Online and Digital Identification, Securing Web 2.0, PKI and Digital Certificates

Visa Europe takes stake in Emue Technologies

Tuesday, November 17, 2009

Visa Europe has made an investment in authentication company, Emue Technologies.

Emue has been working with Visa Europe over the past 18 months to develop the Visa CodeSure solution which provides authentication and transaction security through a unique payment card with an embedded display, microprocessor and numeric keypad.


Multiple banks are piloting Visa CodeSure in the UK, Switzerland, Italy and Israel. Emue, which also counts the Australian partnership of Deloitte Touche Tohmatsu as a cornerstone investor, has been fine tuning its anti-fraud enabled payment card with Visa in Europe during the past 12 months. [end] 

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BW Bank, comdirect, DKB, Landesbank Berlin, TARGOBANK and Volkswagen Bank have all confirmed their plans to roll out payWave technology by the middle of next year.

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Identive Group Inc. has announced a deal to acquire a majority stake in Hamburg, Germany-based payment solution AG, a cashless payment system provider for stadiums, arenas and other types of entertainment venues.

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In Europe, the Association for Retail Technology Standards (ARTS) and EPASOrg has developed a new global standard to help accommodate changes in new payment technologies, according to SupermarketNews.com

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