Stakeholders Driving Payment Evolution and Digital Identity

September 2013 ACTion Newsletter

IN THIS ISSUE:

  1. EDITORIAL - COMPETITORS OR PARTNERS?
  2. NEW MASTERCARD STUDY PUTS CANADA AMONG MOST ADVANCED IN THE WORLD FOR CASHLESS PAYMENTS
  3. GROUNDBREAKING SECUREKEY MULTI-FACTOR AUTHENTICATION SERVICE SIMPLIFIES MOBILE APP SECURITY
  4. MCDONALD'S TESTS APP THAT LETS YOU ORDER AND PAY VIA SMARTPHONE
  5. EMVCO MEMBERSHIP GROWS WITH DISCOVER
  6. NEW GIESECKE & DEVRIENT SIM CARD CAN HANDLE MULTIPLE NFC APPLICATIONS
  7. ROGERS RECEIVES AUTHORIZATION TO LAUNCH LOYALTY CREDIT CARD
  8. NEXT IMPORTANT STEP TAKEN TO HELP INTERAC COMPETE IN A RAPIDLY CHANGING MARKET
  9. CAPITAL ONE DROPS SUPPORT FOR ISIS MOBILE WALLET
  10. NEW RESEARCH DEBUNKS 'SHOWROOMING' MYTHS: SHOWS BRICK-AND-MORTAR RETAILERS HOW TO KEEP SMARTPHONE-WIELDING SHOPPERS SPENDING IN-STORE
  11. EMVCO QUALIFIES FIME'S LATEST AUTOMATED RF TEST TOOL
  12. CANADA POST TO LAUNCH DELIVERED TONIGHT SERVICE IN GTA
  13. UL ANNOUNCES QUALIFICATION OF CPV MODULE IN COLLIS EMV PERSONALIZATION VALIDATION TOOL BY MASTERCARD
  14. ROGERS BANK JOINS OBSI
  15. VERIFONE DELIVERS POS SOFTWARE PLATFORM FOR TABLETS TO ISOS AND ACQUIRERS
  16. INSIDE SECURE AND ADVANCED DIGITAL BROADCAST (ADB) PARTNER TO SECURE PREMIUM CONTENT MOBILE APPS
  17. MOBILE SECURITY MARKET CREATES SIGNIFICANT OPPORTUNITIES FOR TELCOS AND TECH FIRMS: KPMG
  18. OBERTHUR TECHNOLOGIES SELECTED BY NETS TO DEPLOY A MOBILE CONTACTLESS SOLUTION TO BANKS AND OTHER SERVICE PROVIDERS IN NORDIC COUNTRIES
  19. BELL AND HOWELL, NBS TECHNOLOGIES ANNOUNCE PARTNERSHIP
  20. ATMIA CANADIAN CHAPTER FORMS GOVERNMENTAL RELATIONS COMMITTEE
  21. NXP LAUNCHES NEW MIFARE PARTNER PROGRAM AND MIFARE LOGO
  22. TD BANK GROUP, AIMIA AND CIBC CONFIRM AGREEMENTS
  23. CPI CARD GROUP ADDS EMV CAPABILITIES AT FORT WAYNE, IND. FACILITY TO SUPPORT U.S. MIGRATION
  24. MOBILE PAYMENT COMPETITORS SQUARE AND INTUIT ANNOUNCE PARTNERSHIP
  25. WPASS UNVEILS UNIFIED SECURITY MANAGER: SAML 2.0 TWO-FACTOR SINGLE-SIGN-ON WITHOUT USERNAMES OR PASSWORDS

ACT Canada Partners:

ACCEO logo

ACCEO
The e-business operations expert, ACCEO Solutions is a leader in banking, accounting, and business software, SaaS solutions, and cloud computing. We also offer a wide range of specialized consulting services covering strategic advising, IT management and infrastructure, payment solutions, custom development, and full integration of our own and of our partners' ERP solutions.

Interac Logo

INTERAC
Interac Association is a recognized world leader in debit card services. Interac Association is responsible for the development and operations of theInterac network, a national payment network that allows Canadians to access their money through Interac Cash at 60,000 Automated Banking Machines and InteracDebit at 766,000 point-of-sale terminals across Canada. Interac Flash, a secure contactless enhancement of Interac Debit allows Canadians to pay for items instantly with their Interac chip debit card at a reader that supports Interac Flash.



ACT CANADA WOULD LIKE TO THANK OUR NEW & RENEWING MEMBERS:

PRINCIPAL

ATB Financial ~ member since 2006
Capital One ~ member since 2008
CIBC ~ member since 2011
Gemalto ~ member since 2005
HSBC Bank Canada ~ member since 2006
Manulife Bank of Canada ~ member since 2012
Visa Canada ~ member since 1995

GENERAL

A LA CARD Marketing & Consulting Services Ltd. ~ member since 2004
American Express ~ member since 2008
Berkeley Payment Solutions ~ member since 2012
Multos International Pte Ltd ~ member since 2007
Nano Tech Security Corp ~ new member
TSYS ~ new member
YESpay International ~ member since 2008

ASSOCIATE

Mohawk Council of Akwesasne ~ member since 2010
Norton Rose Fulbright Canada LLP ~ new member


JOB OPPORTUNITIES

LOOKING FOR GOOD PEOPLE?

There is a lot of movement in the market, so if you are looking for new employees, we are always aware of some great people. Please contact ACT Canada for more details – postings@actcda.com


CALENDAR OF EVENTS

Money2020
October 6-10, 2013
Las Vegas, NV, USA
www.money2020.com

Cardware Connections & ACT Canada AGM
October 23, 2013
Toronto, ON
http://www.actcda.com/calendar/act-canada-events/cardware-connections.html
This is a complimentary member only event - seating is limited

21st Annual ATM, Debit & Prepaid Forum
Oct 20 - 23, 2013
Bellagio
Las Vegas, NV
http://www.paymentssource.com/conferences/atmdebit/
ACT Canada members receive a $200 discount

GlobalPlatform Presents the Trusted Execution Environment (TEE): Next Generation Mobile Security for Today and Tomorrow
October 31, 2013
Santa Clara, California
http://www.globalplatform.org/TEEevent/ 

Emerging Mobile Payment Systems
November 4-5, 2013
Toronto, ON, Canada
http://www.osgoodepd.ca/cle/2013-2014Fiscal/2013_emerging_mobile_payments/index.html

5th Annual Mobile Money Canada Conference
Nov 13, 2013
Steam Whistle Brewery
Toronto, ON
http://www.mobilemoneycanada.com
ACT Canada members receive a 25% discount

Cartes
November 19-21, 2013
Paris, France
www.cartes.com

Smart Card Alliance Members Conference
December 8-10, 2013
Coral Gables, FL, USA
www.smartcardalliance.org

Cardware 2014
June17-18, 2014
Marriott Gateway on the Falls
Niagara Falls, ON, Canada
http://www.actcda.com/calendar/act-canada-events/cardware/


1. EDITORIAL COMMENT - Competitors or Partners?
Source: Catherine Johnston, President & CEO, ACT Canada (09/30)

Remember when Apple first introduced the iPod? It changed the music business. Then came the iPhone, causing incumbents to scramble. Those incumbents were not just handset manufacturers. They were also traditional companies that offered apps to their customers. Suddenly Apple was making it possible for new app developers to reach consumers directly – and they did! Some of the apps dealt with aspects of shopping and payment. The app that your bank or merchant might have made possible in the past; the app that would have carried their brand, was now offered by the developer and was a consumer pull, not a bank or merchant push.

So how do we turn this situation into an advantageous environment? First, we can cut costs by not having to pay all the development costs for new apps. The challenge though, is to ensure that those apps meet our needs.

I recently met with a developer who is designing a mobile app that could have great consumer appeal. Both financial institutions and merchants might want to make it available to their customers, but there is a problem. For the developer, it is a bigger-than-a-breadbox challenge, but I think it might be a very tiny problem. In order to resolve it, the developer needs to know who to talk to in the financial sector.

