Friday, May 20, 2011

EMVco Publishes: Guide to EMV

A Guide to EMV

A Guide to EMV provides an introduction to the EMV Specifications, processes and the role of the technology within the wider payments industry. Of particular interest to parties migrating to EMV, it summarises implementation considerations for issuers, acquirers and merchants, as well as the responsibilities of EMVCo and its ongoing activity to advance the technology.

Effective DateVersionDescriptionDownload
May 20111.0A Guide to EMVDownload
May 20111.0A Guide to EMV: PresentationDownload

PowerPoint: Mobile 2011: Flurry on Trends in Apps

paidContent Mobile 2011: Flurry On Trends In Apps

Mobile Lowdown 5-20-11: More Apple Cloud; NFC UK; iPhone China; WP7 Verizon


Our look at some of the big stories in mobile today: Apple (NSDQ: AAPL) files patents that point to a cloud service; two UK operators launch a long-awaited NFC payment service; Verizon gets its first Windows Phone 7 device; and is the first 4G iPhone going to appear in China?
  • Apple Cloud: On the heels of yesterday’s news that Apple has apparently inked a deal with EMI for streaming music, the patent blog Patently Apple has uncovered a patent filed back in Q4 2009 by Apple describing how a cloud-based music service would work. The big question: is this a smokescreen; a single bullet from the patent scattergun; or the real thing?
  • NFC: Just when you thought you had heard enough about plans for NFC, at last we are now starting to see some actual commercial rollouts.Yesterday, Telefonica-owned O2 in the UK announced its first partners for its as-yet unnamed mobile wallet service. They include Visa Europe, Wave Crest, FIS and Intelligent Environments. Not to be outdone, France Telecom’s Orange today launched Quick Tap, its NFC service, in partnership with Barclaycard and MasterCard, along with the first handset for the service, the Tocco by Samsung. Both are going live this summer.
  • Verizon: Nearly a year after Microsoft (NSDQ: MSFT) launched its latest mobile operating system, the biggest carrier in the U.S. is finally getting its first Windows Phone 7 device, the HTC Trophy. Will be interesting to see how this impacts WP7’s small market share, and whether Verizon will give it nearly as much fanfare as it did the iPhone when Apple’s device first went on to its network this year. (So far, the single press release marks a significantly different approach.)
  • iPhone 4: In March, the chairman of China Mobile, Wang Jianzhou, made a speech in which he said that Steve Jobs expressed interest in developing an iPhone that would work on the country’s 4G standard, TD-LTE. Mr Wang either knows something, or is simply hoping that in saying the same thing over and over, he might will it to come true, because he’s been making the same remarks again. China has 600 million mobile users, and is apparently afflicted with an illness called “Apple fever”, two facts that are surely not lost on the Cupertino-based company.
  • AT&T: And speaking of the iPhone, in the U.S. AT&T (NYSE: T) is the subject of a new lawsuit from users who claim that it has overcharged them by up to 300 percent for using data on the devices. AT&T denies wrongdoing.

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The Evolution of Credit Card Security...Some Might Say the Lack Thereof

From Investopedia  
The world of credit card security comes with an entirely new language. Words like "skimming," "shoulder surfing" and "phishing" may sound less criminal than stealing, but they are, in fact, ways in which money and personal details can be stolen off your credit card. There does not seem to be any definitive global figures on losses from credit card fraud, but a study last year by Aite Group suggested that card fraud costs the U.S. card payments industry about $8.6 billion annually, with the bulk of the losses falling on card issuers. The numbers are staggering, and the cost of fraud will only get worse if the proper technologies are not developed. The main problem the card providers face is keeping one step ahead of the criminals. Here are some of the anti credit card fraud tools and technologies in place to protect our credit cards, and what basic protection steps we should also be taking.  <<read more at Investopedia>
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Report: Google Pays $4.9 Million for Defunct Mobile Company, Modu's Patents

According to CNET, Google is reportedly reinforcing its mobile patent portfolio.

The company has paid $4.9 million for the patents of now-defunct Israeli company Modu, according to an Israeli business newspaper called Calcalist.

