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IndustryUpdate
ThreatMetrix said its solution offers three essential ben- grating BLE into Wirecard's wallet allows discounts,
efits: "frictionless" access for known and trusted com- special offers and loyalty schemes to be directly related
binations of accounts and devices, increased security to a customer's location within a store.
by identifying high-risk connections, and operational
efficiency via real-time application protocol interface- RESEARCH
driven big data analytics.
Card brands to support HCE for NFC Putting a dent in merchant attrition
In separate announcements, Visa and MasterCard said The Strawhecker Group study TSG Attrition & Growth
their NFC-based contactless payment technologies offers a critical analysis of merchant attrition and growth
would support a new feature in the Android mobile patterns over four consecutive quarters based on find-
operating system called Host Card Emulation (HCE). ings collected from a database of 1.8 million merchants.
Visa said HCE allows any NFC application on an Category breakouts include the U.S. region, merchant
Android device to emulate the payment characteris- dollar volume, merchant account open date and statisti-
tics of a smart card, thereby letting users wave-to-pay cal data based on Standard Industrial Classification code
with smartphones in store, while permitting cardholder groupings.
accounts to be hosted securely in the cloud. MasterCard
said HCE enables contactless payments without the IADs poised for growth
need for a secure element (housed inside the smart card
chip) on mobile devices. Despite myriad challenges facing U.S.-based indepen-
dent ATM deployers (IADs), from Europay/MasterCard/
Wirecard showcases BLE-enabled wallet Visa migration to interchange reductions, many remain
optimistic about the future according an annual survey
At the 2014 Mobile World Congress in Barcelona, co-sponsored by the ATM Industry Association and
Wirecard AG presented its mobile wallet, now enhanced Kahuna ATM Solutions. Of the IADs surveyed, 32.5
with Bluetooth low energy (BLE) technology. BLE allows percent plan to grow their businesses over the next 12
smart devices to communicate with back-end networks months; 20.3 percent said portfolio growth is their pre-
while consumers are in stores. Wirecard said that inte- ferred method.
24
ThreatMetrix said its solution offers three essential ben- grating BLE into Wirecard's wallet allows discounts,
efits: "frictionless" access for known and trusted com- special offers and loyalty schemes to be directly related
binations of accounts and devices, increased security to a customer's location within a store.
by identifying high-risk connections, and operational
efficiency via real-time application protocol interface- RESEARCH
driven big data analytics.
Card brands to support HCE for NFC Putting a dent in merchant attrition
In separate announcements, Visa and MasterCard said The Strawhecker Group study TSG Attrition & Growth
their NFC-based contactless payment technologies offers a critical analysis of merchant attrition and growth
would support a new feature in the Android mobile patterns over four consecutive quarters based on find-
operating system called Host Card Emulation (HCE). ings collected from a database of 1.8 million merchants.
Visa said HCE allows any NFC application on an Category breakouts include the U.S. region, merchant
Android device to emulate the payment characteris- dollar volume, merchant account open date and statisti-
tics of a smart card, thereby letting users wave-to-pay cal data based on Standard Industrial Classification code
with smartphones in store, while permitting cardholder groupings.
accounts to be hosted securely in the cloud. MasterCard
said HCE enables contactless payments without the IADs poised for growth
need for a secure element (housed inside the smart card
chip) on mobile devices. Despite myriad challenges facing U.S.-based indepen-
dent ATM deployers (IADs), from Europay/MasterCard/
Wirecard showcases BLE-enabled wallet Visa migration to interchange reductions, many remain
optimistic about the future according an annual survey
At the 2014 Mobile World Congress in Barcelona, co-sponsored by the ATM Industry Association and
Wirecard AG presented its mobile wallet, now enhanced Kahuna ATM Solutions. Of the IADs surveyed, 32.5
with Bluetooth low energy (BLE) technology. BLE allows percent plan to grow their businesses over the next 12
smart devices to communicate with back-end networks months; 20.3 percent said portfolio growth is their pre-
while consumers are in stores. Wirecard said that inte- ferred method.
24