We have always believed in the value of bringing stakeholders together to help our members increase their profits, reduce costs and manage risks. We are going to bring this app developer and a number of others together with ACT members at our October Cardware Connections. This is a first of many steps that will help shape this growing market. I encourage you to join us to advance your goals.


2. NEW MASTERCARD STUDY PUTS CANADA AMONG MOST ADVANCED IN THE WORLD FOR CASHLESS PAYMENTS
Source: CNW (09/23)

MasterCard unveiled a new global report "The Cashless Journey" that identifies Canada as one of the countries closest to being nearly cashless, along with Belgium and France, putting it among the most advanced countries in the world for cashless payments. Much of this success can be attributed to early adoption of payment innovations like PayPass Tap & Go technology, EMV Chip migration, a modern payments infrastructure, and the rapid emergence in Canada of NFC payment ready terminals.

The report, produced by MasterCard Advisors, tracks how 33 major economies are progressing from cash-based to cashless societies and identifies new technologies, government programs and consumer preferences as key factors that are driving this shift, creating more productive and inclusive economies.

"The increased adoption of electronic payments has propelled Canada to leapfrog other countries and secure a top spot as nearly cashless. In other words, Canadian's are comfortable with and prefer using other forms of payment and have been at it for years! What's interesting, though, is that the real and significant cost of cash for consumers and merchants is never discussed. Canadian businesses, government and consumers ultimately benefit from the safety, security and transparency of the innovative payment solutions that MasterCard develops every day," said Betty K. DeVita, President, MasterCard Canada.

Key findings of MasterCard's "Cashless Journey" report include
- Of the $63 trillion in total global consumer spend in 2011, 34 percent ($21 trillion) was done with cash, with cashless payments accounting for 66 percent ($42 trillion)
- Non-cash payments account for 90% of the total value of consumer payments in Canada
- Cash accounts for only around 10% of the total value of all consumer payments in Canada, and it only accounts for a little more than 40% of the number of transactions
- Countries including the United States (where an estimated 80% of the value of consumer spend was cashless), and Singapore (69%) are considered to be approaching a "tipping point" to becoming nearly cashless
- Emerging economies such as India (32%), Russia (31%) and Nigeria (10%) are just embarking on their cashless journey - in many cases they are shifting cash share at a faster pace than their more developed peers thanks to factors such as a growing middle class

A supplementary white paper also looked at the negative economic consequences of a cash-heavy economy and bad behaviours like corruption, and bribery. The study finds a tight correlation between cash and the ease of doing business in a country. The World Bank calculates its Ease of Doing Business scores as a product of several other measurements of business difficulty. These include factors such as how hard it is to start a business, access to credit, enforceability of contracts, and insolvency laws. The research showed clearly that:
- Countries where it is harder to do business appear also to be countries where consumers make more payments using cash.
- Credit and the ability to adjudicate credit are hurt in cash-intensive economies
- Cash-intensive economies are less productive per capita as cash is the only way corruption and bribery grow - impediments to business
- Cash and corruption go hand in hand. Research shows a strong link between the two as a preference for cash may be driven by a need for anonymity for payer and payee
- Countries with cash payments and larger gray markets do not appear to have larger average tax burdens than those with fewer cash payments and smaller gray markets

MasterCard Advisors' research indicates that how ready a country is to move from cash to cashless is determined by factors like the accessibility and affordability of financial services; the scale and market share of retailers; the level of technology that is available; and participation of consumers in the formal economy. However, in countries such as Germany (where an estimated 76% of the value of consumer spend was cashless), Japan (62%), Spain (54%) and Taiwan (43%), cultural behaviour appears to be keeping cash usage higher than market conditions would suggest.

Methodology:
The "Cashless Journey" report measures nations' progress towards more modern, efficient payment processes by looking at the current share of cash versus non-cash payments for consumers (Share), how this share has shifted in the past five years (Trajectory), and whether conditions exist for cash payments to move to electronic (Readiness).

The report measures three components of progress:
- Share: the percentage of the value of all consumer payments (including utility, government, medical, loan, P2P payments for goods or services as well as merchant payments at retail point of sale) that are presently done by a means other than cash
- Trajectory: a measure of the shift in cash share of consumer payments' value between 2006 and 2011
- Readiness: a measure of the future potential for conversion of cash payments to electronic payments

MasterCard is a member of ACT Canada; please visit www.mastercard.ca.


3. GROUNDBREAKING SECUREKEY MULTI-FACTOR AUTHENTICATION SERVICE SIMPLIFIES MOBILE APP SECURITY
Source: SecureKey (09/25)

SecureKey introduced its enhanced cloud-based briidge.net Connect multi-factor authentication service. This latest version of briidge.net Connect incorporates the new briidge.net Connect Mobile SDK, which enables developers to easily add robust multi-factor authentication capabilities into iOS and Android mobile apps. With the Connect SDK, developers can embed capabilities like QuickCode secure PIN and zero-touch device authentication into high-value apps such as retail banking, mobile payment, content subscription, social media and others, simplifying the user experience and reducing the user password management burden for service providers.

"With this release, we have renamed our briidge.net Enterprise Service to briidge.net Connect to better reflect its use in providing strong authentication for consumer-facing markets, helping users connect to online and mobile applications in a simple, trusted fashion," said Andre Boysen, executive vice president of marketing for SecureKey. "By adapting our hardware-based briidge.net DNA technology to create this software-only version for mobile devices, we can now offer the strongest and easiest-to-use multi-factor authentication solution of its kind in the industry for today's installed base of smartphones and tablets."

SecureKey's software-only solution is modeled after a hardware secure element and uses the same standard GlobalPlatform security protocols to ensure that each device can be uniquely identified and verified by the briidge.net Connect Service using an out-of-band channel.

The new Connect SDK offers ubiquitous strong security for any mobile app on Android and iOS platforms, including the new iPhone 5S and 5C devices, and provides seamless migration to hardware-based security. With increased mobile app security, service providers can introduce more high-value services, attract more customers and gain competitive advantage.

The briidge.net Connect Service also includes the briidge.net Connect mobile app — downloadable from the iTunes and Google Play app stores—that supports single-click, out-of-band web authentication on mobile devices for simple and secure online account sign-ins and transaction confirmations.

Both the Connect SDK and the downloadable Connect mobile app employ briidge.net DNA technology to provide unique device IDs for a wide range of applications supported by the briidge.net Connect Service. SecureKey briidge.net DNA technology is already embedded in Intel IPT-enabled PCs, laptops and Ultrabooks shipped to consumers since 2012.

By providing a reliably unique device ID across mobile platforms, the Connect SDK allows developers to create mobile applications with uniform device-based authentication. It also enables the briidge.net Connect Service to be used in combination with existing third-party, platform-specific device fingerprinting solutions as part of an overall risk-based authentication system.

The new QuickCode feature in the Connect SDK enables organizations to replace hard-to-type usernames and passwords in their mobile apps with fast, easy to enter, server-verified PINs. Stronger than either a mobile app PIN or an online password, the user QuickCode acts as a multi-device PIN — synchronized across all of the user's enrolled devices, providing a consistent experience across the devices they use to access services.

SecureKey is a member of ACT Canada; please visit www.securekey.com.


4. MCDONALD'S TESTS APP THAT LETS YOU ORDER AND PAY VIA SMARTPHONE
Source: Salon.com (09/12)

Lovers of McDonalds who feel their fast food isn't quite fast enough could soon be able to order their burger–n–fries using a mobile app. The chain is testing a mobile payment app that allows customers to order and pay for their meal before picking it up. The app is being tested in two U.S. cities: Salt Lake City and Austin.

