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Smart Card Alliance

Welcome to the News View for "Smart Card Alliance".

Here, on these archive pages, you'll find all of the articles on Payments News for Smart Card Alliance listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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February 05, 2015

Headline News from - February 5, 2015

On the Web:

On the Wires:

Glenbrook's 2015 Payments Education Schedule Now Available!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here:!

October 29, 2014

Headline News from - October 29, 2014

On the Web:

On the Wires:

  • Visa Inc. Reports Strong Fiscal Fourth Quarter Adjusted Earnings Per Share Growth of 17% and Full-Year 2014 Adjusted Earnings Per Share Growth of 19% and Announces a New $5.0 Billion Share Repurchase Program - "Our enviable competitive position, strong business model, and great talent helped us deliver adjusted EPS growth of 17% for the fourth quarter and 19% for the full year in the face of continued tepid economic growth and a strengthening dollar. More importantly, the underlying metrics which will drive our revenue growth over the longer term are strong and getting stronger," said Charlie Scharf, Chief Executive Officer of Visa Inc.
  • Poynt Introduces World's First Smart Payment Terminal - "Consumers carry connected supercomputers in their pockets while in-store technology still centers around a glorified calculator," said Poynt founder and CEO, Osama Bedier, former head of Google Wallet and long-time PayPal senior executive. "Solving for that disparity, we borrowed from the best in mobile technology to make the payment terminal smart and help small businesses rise to meet growing consumer expectations."
  • Cardlytics Raises $70 Million in Funding - "Led by Discovery Capital, this funding brings Cardlytics’ total venture funding to just over $170 million. Cardlytics intends to use the funds to continue to extend and expand the breadth of the company’s capabilities to make all marketing more relevant and measurable. Morgan Stanley acted as adviser on the deal."
  • U.S. Bank Simplifies B2B Electronic Payments - "The Payment Plus basic payment instruction file transmits payment instructions from the customer to U.S. Bank though a simple CSV (common separated value) file that is easy to use and fast to set up. Because it requires the completion of substantially fewer information fields than the standard payment instruction file, typical users won’t need dedicated IT resources to program it."
  • 2013 FDIC National Survey of Unbanked and Underbanked Households - "The survey addresses a gap in the availability of comprehensive data on the number of unbanked and underbanked households in the United States."
  • CARDFREE Partners with Taco Bell® For New Mobile Commerce Application - “Taco Bell is not only one of the largest QSRs in the country, they are one of the savviest marketers out there,” commented Jon Squire, founder and chief executive officer of CARDFREE. “We are extremely proud to be working with them on what is bound to be a game changer for the industry."
  • First Data Reports Third Quarter 2014 Financial Results - “Our results this quarter demonstrate how we are developing innovative products and solutions, collaborating with global brands and strengthening our balance sheet, all while continuing to grow our business,” said Chairman and CEO Frank Bisignano.
  • NRF Statement on Mobile Payment Services - "Merchants large and small make business decisions every single day based upon what makes the best sense for the business, their associates and most importantly, their customers. The payment systems they decide to implement are no different. Data security is paramount, but so is flexibility, cost and ease of use."
  • ShopKeep Introduces the ShopKeep Gift Card - "ShopKeep, the cloud-based small business technology provider trusted by more than 10,000 small business owners to manage retail shops and restaurants with iPads, today announced that it is expanding its product offering to include the ShopKeep gift card."

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here:!

December 09, 2013

Headline News from - December 9, 2013

On the web:

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here:!

May 16, 2012

February 01, 2012

Upcoming Payments-Related Conferences

SmartCard Alliance 2012 Payments Summit
The 5th annual SmartCard Alliance conference will be held February 8-10 at the Hilton Salt Lake City Center in Salt Lake City, Utah.

FinovateEurope 2012
The FinovateEurope 2012 Conference returns to London on February 7th, 2012 at the Old Billingsgate Market Hall in the heart of London.

Discover PAYMENTS 2012
The NACHA Payments 2012 Conference will be held April 29-May 2, 2012 in Baltimore, MD at the Hilton Baltimore.

February 08, 2011

Smart Card Alliance Outlines EMV Roadmap Options for U.S. Payments Industry

SmartCardAlliance logo 140pxEMV chip technology and the future of payments in the U.S. are the subjects of a new white paper recently released by the Smart Card Alliance Payments Council. The paper describes the current state of the payments infrastructure in the United States and identifies actions that stakeholders would need to take to move the whole country to EMV.

