News

Card-not-present (CNP) fraud could be all but eliminated thanks to a revolutionary card security innovation set to be rolled out by Oberthur Technologies (OT) next year. OT has developed a dynamic back-of-card security CVC/CVV code that changes every hour on an e-paper panel.

Jack Lu, CEO of PAX Global, and Gilberto Novaes, regional sales director, offer some thoughts on new markets and the challenges of integrating online and offline payment solutions

Nuco International will launch Nu eCard, a card made of stone at CARTES, which it says outperforms traditional plastic cards and could cut landfill and other environmental impacts.

According to a new market research report Fleet Management Market by Components, Technologies and Services (Fleet Analytics, Vehicle Tracking & Fleet Monitoring, Telemetric, Vendor Services), by Fleet Vehicle Types (Trucks, Light Goods, Buses, Corporate Fleets, Container Ships, Aircrafts) - Global Forecast to 2019, published by MarketsandMarkets, the Fleet Management Market is expected to grow from US$12.06 billion in 2014 to US$35.35 billion by 2019, at an compound annual growth rate (CAGR) of 24.0 per cen

As part of its Logistics for Cycling campaign, the Freight Transport Association (FTA) has today published Shared Vision, a document setting out examples of the work logistics companies are doing to improve safety on the roads for vulnerable road users – pedestrians, motorcyclists and especially cyclists. The FTA document provides a flavour of the wide range of initiatives that companies are implementing which they and the Association believe will result in improved safety on the roads. Action includes

Evaluation of the crash effects of section control, or average speed enforcement, carried out at 14 sites in Norway has found a reduction of the number of injury crashes by between 12 and 22 per cent and a statistically significant reduction of the number of killed or severely injured road users (KSI) by between 49 and 54 per cent. Each section control site consists of a stretch or road between two speed cameras (four speed cameras at sites with bidirectional section control), both of which take pictures

Cubic Transportation Systems is to integrate On Track Innovations’ (oti) Wave near field communication (NFC) device into its NextWave mobile mass transit platform, adding NFC capability to virtually any smartphone or tablet through the audio jack. Launched in September 2013, Cubic’s NextWave platform simplifies the complexities of deploying mobile services by providing a cloud-based solution that integrates closed- and open-loop contactless fare systems, payment processors, mobile networks, NFC platforms

The Swedish Transport Administration has placed an order with Sensys Traffic, as part of their 2013 agreement, for automatic traffic safety control (ATC) systems. The US$12.5 million order is for the continued replacement of existing ATC systems and the installation of new ATC stations in 2015. "Business with the Swedish Transport Administration has gone very well since starting up in July 2013," says Sensys CEO Johan Frilund. "As our service organisation has grown, our relationship with the Administrati

Innovations in mobile ID technologies will soon enable secure identification and authentication, as well as instant access to critical information. And it is governments in less mature markets which will probably be the first to adopt these new technologies. This is because mobile phone use is very high in developing nations and government-to-citizen ID programmes have been moving towards electronic IDs.

Ensuring the security of payment systems is essential to maintain consumer confidence. The conference track ‘EMV: Challenges and benefits’, looks at ways of improving that security. When a customer uses his payment card in a store, he expects that the system will be secure. The interaction between EMV payment cards and POS terminals is strictly controlled.

Electronic payment solutions provider PAX Technology is determined to push into new markets after success in Brazil and China. Already, 300,000 Brazilian customers have received solutions using PAX D-series MPOS products (D180, D200 and D210) and the company insists there is more to come.

The emerging mobile shopping trends and technologies of the near future will be on show in the dedicated Connected Commerce Area at this year’s CARTES SECURE CONNEXIONS. Eleven hardware, service and payment solutions pioneers will offer hands-on demonstrations of emerging shopping solutions, says Angelo Caci, ADN’Co deputy director.

Shoppers have never used as many high-tech, electronic devices as they do today. While browsing in a shop, customers can also browse the internet for pricing information on their purchases. Technology can deliver a better shopping experience than ever before. Speakers such as Laetitia Gazel Anthoine, CEO of Connecthings, will examine how ‘mobile coupons’ helped steer people to McDonald’s stores in Barcelona.

Until recently, criminals were the main concern of customers using the internet to make electronic payments. The public believed that malware and hacking were the domain of people on the wrong side of the law. The revelation that many governments and their secret services – the ‘good guys’ – were also gaining access to millions of computers and other electronic devices was a huge shock.

Money is changing. Despite some widely-publicised recent problems, the Bitcoin system is now worth around €7 billion ($8.9 billion) and other ‘crypto-currencies’ such as Ripple are gaining momentum. The success of these pioneers shows that customers are increasingly ready to consider payment systems that are different from traditional dollars, euros and yen.