The app, aimed at teens and millennials, will also come with a side order of promotions, offers, and a loyalty program. Fast Mexican food chain Chipotle already has one of these. ( Perhaps we'll see a fake hack of McDonalds' Twitter feed shortly, similar to this summer's stunt from Chipotle.)

Expect to see some jostling in the (BBQ chicken) wings from competitors of the Golden Arches––one of Burger King's most recent innovations was a Rib Sandwich, very similar to McDonalds' McRib. And last year, the fast food firm tried an app that used a wave–and–pay system in Austria.


5. EMVCO MEMBERSHIP GROWS WITH DISCOVER
Source: ICMA Industry News (09/12)

Discover Financial Services has become the latest payment network to join the growing membership of EMVCo, the EMV standards body. Discover will work alongside EMVCo's existing members to manage and evolve the contact and contactless EMV industry specifications to facilitate worldwide interoperability and acceptance of secure chip payment instruments.

Discover has acquired a one-sixth share of EMVCo from the respective holdings of its current member-owners American Express, JCB, MasterCard, UnionPay and Visa. It will therefore have an equal interest in the standards body, actively contributing to the management, technical work and operations of EMVCo.

"Discover becoming an equity member of EMVCo further underlines the importance of the EMV standard for the global payments industry," explains Dave Meadon, current EMVCo executive committee chair. "The existing members of EMVCo value the additional resources and contributions that new members provide as we address the broad and diverse needs of the international payments community. As an established end-user of the EMV specifications, we welcome the industry knowledge and extensive chip card experience that Discover will bring to EMVCo's work programme."

American Express, Discover, MasterCard and Visa are members of ACT Canada; please visit www.amex.ca, www.discover.com, www.mastercard.ca & www.visa.ca.



6. NEW GIESECKE & DEVRIENT SIM CARD CAN HANDLE MULTIPLE NFC APPLICATIONS
Source: MobilePaymentsToday (09/04)

Giesecke & Devrient has released a new platform that allows a single SIM card to securely execute multiple NFC applications at the same time. The SkySIM CX SIM-card family provides protected areas that can be used for electronic payment and ticketing applications and for customer loyalty programs, the company said in a news release.

The first device in the family recently gained approval from EMVCo, American Express, MasterCard and Visa, the company said, confirming that it meets the requirements for secure payments systems such as American Express ExpressPay, MasterCard PayPass and Visa payWave.

The SkySIM CX family also supports the transit applications MIFARE, CIPURSE and Calypso. The new cards offer up to 1.3 megabytes of memory.

The product gives network operators an opportunity to create new business models, the company said, by setting up highly secure areas on the SIM card — referred to as "containers" — for third-party applications. Service providers can run their own applications in the containers, in return for a fee payable to the network operator.

"The outstanding feature of the new SIM card is not only its functionality but also its security," Axel Deininger, group senior vice president at G&D, said in the release. "The card has been tested and approved by EMVCo as an integral unit, and not a single weak point has been detected. This latest addition to our NFC portfolio enables us to offer network operators a complete secure package comprising hardware, software and services, in the form of SIM cards, a mobile wallet and trusted service management services."

American Express, Giesecke & Devrient, MasterCard and Visa are members of ACT Canada; please visit www.amex.ca, www.gi-de.com, www.mastercard.ca & www.visa.ca.


7. ROGERS RECEIVES AUTHORIZATION TO LAUNCH LOYALTY CREDIT CARD
Source: Rogers (09/06)

Rogers Communications announced that the Office of the Superintendent of Financial Institutions has issued an Order to Commence and Carry on Business, authorizing a subsidiary of Rogers to begin offering credit card services.

"Our credit card business will allow us to deliver a valuable offering to our customers across the country and we are thrilled to have completed this final step in the application process," said David Robinson, Vice-President of Emerging Business, Rogers Communications. "Within the next year, our customers will be able to participate in our credit card program that will give them the opportunity to accelerate the rate at which they earn rewards in the Rogers First Rewards program."

Leading up to commercial availability in 2014, Rogers will roll out a pilot program to begin offering credit card services to a select group of customers.

Rogers is a member of ACT Canada; please visit www.rogers.com.


8. NEXT IMPORTANT STEP TAKEN TO HELP INTERAC COMPETE IN A RAPIDLY CHANGING MARKET
Source: Interac (09/13)

The Competition Tribunal has approved the amended Interac Consent Agreement, which was filed with the Competition Tribunal on July 12, 2013. The amendments help address governance, structural and funding constraints that impact the organization's ability to compete effectively and meet market demands in today's highly competitive payments marketplace. The amended Consent Agreement will remain in place until June 2018, subject to a successful restructuring of the organization.

"We are extremely pleased that the amended Consent Agreement has been approved by the Competition Tribunal," stated Mark O'Connell, President and CEO, Interac Association/Interac Inc./Acxsys Corporation. "This green light lets us start the process to transform our organization into a single corporation, Interac Corp., that can offer a single integrated portfolio of payment products under the direction of an independent board, and with the ability to better fund innovation."

Since 1996, Interac Association has operated under a Consent Agreement which prescribes in detail how it is structured, how it is governed and by whom, how it sets and collects fees, and the voting levels required for decisions. The Agreement can only be amended or terminated through the Competition Tribunal.

Interac is a low-cost, world-class debit system with payment products in the bricks-and-mortar and virtual spaces, and serves Canadians well. In 2012, consumers carried out over 4 billion Interac transactions. The Canadian payments marketplace, however, is undergoing significant shifts and increased competition with large multi-national competitors unencumbered by the business operating constraints faced by the domestic provider, Interac Association.

"This is a critical step to help us continue to offer the best payment products available and the value-add of remaining a low-cost payment option for Canadian merchants and consumers," emphasized Mr. O'Connell. "On behalf of the Interac Group, we would like to acknowledge the hard work and spirit of co-operation demonstrated by the current Commissioner and his staff. They have demonstrated a clear understanding of and sensitivity to the evolving needs of our business."

Interac is a member of ACT Canada; please visit www.interac.ca.


9. CAPITAL ONE DROPS SUPPORT FOR ISIS MOBILE WALLET
Source: PC Magazine (09/20)

The Isis Mobile Wallet is expected to roll out nationwide later this year, but without the support of one of its initial credit card partners.

Capital One confirmed to PCMag that it plans to end its pilot test with the NFC venture, claiming it has gathered enough insight, but will "continue to work with Isis to evaluate options for a continued presence in the Isis Mobile Wallet."

Droid Life also published an email that Capital One sent to customers, which warned them that the pilot test would end this month. The bank promised that users' account information and terms will remain unchanged, and that this move will not impact other cards stored in the digital wallet.

"We are so grateful to have customers like you who are eager to test the latest technology and provide feedback on cool new mobile solutions," the email said. "We are incredibly thankful for your participation in the pilot."

The program also includes American Express, Chase, and Barclaycard. Still, Capital One's move to ditch Isis is making some nervous about the future of the project, which must contend with rivals like Google Wallet and PayPal Here.

"While Capital One cards are not currently available, we continue to work with Capital One in order to define the future of mobile payments," an Isis spokesman said via email.

Isis — a joint venture between AT&T, Verizon, and T-Mobile — launched in Austin and Salt Lake City last fall, following a series of delays. Using NFC technology, consumers and merchants can transfer money, make payments, or offer discounts and loyalty perks.

Capital One is a member of ACT Canada; please visit www.capitalone.ca.


10. NEW RESEARCH DEBUNKS 'SHOWROOMING' MYTHS: SHOWS BRICK-AND-MORTAR RETAILERS HOW TO KEEP SMARTPHONE-WIELDING SHOPPERS SPENDING IN-STORE
Source: AIMIA (09/12)

With brick-and-mortar-retail stores continuing to struggle with the rise of "showrooming" consumers – those visiting a store to see a product but then purchasing it later online – groundbreaking research from Columbia Business School and global loyalty experts Aimia shows retailers concrete steps they can take to entice consumers armed with mobile devices to make purchases inside their store walls. The report, Showrooming and the Rise of the Mobile-Assisted Shopper identifies five distinct segments of mobile-assisted shoppers and uncovers clear opportunities for retailers to engage and retain these tech-savvy customers.

