Mastercard sets Biometric ID deadline for Banks
Mastercard has committed to guaranteeing that every one of its customers will have access to biometric authentication services, including fingerprint and facial recognition, by April 2019.
The payments company said banks that accept Mastercard payments will have to support these identification mechanisms, in addition to PINs and passwords, to allow customers to make payments remotely.
<h4>Our industry's attempt at doing a Music Video... what do you think?</h4> Comment below.
Our industry's attempt at doing a Music Video... what do you think?Comment below.
What happened to SCIT after Demonetization happened in India?
Click to view the infographic inside~
Q: How did SCIT position themselves to benefit tremendously after Demonetization in India?
A: The proactive approach of SCIT maintains a clear first mover advantage compared to its competitors whom have adopted a ‘wait and see’ approach, which means that they are not in a position to meet customer expectations relating to demand and the timescale of supply.
Not utilizing Risk Management as a Business Differentiator
Click the image to reveal the Quotable Quote inside!
"My thoughts are that there are many acquirers who are missing the mark when it comes to utilizing risk management as a business differentiator."
- Sean Lam, Founder and CEO of Jewel Paymentech, a financial technology startup based in Singapore that specializes in de-risking payments acceptance.
<i><b>Trendy, or just Publicity?</b></i> <h4><b>OTI Accepts Cryptocurrency as Legitimate Purchas...
Trendy, or just Publicity?
OTI Accepts Cryptocurrency as Legitimate Purchase Payment
On Track Innovations - a global provider of near field communication (NFC) and cashless payment solutions, announced that they accept cryptocurrency as a way to purchase its cashless payment solutions.
"Bitcoin, Bitcoin Cash, Ethereum & Ripple Digital Currencies, amongst other digital currencies, have become the conventional bearer for cryptocurrencies, and we predict it will become a market standard in the future of global payment," says Shlomi Cohen CEO OTI Group.
<h4><b>G+D Wins €260 Million Contract in Egypt</b></h4> The Central Bank of Egypt has commissi...
G+D Wins €260 Million Contract in Egypt
The Central Bank of Egypt has commissioned G+D with planning and building an integrated plant for the production and processing of bank notes in Egypt’s new administrative capital, southeast of Cairo.
"Our solution modernizes the production of highly secure banknotes in Egypt, and contributes to safeguarding one of the country’s critical infrastructures with efficient technology,” said Dr. Wolfram Seidemann, CEO of G+D Currency Technology.
Construction of the new security complex is scheduled to complete in 2020.
<h4><b>Gemalto: 3 ways biometric technology will change the face of financial services</b></h4> ...
Gemalto: 3 ways biometric technology will change the face of financial services
Thanks to Apple's influence in affecting mainstream usage of biometrics and face recognition, more companies start to experiment with similar ideas.
Biometric authentication is gaining ground quickly because it offers twin benefits of enhanced security and greater convenience. Here are three ways it will change banking experiences in the months and years ahead:
1/ No more PIN codes
2/ Smart fraud detection
3/ A zero-UI future
Read further here: https://goo.gl/KzWDRw
<h4><b>Nigeria Set To End Foreign Printing of International Passports</b></h4> <i>"In order to...
Nigeria Set To End Foreign Printing of International Passports
"In order to create employment locally, conserve meagre foreign exchange and guard against the leaking of vital information."
A well-placed source in the ministry said that despite the amount of money being expended by the country to produce the document overseas, the security features they bear are not foolproof and tamperproof enough.
The firms handling the production of the essential travel document currently undertake the printing in countries like South Africa, Malaysia and Singapore.
Read more: https://goo.gl/L8ta5Z