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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.

It was good to be back! Money 20/20 Europe 2021 brought together key players from throughout payments for a series of presentations and debates on the key concerns and opportunities within the industry. From global leaders to dynamic startups, the event brought together over 1,500 people to share thoughts and ideas.

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.

Indian payments technology firm Uvik specializes in mobile payment solutions. Its SoftPOS solution can turn Android phones with contactless technology into payments terminals without additional hardware. Both local and global banks are working to adopt the solution to reduce costs and drive financial inclusion for small and medium retailers.

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.

The trend towards biometric authentication has been further accelerated by the global pandemic. Hygienic touchless identification solutions have become critically important. And, with customers already familiar with using biometric solutions on their phones, the growth of this industry only looks to continue. In this blog we will evaluate this growth and discuss some of the potential opportunities and challenges that lie ahead.

Digital payments have sky-rocketed in popularity as consumers have sought new, more hygienic ways to pay. SoftPOS payments offer numerous benefits to consumers and merchants alike. Comprised of software solutions that run on Android Commercial Off-The-Shelf (COTS) devices, they can enable digital payment acceptance in a cost-effective and simple way.

In today’s frequently changing payments landscape, stakeholders are embracing new technologies to reflect shifting consumer behaviors. One such technology is SoftPOS, a solution which uses Commercial Off-The-Shelf (COTS) devices to accept contactless payments. In fact, 41% of small business owners are investigating the possibility of accepting payments via mobile device.

Qonto is the European leader in Business Finance management for SMEs and freelancers founded by Steve and Alexandre Prot. More than a bank, Qonto simplifies everyday banking, accounting and expense management for more than 150,000 businesses, with its fast and innovative product, responsive customer service and transparent prices.

The global digital payment market is expected to reach $236.10 billion by 2028. With much of this growth attributed to the emergence of new technologies, those looking to capitalize on the growth of digital might not know where to start.

The Japanese payments market has long been something of a paradox. On the one hand, Japan boasts the third-largest economy in the world and is a culture synonymous with high-tech and innovation.

SmartPesa develops payments and agency banking solutions for merchantsand banks across the globe. Using an intuitive mobile app and / or card terminal, merchants enjoy a simple unified one-stop solution for accepting smart multi-channel payments online and offline, instant access to transaction histories and automated reconciliations....

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.

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