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People on the Move: MasterCard Makes Executive Changes to Mobile Team
By: Dan Balaban NFC Times Exclusive – MasterCard Worldwide has named James Anderson group executive for platforms, a key position inside the payment network, which is seeking to secure its role in...
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Samsung Announces Dates for Payments Launch; Signs Up for Visa Tokenization...
By: Dan Balaban NFC Times Exclusive Insight – Samsung Electronics today released exact dates for when it plans to launch its mobile-payments service, Samsung Pay–Aug. 20 in South Korea and the U.S....
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MasterCard Tokenization Launch Matches Visa’s, as Both Schemes Make Play for...
By: Dan Balaban NFC Times Exclusive Insight – MasterCard Worldwide Tuesday announced its hub-like commercial tokenization program, Digital Enablement Express, a widely expected move that matches a...
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EMVCo Promises Token Service Provider Registry This Year; Without it, Third...
Nov 17 2015 By: Dan Balaban NFC Times Exclusive Insight – EMVCo, the commercial standards organization owned by the world’s largest payment networks, has promised to have its registration process for...
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Provisioning Companies for Payments Wearables Say Devices Headed to Market;...
By: Dan Balaban NFC Times Exclusive Insight – As payments companies pin their hopes on wearables becoming the next wave of portable payments devices, not surprisingly there is more hype than...
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Visa Contends Move to Phase Out Alternate PANs Needed to Expand Range of...
Mar 8 2016 By: Dan Balaban NFC Times Exclusive Insight – Visa says its move to phase out bank-issued alternate PANs and promote tokenization as specified by EMVCo–including its own Visa Token...
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Analysis: Visa Provides One of Canada’s Largest Banks Tokenization and...
By: Dan Balaban and Istvan Fekete NFC Times Exclusive Insight – Toronto-Dominion Bank, one of Canada’s largest banks, is the first in the country to adopt Visa's tokenization technology and the third...
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Officials Seek to Welcome Apple Pay and Other ‘Pays’ to Taiwan; but Call on...
May 6 2016 By: Dan Balaban NFC Times Exclusive Insight – The issue over availability of tokenization services and whether the major global networks, such as Visa, are allowing for a level playing...
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Visa Policy on Alternate PANs Leaves Cardholders Out in the Cold in Taiwan
By: Dan Balaban NFC Times Exclusive – Fourteen banks in Taiwan launched mobile payments using host card emulation late last week or plan to do so in coming weeks, but none of the cards that the...
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Visa, Mastercard Set Deadlines for Ending Support for Alternate PANs
By: Dan Balaban NFC Times Exclusive – Both Visa and Mastercard have set deadlines for ending support for alternate PANs that a number of banks are issuing for their mobile payments apps, as the...
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Visa Blocks Singaporean Bank UOB from Using Own TSP to Tokenize Visa Cards...
Nov 1 2016 By: Dan Balaban NFC Times Exclusive – When United Overseas Bank in Singapore launched its mobile wallet app with host card emulation, UOB Mighty, in November of 2015, it was the first bank...
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Exclusive: Visa Locks Out Third-Party Token Service Providers; Sets Dates for...
By: Dan Balaban NFC TIMES Exclusive – Unlike at least some other major networks, including Mastercard, Visa has shown no intention of allowing third-party token service providers to tokenize...
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Visa Expands Token Service Provider ‘Partner’ Program, Though Most Vendors...
By: Dan Balaban NFC TIMES Exclusive Insight – Visa this week announced a new list of 13 “partner” companies to help it distribute and manage Visa-generated tokens, which the network giant is...
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Visa Ready Program May Not be Quite Ready for Tokenization Partners
Sep 15 2017 By: Dan Balaban NFC TIMES Exclusive – The Visa Ready program, Visa’s effort to get new digital payments services to the market sooner by giving vendors a fast-track route for their...
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Group Representing Big U.S. Banks Plans to Issue Own Tokens for Cards...
By: Dan Balaban NFC TIMES Exclusive Insight – The Clearing House, a group of the largest banks in the U.S., announced its first plans to tokenize cards branded by a major network, as the banks seek...
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First Data Expected to Begin Tokenizing Mastercard-Branded Cards Next Year;...
By: Dan Balaban NFC TIMES Exclusive – Big U.S. acquirer and processor First Data plans to generate its own tokens for Mastercard-branded card accounts next year, NFC Times has learned, and a source...
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Russian Telco MegaFon Makes Play in Mobile Payments Market With Virtual Bank...
By: K.N. Smith NFC TIMES Exclusive Insight – Russian telco MegaFon began issuing virtual Mastercard-branded bank cards yesterday, which its users can add to Apple Pay or Samsung Pay mobile...
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Major U.S. Networks Promote Online Commerce Spec, Seeking to Keep Digital...
By: Dan Balaban NFC TIMES Exclusive Insight – Major U.S.-based global networks, including Visa, Mastercard and American Express–hoping to keep transactions on their networks as more commerce goes...
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Visa Policy on Alternate PANs Leaves Cardholders Out in the Cold in Taiwan
By: Dan Balaban NFC Times Exclusive – Fourteen banks in Taiwan launched mobile payments using host card emulation late last week or plan to do so in coming weeks, but none of the cards that the...
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Visa, Mastercard Set Deadlines for Ending Support for Alternate PANs
By: Dan Balaban NFC Times Exclusive – Both Visa and Mastercard have set deadlines for ending support for alternate PANs that a number of banks are issuing for their mobile payments apps, as the...
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