French interbanks tap Gemalto to power mobile payments

France’s national interbank network will add Gemalto’s mobile payment service in an effort to provide a smooth transition to contactless technology. Gemalto will develop specifications enabling Groupement des Cartes Bancaires (CB) members to use Pure, Gemalto’s white-label mobile payment service that’s already used by 27 national payment schemes and large retailers around the world, the Netherlands-based technology company said in a Dec. 9 press release. Read more: fintechranking.com