Read more:

O2 Partners with Visa to Deliver Mobile Wallet in Second Half of this Year

O2's mobile wallet will “hold” money on behalf of customers to enable them to make purchases via their smartphones, send money to other people, top up their credit and shop through their device’s browser and apps. The telecoms company will also relaunch its Visa O2 Money prepaid cards with contactless capabilities.
O2 Money will partner with Visa to deliver its “mobile wallet” contactless payment service in the second half of this year

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Near Field Communication Podcast: 361 Degreess Episode 4 - NFC

361 Degrees podcast episode #4 - NFC

Published by Rafe Blandford at 14:59 UTC, May 19th 2011
Following on from the firstsecond and third episodes, here is the fourth episode of the 361 Degrees podcast. This is a podcast all about mobile technology, created by Ben Smith of Wireless Worker and co-hosted by Ewan MacLeod of Mobile Industry Review and Rafe Blandford of All About Symbian. The fourth episode features discussion on NFC - what is it, what does it do and what are some of the issues surrounding its deployment.
In Episode 4 we recap Ewan's recent Unlimited Drinks event and then set about discussing the hot-topic of the moment... NFC (Near Field Communication). With help from 'special guest' Raymond Lee an expert from Consult Hyperion we discuss:
  • What is NFC?
  • How and where could it be deployed?
  • Who the key players are and some potential conflict
  • Ben's frustration that the focus on 'mobile wallets' ignores better uses
  • Ewan's view that Apple could be the company to move NFC payments into the mainstream
  • Rafe's concern that the global standards needed will be tripped up by the number of organisations involved 

In working together to create the 361 Degrees podcast, Ben, Ewan and I hope to create an offering that would offer the readers, of all our sites, a sampling of a broader range of topics than we might usually cover individually. We're keen to hear your feedback so please leave your comments below, or on one of the other sites hosting the audio content.

About 361 Degrees

361 Degrees is a podcast all about mobile technology. From consumer to enterprise and from fun to industry analysis, we investigate and discuss mobile technology and the mobile industry.
You can follow and subscribe to 361 Degrees on the dedicated mini-site, on Soundcloud, on Audioboo, at Wireless Worker, at Mobile Industry Review, here at All About Symbian, with an RSS reader or podcatcher, or via iTunes.
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NFC Resources: White Papers, Analyst Reports and Videos

White Papers

Mobey Forum has released a white paper which examines the role of the secure element in advancing the mobile financial services ecosystem.  

Executive Summary
Security is one of the fundamental elements of any payment solution. Financial Institutions increasingly seek to mitigate the risk of fraud in order to protect their customers and hence their own payment franchise. Enhanced security on plastic cards requires a so-called "Secure Element (SE)" - like a chipcard - to store the bank's payment credentials (security keys) and other critical data. One example is the introduction of "Chip and PIN" (EMV chip-based security) on cards in Europe to replace magstripe-based systems. While the direction for plastic cards seems clear, the Industry is looking for ways to secure Mobile Payments at a comparable level. The question is then, which SE in the mobile handset is available to facilitate the mass-market introduction of secure
mobile payments? Mobey Forum has taken this topic as a subject of the current White Paper. It elaborates on the question how different Secure Elements (SEs) can enable Financial Institutions (FIs) to offer Mobile Financial Services (MFS) and hence empower the take-off of the MFS ecosystem. It is targeted at business managers in Financial Institutions. For them, it strives to clarify the business implications of the various technical SE alternatives. 

The Benefits of Mobile NFC for Air Travel
GSMA and IATA have joined forces to develop this initial common understanding of the opportunities that mobile NFC could bring to the air-traveler.  

This document identifies the  benefits that Universal Integrated Circuit Card (UICC, also known as the “SIM card”)-based, mobile Near Field Communications (NFC) services can bring to the airline industry, airport authorities and the air-traveller. GSMA and IATA have joined forces to develop this initial common understanding of the opportunities that mobile NFC could bring to the air-traveler. This forms the basis for future collaboration to 
develop the ideas and concepts presented in this document. Six different use cases have been defined where mobile NFC can bring great benefits to the airlines, airport authorities and the airtraveller, namely: 

  •  Passenger check-in
  •  Baggage check-in
  •  Security check-point
  •  Lounge access
  •  Boarding 
  •  Post-flight

Each use case is introduced and the benefits to each party defined.This will form the basis of further, more detailed, collaborative work to be conducted by GSMA and IATA. The primary focus of the white paper is on the improvements brought by mobile NFC to airline and airport operations and the benefits that innovative services can bring to the customer’s journey 

Trusted Service Management: The Key to Accelerating Mobile Commerce
As major players struggle to define their roles in the emerging mobile commerce ecosystem, how they enable one critical service will make all the difference between slow and rapid acceptance of mobile commerce by consumers. 

