Secure Transactions News
Some news from the Secure Transactions Industry are here. A lot more are in Smart Insights Weekly.
The European Central Bank (ECB) has launched a market consultation on the user requirement for the development of a settlement service for real-time instant payments in central bank money, billing 2017 as a "decisive year" for the success of innovative retail payments services in Europe.
After a couple of quiet months, Alphabet’s self-driving car project is moving out of the X research lab, gaining a brand and becoming an independent business. The new company is named Waymo and will sit alongside other fledgling business including Fiber, Nest and Verily within Alphabet.
Visa and MasterCard have signed an agreement intended to accelerate the adoption of tokens in Visa Checkout and Masterpass, the companies' respective digital wallets.
Gemalto has entered into agreements to acquire 3M's Identity Management Business for US$ 850 million (EUR 804.6 million).
American Express announced it has acquired InAuth, a provider of mobile device authentication and intelligence solutions.
At the opening of Trustech 2016 in Cannes, France, Eurosmart, a consortium of technology providers with a strong expertise in the management of digital security within hostile environments, presented its annual forecast of worldwide secure element shipments. The overall growth trend has continued in 2016 and is also confirmed by the 2017 forecasts. Eurosmart expects the number of secure elements shipped in 2017 to exceed 10 billion.
The end of roaming fees in the EU inched closer as the European Parliament agreed new limits on wholesale roaming rates. Members of the European Parliament (MEPs) agreed a cap of EUR 0.03 per minute on voice calls, EUR 0.01 per text message, and a gradually decreasing cap on data, starting at EUR 4 per GB, falling to EUR 1 per GB.
The prize winners of the Sesames Awards 2016 were announced
The European Banking Authority has brought forward proposals for how it will implement what is called strong customer authentication (SCA).
The Sesames awards are a competition showcasing innovation and providing media exposure. The prize winners will be presented at Trustech, an event dedicated to trust-based technologies in Cannes, France on November 29 - December 1, 2016.