Fime accredited to support adoption of digital healthcare in India. July 26, 2022

Read the news

You are using an obsolete browser (Internet Explorer < 11). For a safe user experience use the latest version.

Industry leading insights.

Get industry leading insights on the latest payment trends.

Odoo • Text and Image

Transport ticketing has rapidly evolved in the digital age. As recently as the 1990s, closed loop systems based around paper tickets or tokens were the norm. This resulted in a poor user experience. Lines to purchase tickets were often long, and turnstile throughput was inefficient. Today, passengers can use a smartcard or even their phone as their ticket, utilizing contactless and Near Field Communication (NFC) functionality to tap-and-go.

ELAN is a Taiwan-based company specializing in fingerprint sensors and integrated circuit design technology. After years of successfully developing solutions for laptop touchpads, ELAN has recently diversified into the mobile and payments ecosystem. Utilizing their innovative Match-on-Chip fingerprint sensors, ELAN is working to adapt their technology to deliver a secure, seamless biometric authentication solution for mobile and card payments.

Today, contactless cards provide a fast and frictionless payment experience, where up to a certain value, the normal cardholder verification method of entering a PIN is not needed. It has revolutionized payments for low value items.

Fime is now supporting the certification of point of interaction (POI) solutions in line with the latest nexo standards implementation specifications. Based on nexo Fast specifications and nexo ISO 20022 protocols, the certification harmonizes the behavior and communication between the terminal, the acquirer host and the estate management system.

Transport ticketing has rapidly evolved in the digital age. As recently as the 1990s, closed loop systems based around paper tickets or tokens were the norm. This resulted in a poor user experience. Lines to purchase tickets were often long, and turnstile throughput was inefficient. Today, passengers can use a smartcard or even their phone as their ticket, utilizing contactless and Near Field Communication (NFC) functionality to tap-and-go.

Fime has been recognized by Mastercard to test solutions in line with the Mastercard’s Enhanced Contactless specifications. The Ecos specifications look to future-proof contactless solutions against new technologies such as quantum computing. This allows consumers, merchants and financial institutions to benefit from enhanced convenience, trust and privacy.

After several months of research, 16 banks representing 5 European countries (Belgium, France, Germany, the Netherlands and Spain) approved the official launch of a new European payment scheme called the European Payments Initiative (EPI) on July 2nd 2020. In this series, we explore the purpose of the initiative and how it plans to achieve its ambitious goals.

mada is the brand name for the payment scheme in Saudi Arabia. mada central payment switch processes all inter-bank automated teller machines (ATMs) transactions and directly drives all point-of-sale (POS) terminals on behalf of acquirer banks throughout the country.

As None [1] data breaches continue to rise globally, protecting the integrity of customer data (especially in the payments world) is vital. One essential security standard helping keep such data sec...

PCI DSS has been around for a long time but, shockingly, some payments actors do not take it seriously and others do not even know if they fall under its scope.

fluctuat nec mergitur. Ensure readiness of your terminal for payment scheme approval. * Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla quam velit, vulputate eu pharetra nec, mattis ac neque. Duis vulputate ...

In this Q&A, we speak to Pierre Aurel, Product Manager at Synthesis, to learn more about how FIME supported them to achieve the first automated Mastercard TEI accreditation for a new SoftPOS solution.

Share your challenge.

Our Fime experts are here to help you make innovation possible,
from defining, designing to delivering and testing your products
and services.

Contact us