"Retailers know that they are operating in a new world, where the shopper in your store with a smartphone has access to every competing outlet and offer," said David Rogers, a co-author of the study and professor at Columbia Business School. "But retailers are not powerless. To survive, it is critically important that retailers understand the real impact of smartphones on shopper behavior, which will allow them to shape a retail experience that gives mobile consumers a reason to buy in a brick-and-mortar store." "Retailers don't have to resort to automatic price-matching," states Rick Ferguson, a co-author of the study and the vice president of knowledge development at Aimia. "M-Shoppers show a strong willingness to join loyalty programs in exchange for rewards, and this gives retailers the chance to build long-term relationships with them." Some of the key takeaways of the report include:
Showrooming isn't just for the Millennial Generation: Contrary to popular belief, 74% of M-shoppers are older than 29 years old.

Mobile devices can actually improve the chances of an in-store purchase: More than 50% of M-Shoppers are more likely to purchase a product in-store when their mobile device helps them find online reviews, information, or trusted advice.

Price isn't always the most important factor: Although "price checking" is the number one action of M-Shoppers, convenience, urgency, and immediacy are the top three reasons why M-Shoppers will buy in-store even if they find the same product cheaper online.

Loyalty programs are worth more than just their points: 48% of M-Shoppers say that being a member of a store's loyalty program makes them more likely to purchase products in-store, despite equal or cheaper prices online.

The New M-Shoppers The researchers looked at the attitudes, shopping patterns, and motivations of 3000 leading-edge consumers in the US, UK, and Canada to better understand how mobile devices are impacting their in-store shopping habits; identifying those shoppers most likely to showroom; and outlining actions retailers can take - such as loyalty programs, price matching, free shipping, and mobile payments - to encourage consumers to open their wallets in-store. The results paint a clear picture of today's mobile assisted shoppers – or M-shopper – and debunks commonly held assumptions many brick-and-mortar retailers make about retail showroomers. Luring Back the Five Segments of Mobile-Assisted Shoppers The research found that there are five distinct types of mobile-assisted shoppers and uncovered clear opportunities for retailers to engage and retain the business of these tech-savvy customers.

The Exploiters: It would be easy for retailers to write off the Exploiters as a lost cause. But the best opportunity for retailers to win their business may simply be to improve the store's website. When Exploiters see a product on the shelf and pull out their mobile device, they are nearly as likely to search for it on the store's own website as on a competitor's site (69% vs. 77%).

The Savvys: Although they currently represent only 13% of mobile-assisted shoppers, Savvys are the ripest target for retailers to try out new offers and experiences in the mobile space. They are simultaneously more digitally-savvy, more willing to sign up for loyalty programs, and more likely to be motivated by a range of retailer offers and rewards.

The Price-Sensitives: Price-Sensitives use their devices in stores periodically, but not as consistently as the other segments. Often, the right in-store experience will be enough to earn the Price-Sensitives' business. Their mobile devices may be with them, but still remain in their pockets and purses.

The Traditionalists: These shoppers are committed to purchasing in-store, making them the least threatening segment of mobile-assisted shoppers for retailers. They are open to interacting with retail stores on their mobile devices, whether by website, store app, or even scanning a QR code. But, they are currently using their devices mostly to consult on purchases with friends and family.

The Experience-Seekers: As the largest of all the segments, Experience-Seekers point to the opportunity for retailers to engage customers on their mobile devices in non-financial ways, with opportunities to comment, provide ratings, etc. And they demonstrate why retailers still need to invest in providing a unique and compelling in-store experience.

"Our findings debunk many of the common assumptions about the threat of showrooming and who is doing it," said Matthew Quint, a co-author of the study and director of Columbia Business School's Center on Global Brand Leadership. "Many shoppers with smartphones care about more than just the lowest price on every item. In fact, while roughly 25% of M-Shoppers may require a discount to motivate in-store purchases, a clear majority can be enticed to purchase in-store through information assistance, engagement strategies, and strong loyalty rewards programs" Link to Report: Showrooming and the Rise of the Mobile-Assisted Shopper About Columbia Business School

Led by Dean Glenn Hubbard, the Russell L. Carson Professor of Finance and Economics, Columbia Business School is at the forefront of management education. The School's cutting-edge curriculum bridges academic theory and practice, equipping students with an entrepreneurial mindset to recognize, capture, and create opportunity in a competitive business environment. Beyond academic rigor and teaching excellence, the School offers programs that are designed to give students practical experience making decisions in real-world environments

Aimia Inc. is a member of ACT Canada; please visit www.aimia.com.


11. EMVCO QUALIFIES FIME'S LATEST AUTOMATED RF TEST TOOL
Source: Grensheet (09/04)

EMVCo has approved the latest version of FIME's automated EMV contactless analog test bench for EMV Contactless Specification Level 1. The tool is available for purchase as an off-the-shelf product for in-house testing and is currently used by FIME as part of its EMVCo accredited laboratory offering to validate EMVCo Proximity Integrated Circuit Cards (PICC).

EMVCo is the EMV standards body collectively owned by American Express, JCB, MasterCard, UnionPay and Visa. It accredits laboratories and qualifies test tools that in turn can deliver EMV product approval. This particular EMVCo contactless specification describes the minimum functionality required for operation and market interoperability of contactless payment cards.

"As an EMVCo accredited laboratory and test tool provider, FIME continually advances its test tools to ensure alignment with future technical requirements," explains Vincent Poty, Head of Strategy and Corporate Development at FIME. "The automation functionality of the tool significantly increases the speed and reliability of the test results. It also enables interested parties – such as contactless card manufacturers and near-field-communication (NFC) handset manufacturers – to independently use the test tool to ensure EMV alignment during their development activities."

Commenting on the marketplace, Vincent adds: "There is a lot of activity taking place within the contactless payments ecosystem. As our role is to balance payment technology innovation with solutions that will inter-operate securely once live in the field, we are extremely dedicated to the development of evaluation and certification programmes; combining real-world implementation challenges with future technical ambitions. In addition to our status as an EMVCo laboratory, FIME has also achieved accredited laboratory status and qualified test tools from industry bodies such as GlobalPlatform, Isis and NFC Forum, to name a few. As contactless payments continue to gain traction, FIME recognises the stability and trust these vital compliance schemes bring to the industry."

American Express, FIME, MasterCard and Visa are members of ACT Canada; please visit www.amex.ca, www.fime.com, www.mastercard.ca & www.visa.ca.


12. CANADA POST TO LAUNCH DELIVERED TONIGHT SERVICE IN GTA
Source: Payments Busienss (09/17)

Hundreds of customers in parts of the Greater Toronto Area will be delighted tonight when the products they ordered from the Canadian online stores of Best Buy, Future Shop, Indigo or Walmart earlier today are delivered that same evening.

Canada Post's innovative pilot project Delivered Tonight combines the immediacy of purchasing a product in a store with the convenience of e-commerce home delivery. In partnership with Canada Post, these retailers are leveraging the Delivered Tonight pilot to better understand and adapt to the needs and expectations of Canada's rapidly evolving e-commerce market. The pilot will also help Canada Post better understand and plan for the considerable challenges of delivering a product through rush-hour traffic within hours of it being ordered online.

Delivered Tonight will be available to a limited number of GTA-based customers through the participating retailers until the end of the holiday shopping season. This focused pilot is expected to create a new category of online shoppers and add to more than 90,000 parcels Canada Post delivers in the GTA on average per business day. In the pilot, Canada Post will work with a select group of retailers who meet volume thresholds and are willing to meet pilot requirements including existing specifications for size and weight.

