BFSI Sector
Technavio has published a new report on the global biometrics market in the BFSI sector, which is expected to grow at a CAGR of close to 22% from 2015-2019.
Technavio has published a new report on the global biometrics market in the BFSI sector, which is expected to grow at a CAGR of close to 22% from 2015-2019.
Personalization specialist FESA Card Panama has inked an EMV partnership with Morpho (Safran). Morpho has already conducted more than 40 EMV implementation projects as a consultant in Panama.
Payment solutions and card technology provider Morpho (Safran) has teamed with Perfect Plastic Printing to accelerate their partnership in EMV card production.
Morpho (Safran) announced that it will be the EMV* card supplier to Metrobank Card Corporation (MCC), one of the largest credit card issuers in the Philippines. Morpho will deliver nearly half a million EMV MasterCard- and VISA-branded credit cards to MCC. Morpho will provide the contact modules for its highly secure, global platform-compliant EMV product with a Java operating system, JMV Pro. The solution enables card issuers such as MCC to migrate their magnetic stripe cards to the more secure EMV chip card.
Morpho (Safran), a leading supplier of high-tech solutions in security, mobility and payment, has just opened in Taubaté, São Paulo, Latin America’s first data center for Trusted Service Management (TSM) technology. The unit, which represents a part of the 3.5 million euros to be invested in Brazil, will provide the infrastructure for all businesses that need secure and convenient electronic mobile payment solutions via NFC, including banks, telecom operators and public transportation. Morpho’s Taubaté data center will enable these customers to streamline projects and releases with TSM technology and accelerate their implementation and operation. This will transform the user’s mobile phone into an electronic wallet with various payment and access features.
Morpho (Safran) mNFC platform, product and services provider, announced its partnership with Far EasTone Telecommunications (Far Eastern Group) for Trusted Service Management (TSM) technologies and solutions in the “FarEasTone NFC All Around Trial Program.” As the number one mobile network operator in Taiwan and a leading service innovator, Far EasTone’s vision is to build a nationwide NFC ecosystem by 2014. Users will be able to tap their NFC phones to pay for purchases, take public transportation and use loyalty programs. These transactions will be available at 25,000 PayPass point-of-sale terminals and 10,000 shops. The transactions will be done through Morpho’s Trusted Service Management (TSM) system.
Morpho announced has shipped the first half million units of its “NFC/LTE” SIM card to KT Korea, the second largest mobile network operator in South Korea, as part of a multimillion framework agreement signed earlier this year. With Morpho’s technology, KT can now enable customers to experience the benefits of contactless transactions. Customers can now use their mobile phones to pay transit fares or to make retail payments at 200,000 contactless terminals.
Based on TazTagâs “TazCard,” INSIDE Contactless, Sagem Orga and TazTag have partnered for the development of pre-alpha testing for NFC contactless payment with full NFC functionality on other applications. About the size of an ordinary credit card, the “TazCard” Java-based handheld device is capable of supporting a variety of NFC applications and has been facilitated with INSIDEâs Java-based test payment application. This all on a Single Wire Protocol (SWP)-enabled SIM card developed by Sagem Orga, which is connected to the INSIDE MicroRead NFC controller built into the TazCard. The TazCard also utilizes INSIDEâs Open NFC⢠protocol stack. With its 3.5-inch color touch screen, the TazCard is able to provide the user with a full NFC experience for payment and other NFC transactions. INSIDEâs third-generation MicroRead NFC chip provides the most mature NFC implementation.
Based on TazTag’s “TazCard,” INSIDE Contactless, Sagem Orga and TazTag have partnered for the development of pre-alpha testing for NFC contactless payment with full NFC functionality on other applications. About the size of an ordinary credit card, the “TazCard” Java-based handheld device is capable of supporting a variety of NFC applications and has been facilitated with INSIDE’s Java-based test payment application. This all on a Single Wire Protocol (SWP)-enabled SIM card developed by Sagem Orga, which is connected to the INSIDE MicroRead NFC controller built into the TazCard. The TazCard also utilizes INSIDE’s Open NFC(TM) protocol stack. With its 3.5-inch color touch screen, the TazCard is able to provide the user with a full NFC experience for payment and other NFC transactions. INSIDE’s third-generation MicroRead NFC chip provides the most mature NFC implementation.
Smart card solution provider Sagem Orga will present the worldâs first Wireless LAN SIM card at
the international CTIA Wireless show in Las Vegas. “ConnectSIM” brings both new freedom
and security for mobile phone users. The flexibility of a wireless LAN
connection can now be enjoyed with any mobile phone â combined with the
high security of a SIM card. The WLAN SIM card can be used in any mobile
phone to enable fixed-mobile convergence, proximity transactions,
trusted peer-to-peer operations between two SIM cards, strong
authentication services, WEB security and a large and varied set of
other use cases. Some of the most interesting use cases will be
demonstrated by Sagem Orga at the CTIA.
The National Institute of Standards and Technologies (NIST) has
published its Portal Challenge tests results from its Multiple Biometric
Grand Challenge (MBGC) showing Sagem Securite (SAFRAN Group) is at the
top of the biometric technology list. Mostly used for border control and
identity management, Sagem Securite identity solutions ranked No.1 in
face recognition, iris recognition and the combination of both. The NIST Portal Challenge report evaluated 7 companies and 5 universities and is
projected to bolster Sagem’s leadership role in personal, security, data
security and technological advances in the field. SAFRAN USA subsidiary,
MorphoTrak employs over 450 to provide biometric and identity management
solutions across the U.S. and Canada.
Sagem Securite and Printrak have joined forces to create “MorphoTrak” and will offer
biometric and identification management products and solutions to
Federal, state and local governments, and commercial markets.
“MorphoTrak’s” markets include law enforcement, border
control, civil identification, facility/IT security and access control.
MorphoTrak and its global parent, Sagem Securite, are providers of large fingerprint identification systems, facial and iris
recognition, as well as identification technologies such as smart cards,
secure travel documents, e-passports, and drivers’ licenses.