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] 

Visa is teaming with Turkey’s Akbank and vendor DeviceFidelity to launch a new microSD-based contactless mobile payment system.

Akbank customers will be able to insert DeviceFidelity’s In2Pay microSD into their handsets’ memory card slots, turning them into contactless payments devices that can be used with Visa payWave terminals.

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Visa Europe has announced that 12 million of its contactless payment cards are expected to be in circulation in the UK by the end of this year - a marked leap from the previously estimated 10 million.

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A new payment card from Visa has recently been made available in Europe. The card, called CodeSure, will be designed specifically for conducting more secure online transactions.

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Canadian Retail Solutions (CRS) and YESpay International have partnered to deliver EMV chip and PIN managed card payment service to Canadian customers. YESpay’s EMBOSS is an EMV chip and PIN accredited and PCI-DSS Level 1 certified managed payment service.

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AT&T and Verizon will launch trials of their new contactless payment system - codenamed Mercury - at markets in Minneapolis, Atlanta, Salt Lake City and Austin, Texas according to fiercemobilecontent.com.

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AT&T Inc., Verizon Wireless and T-Mobile USA are reportedly teaming up to launch a contactless mobile payment pilot in Atlanta and three other cities, according to bloomberg.com.

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