Inside Secure completed the agreement with Intel Corporation. INSIDE Secure extended the pre-existing worldwide perpetual license it had with Intel into a broad, royalty-free and fully paid-up license, with INSIDE Secure retaining ownership of most of the related IP assets and rights. It has also transferred to Intel its MicroRead-v5 next-generation NFC hardware and software modem technology currently under development, together with certain related tangible and intangible assets, including certain IP assets. At closing INSIDE Secure received USD 19.2 million in cash from Intel.
INSIDE Secure, a leader in embedded security solutions for mobile and connected devices, today announced it intends to enter into a new agreement with Intel Corporation, building on the relationship initiated with their NFC technology license agreement in 2011.
VeriFone Systems and RSA, the Security Division of EMC have partnered to market end-to-end encryption and tokenization solutions as an integrated payment security offering under “VeriShield Total Protect.” The “VeriShield Total Protect” will use security technology and leverage electronic payment systems at merchants world-wide to provide a consistent, consolidated approach to protecting payment card data from end-to-end, both pre- and post-authorization. The partnershipwill bring extensive implementation and business enablement resources to processors to ensure successful deployment of the service within their infrastructure and sales channels. Processors will market the solution to merchants as a means to reduce cost and effort associated with PCI compliance, gain new abilities to safely use transaction data to support customer analytics and drastically reduce their overall risk profile.
VeriFone has acquired Semtek encryption, allowing it to integrate the development, sales, implementation and support of end-to-end encryption solutions into the existing VeriFone organization to better fulfill customer needs, increase revenue and enhance support. VeriFone is offering royalty-free software licenses to device manufacturers and payment processors to further spur market adoption and better deliver encryption. VeriFoneâs initial investment in Semtek was announced in October 2007 and in April 2008 introduced “VeriShield Protect” end-to-end encryption for payments, which incorporated Semtek technology. VeriShield Protect has since been implemented across VeriFoneâs product line, encrypting card holder information at the exact instant of acceptance, inside a secure, trusted device, and keeps that data encrypted throughout an enterprise, to ensure protection of information even in the event of a security breach.
MS-based ATM provider Triton Systems will be releasing Triton Dynamic
Language in January 2010. “TDL” will supersede the “Triton Standard Communications Protocol and
Message Format” that is used by the majority of ATM manufacturers and processors to operate
off-premise ATMs. TDL is more flexible, gives processors more control
over the ATM and can be used to easily create custom applications.
TDL is a superset of Triton Standard with additional functionality. TDL is
backwards compatible with Triton Standard version 5.41 so that
processors that currently support Triton Standard will be able to support TDL-equipped
ATMs. However, to support the flexible new interface and many new features
included in TDL, processors will need to make extensions to their device handlers.
Similarly, Triton ATMs in the field can continue to run their existing software or
they can be updated with new software to take advantage of the additional features
provided by the organization.
GlobalPlatform is set to host a one-day card specifications technology training session in San Francisco on July 22nd. Overseen by GlobalPlatform’s Technical Director, the smart card development organization hopes to enlighten U.S. delegates, providing an overview of its specifications, core card specifications training and information on forthcoming technical releases. Additionally addressed will be educational items including the “GlobalPlatform UICC Configuration” technical guide on common and neutral environments for deployment and “Amendment C to Card Specification v2.2”. GlobalPlatform’s member driven association has deployed an estimated 305.7 million smart cards globally for over-the-air application downloads on 3G and GSM mobile networks.
GlobalPlatform says its goal is to show how to apply its card specifications and the value it can bring to multi-application, multi-actor and multi-business model smart card programs.
Offering smart card deployment education, GlobalPlatform is set to host
a one day card specifications technology training session in the Grand
Hyatt Hotel, San Francisco on Wednesday July, 22. Overseen by
GlobalPlatform’s Technical Director, the smart card development
organization hopes to enlighten US delegates, providing an overview of
its specifications, Ã¢ÂÂcore’ card specifications training and information
on forthcoming technical releases. Additionally addressed will be
educational items including the “GlobalPlatform UICC Configuration”
technical guide on common and neutral environments for deployment and
“Amendment C to Card Specification v2.2”. GlobalPlatform member driven
association has deployed an estimated 305.7 million smart cards globally
for over-the-air (OTA) application downloads on 3G and GSM mobile networks.
GlobalPlatform will hold a one day card specifications
technology training session in Vienna, Austria on Thursday
April 23, 2009. The training has been
designed to improve industry knowledge of the smart card specifications
available, their function and capabilities, and the benefits gained from
implementing standardized technology. The session will cover
GlobalPlatform’s role within the industry and its suite of
specifications, provide a thorough training on ‘core’ card
specifications and exclusively outline GlobalPlatform’s forthcoming
Standards body EMVCo has launched a web based subscription program.
EMVCo’s royalty-free final and published versions of EMV Specifications,
bulletins and application notes, type approval process documents and
approval lists will remain accessible without charge. EMVCo remains
committed to ensuring free industry access to these documents from the
EMVCo website. For a nominal annual fee of 750 USD per
user, the service will provide key stakeholders of EMVCo an opportunity
to monitor and participate in the document creation and review processes
of the organization. The subscription fees generated by the new website
service will be reinvested into the organization to support its ongoing
industry initiatives. The EMVCo subscription program has been
introduced to establish a new
communication channel that will broaden industry participation in the
development work of the organization and promote greater transparency
regarding EMVCo activities.
The ten initial board members of the Symbian
Foundation have welcomed the latest supporters of the Symbian Foundation
initiative. AT&T, LG Electronics, Motorola, Nokia, NTT DOCOMO, Samsung
Electronics, Sony Ericsson, ST-NXP Wireless, Texas Instruments and
Vodafone have seen their ranks grow to more that 50 companies getting behind the creation of an
open platform for mobile devices. On June 24, 2008, mobile industry leaders announced their intent to
create the Symbian Foundation, with membership open to all
organizations. The foundation software licensing model and governance has been selected
to secure transparency, encourage contribution and maintain platform
consistency. The foundation will promote collaboration, contributions
and active participation and will operate as a meritocracy.
The contributed software will be available for all foundation members
under a royalty-free license. From these contributions, the foundation
will then provide a unified platform with a single UI framework. The
foundation will make selected components available as open source at
launch and then work to establish the most complete mobile software
offering available in open source.
Smart card specifications association GlobalPlatform has released figures
conservatively estimated annual increase of 15% in the total number of
smart cards, which utilize the GlobalPlatform Card Specification as the
basis for card infrastructure, that have been deployed globally.the number
of deployed GlobalPlatform based smart cards has risen from 265 million to
305.7 million worldwide. Ninety GlobalPlatform-based card
implementations have now been reported across Europe, Asia, Australasia
and the Americas. GlobalPlatform has also identified the key
industry sectors driving issuance of GlobalPlatform based smart cards.
Of the 305.7 million cards deployed to date, 45%has been issued by
governments, primarily for ID and healthcare applications; 32.7% has been
issued by the mobile telecommunications sector; 21.9% has been issued by
the financial sector; 0.4% has been issued by the transit sector.
An additional two billion mid range USIM/SIM cards worldwide are
currently estimated to use GlobalPlatform card technology to enable
over-the-air (OTA) application downloads for 3G and GSM mobile networks.
In October 2007, this figure was reported to be 1.4 billion, resulting
in a year-on-year increase of 43%.