Contactless Smart Cards, RFID, Payment, Transit and Security

DataCash purchases ACK Ltd.

Friday, June 13, 2008

DataCash Group has completed the purchase of ACK Ltd, a provider of card-processing software solutions. The international card-processing company said the total purchase price for ACK Ltd. will be approximately 3 million GBP.

DataCash indicated that the purchase of ACK Ltd. will accelerate the company’s move to provide a full service offering for markets using unattended and contactless payments including solutions for kiosk operators, vending service providers and ticketing operations. The merger will also extend its ability to process the card payments of UK and Republic of Ireland based retailers [end] 

The Smart Card Alliance Transportation Council has published a white paper examining how the transit industry can best make use of NFC technology.

“One of the major challenges facing transit agencies today is how to capitalize on the ever-growing popularity of mobile phones with a solid mobile strategy,” said Transportation Council Chairman Craig Roberts. “This white paper builds on the knowledge base developed in earlier white papers to foster a greater understanding of NFC technology, explain its role in the transit industry, and shed light on key issues facing the transit industry in developing a mobile strategy.”

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Visa Europe has announced that NFC-enabled smart phones from Samsung, LG and Research In Motion have been certified for use with Visa payWave, Visa’s mobile application for payments at the point-of-sale.

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MTN Irancell, one of Iran’s mobile operators, has teamed up with Etick Pars Intelligent Technologies and Bank Pasargad to develop a mobile wallet solution for the Iranian Market.

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Oracle has released a new version of Oracle Retail Point-of-Service that aims to increase security, operational efficiency and functionality in part by integrating biometrics.

Oracle partnered with DigitalPersonal to add integrated biometrics to the POS package. Users of the software will login using their fingerprint, which will replace the need for PINs or passwords. This feature intends to reduce fraud by eliminating the possibility of unauthorized employees using a manager ID or swipe card to access the POS and approve overrides.

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Turkcell, Turkey’s largest mobile operator, has expanded its Cep-T Cüzdan mobile wallet application to accept payments made with Akbank’s Axess credit cards.

Turkcell customers can now load their Akbank credit cards onto an NFC-enabled phone to make contactless purchases wherever Cep-T Cüzdan is accepted.

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Credit Agricole, a retail banking group based in Paris, is teaming up with Gemalto to launch a large-scale deployment of contactless EMV banking cards in France.

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