Canada Post is a key enabler of e-commerce in Canada as the market-share leader in business-to-consumer delivery of parcels. By reaching more than 15.3 million addresses and operating the country's largest retail network with nearly 6,400 post offices, Canada Post is ideally positioned to offer affordable and reliable parcel services with convenient pickup and return options. Together, Canada Post, Purolator Inc. and SCI Logistics offer market-leading end-to-end solutions for e-commerce shippers by leveraging the assets and expertise of the Canada Post Group of Companies

Canada Post and Walmart are members of ACT Canada; please visit www.canadapost.ca & www.walmart.ca.


13. UL ANNOUNCES QUALIFICATION OF CPV MODULE IN COLLIS EMV PERSONALIZATION VALIDATION TOOL BY MASTERCARD
Source: UL (09/25)

UL is pleased to announce that the latest CPV version 6 module in the Collis EMV Personalization Validation Tool (Collis EMV PVT 3.7.0) has been qualified by MasterCard Worldwide.

Professional testing of personalized MasterCard EMV/PayPass cards is essential to ensure global acceptance of cards. UL Transaction Security's newly developed CPV module checks if MasterCard cards are correctly personalized according to the latest MasterCard specifications.

The new MasterCard CPV 6 module ensures compliance with the following MasterCard Worldwide standards:
- M/Chip Requirements 03 October 2012
- M/Chip Personalization Data Specifications and Profiles 28 June 2013
- PayPass - M/Chip Requirements 28 June 2013
- PayPass Personalization Data Specifications, Version 1.8 - April 2013
- M/Chip Card Personalization Standard Profiles 28 June 2013
- M/Chip Card Personalization U.S. Market Standard Profiles 28 June 2013

Christian Delporte, Head of Product Development, Global Chip and Contactless Solutions at MasterCard Worldwide, commented: "Collis test tools are recognized in the chip testing market and conform to the latest MasterCard CPV test requirements. The new version broadens the offer of test tools available to MasterCard issuers, card manufacturers and personalization bureaus."

Maxim Dyachenko Colour_80x80Maxim Dyachenko, Manager Service Line Test Tools at UL Transaction Security, added: "We are proud to announce the continuing market-leading status for personalization validation testing with the Collis EMV Personalization Validation Tool. This test tool is of great value to all its users including MasterCard member banks and card issuers. Use of this tool fits seamlessly to prepare for the CPV Formal Approval Service that UL can deliver to you. The CPV module within the Collis EMV PVT enables issuers of MasterCard cards to speed up their personalization process, which reduces their time-to-market."

MasterCard and UL are members of ACT Canada; please visit www.mastercard.ca & www.ul.com.


14. ROGERS BANK JOINS OBSI
Source: OBSI (09/06)

Rogers announced that the Office of the Superintendent of Financial Institutions (OSFI) issued an order for Rogers Bank to commence and carry on business. OBSI received Rogers Bank's membership application that same day. Rogers Bank will shortly begin operations by rolling out a credit card program that it expects to be commercially available in 2014.

Rogers Bank joins the overwhelming majority of Canada's banks in participating in OBSI's dispute-resolution service.

OBSI and Rogers are members of ACT Canada; please visit www.obsi.ca & www.rogers.com.


15. VERIFONE DELIVERS POS SOFTWARE PLATFORM FOR TABLETS TO ISOS AND ACQUIRERS
Source: VeriFone (09/04)

GlobalBay Merchant provides complete support infrastructure and full function software platform to help channel partners meet the mobile and fixed POS needs of SMBs

GlobalBay Merchant Tablet POSVeriFone Systems, Inc. launched GlobalBay Merchant, a new point of sale software platform and support infrastructure designed to help ISOs and acquirers provide tablet POS solutions to small and medium businesses (SMBs).

GlobalBay Merchant is an extension of the VeriFone GlobalBay line of software already in use by a number of sophisticated, highly integrated retail organizations. Currently available for iOS, it is tailored to the needs of SMBs, and built for distribution solely through VeriFone channel partners. GlobalBay Merchant provides acquirers and ISOs with secure, easy-to-use payment capabilities and defined interfaces, so that vertical market or customer-specific programs can be rapidly deployed using tablets. GlobalBay Merchant also provides ISOs and acquirers with a complete support infrastructure, including VeriFone's 24x7 help desk and automated on-boarding processes.

"The GlobalBay Merchant software platform creates new opportunities for ISOs and acquirers to grow their business and is now available from a partner that is invested in their success," said Jennifer Miles, president, VeriFone Americas. "It provides everything that merchants need to support their immediate and future business goals, backed by a comprehensive infrastructure that makes it easy for service providers to sell and support."

SMBs are increasingly interested in using tablets as an alternative to electronic cash registers for fixed and mobile POS. But ISOs and acquirers seeking to identify and deploy feature-rich software often find themselves in conflict with the goals of technology providers who are primarily focused on displacing existing processing relationships and are unable or unwilling to work with channel partners.

Tablet POS with GlobalBay MerchantMore than a dozen partners representing a base of more than 500,000 merchants have already signed up to sell GlobalBay Merchant to SMBs, including EVO Payments International, a leading payments service provider. "GlobalBay Merchant combines everything merchants need in a POS software platform for tablets with back-office support and the security and reliability of a trusted partner," said Jeff Rosenblatt, president of EVO. "The ability to easily integrate GlobalBay Merchant with other VeriFone devices creates an easy path for migration and expansion as merchants grow their businesses and adapt to consumer expectations for mobile wallet acceptance and value-added services at the point of sale."

The company is in discussions with additional ISOs, acquirers and processors representing another 4 million merchants.

GlobalBay Merchant enables ISOs and acquirers to create their own pricing schedules, including flat monthly, discount rate or per-click fees. In addition to support, VeriFone provides sophisticated payments infrastructure, including secure encryption and tokenization, and an ecosystem of POS hardware providers that makes it easy for ISOs and acquirers to configure their own unique solution.

Merchants can opt to order hardware configurations, including tablets, VeriFone devices, cash drawers, scanners and printers through VeriFone partners. Additionally, ISOs and acquirers can configure their tablet POS solutions with the VeriFone PAYware Mobile secure audio reader for iPad, iPhone and iPod touch.

GlobalBay Merchant also integrates with VeriFone VX payment terminals and consumer-facing MX multimedia payment devices to ensure access to the latest payment technology, including EMV adoption, mobile wallets and value-added services. Additionally, it can be used to access VeriFone's PAYware Connect gateway, which is capable of routing transactions to all major processors.

GlobalBay Merchant is easy to use for small merchants, but provides advanced features that mid-size businesses need for fixed POS and in-store mobility, including:

- Easy to use, intuitive user interface, that makes it fast and easy to train new personnel
- Support for multiple stores, multiple devices per store, and multiple employees
- Adding and tracking inventory, scheduling appointments in-store or online
- Tracking employee time, commissions, and tips
- Sophisticated reporting capabilities, including multi-store consolidation, via a web portal
- Access to value-added services and all major payment networks and payment processors
- GlobalBay Merchant for iOS is available now in the U.S. Future releases are planned for additional geographies and operating systems.

VeriFone is a member of ACT Canada; please visit www.verifone.com.


16. INSIDE SECURE AND ADVANCED DIGITAL BROADCAST (ADB) PARTNER TO SECURE PREMIUM CONTENT MOBILE APPS
Source: INSIDE Secure (09/12)

Continuing to gain momentum as a leader in premium content security, INSIDE Secure INSIDE Secure announced it is working with Advanced Digital Broadcast a leading provider of advanced solutions for the connected home, to create secure, premium content iOS and Android mobile apps for operators. The first deployment emanating from the partnership is for nc+, the leading pay-TV platform in Poland.

ADB is using INSIDE's downloadable DRM Fusion Agent client software to secure nc+'s new GO apps for smartphones, tablets and other mobile devices, and to enable secure over-the-top (OTT) delivery of premium content to new and current subscribers.

