Cartes - Secure Connexions November 2013

CARTES Secure Connexions Event 2013:

Building Trust in Mobile Life

The CARTES Secure Connexions Event 2013 will be held from 19 to 21 November 2013 at the Paris Nord Villepinte exhibition centre. The central theme of this year’s show, "Building trust in mobile life” , will allow the key issues facing the sector to be addressed: Mobile Security, Secure Mobile Commerce, Digital Identity and Smart Cities. Brazil, a major reference in these trends related to "connected living" and one of the world's great economic powers, will be the special guest country at CARTES 2013 and will take centre stage at the show’s various events.

Throughout the year, numerous events will be held to enrich this leading trade show: two press conferences (in June and September) on smart shopping and digital identity, the SESAMES awards ceremony on 18 November, the prestigious World Card Summit on 19 November and many more. Get your diary out!

CARTES Secure Connexions Event 2013 is a comprehensive event (trade show, conferences and awards) entirely dedicated to secure payment, identification and mobility solutions. The show was met with great success in 2012 with 19,000 visitors, 1,600 conference attendees and 137 countries represented. This 28th CARTES show will again be the unmissable gathering for professionals in these sectors.

This year, CARTES Secure Connexions Event will be held in conjunction with Milipol Paris, the worldwide exhibition of internal State security for all public and industrial security professionals.

CARTES Secure Connexions Event 2013 – Building Trust in Mobile Life

Building Trust in Mobile Life

In a world where people are becoming ever more connected and where mobility is a major issue for companies and countries, issues relating to security, authentication and data protection are priorities for all solution providers.

CARTES Secure Connexions therefore decided to make "Building trust in mobile life" its central theme in 2013. It has been divided into four sub-themes:

• Mobile Security: Mobile payment, BYOD (Bring Your Own Device), SIM card security, etc.
• Secure Mobile Commerce: E-commerce, m-commerce, payment security, interconnected retail etc.
• Digital Identity: Digital identity, authentication, partnering for digital trust etc.
• Smart Cities: Object identities, machine to machine etc.

These are strategic fields where security and trust are key to successful growth in the mainstream market.

"The 28th CARTES Secure Connexions Event, to be held from 19 to 21 November 2013 at the Paris-Nord-Villepinte expo centre, will be a rich event with a focus on mobile life. Mobility, which has grown exponentially, offers a number of opportunities for security, payment, embedded intelligence and digital identity players in particular. So we are really looking forward to the sector’s big event," explains Isabelle Alfano, CARTES Secure Connexions Event 2013 Trade Show Manager.

Brazil: guest country of honour

With a population of over 194 million and sustained economic growth, Brazil offers many opportunities for major players in the card, identification and mobile payment sector. The demand for value-added services, EMV* migration and identification projects have ensured its market growth in one of the largest Latin American countries.

*Europay Mastercard Visa

CARTES Secure Connexions Event 2013 Schedule · 4 June 2013: Press conference on smart shopping o Presentation of results from a study carried out by CARTES Secure Connexions and Payment Cards & Mobile on services provided by new payment technology in retail. · 24 September 2013: Show launch press conference on digital identity o Presentation of results from a study carried out by CARTES Secure Connexions and Milipol on digital identity. o Launch of CARTES Secure Connexions Event 2013: all the new innovations for this year's show will be revealed. · 18 November 2013: SESAMES awards ceremony o These awards go to the top 10 technological innovations in the chip card, digital security, identification, secure payment and contactless sectors. The SESAMES awards are a great springboard, giving winners a prominence and legitimacy which helps ensure the success of their project. · 19-21 November 2013: CARTES Secure Connexions Event 2013 at Paris Nord Villepinte. · 19 November 2013: The World Card Summit o This inaugural summit brings together directors from the major leading companies in the smart technology and digital security sectors.

For more information. or to register go to www.cartes.com

Will you be attending the must go to event for the card and payment industry?

Wake me up before you Mo Co! - Mobile payments exceed cheques

If, like me, you are a long way off from thinking that Mobile Commerce is a mainstream payment method, then thonk again, because a  recent study undertaken by ACI Worldwide and Aite Group – where smartphone usage in 14 countries was put under a microscope – shows that mainstream Mobile payments are already here (more prevalent in some markets than others of course!!).

The study identified a group of consumers where mobile payments behaviour is the norm and this group was classified as “Smartphonatics”.

According to this research, 80 percent of Smartphonatics have used their smartphones for mobile banking, just one-third of non-Smartphonatics report doing so. 70 percent of Smartphonatics have used their smartphones for mobile payments; under 25 percent of non-Smartphonatics have. Smartphonatics are generally younger consumers also: 36 percent of Generation Yers (between the ages of 20 and 31) are Smartphonatics as are nearly one-third of Generation  Xers (ages 32-46). The number drops significantly among both Baby Boomers (ages 47-65) at 18 percent and Seniors (66+) at six percent

Ron Shevlin, Senior Analyst, Aite Group states: “Smartphonatics enthusiastically use their smartphones when they shop for products and services as well as when they interact with their banks. It is quite clear they are an emerging consumer force. Smartphonatics are driving the adoption of mobile banking and payments and will be an agent for change. Financial and retail institutions will need to adapt or risk being left behind."

