Morpho (Safran) today announced that its Indian subsidiary, Syscom, has won the largest deal in India from State Bank of India (SBI), the country’s largest financial institution, for EMV (Europay, MasterCard and Visa) payment card issuance. The deal comprises end-to-end production, supply and personalization services of Visa, MasterCard & RuPay (India’s domestic payment card scheme)…
Major technological advances and economies of scale have enabled biometrics to gain strong momentum as a secure authentication factor to verify a customer’s identity in the areas of mobile banking and payment. Over the last two decades the technology has steadily proven its credibility in this market, attracting the strong interest of a number of…
ICICI Bank adds contact-less option in Pockets wallet This move by the country’s biggest private sector bank, could catalyse penetration of near-field communication. NFC, which stands for a set of wireless communication technologies called near-field communication, has been around for decades, but hasn’t really taken off in India. That might change in the months and…
BANKS, PAYMENT SCHEMES & PROCESSORS CAN USE BELL ID TOKEN SERVICE PROVIDER TO INTEGRATE WITH ANDROID PAY February 18, 2016 – Bell ID, the mobile payments specialist recently acquired by Rambus Cryptography Research, today announces it will support international issuing banks, payment schemes and processors to integrate with Android Pay. Bell ID customers can utilize its…