CardWeb.com’s CardData database of Company Profiles today features MagTek.
SmartMetric patented payment card technology and in-card biometric products created a sub-micro operating system for nano-computers. The SmartMetric Intelligent Card OS is an operating system that unlocks new possibilities for software and app development for a payment card-sized device that has broad functionality, comparable to a smartphone or tablet. SmartMetric’s operating system is designed to run on the SmartMetric intelligent card, which combines biometrics with patented nano-computing technology, the world’s smallest fingerprint reader, an internal ARM 9 processor, processing power equal that of a PC, and up to 128 gigabytes of memory, matching the maximum memory capacity of current iPads.
DeviceFidelity NFC and security platform provider obtained a total of 40 patents covering the innovative and streamlined product portfolio that empowers apps utilizing NFC (Near Field Communication) and security technologies. The latest edition to DeviceFidelity’s patent portfolio is Patent #ZL200880107195.2 which is now newly issued in China. The patent enables an NFC based mobile wallet implementation that uses a microSD Secure Element with credentials issued from multiple different enterprises. The growing portfolio is a testament to the company’s growing success in obtaining design wins with large providers in the payment, security, mobile identity and access management space. DeviceFidelity’s extensive portfolio of patents covers the implementation and management of NFC technology, security and unique miniaturization and amplification solutions on a removable module that can be attached to most smartphones. Patents such as “Interfacing transaction cards with host devices” cover the smart technology that allows for smooth integration of NFC microSD products into phones that already have NFC technology built-in.
SmartMetric “secured by Biometrics” Credit and Identity Cards has secured another $1 million (USD) in funding from private strategic investors. The additional capital will be applied to operations, most directly to complete the company’s production facilities in Buenos Aires, where the company will install key robotic assembly equipment. This will finalize SmartMetric’s full-scale manufacturing capabilities of its enhanced fingerprint activated EMV Cards.
Tyfone mobile financial and security solutions provider secured two U.S. Patents supporting its design solution to miniaturize a NFC antenna for use in mobile environments, including, but not limited to MicroSD cards, such as Tyfone’s next generation SideTap NFC card. This latest design works with any smartcard secure element, across multiple mobile devices and on any NFC reader without the need for cumbersome external booster antennas or after-market battery covers. The two U.S. Patents supporting this new design are: US 7,954,716, entitled “Electronic Transaction Card Powered by Mobile Device” with an effective filing date of February 22, 2005; and US 7,961,101, entitled “Small RFID Card With Integrated Inductive Element” with an effective filing date of August 8, 2008. Tyfone previously announced a Taiwan patent supporting this advanced design: I336449 “Electronic Transaction Card,” with an effective filing date of February 22, 2005.
SmartMetric recently opened offices in Tel Aviv, Israel for Research and Development as part of expansion of its engineering. Drawing on a team of software and electronics engineers in Israel, the company is experiencing significant advances and engineering results in its fingerprint credit card sized scanner to be used as a portable medical health records card in the health sector and a fingerprint activated banking and credit card in the banking sector.
Peter Himes has been appointedVP, Marketing and Strategic Alliances with Silex Microsystems. Bringing with him more than 25 years’ experience in the semiconductor and foundry markets. Himes began his career in engineering and over the fifteen years at National Semiconductor held a number of positions in marketing, corporate strategy development, sales, business development and general management. He was VP of Worldwide Sales for SiTime from 2008 through 2009 and President of QuickSil, a niche wafer foundry in Fremont California, until its sale at the end of 2010. He received a BSEE in solid state electronics from the University of Connecticut and an MBA from Santa Clara University.
SmartMetric integrated a fingerprint scanner inside a SmartCard, providing a technological platform that- when combined with the credit card industry standard EMV application- allows for the next generation of Banking and Credit Cards to be Biometric Fingerprint activated Cards. EMV is a global standard for credit and debit payment cards based on chip card technology. This next Generation of the 1.24 Billion issued “Chip & Pin” Banking Cards is the SmartMetric Fingerprint Card uses the same chip and works with the 15.4 million existing terminals around the world, replacing the least secure Pin with Fingerprint Biometrics.
SmartMetric will now pursue its infringers of its Patent based on the recent court ruling on definitions handed down one month ago in the United States District Court. Wells Fargo Bank, J P Morgan Chase Bank, US Bank and Silicon Valley Bank have all announced within the past months the issuance of EMV standard “contact” chip Banking Cards. SmartMetric alleges some of the largest Banks along with Visa are directly infringing the SmartMetric Patent that is already subject to Patent Infringement litigation against Visa and MasterCard. SmartMetric has decided to appeal this one definition interpretation in order for it to move forward with its claims of infringement regarding contactless chip cards, but says the rulings of the court on the other disputed definitions leave no doubt that the newly issued “contact” chip cards by some of the biggest Banks in the United States clearly fall within the definitions of its Patent and the company will pursue all infringements by all parties including Visa and MasterCard.
The smallest-ever card-based contactless payment FOB has been certified by MasterCard as a “PayPass” product. The new “VersaFOB” from Oberthur Card Systems is snapped out of a full size card at the end of the production process and then inserted into a key-chain casing. “VersaFOB” is patented, and Oberthur has plans to license the manufacturing and personalization of “VersaFOB” products to additional card manufacturers and commercial personalization bureaus. Oberthur says having the payment device on a keychain is the ultimate in speed and convenience for consumers and merchants. At mid-year there were nearly 10 million “PayPass” cards and devices in the market and approximately 32,000 merchant locations around the world that accept “PayPass,” including McDonald’s, 7 Eleven, CVS, Duane Reade, Sheetz and Regal Entertainment Group. (CF Library 10/27/06)
Fujitsu has launched its contactless palm vein authentication
device. Palm vein authentication is highly secure in that the veins are internal to the body and carry a wealth of information, thereby being extremely difficult to forge. Fujitsu’s palm vein authentication features a high rate of applicability across users in that impact from external factors during the authentication process is minimal. Such features of Fujitsu’s palm vein authentication overcome these technical issues and hygiene issues which are often of concern when using alternative biometric authentication methods, such as fingerprint
biometric authentication. Since its market introduction in Japan in July 2004, Fujitsu has sold approximately 5,000 units of its palm vein authentication device in Japan.
Siemens Semiconductors said Wednesday it will roll-out a fingertip sensor chip by the Fall of this year. Siemen’s fingertip sensor chip digitizes the user’s fingertip directly onto the chip, which can be integrated into a phone, an ATM, an automobile or other applications. The sensor is based on standard 0.8 micron CMOS technology and features 50mW power consumption and 500 dpi resolution. The sensor can register fingerprints in less than 100ms.