"As Poland's leading premium direct-to-home (DTH) operator, nc+ prides itself on offering the most technologically advanced services," said Jan Frelek, new business development director at nc+. "Now, through our partnership with ADB and with downloadable DRM Fusion Agent software embedded in the nc+GO mobile apps, we are able to deliver premium content to our customers' mobile devices, such as Android and iOS phones and tablets."

Over-the-top (OTT) content delivery is revolutionizing the way video, television and other services are delivered to consumers. It utilizes the Internet as the conduit rather than a service provider's own dedicated, managed IPTV network. It also offers pay-TV providers a way to retain existing subscribers by extending their service to mobile devices, and to attract new subscribers who are interested in watching premium content on mobile devices.

"We needed a downloadable DRM solution for our premium content mobile apps that just worked and did not compromise the content owner or our operator customers in any way," said Krzysztof Bilinski, general manager and broadcast division head at ADB. "INSIDE Secure's downloadable DRM Fusion Agent fit the bill perfectly because it is a proven technology that is trusted by the major premium content owners. It also enables customers, such as nc+, to offer secure OTT-based services to existing and prospective subscribers wanting to watch premium content on mobile devices."

INSIDE's downloadable DRM Fusion Agent client software offers developers the critical Microsoft PlayReady, Windows Media DRM, OMA DRM 2.X, and/or UltraViolet security they need to embed in their mobile apps. A single API provides easy access to all the supported DRM technologies, which can be chosen at compile time to save on costs. An additional Java API is provided for the Android platform for Java application integration. DRM Fusion Agent is pre-integrated with the iOS native media player, and can be provided pre-integrated with third party media players if additional media codecs and formats are required.

"ADB is one of the world's leading providers of pay-TV solutions, and we are pleased to have them join the growing list of system integrators, broadcasters, content providers, cable operators and other customers that have chosen our downloadable DRM Fusion Agent to provide premium content security for their mobile apps," said Dr. Simon Blake-Wilson, executive vice president of the ESS business line at INSIDE Secure. "Consumers worldwide are already using mobile apps with DRM Fusion Agent embedded in them, and we look forward to working with ADB as they expand the deployment of their mobile apps with additional customers around the globe."

INSIDE Secure is a member of ACT Canada; please visit www.insidesecure.com.


17. MOBILE SECURITY MARKET CREATES SIGNIFICANT OPPORTUNITIES FOR TELCOS AND TECH FIRMS: KPMG
Source: KPMG (09/05)

Telecom providers and tech firms see significant opportunities in mobile security, according to a report released today by KPMG International. But success in this emerging market sector will depend on organizations building and leveraging consumer trust.

Telecom providers and tech firms see significant opportunities in mobile security, according to a report released today by KPMG International. But success in this emerging market sector will depend on organizations building and leveraging consumer trust.

"Demand is running high for mobile security products and solutions within both the consumer and the enterprise markets," noted Sanjaya Krishna, Digital Risk Consulting leader with KPMG in the US. "Our report shows that mobile operators and tech firms stand to gain significant new revenue opportunities by leveraging their unique position within the market to create, deploy and manage mobile security services."

Based on research conducted by Forrester Research and the experience of leaders within KPMG's Global Technology, Media & Telecommunications practice, the report, Mobile Security: from Risk to Revenue identifies a number of emerging and nascent opportunities where telecom and technology organizations are particularly well-positioned to achieve growth from mobile security.

For example, mobile operators and carriers could focus on delivering personal 'trust' services to consumers such as personal fraud watches and management, application risk management services, or other services such as identity management, loyalty program management or privacy monitoring. The report shows that some mobile carriers and operators are already focused on leveraging their position within the network to deliver services such as traffic filtering and performance monitoring as well as app store management and secure cloud storage.

According to the KPMG report, telcos and tech firms will need to rethink their value proposition and redefine their relationships with their customers to truly capitalize on this new market.

"Mobile operators and carriers are already in a unique position to provide a broad range of mobile services but they will need to migrate to a user-oriented mindset and focus on the whole end-to-end customer experience," said Greg Bell with KPMG in the US. "Essentially, the emerging mobile security market will offer telecom players an opportunity to move up the value chain and away from the parts of the business that are rapidly becoming commoditized."

Similarly, the report finds that while the security and privacy market is still nascent, a number of innovative security technologies and services have been rapidly emerging from technology firms and service providers in the mobile space. Some are looking to leverage their data and access to customer information to develop location-based security services and hardware-assisted security assurance technologies. Others are focused on the enterprise market by offering new solutions such as enterprise-integration-as-a-service or device and application virtualization technologies.

"Mobile has emerged as a veritable hothouse for technology innovation," said Mr. Krishna. "In part, the increase in activity is because there is now a fairly level playing field where small and nimble boutique tech firms that have an interesting technology alternative to offer can compete head-to-head with more established players or partner with telcos and corporates to create niche solutions."

The report notes that the ability to build and leverage trust in the market will be the key success factor for those seeking to capitalize on new opportunities in mobile security. But it will take more than a clean bill of health; players in this space will also need to be open and transparent with their customers in order to foster a stronger and more trusting relationship.

"Trust has become the byword of the mobile era; consumers need to trust that their data and information is being kept securely when using mobile devices and services, while corporations need to trust that their service providers, technology environments and employees are adhering to their security protocols," added Mr. Bell. "The bottom line for telcos and tech firms is that – unless your customers trust that you will not share their data with third parties or lose their data – there will simply not be a market for mobile services."

Partnerships, in particular, will be critical. "Like it or not, neither telecom nor technology companies can (at this point) deliver a full range of end-to-end solutions without developing mutual partnerships with clients, service providers and even each other," noted Graeme Ross, Global Chair of KPMG's Media and Telecommunications practice and a partner with KPMG in the UK. "In many cases, the success of partnerships will depend on how they are structured and how the resulting customer data is shared."

KPMG is a member of ACT Canada; please visit www.kpmg.com.


18. OBERTHUR TECHNOLOGIES SELECTED BY NETS TO DEPLOY A MOBILE CONTACTLESS SOLUTION TO BANKS AND OTHER SERVICE PROVIDERS IN NORDIC COUNTRIES
Source: Oberthur (09/17)

Oberthur Technologies announced that Nets, one of Europe's leading companies in the area of digital money, digital information and digital identities and Europe's second-largest card processor, selected its Trusted Service Manager (TSM) to secure Near Field Communication (NFC) services for partnering banks and other service providers across Nordic countries, starting in Denmark.

Hosted in Oberthur Technologies' highly-secured data centre in Tewkesbury (United Kingdom), the TSM will allow each bank partnering with Nets to securely issue, distribute and administrate payment cards into the NFC SIM cards of their respective customers.

Nets will be able to aggregate different types of NFC payment cards (debit, credit and prepaid cards) and will be open to other forms of mobile payment solutions in the future, as well as to a variety of digital services (tickets, travel cards, electronic keys, membership cards...). It will be provided as an open, flexible white label solution so that the end-users will perceive this as their individual bank's or service provider's solution.

Tomorrow's payment infrastructure is already being put in place in the Nordics with terminals capable of receiving contactless payments increasing in number and Nets are expecting to start delivering NFC services toward the beginning of next year.

"We are already providing TSM services to several banks in Europe as well as in the rest of the world and we are now delighted to participate in bringing together the ecosystem in Nordic countries by supplying Nets with our technology and expertise", said Arnaud de La Chapelle, Managing Director of the Solutions Business Unit at Oberthur Technologies.

"Before the end of the year, Nets will be ready to embark on the first projects with banks and retail chains for the development of mobile wallets, which will facilitate mobile payments using NFC for face-to-face transactions, for example. This is contingent on Nets becoming established as a link and unifying factor, bringing together banks, telecom operators and merchants. We have selected Oberthur Technologies as our technical suppliers in establishing the TSM role and we are working to develop the most value-creating mobile wallet in the market," said Susanne Bronnum, Group Executive Vice President of Nets.

