Wednesday, 14 December 2011
INSIDE Secure to provide NFC technology and products to Intel
INSIDE Secure today announced it has entered into an agreement with Intel Corporation to provide the company with INSIDE's NFC products and technologies. The agreement marks a significant milestone for INSIDE Secure and the future of the NFC industry, helping move this emerging technology towards full-scale market adoption.
The agreement gives Intel access to INSIDE's software, firmware and core hardware technology for development of future Intel products. In addition, INSIDE will provide Intel's Mobile Wireless Group with access to scalable NFC solutions based on INSIDE's MicroRead, SecuRead and Open NFC products.
"We are very excited to have this opportunity to work alongside Intel in the development of scalable NFC solutions for the industry," said Charles Walton, chief operating officer for INSIDE Secure. "Working with an industry leader like Intel will play a significant role in the mainstream rollout of NFC."
'Must Try Harder' on Cookies Compliance, says ICO
Website owners 'must try harder' on complying with the new cookies law the Information Commissioner's Office (ICO) said today, as it published its half term report on enforcing the new rules.
The ICO has also today published updated guidance for UK website owners, setting out specific examples of what compliance looks like.
Information Commissioner, Christopher Graham, said: "The guidance we've issued today builds on the advice we've already set out, and now includes specific practical examples of what compliance might look like. We're half way through the lead-in to formal enforcement of the rules. But, come 26 May next year, when our 12 month grace period ends, there will not be a wave of knee-jerk formal enforcement actions taken against those who are not yet compliant but are trying to get there."
EMVCo Delivers Update On Its EMV Contactless Mobile Payments Advancements
EMVCo, the EM(r) standards body collectively owned by American Express, JCB, MasterCard and Visa, has published a white paper providing an update on its work to securely standardise contactless mobile payment (CMP) deployment.
The paper, titled: 'EMVCo White Paper on Contactless Mobile Payments' highlights the areas in which EMVCo is engaged in the development of the CMP landscape and offers an overview of the other standards bodies providing input. Free to download from EMVCo's website, the document should be read by all stakeholders working to deliver CMP, and will be of particular interest to those parties that are new to the payments market.
Patricia Partelow, EMVCo Executive Committee Chair, comments: "EMVCo recognises the great potential of using a mobile handset to initiate a payment. At the same time, we acknowledge that this creates new challenges for the payments market that must be resolved to implement a secure, efficient and sustainable infrastructure. EMVCo has been working over the last few years to ensure that its specifications and testing processes meet the requirements of this emerging payment environment and the development of this white paper delivers a full update on the activity. The document also aims to enhance the understanding of EMV technology among CMP industry stakeholders."
SMARTRAC Signs Agreement to Acquire KSW Microtec AG
SMARTRAC N.V. announces that the company signed a contract with Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG, Jena, Germany, regarding the acquisition of KSW Microtec AG by SMARTRAC N.V. at an amount of EUR 24 million enterprise value. The acquisition is subject to standard closing conditions.
KSW and SMARTRAC have very similar positions in the global RFID value chain. Thus, the acquisition will not create any channel conflicts. The long-term expertise of KSW in the high frequency (HF) and ultra-high frequency (UHF) RFID inlay production and proprietary know-how of KSW are expected to contribute to strengthening SMARTRAC's technology base. Synergies are also expected to result from joint research and development activities.
"We are very pleased to welcome KSW Microtec AG in our group of companies. Thomas Hitzer and his team have a very good reputation in the RFID industry regarding service orientation and product quality", said Dr. Christian Fischer, CEO of SMARTRAC. "KSW's product portfolio and technology range ideally complement our strong intellectual property. We are very confident that the acquisition will create value for the employees, global customer base and stakeholders of our companies."
NXP and Bank Mega Enhance Customer Experience with Multi-application Smartcard
NXP Semiconductors and Bank Mega announced that they have collaborated to bring an innovative contactless ticketing solution to Trans Studios Makassar and Bandung, two of the world's largest in-door theme parks. This contactless smart card enables visitors to securely access the theme parks' facilities as well as make convenient micropayments at retail locations and public services possible.
The deployment is one of the largest contactless, multi-application card schemes in Indonesia. The MIFARE DESFire EV1 microcontroller-based technology, which is conventionally used in transport projects, will allow visitors to enjoy the theme park and all of its attractions without using cash or tickets. Visitors can also use the same card for shopping and payment of road toll and car park fees.
Henri Ardevol, vice president and general manager, secure transactions, NXP Semiconductors said, "The rich solution developed with Bank Mega proves the full potential of NXP`s multi-application smart card ICs. Modern contactless solutions such as these ensure uncompromised convenience, performance and security for applications like transport, access or micropayment."
GlobalPlatform Welcomes Broadcom as Observer Member
GlobalPlatform today announced that Broadcom Corporation, a global innovation leader in semiconductor solutions for wired and wireless communications, has joined the organisation as an Observer Member.
Kevin Gillick, Executive Director of GlobalPlatform, adds: "We look forward to welcoming Broadcom to the organisation and benefiting from its depth and breadth of knowledge in the mobile market to further progress GlobalPlatform's presence in this key sector."
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