Secure Transactions News
Some news from the Secure Transactions Industry are here. A lot more are in Smart Insights Weekly.
JPMorgan Chase has agreed to acquire MCX’s payments technology to help expand Chase Pay, the mobile and digital wallet for Chase customers. MCX, a network of America’s largest merchants, was the premier launch partner for Chase Pay in October 2015 (cf. Smart Insights Weekly #15-45). The transaction is expected to close in the coming weeks.
Intel announced a US$ 15 billion (EUR 13.9 billion) deal to acquire Mobileye. Israel-based Mobileye specializes in collision-avoidance sensors for vehicles. Intel plans to combine the company with its Automated Driving Group unit.
The Smart Card Alliance, the US-based organization known for propelling the adoption of smart card technology as the global standard for payment, identity, access and mobile application security, announced it is expanding its charter to include a broader range of security and privacy-enhancing technologies. To reflect this expanded mission, the Smart Card Alliance will be changing its name to the Secure Technology Alliance.
Indian government prodded all banks to move to the Aadhaar Pay platform at the launch of IDFC Aadhaar Pay - the Aadhaar linked cashless merchant solution, offered by IDFC Bank.
Gemalto, the world leader in digital security announces its results for the full year 2016.
Commuters will be able to use their contactless credit and debit cards issued by MasterCard to pay for bus and train journeys from March, 20, 2017, according to Land Transport Authority (LTA) and MasterCard.
Gemalto is presenting the newest release of its On Demand Connectivity and eSIM technology for Windows 10 devices, in connection with Microsoft. Gemalto's release is compliant with the latest specifications and guidelines for remote SIM provisioning as laid out by the GSMA.
Giesecke & Devrient is supplying NTT Docomo with an eSIM consumer management solution - AirOn v4.2. This is one of the world´s first commercial projects for eSIM management based on the latest GSMA RSP phase 2 specification, addressing consumer devices.
Smart Insights: IoT to generate EUR 21.5 billion in revenues for security solution providers by 2022
Intelling is publishing a new Smart Insights Report “Security solutions to expand smart IoT markets” that analyzes the Internet of Things (IoT) security business opportunity. IoT is the major technological revolution since the rise of internet. Every industry and market segment is embracing the IoT opportunity; by 2022, there will be 27 billion connected devices. Security will be a key driver for IoT growth.
Google Assistant, the intelligent personal assistant integrated into Google Home, the Allo app, Google Pixel and Android Wear, looks set to offer a payments service as part of its tool suite.