Oberthur is a member of ACT Canada; please visit www.oberthur.com.


19. BELL AND HOWELL, NBS TECHNOLOGIES ANNOUNCE PARTNERSHIP
Source: ICMA Industry News (09/12)

Global: Bell and Howell and NBS Technologies announced a new North American partnership. Through their agreement, Bell and Howell will serve as the exclusive distributor of NBS Technologies' Horizon and Horizon Evolution HD systems in the United States and Canada.

"This exciting partnership allows both companies to achieve our mutual goals of delivering the very best technology, expertise and service to the market. More importantly, our customers now have access to the widest range of card personalization and secure ID solutions available today," stated Les Stern, Bell and Howell's president and CEO. "Our commitment to delivering best-in-class solutions is our first priority, and NBS Technologies' excellent reputation, flexibility and leadership in this important market makes them the perfect partner."

"I am very excited to be partnered with Bell and Howell. With their outstanding service organization and their 'customer-first' attitude, we will be able to offer the best solutions and service," said Bryan Hills, CEO of NBS Technologies. "Both companies are totally focused on providing solutions and support that exceed our customers' needs. This additional service will be vital as the United States migrates to EMV-compliant forms of payments."

NBS Technologies is a member of ACT Canada; please visit www.nbstech.com.


20. ATMIA CANADIAN CHAPTER FORMS GOVERNMENTAL RELATIONS COMMITTEE
Source: ATMIA (09/17)

The ATM Industry Association (ATMIA) Canadian Chapter is pleased to announce that Access Cash General Partnership, Cash N Go ATM Network, Direct Cash Management, Inc., Stanley Frisco ATMs and Threshold Financial Technologies, Inc. have agreed to form Canada's new Government Relations Committee (GRC).

Chris Chandler, President of Access Cash, will lead the GRC. The committee will provide a forum to deal with the rising tide of proposed legislation and to keep ATMIA members informed about legislation affecting the Canadian ATM industry.

"Over the last few months, ATMIA and the Canadian Bank Machine Association (CBMA) have been working on a plan to unite the industry — to create one single, strong voice to monitor legislation and regulatory issues that could hurt our industry and the bottom lines of ATM businesses," says Curt Binns, ATMIA Executive Director Canada. "As an industry we are stronger when we work together than we are separately."

Chandler and the former members of the CBMA agree. "I am looking forward to serving the ATM industry as Chairman of the Canadian GRC," he says. "I believe by working together we can affect positive change that will help protect the future health and vitality of our industry."

ATMIA, Direct Cash Management, Inc and Threshold Financial Technologies are members of ACT Canada; please visit www.atmia.com, www.directcash.net & www.threshold-fti.com.


21. NXP LAUNCHES NEW MIFARE PARTNER PROGRAM AND MIFARE LOGO
Source: PRWeb (09/23)

NXP Semiconductors N.V. announced the launch of a new MIFARE Partner Program, created to offer increased levels of value to the MIFARE ecosystem. The MIFARE Partner Program will allow members easier access to benefits and more visibility of their expertise as a partner company. NXP recommends buying MIFARE products and solutions from companies registered on MIFARE.net, so participation in the new partner program ensures continued trust, reliability, interoperability and quality of service. On top of this, a new MIFARE logo is launched to strengthen the brand identity and to signify the growth and transformation of MIFARE.

The new MIFARE Partner Program provides a tangible illustration of the importance of trust and quality within a partner network, as well as the significance of standardizing MIFARE products. The new MIFARE Partner Program embodies the relevance of customer experience and the value of product quality and service.

The MIFARE Partner Program offers two levels of partnership based on cooperation type, commitment and achievements:

1) MIFARE Registered Partner The starting level for partners to familiarize themselves with our MIFARE products is as a Registered Partner. Partners are officially registered on MIFARE.net, along with a full company profile.

Benefits for Registered Partners

Automatic NXP MIFARE product recommendation via company registration on MIFARE.net
Use of the MIFARE Registered Partner Logo
Access to over 1,000 companies in the MIFARE ecosystem
Option to receive the MIFARE Newsletter
Access to support documents
Access to MIFARE trainings hosted by NXP
Option to become an active member of the MIFARE Community
Use of the MIFARE support forum
Ability to share MIFARE related stories

2) MIFARE Premium Partner For partners who represent the cutting-edge of the contactless industry we can offer the MIFARE Premium Partner level. Companies in this partner category leverage the latest in MIFARE product innovation to surpass customer expectations and drive growth within the industry. Each member is hand selected and must meet strict guidelines and criteria.

Benefits for Premium Partners

Premium Partners enjoy the full benefits of Registered Partners, plus:
Increased visibility on MIFARE.net and other promotional activities
Ability to demonstrate their expertise with a Premium Partner Logo and Certification
Company promotion in the MIFARE Newsletter
Invitation to yearly alignment meetings
Participation in the definition of future MIFARE products
Preferred conditions for MIFARE trainings hosted by NXP
Dedicated MIFARE contact person at NXP
The MIFARE logo kicks off a new era of innovation and growth for the use of MIFARE products. Over the last 20 years, MIFARE has become an established brand for contactless transport ticketing and access management solutions and holds strong leadership positions in these two markets. In addition, the MIFARE product portfolio has evolved and is now fully prepared for a variety of new applications such as loyalty programs, micro-payment or gaming.

Our new logo represents a forward-thinking mindset for what MIFARE stands for today - a modern and innovative platform that enables great customer experiences, says Martin Gruber, general manager automatic fare collection, NXP Semiconductors. We included visual elements of our corporate logo to make it easier for our customers to recognize MIFARE as a sub-brand of NXP.

The new MIFARE logo features three different sizes of bubbles held in the corporate colors of NXP which stand for growth and represents our dynamic, innovative and flexible attributes. With the white lines in between, the commitment to contactless technologies is expressed.

NXP Semiconductors is a member of ACT Canada; please visit www.nxp.com.


22. TD BANK GROUP, AIMIA AND CIBC CONFIRM AGREEMENTS
Source: CNW (09/16)

TD Bank Group (TD), Aimia Inc. (Aimia) and Canadian Imperial Bank of Commerce (CIBC) confirmed that they have signed agreements under which TD will become the primary issuer of Aeroplan Visa credit cards on January 1, 2014, and will acquire approximately 50% of the existing Aeroplan credit card portfolio from CIBC.

"This is an excellent opportunity for TD to build on our position as a leading North American credit card provider - it solidifies our position as the number one credit card issuer in Canada, by outstanding credit card balances. Acquiring about half of the existing Aeroplan Visa credit card accounts will enable us to grow our business while offering great choice and value to our customers," said Ed Clark, Group President and CEO, TD Bank Group. "We look forward to welcoming new cardholders to TD as we introduce a full suite of co-branded Aeroplan Visa credit cards to complement our already strong line-up of cards."

For current Aeroplan Visa cardholders, nothing changes this year and no action is required. Cardholders can continue to use their existing Aeroplan-branded credit cards, earning Aeroplan miles on every purchase. Accumulated miles are not affected by any change to the credit card issuer. TD and CIBC will communicate directly to cardholders about next steps very soon, to make the transition a smooth and comfortable experience.

In 2014, Aeroplan-branded credit cardholders will be able to benefit from the new suite of credit cards, which will offer enhanced accumulation and other improvements, along with Aeroplan's new Distinction recognition program.

Subject to certain closing conditions, TD expects to acquire approximately 50% of CIBC's Aeroplan credit card portfolio, which will primarily include accounts held by customers who do not have an existing retail banking relationship with CIBC. As Aeroplan's primary credit card issuer beginning January 1, 2014, TD will offer new co-branded Aeroplan Visa credit cards and will hold the exclusive rights to mass market Aeroplan Visa credit cards.

