The new member will participate in market-specific task force discussions, with particular reference to the management of secure chip applications deployed within the mobile services sector.
“GlobalPlatform is hugely authoritative within the smart card and smart device field,” comments Zhongkui Yuan, Software Manager at SHHIC. “With the association’s technology spanning multiple markets – including card and mobile payments – its specifications deliver a complete security management framework. It is therefore essential for our current and future product offering that we engage with the organization. We hope to align our products with the latest GlobalPlatform Specifications and draw on the association’s knowledge in order to enhance our product development.”
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.