By Ram Banerjee, Director, TransaXiom Limited. Aid programs (or any programs that requires managing large amounts of displaced populations), are notoriously poor at accountability when it comes to cash distribution. ...
On Track Innovations Ltd. (oti), a global provider of near field communication (NFC) and cashless payment systems, has introduced a new product lineup with feature enhancements designed to support entry into new markets and industry verticals. “oti has a rich history of innovation and world-class NFC technologies,” said the company’s CEO, Shlomi Cohen. “As we […]
Masabi, a leader in transit mobile ticketing and innovative fare collection, and Transit App, North America’s leading urban transport application, say they are to partner to simplify the transit experience through mutual integration, providing a seamless link between real-time customer information, journey planning, and ticket purchase. The partnership will see Masabi and Transit App exchange […]
The Dallas Area Rapid Transit (DART) has selected Vix Technology to implement a new, state-of-the-art comprehensive fare payment system. The solution will be delivered through Vix’s eOTM (easy and open) product: an account-based, open payment and PCI compliant fare collection platform. This new system will allow DART customers the flexibility to pay via NFC-enabled smartphones, […]
BNP Paribas is running a trial of OT MOTION CODE™ with 1000 French customers. The dynamic security code solution replaces the 3-digit static code located on the back of the card, used to confirm online payments. The dynamic security code is designed to effectively combat payment card fraud, in which hackers obtain the payment information […]
Micropross announced today the reception of the EMVCo issued approval letter, stating that EMVCo had successfully qualified Micropross’ EMVCo Contactless L1 PICC and mobile analog test tool according to the brand new 2.5 test specification. This means, EMVCo authorized test laboratories can now start to deploy this new version in order to perform debug and […]
CardFlight, a company working in mobile point of sale (POS) technology announced that its suite of mobile solutions has been certified by First Data, a global leader in commerce-enabling technology and solutions, to accept EMV “chip card” payments. This will enable merchants to accept EMV payments on iOS and Android devices ahead of the October […]