TD expects that the agreements with CIBC and Aimia will result in a contribution of approximately 10 cents per share to 2014 earnings on an adjusted basis, and to be dilutive by approximately 7 cents per share on a reported basis. The portfolio is expected to contribute approximately 15 cents per share on both a reported and adjusted basis in 2015. At closing, TD's Basel III Common Equity Tier 1 ratio is expected to decrease by approximately 19 basis points on a pro forma basis as at TD's last quarter ending July 31, 2013 as a result of the transaction. The CIBC portfolio acquisition transaction is expected to close in December 2013 and is subject to customary closing conditions, including regulatory approvals.

In connection with the acquisition of the CIBC Aeroplan accounts, TD will pay $162.5 million to CIBC. This includes a payment of $50 million on closing, reflecting a price of par plus $50 million for the CIBC Aeroplan accounts, as well as a commercial subsidy agreement that will see TD pay CIBC a further $112.5 million plus HST over three years. TD expects to acquire approximately 550,000 cardholder accounts, representing approximately $3 billion in card balances and $20 billion in annual retail spend. Depending on the migration of Aeroplan-branded credit card accounts between CIBC and TD over the next five years, TD, Aimia, and CIBC have agreed to make additional potential payments of up to $400 million. TD will be responsible for - or entitled to receive - up to $300 million of these potential payments.

Additionally, TD and Aimia have updated their 10-year program agreement. As previously announced, TD will make a $100 million upfront payment to Aimia to assist in the development and maintenance of the new Distinction program. The minimum miles purchase commitment has been updated to a five-year volume commitment based on miles purchases by TD and CIBC. These payments by TD, in aggregate, would not exceed $95 million. Also, as announced, TD and Aimia will undertake a joint marketing spend of approximately $140 million in the first four years of the program to support the new Aeroplan Visa co-branded credit cards and program features.

AIMIA, CIBC, TD Bank and Visa are members of ACT Canada; please visit www.aimia.com, www.cibc.com, www.td.com & www.visa.ca.


23. CPI CARD GROUP ADDS EMV CAPABILITIES AT FORT WAYNE, IND. FACILITY TO SUPPORT U.S. MIGRATION
Source: CPI Card Group (09/17)

CPI Card Group announced that the company has added EMV capabilities to its Fort Wayne, Ind. facility to support the U.S. EMV migration.

The expansion includes a line of state-of-the-art milling and embedding equipment along with a detailed plan for future capacity expansion. This provides Fort Wayne with full capability to manufacture EMV smart cards while the facility will continue to focus on providing short-run, quick-turn solutions for their customers.

CPI Card Group's Fort Wayne facility is certified with all major payment associations and manufactures both debit and credit products. The recent investment in additional space and manufacturing equipment will result in an expanded significant capacity in addition to the smart card products the facility can now offer.

"During the last two years we have continued to prepare our business to support our customers in the migration to EMV smart cards in the U.S.," said Steve Montross, President and CEO of CPI. "Fort Wayne has been diligent in their preparation for EMV readiness and the operation now reflects the same rigorous capabilities, processes and quality systems existent for smart card manufacturing at CPI."

CPI Card Groups provides the largest EMV manufacturing capacity in North America with three EMV manufacturing facilities, providing customers flexibility and back-up capability.

CPI Card Group is a member of ACT Canada; please visit www.cpicardgroup.com.


24. MOBILE PAYMENT COMPETITORS SQUARE AND INTUIT ANNOUNCE PARTNERSHIP
Source: Washington Post (09/25)

Mobile payments competitors Square and Intuit plan to join their technologies, the two announced Tuesday.

San Francisco-based start-up Square, whose technology lets business owners swipe credit cards through plastic attachments on their smartphones, will integrate with QuickBooks, an accounting platform developed by software company Intuit. Starting Nov. 19, customers of Square will be able to import transactions from Square into QuickBooks.

Intuit offers GoPayment, a mobile payment system similar to Square's, with its own plastic smartphone attachment. Square keeps 2.75 percent of transaction with no monthly fee, or a flat fee of $275 a month for businesses processing less than $250,000. Intuit charges 1.75 percent in addition to a $12.95 monthly fee, and offers a pay-as-you-go option for 2.75 percent of each transaction.

Intuit, which generated about $4.2 billion in fiscal year 2013, will continue offering GoPayment after the partnership.

"By rebuilding QuickBooks as an open platform, small businesses can choose to use services we provide as well as the solutions they already use and love, like Square," Dan Wernikoff, Intuit's senior vice president and general manager of Small Business Financial Solutions, said in a statement.

Mobile payment transactions worldwide totaled about $163.1 billion in 2012 with about 200.8 million users, according to a recent Gartner report.


25. WWPASS UNVEILS UNIFIED SECURITY MANAGER: SAML 2.0 TWO-FACTOR SINGLE-SIGN-ON WITHOUT USERNAMES OR PASSWORDS
Source: WWPass (09/10)

WWPass, a provider of cloud-based authentication services, today announced the immediate availability of Unified Security Manager. This virtual appliance provides a more secure, yet simpler, user authentication for applications that support Security Assertion Markup Language (SAML) 2.0. Unified Security Manager's two-factor authentication significantly boosts security. By replacing usernames and passwords with WWPass' patented authentication technology, Unified Security Manager not only eliminates the weakest link of authentication, but also simplifies the user's login experience and integrates well with an organization's existing IT infrastructure.

"Secure, single-sign-on authentication into the many applications found within an organization's existing IT infrastructure has become critical to modern enterprise security frameworks," said Gerry Texeira, Director of Product Management. "Past attempts at federated identity and single sign-on solutions have fallen short. They proved to be complex to deploy, use and manage, or relied on now-discredited single-factor technology. The WWPass Unified Security Manager virtual appliance meets this need by combining our patented two-factor authentication service with out-of-the-box integration with SAML 2.0-compliant applications. Unified Security Manager's use of VMWare vSphere virtualization technology also simplifies deployment and cuts management costs. This unique approach enhances security, streamlines user experience, and reduces the burdens on a company's IT team."

Unified Security Manager Advantages:
- Simplifies development, deployment and management of SAML metadata and attribute exchange policies.
- Eliminates usernames/password pairs with two-factor WWPass PassKey authentication solution.
- Integrates out-of-the-box with existing Microsoft Active Directory infrastructures.
- Offers convenient single-sign-on to cloud service providers such as SalesForce.com, Google Apps for Business/Education, Dropbox for Business, Juniper VPN Appliance.

WWPass is a member of ACT Canada; please visit www.wwpass.com.


Entering our 25th year, ACT Canada has been the internationally recognized authority in the market. As the eyes, ears and voice for stakeholders focused on secure payment, mobile, NFC, loyalty, secure identity, and leveraging EMV, we promote knowledge transfer, thought leadership and networking. We help members protect their interests, advance their causes, build their business and grow the market. We take a neutral and non-partisan approach to all issues, facilitating collaboration among issuers, brands, acquirers, merchants, regulators, solution providers, governments and other stakeholders. Over 50% of our members have been with us for more than 5 years, enjoying ongoing value from their affiliation with ACT Canada.  Please visit http://www.actcda.com or contact our office at 1 905 426-6360 x122.


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Andrea McMullen
Vice President, Operations
ACT Canada
tel: 905 426-6360 ext. 124
fax: 905 619-3275
email: andrea@actcda.com
web: www.actcda.com
mail: 85 Mullen Drive, Ajax, ON, L1T 2B3

http://ca.linkedin.com/in/andreamcmullen


Insights • Networking • Visibility

ACT Canada is the place to be to:

  • Filter the truth from market noise
  • Understand complex issues
  • Facilitate problem resolution

because stakeholder dialogue helps you make profitable decisions.

For more information, please contact Andrea McMullen at 1 905 426-6360 ext 124 or email andrea@actcda.com.

Please forward any comments, suggestions, questions or articles to andrea@actcda.com. Please note that articles contained in this newsletter have been edited for length, and are for information purposes only.