NFC (Near Field Communication) chip: NFC chips enable mobile devices 
to send account information to contactless payment readers at customer check-outs and other points of sale. These NFC chips can also read 
information stored in contactless-enabled tags placed on objects such as advertising collateral and consumer products 
Secure element: The secure element is a smart card module (USIM, 
embedded secure element or separate secure element like a secure SD memory card) used for storing and accessing applications and data in a 
secure manne
Mobile payments – Keep Moving
Capgemini presents an approach for financial institutions to seize the opportunities presented by emerging mobile payment technologies.
Mobile Retail Initiative
In order to help retailers adapt to the new technology, the National Retail Federation has launched its Mobile Retail Initiative to offer best practices and learning opportunities for retailers entering the mobile space.
Proximity Mobile Payments: Leveraging NFC and the Contactless Financial Payments Infrastructure
Smart Card Alliance:  Now, virtually every industry group involved in the transaction chain is investigating the use of mobile payments. And mobile payment will soon be a standard transaction method for payment in many North American merchant locations.
European Payments Council (EPC) publishes NFC white paper
EPC has published a white paper which examines the ways in which NFC technology could be used to deliver compatible mobile phone-based payments services across the 32 countries of the Single Euro Payments Area (SEPA).
Near Field Communication Forum’s White Paper on Use of NFC in Public Transport
Produced by NFC Forum members who are involved in the transport ecosystem, the 33-page illustrated White Paper will be of interest to transport operators, transport authorities and other stakeholders, offering an introduction to the potential uses, benefits, and setup of NFC technology in public transport programs.
Analyst Reports
The 110-page report explores how stakeholders can unite to exploit this growth market and substantially increase revenues in the coming years.
U.S. Mobile Payments: The Time Has Come
A new report from Aite Group provides a roadmap to mobile payments in the United States.
Lessons from the Mobile Payments Leader: What the World Can Learn from the Japanese Market
Using the Japanese model, Celent identifies ways for the US and other countries to learn how to lay the groundwork for faster, more successful implementations of mobile NFC payment solutions.
Cell Phone Mobile Payment Market Set for Take Off
Global usage of near field communication (NFC) technology in cell phones is expected to begin an explosive growth phase starting next year, paving the way for a boom in the mobile payments business.
Case study: Mobile payments – Keep moving
Mobile payments are a hot topic of conversation right now. One of the major international card providers, Visa Europe, has added its significant weight to the discussion by announcing a tie-up with mobile payments specialist, Monitise.


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Isis Invites "Everyone" to it's NFC Effort

Isis appeals to web giants to join its NFC initiative

Isis appeals to web giants to join its NFC initiative Venture of three US cellcos says it welcomes Google and Apple, also Sprint and the smaller US banks

. . . → Read More: Isis appeals to web giants to join its NFC initiative

Who will deliver swipe-and-pay first?

ePayments Week: Who will deliver swipe-and-pay first? Isis invites everyone into its NFC effort, rumors swirl around Apple retail, and mobile banking is on a tear.
by David Sims | @ndwoods | Comment   | 19 May 2011
Swipe-and-pay cometh

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PaymentOne Corporation Named a Finalist for the 2011 Red Herring Top 100 North America Award

Leader in Mobile Payments and Carrier Billing Recognized for Strong Performance and Innovation

SAN JOSE, CA--(Marketwire - May 19, 2011) - PaymentOne Corporation®, a global leader in mobile payments and carrier billing, today announced that it has been selected as a Finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. PaymentOne shows great promise and therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."
"With over 5 billion mobile devices worldwide, m-commerce and m-payment opportunities have become ubiquitous. Virtually every connected device now becomes a potential point of sale," said Joe Lynam, PaymentOne President and CEO. "This recognition by Red Herring further underlines the financial strength, experience, and premier position PaymentOne has in carrier billing and mobile payments markets."
Finalists for the 2011 edition of the Red Herring 100 North America award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.
The Finalists are invited to present their winning strategies at the Red Herring North America Forum in Hollywood, California, June 13 - 15, 2011. The Top 100 winners will be announced at a special awards ceremony the evening of June 15 at the event.
About PaymentOnePaymentOne Corporation, one of the world's fastest growing payment service providers, is a global leader in carrier-based billing for landline, broadband and mobile payments. The company pioneered payment with "no credit card required" and has a 12-year track record in payment services that connect digital merchants, social media publishers, content providers and network operators. PaymentOne has generated over $4 billion in new digital revenue for brand name clients, including Blizzard Entertainment and America Online. AnyPhone™ connects with over 1100 network operators and enables over 3 billion worldwide consumers in 67 countries to simply bill digital purchases on any device to their existing mobile, broadband, or home phone bill. The company has a robust patent portfolio covering fraud prevention, authentication, and alternative payments. PaymentOne is privately held and headquartered in the Silicon Valley. To learn more or call 800-747-4028.
About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.
PaymentOne, AnyPhone, and PayOne are registered trademarks or trademarks by PaymentOne Corporation. All other brand names, product names, or trademarks belong to their respective holders.

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