January 19, 2011

October 06, 2010

Mobile Marketing with SmartPhones

SmartCardAlliance_logo-140px.jpgMobile phones are becoming so prevalent with consumers today that marketers are increasingly using these devices to send coupons, promotions and loyalty-based offers directly to consumers' phones. The topic of “mobile marketing” and the related privacy and security considerations are addressed in a new white paper recently released from the Smart Card Alliance Payments Council entitled “Chip-Enabled Mobile Marketing”.

March 16, 2010

New White Papers from Smart Card Alliance Transportation Council

The Smart Card Alliance Transportation Council has announced the availability of two new white papers to help transit agencies who are planning to upgrade their fare collection systems. The white papers are: "Planning for New Fare Payment and Collection Systems: Cost Considerations and Procurement Guidelines" and "A Guide to Prepaid Cards for Transit Agencies". READ MORE »

February 09, 2010

NFC Forum Forges Links with EMVCo, GSMA and Smart Card Alliance

The NFC Forum has announced it has formed liaisons with three industry-leading organizations key to the NFC global ecosystem: EMVCo, the GSM Association and the Smart Card Alliance. According to the forum, "these liaisons broaden and strengthen the NFC Forum's collaborative ties with key associations and standards bodies across the NFC ecosystem. As a first step in the liaisons, the Forum has signed a Memorandum of Understanding (MOU) with each organization that outlines how they will collaborate to further the development of the NFC market and NFC-based solutions." READ MORE »

December 17, 2009

Smart Card Alliance Webinar: Top 10 Reasons U.S. Should Consider EMV

SmartCardAlliance_logo-140px.jpgEMV/chip technology will be the topic of a January 2010 webinar from the Smart Card Alliance, featuring speakers from Aite Group, Bank of Nova Scotia, KeyPoint Consulting and Visa on the reasons behind the global migration to this technology, and the possibilities for U.S. adoption.

The free educational webinar, "Top 10 Reasons for Considering EMV in the U.S," will take place on Tuesday, January 26, 2010 at 1:00 p.m. Eastern time/10:00 a.m. Pacific time. To register, please visit READ MORE »

October 20, 2009

Use of Contactless Chip Cards Can Reduce U.S. Payments Fraud

The Smart Card Alliance has released a new white paper titled "Fraud in the U.S. Payments Industry: Fraud Mitigation and Prevention Measures in Use and Chip Card Technology Impact on Fraud" developed by its Contactless and Mobile Payments Council.

"Criminals are known to exploit the weakest link in a payments infrastructure. With issuers in the rest of the world moving to EMV, it is likely that criminals are going to move counterfeit card activities to the U.S., attacking both U.S. and international issuers," said Randy Vanderhoof, executive director of the Smart Card Alliance. "If the United States wants to avoid an incoming tide of higher loss, the industry must be willing and able to make investments in emerging technologies." READ MORE »

September 14, 2009

Contactless Chip Cards as an Alternative to End-to-End Encryption

SmartCardAlliance_logo-140px.jpgThe Smart Card Alliance has published a new position paper titled “End-to-End Encryption and Chip Cards in the U.S. Payments Industry" that "proposes an alternative to end-to-end encryption, protecting cardholder data by using chip card technology, but in a different way than has been considered in the past."

Randy Vanderhoof, executive director of the Smart Card Alliance, said "In our paper we discuss a different approach optimized for the U.S. payment market: using contactless chip cards, including a dynamic cryptogram with each transaction and authorizing transactions online. This stands in sharp contrast to previous considerations of implementing 'chip and PIN' based on the full EMV standard. Instead, this proposal builds on what is already happening in the U.S. -- the issuance and merchant acceptance of contactless cards -- while keeping in step with globally interoperable EMV standards." READ MORE »

September 03, 2009

Best Practices for Promoting Consumer Use of Contactless Payments

The Smart Card Alliance's Contactless and Mobile Payments Council has published a new research paper titled "Issuer and Merchant Best Practices: Promoting Contactless Payments Usage and Acceptance" that identifies issuer and merchant best practices for driving consumer use of contactless payments. READ MORE »

February 23, 2009

Smart Card Alliance - Conference Agenda for CTST 2009

The Smart Card Alliance has announced the agenda for the CTST The Americas 2009 Conference being held May 4-7, 2009 at the Ernest N. Morial Convention Center in New Orleans. READ MORE »

October 16, 2008

What Makes a Smart Card Secure?