The ACI/Aite research indicates that around 1 in 4 consumers globally count as Smartphonatics, with higher numbers found in India and China than in the United States and Europe. This follows through as markets such as India and China have mobile payments competing head to head in the growth of other payment methods such as cards, which are still relatively new for the majority of the population.

In Asia, however, mobile payments have been mainstream for the best part of a decade. Japan sets the benchmark for mobile payments with 47 million Japanese adopting tap-and-go phones. In 2013, China alone, will have 169 million users of tap-and-go payments. Between 500 million and 1 billion people will access financial services by mobile by 2015, depending on various estimates. The mobile financial services market will be dominated by Asia, driven by mobile operator-led initiatives in developing markets to bank the unbanked. Remittance and transfers by mobile is growing three times faster than mobile banking. Mobile remittances are a form of mobile payments, essentially mobile-led P2P.

MasterCard’s study of Mobile Payment readiness which we commented on last week, revealed that whilst the USA is ‘mobile ready’, 9 of the 10 countries most prepared for the technology are in Africa, the Middle East and Asia.

So, if Mobile Payments are indeed exceeding cheques, what in fact constitutes a Mobile Payment? The seven primary models for mobile-enabled payments:

1.       SMS based transactional payments

2.       In-App Payments

3.       Direct Mobile Billing

4.       Mobile commerce and/or web payments

5.       Peer-to-Peer payments

6.       Virtual currency payments

7.       Contactless payments

It would appear that around half of the developed world has made a mobile payment of some sort in the last 12 months according to this criteria – at a minimum an in-App purchase made from a mobile or iPad would qualify (that means my children at 10 and 8 can be included in the figures….)

So the question today is not, Have you ever made a Mobile Payment? but, how on earth have you managed to avoid making one?

To view jobs in the card and payment industry, go to http://www.cardandpaymentjobs.com

WorldPay study reveals cultural differences in Alternative Payments

WorldPay, recently launched ‘Optimizing your Alternative Payments’, an in-depth global whitepaper and interactive heatmap of the alternative payments landscape, and the varying cultural preferences of payment types by geography.

According to WorldPay, the alternative payments (AP) market is growing at a phenomenal rate. It currently accounts for EUR165 billion of global eCommerce transactions around the world -- 22% of the total transactional value. It is estimated that there are currently over 230 AP schemes operating globally including: real-time bank transfer, offline credit transfer, direct debits, eWallets, paper-based payments and mobile payments.  Can it really only be 230? It seems that everyday (sometimes several times)  we are bombarded with the launch of one new life – enhancing life – changing product or another…

The AP market is expected to grow 13% by 2015 and within eCommerce, spend via alternative payments will outstrip that of card payment schemes. Growth rates of payment types vary; for example, eWallets currently lead the way with 36% of the market and this is expected to rise to 43%. Real-time bank transfers only make-up 12% of the AP types today but this figure is expected to rise to 20% in the next three years.

In the US, card payments dominate (17%). It is only due to the scale of the eCommerce market in the US,  that AP transactions comprise EUR46.6 billion of online spend. In other regions APs have a stronger share of the payments market.

Key country  findings from the Optimizing your Alternative payments whitepaper reveal that :

Germany - is a leading AP market globally. Currently 66% of eCommerce purchases (EUR45 billion) are made via alternative payment types. Online credit card penetration is low whilst managed offline credit transfers are popular. Elektronisches Lastschrift Verfahren (ELV), a form of direct debit payment, makes up a huge 28% of the market

India - Internet bank payments are the preferred choice when paying online. Prepaid cards and cash payments are also popular but mobile payments are gaining prominence due to the large number of mobile phone users in this region

China - Alipay dominates in China with 60% of the market share. Cash on delivery is also a popular form of payment (20%). China UnionPay credit cards are also important for retailers entering the Chinese market. As a card scheme, it is already bigger than MasterCard and forecast to be bigger than Visa this time next year

Austria - Mobile payments are popular with Paybox supporting over five million users
Netherlands - Whilst the eCommerce market is relatively underdeveloped, two thirds of payments are made using alternatives (66%) -- the vast majority using iDEAL, a native real-time bank transfer

Phil McGriskin, Chief Product Officer, WorldPay, comments: "Cultural payment preferences have always existed but until fairly recently, online purchasing options were dominated by global card schemes. With the advances in technology, a new generation of  shoppers, and developing online economies, alternative payments are growing in popularity. This presents an opportunity in the eCommerce space for merchants to gain a competitive advantage by offering customers the option to pay using their preferred payment type. Merchants need to identify where their target customers are located and offer the relevant payment options to cater to cultural preferences. This will ultimately drive revenue for merchants, especially in new and developing economies."  

 

What are the factors driving AP in your market ? What USPs will payment schemes have to provide to   protect their hold in an ever changing landscape?view the

To view the latest jobs in the card and payment industry, go to http://www.cardandpaymentjobs.com