BanQpay: Making sense of banking technology
A limited use contactless ticket by Finnish company Confidex Ltd. and designed for public transit agencies, has won the 2008 Frost & Sullivan Technology Innovation of the Year Award in RFID technology.
The fire fighters training academy in Tulln, Austria has installed a LEGIC contactless credentialing system.
Digital security provider Gemalto is supplying the Banco Santander Universities Group, which currently partners with 700 universities around the world, with multi-functional contactless campus ID cards that can be used as a debit card while controlling access to university buildings.
SCM Microsystems Inc. and Hirsch Electronics Corp. announced they have entered into a definitive agreement to merge. The combination of SCM and Hirsch is expected to result in a new security products company at a time of escalating market demand for converged security solutions leveraging smart cards and smart chip-enabled devices.
GTSI Corp., an IT infrastructure solutions and services provider, announced that it has partnered with Sagem Morpho Inc. to supply the Port of Miami with physical access control readers. The fixed biometric readers are used to authenticate Transportation Workers Identification Credential smart card holders via a contactless interface.
Litle & Co., a payment management platform for merchants in direct-to-consumer commerce, has named a former MasterCard executive to its newly-created position of “payments evangelist.” Tom Pouliot’s goal will be to educate employees and merchants while also serving as briefings executive on the payments industry-at-large, market trends, issues and competitive positioning.
By Doug Yeager, Founder, Elemental Knowledge Inc.
UK’s Coffee Republic, which began accepting contactless cards earlier this year, has now rolled out its own loyalty and payment card system using sQuid eMoney’s service. The new prepaid card will include multiple purses and is designed to replace cash transactions in fast food environments.
NFC’s slow development could cause it to lag behind other mobile payment solutions for at least six years, according to New York-based ABI Research’s latest report. In the mean time, the study notes, three existing technologies–text messaging, mobile Internet and downloadable mobile applications–have the potential to deliver what NFC so far has not. SearchLoading... |
The December meeting of the influential Government Smart Card Interagency Advisory Board (IAB) was recently held in Washington D.C. FIPS201.com was on hand to cover the event and has provided, as a service to the IAB and the smart card community, an audio recording of the presentations. Click on the link below to access a list of audio and accompanying PowerPoint slides (in pdf format).