CardFlash.com Breaking News: MBNA (UGO); PARKMOBILE (Fort Worth); INFINEON (CUP); and CTS (convention). MBNA – UGO inked a commitment by MBNA and CUETS Financial to build functionality to add their portfolios of MasterCard credit card products to UGO Wallet in the future. MBNA and CUETS Financial are the third and fourth major credit card portfolios…
The 20th annual SESAMES Awards, which rewards the best innovations in the fields of secure payment solutions, identification and mobility. During this year’s CARTES SECURE CONNEXIONS event, 11 winners have been awarded.
NXP, Infineon and STMicroelectronics have scored the highest ratings of top IC vendors active within the payment cards. A total of five companies were scrutinized against 10 different criteria all under the categories of Implementation and Innovation.
The total value of transactions conducted via mobile handsets and tablets will reach US$1.8 trillion by the end of 2014. These trends have led to the development of numerous solutions and technologies that address the security challenges of mobile banking and payments.
Didier Lamouche is the CEO of Oberthur Technologies, a firm that offers end-to-end solutions in the Smart Transactions, Mobile Financial Services, Machine-to-Machine, Digital Identity and Transport & Access Control fields.
Internet is very much a part of modern life; today online world has pierced in every aspect of our lives such as online shopping, banking or chatting. Not only e-commerce is continuously growing, online services from public sector are also increasingly used throughout Europe. They provide a more convenient and efficient way for the public to access their government services and reduce the frequency of the time-consuming visits to their local government offices. Prerequisite to use online public services with a secure proof of identity is an electronic identity card (eID) with security chip. One recent example of such an eID implementation was the Slovak Republic which just started to issue an eID using solely security chips from Infineon Technologies AG to store the personal and confidential data of their citizens.
The world’s first contactless smart cards compliant with the CIPURSE open security standard provide a convenient and cashless way to pay for services such as taxi rides or use health care. Manufactured by Giesecke & Devrient (G&D), the cards are based on a CIPURSE-compatible contactless security controller from Infineon Technologies. Initially defined for flexible and contactless transport and ticketing systems, CIPURSE also allows the flexible combination of identity and payment functions in mobile devices or multiple application cards. CIPURSE is highly flexible and allows the combination of multiple transport- and ticketing applications on a single card. The cards can also easily support identity or payment functions. Utilizing the advanced AES 128 encryption algorithm, CIPURSE enables fast and secure transactions. Furthermore, a certification process ensures compatibility of CIPURSE products from different suppliers. This combination of features makes CIPURSE an ideal solution to implement open and future-proof contactless systems without compromising on security.
Long waits and rummaging for small change to pay for coffee and a newspaper on the way to work? Potentially a thing of the past in Germany’s metropolitan area Hanover, Braunschweig and Wolfsburg: There, the German Banking Industry Committee (Deutsche Kreditwirtschaft) today launches its “girogo” project: Europe’s biggest contactless payment trial. Over 1.3 million bank…
INSIDE Secure, a leader in semiconductor solutions for secure transactions and digital identity, today announced that its SecuRead® NFC platform is the first product in the industry to pass the new EMVCo Platform Security Evaluation Process and receive certification. This certification provides assurance to mobile device manufacturers, mobile network operators and software developers that the…
INSIDE Secure, a leader in semiconductor solutions for secure transactions and digital identity, today announced that its SecuRead® NFC platform is the first product in the industry to pass the new EMVCo Platform Security Evaluation Process and receive certification. This certification provides assurance to mobile device manufacturers, mobile network operators and software developers that the…
The Smart Card Alliance announced its 2011-2012 board and seven-member executive committee following elections at the 10th Annual Smart Card Alliance Government Conference in Washington, DC. With this, the Smart Card Alliance elected executive committee includes in Chair: Willy Dommen, Accenture; Vice Chair: Garfield Smith, Oberthur Technologies; Treasurer: Paul Legacki, Infineon Technologies; Assistant Treasurer: Brian Russell, Giesecke & Devrient; Secretary: Greg Garback, Washington Metropolitan Area Transit Authority; Assistant Secretary: Wendy Humphrey, Bank of America; and Technology Vice Chair: Neville Pattinson, Gemalto.
Tyfone mobile financial solutions has announced strategic new hires for expanding and marketing its NFC contactless payment and mobile banking solutions. Tyfone named Todd Nuzum to the new role of vice president of technology, bringing with him more than 25 years’ experience in technology research and development, including 13 years as a business systems architect with First Data merchant processing. Mark Miyamoto brings over 16 years of sales and management experience from various industries to Tyfone and will serve as director of sales. Aparna Battula will serve as director of engineering, with more than 16 years’ experience while Mahendran Kathiresan, serving as director of global alliances, will work out of the Asia-Pacific Division.