The SmartCard Alliance has announced a new white paper titled "What Makes a Smart Card Secure?" that was developed by the Smart Card Alliance Contactless and Mobile Payment Council’s Security Work Group "to provide an overview of smart card security features and other security designs inherent in smart card-based systems." READ MORE »

September 22, 2008

Smart Card Alliance Council Now Includes Mobile Payments

The Smart Card Alliance has announced that its Contactless Payments Council will expand its focus to include the topics of Near Field Communications (NFC) and mobile payments - renaming itself to the Contactless and Mobile Payments Council. It also announced new officers and steering committee, recent achievements, and upcoming projects. READ MORE »

September 17, 2008

An Update on Contactless Payments in the US

In a press release, the Smart Card Alliance reports that "after two years of fast growth in contactless payments, the verdict is in: Once consumers try contactless, they like it! And with large issuers including American Express, Chase, Citibank, Washington Mutual, Wells Fargo and many others issuing contactless cards, the number of users is growing fast." READ MORE »

September 08, 2008

Smart Cards in Mobile Payment/Near Field Communications Webinar

A new webinar series produced in partnership by the Smart Card Alliance and the Electronic Transactions Association (ETA) will hold its first webinar on the topic of "Smart Cards in Mobile Payment/Near Field Communications (NFC)" on September 25th from 1:00 p.m. to 2:30 p.m. ET. Registration is available for the event at READ MORE »

July 17, 2008

NFC-based Proximity Mobile Payments Collaboration Model

According to the Smart Card Alliance Contactless Payments Council, "eighty-six percent of industry stakeholders believe NFC-based proximity payments will be adopted, and it will happen with a “Collaboration Model,” bringing together banks, mobile operators, merchants, handset manufacturers and other service providers. The Council has published a new research report icon_PDF_small.gif detailing its findings including various stakeholders’ opinions on potential new sources of revenue from advertising, loyalty and rewards, co-branding arrangements, and customer fees for new services. READ MORE »

July 03, 2008

A Primer on Smart Cards

In his column this week titled "A Primer on Smart Cards", David Pogue writes for the New York Times about smart cards - saying that "smart cards have always fascinated me, especially when I read about their potential for streamlining small cashless purchases." Pogue interviews Randy Vanderhoof, executive director of the Smart Card Alliance.

June 16, 2008

Serving Unbanked Consumers in Transit with Prepaid Cards

The Smart Card Alliance Transportation Council has announced publication of a new white paper, "Serving Unbanked Consumers in the Transit Industry with Prepaid Cardsicon_PDF_small.gif, that examines how transit agencies can serve "unbanked" or "underbanked" individuals, including both the traditional approach of establishing retail sales outlets for fare media and a potential new approach of using network-branded prepaid cards. READ MORE »

June 13, 2008

Smart Card Alliance Introduces Online Smart Card Training

The Smart Card Alliance has begun offering a new online course titled "Fundamentals of Smart Card Technology". The online training course takes about six hours to complete and costs $99 per participant.

May 13, 2008

Smart Card Alliance Announces 2008 OSCA Awards

The Smart Card Alliance has announced the 2008 award winners for "Outstanding Smart Card Achievement" (OSCA) in the North American and Latin American smart card industry during its annual conference, taking place at the CTST 2008 The Americas Conference and Exhibition in Orlando this week. READ MORE »

March 18, 2008

Adoption of Contactless Payment for Retail, Transit Grows

The Smart Card Alliance’s first annual Payments Councils Summit held recently in Salt Lake City, Utah, reviewed the growth of contactless financial and transit payment markets in the US.


March 17, 2008

Co-Branded Multi-Application Contactless Cards

The Smart Card Alliance Transportation Council has published a new white paper titled "Co-Branded Multi-Application Contactless Cards for Transit and Financial Payment" that describes "an approach that leverages co-branded card marketing programs and the multi-application capabilities provided by smart card technology. The white paper is intended for mass transit agencies that are considering implementing a new contactless fare payment program or enhancing an existing program through collaboration with the financial community. It is also intended for financial payment card issuers, processors, and service providers who are considering working with mass transit agencies."


March 12, 2008

Contactless Payments Security

The Smart Card Alliance has published an FAQ on contactless payment security that applies "only to contactless payment using contactless smart card technology, as implemented by American Express, MasterCard and Visa." A PDF version is also available.

October 12, 2007

Highlights from the Smart Card Alliance Annual Conference

According to the Smart Card Alliance, "the vigorous take up of contactless payment in the United States and its future in mobile phones, plus a Mount Sinai Medical Center initiative to give patients control of their own health and hospital registration information, highlighted the Alliance's annual conference."


September 10, 2007

Mobile Payments: Leveraging NFC and the Contactless Infrastructure

The Smart Card Alliance has published a new white paper titled "Mobile Payments: Leveraging NFC and the Contactless Financial Payments Infrastructure" that concludes that "proximity mobile payment – because it leverages the well-established infrastructure of the financial payments industry, and because it is based on Near Field Communication (NFC) technology and the ISO/IEC 14443 standard – will become the mobile payment technology of choice for consumers using mobile phones for retail payment transactions in the United States."

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