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February 2006 • Volume 11 Number 2 |
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Member News Citizens Financial Group introduces MasterCard PayPass™ to provide Citizens Bank and Charter One customers with a simpler way to pay with debit cards Citizens Financial Group, Inc. announced that in its continuing effort to be an industry leader in convenience and service, it is providing Citizens Bank and Charter One Bank customers with MasterCard® PayPass™ contactless payment technology on their debit cards. PayPass offers simpler, speedier card transactions at thousands of merchants worldwide by enabling “Tap N Go™” payments. [ read the full release ]
On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, announced today that it has received initial orders in Costa Rica. “EasyFuel”. EasyFuel is wireless solution for petroleum payment management and loyalty programs for oil companies, commercial transport and transportation fleets, and private motorists. This follows EasyFuel expansion to Peru and other countries in the region. [ read the full release ]
StepNexus Inc., the premier provider of the world's first open, high-security, multi-application, smart card operating system MULTOS, has acquired Hive Minded Inc., the company that created and licenses NectarTM smart card .NET technology based on Microsoft .NET. [ read the full release ]
The Holding company of the MULTOS technology, the world's first open, high-security, multi-application, smart card operating system, today revealed its new corporate identity, StepNexus Inc. [ read the full release ] Identity touches on many everyday activities, including air travel, banking, driving, obtaining medical services and accessing buildings and computer systems. As such, it is vital for identity information to be trusted and kept secure in order to prevent crimes involving false or stolen identities that can cause sizeable security risks and financial losses. [ read the full release ]
MasterCard International today celebrated the launch of OneSMART™ MasterCard® PayPass™, the industry’s first internationally accepted, dual-interface contactless EMV payment solution, in Malaysia. PayPass combines both contact and contactless interfaces on one chip, enabling regions where EMV smart cards predominate, such as the Asia/Pacific, to reap the speed and convenience benefits offered by contactless payments. [ read the full release ]
Executives from the retail and payments industries are invited to join a free webinar, Contactless Payments: A New Era of Payments for Retailers, hosted by the Smart Card Alliance Contactless Payments Council in partnership with the National Retail Federation STORES magazine. The webinar will feature guest speakers from KeyBank, Chase Paymentech Solutions and Wawa to discuss their first-hand experience with the benefits of contactless payments. [ read the full release ]
SuperCom Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a leading provider of smart card and electronic identification (e-ID) solutions, today announced that R. James Woolsey, former Director of Central Intelligence and one of America’s preeminent authorities on security issues, will be Chairman of the Company’s newly created Advisory Board. [ read the full release ]
Hypercom Corporation (NYSE: HYC) today announced that its 32-bit Optimum multi-lane payment terminals have been tested for compatibility with IBM SurePOS? Application Client Server Environment (ACE) Version 5.0, the newest point-of-sale application for IBM cash register systems. This ensures plug-and-play connectivity between Hypercom‚s Optimum payment terminals and IBM solutions used by many of the major supermarkets, chain drugstores and other mass retailers in the U.S., significantly broadening the market for Hypercom‚s Optimum devices. [ read the full release ]
MasterCard International and Citi today announced that they will be working with the Metropolitan Transportation Authority and MTA New York City Transit to conduct a trial of contactless payments in select New York City subway stations with pre-selected Citi customers. The trial is scheduled to begin in the Spring of 2006 and is expected to last approximately six months. [ read the full release ]
Integrated Engineering, a leading powerhouse in contact less smart card readers, releases its new “e-Passport Add-on”. The “e-Passport Add-on” is an auto-detect open book reader for all ISO 14443 level 4 A & B chips. The e-Passport Add-on is able to read the chip regardless the position of the inlay in an open book, including shielded passports. With this reader every existing infrastructure, at for example airports, can be ready for the next generation e-passports. [ read the full release ]
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