Smart Card Group's Information Gateway
[ Home : Contact Us ] - [ Daily News : Archive : Consultancy : Resources : Directory : People : Exchange : Shop ]


Welcome to Smart Card News
Ltd
Daily News On Line AS


Monday 01 October 2001


Award for Secure Smart ID Card in Sweden

Posten (the Swedish Post) and SmartTrust have won the EEMA Award for Excellence in Secure Electronic Business and their success in developing and introducing secure electronic IDs in Sweden.

EEMA, the premier European forum for electronic business, announced the award at this year's Information Security Solutions Europe (ISSE) conference in London. A panel comprised of leading neutral experts in ITC security chose SmartTrust and Posten as the "vendor and user partnership on a successful project that has resulted in a groundbreaking European e-business security solution offering significant practical benefit."

Building on SmartTrust solutions for generating and managing digital identities, Posten has delivered about 40,000 Smart Cards based on electronic ID cards to the Swedish market. Annual issuance is expected to increase to 150,000 cards as Posten makes electronic ID cards readily available to all Swedish citizens through their local post office.

Antti Vasara, CEO of SmartTrust, said: "The EEMA award acknowledges our leadership in providing the security framework and infrastructure to services such as the Swedish National Electronic Digital Identity."

*

paybox Mobile Payment System Launched in the UK

A new mobile payment system has been launched in the UK. Called paybox, it enables people to shop online securely or send and request money from friends using just their mobile phone. It operates like a direct debit card in the user's mobile phone and is compatible with any bank account, mobile phone and on any mobile network.

A year after its German launch in May 2000, there are over 260,000 registered paybox users and 5,000 retailers in Germany and the company has since expanded into Sweden, Austria and Spain. In the UK paybox is accepted at over 30 web sites, including lycos.co.uk, mangoshop.com, World of Shopping, CD WOW! and Coral Eurobet.

When buying something from a paybox-registered online retailer, the user enters their mobile telephone number into the retailer's existing payment system (ie. the online checkout) - which is integrated with paybox's system online - instead of their credit or debit card number. Within seconds, paybox calls the user's mobile phone to request a four-digit PIN to authorise the transaction.

Once authorised, paybox informs the retailer immediately, then debits the user's current bank account as with a normal direct debit payment. The user automatically receives a text message as a receipt of the purchase, and a further e-mail confirmation is also an option.

paybox finances its operations similarly to credit card companies via a transaction fee. There is no charge for consumers to use paybox - online purchases and person-to-person transactions are currently free of charge - what's more, paybox is promising to reward existing users who sign up a friend with 5 for every new customer they introduce.

*

Fingerprint on a Smart Card to Replace PINs

Miotec has signed an agreement on marketing, sales and product development collaboration with Precise Biometrics of Sweden involving Miotec licensing the Precise Match-On-Card functionality, developed by Precise Biometrics, for its PKI products.

The Miotec Biometrics PKI card features a chip in which a file is stored containing data about the user's fingerprint. When the card is used, the fingerprint template stored in the chip and the submitted fingerprint are compared within the card itself (Precise Match-On-Card).


Important Information

From time to time, this news service may include industry forecasts and forward looking statements made by the companies concerned. Readers should be advised that Smart Card News Ltd cannot be held responsible for decisions and/or actions taken by readers of our news service, based on the information provided.

This news is only to be distributed to persons/companies who have a contract with Smart Card News Ltd. Unless your company has gained a licence and/or written permission from Smart Card News, the contents of this news page are not to be forwarded to any other person or server. Any replication by any means without prior permission is illegal and action may be taken.

For more detailed information please refer to our Terms and Conditions.

This Section

Daily News On Line

AS: All Subscribers

Useful Links


   2001 Smart Card News Ltd