Thursday, 07 July 2011
Gemalto and UniCredit to Issue Slovakia's First Contactless Stickers for Mobile Payment
Gemalto announced its selection by UniCredit Slovakia to provide Optelio contactless stickers for its first commercial mobile payment deployment. The bank, part of the major financial institution UniCredit Group, is the first to market with a contactless debit payment service in Slovakia.
The Optelio sticker is a microprocessor-based secure personal device that provides a compatibility solution to enable contactless functionality for handsets that do not have contactless features built-in. By simply attaching the Optelio contactless sticker to their mobile phones, UniCredit customers will be able to use the contactless feature on payments under EUR 20, while larger amount transactions will require a PIN code. Payments can be made in fast food restaurants, cinemas, supermarkets and other retail outlets across the Slovakia, with its established contactless payment market of over 3,000 acceptance points in place.
UniCredit Group is a leading European bank operating in 22 countries and an overall global network embracing approximately 50 markets through over 9,600 branches. The Optelio contactless sticker has achieved MasterCard certification and complements a full set of Gemalto services already available for mobile payment.
APT Skidata Lands New Contract with Edinburgh Airport
APT Skidata, a UK parking technology specialist, has won a significant new contract with Edinburgh Airport to replace the existing car parking technology infrastructure to manage and control the parking of more than 4,500 vehicles.
The new system will make maximum use of the latest Automatic Number Plate Recognition (ANPR) and Radio Frequency ID (RFID) technologies for speed and ease of access for visitors without sacrificing control.
The installation, which is due for completion in July, includes considerable hardware to control the access to some 1500 short and business stay and 3000 long stay car parking spaces; two staff car parks; a special coach park; a taxi car park; and a taxi rank feed car park. Within these car parks are no fewer than 10 entry and 11 exit barriers and nine entry/exit points (using RFID only).
APT Skidata's Nigel Young says that maximum use is being made of new RFID devices that have been installed for the purpose of pre-pay top-up cards purchased by tax drivers and an open interface from the RFID to read 'Mifare' contactless cards used by airport staff: "Data from all of the technology installed can be gathered, transmitted and integrated within BAA's in-house management information and yield management systems," he says, "thereby giving BAA total visibility of their car parking operations."
Major ID Fraudster Jailed for 5 years 8 months
David Peters from London has been jailed for a 650,000-pound identity fraud. The City of London Police detective responsible for bringing him to justice described Peters as 'the biggest case of identity theft the force had ever investigated' and a 'full-time fraudster'.
Peters applied for driving licences using fake proof of identity documents, targeting rural Post Offices to ensure the documents were checked by someone less familiar with forgeries.
He would then use the driving licenses to open bank accounts and claim housing benefits. Peters also acquired two mortgages, worth a total of more than 400,000-pounds. Peters' frauds were linked to over 40 addresses across the UK. It is thought he spent the proceeds of his eight-year crime career on prestige cars, designer clothes and other luxury items.
DI Richard Fisher said: "This is the biggest case of identity theft we have ever investigated. The sheer number of the fake identities we discovered are evidence of how Peters was a full-time fraudster funding a life of excess at the expense of others."
"By working closely with the DWP we have brought an end to Peters' days of deceit, while at the same time sending out a warning to anyone else who likes to act as someone they are not as means to commit a crime."
Morgan Stanley Warns 34000 Customers of Data Breach
Morgan Stanley has written to its 34,000 customers to be cautious of a possible stealing of their financial details by some hackers. The criminals might have stolen the confidential data while in transit to the New York State Department of Taxation and Finance. The data includes customer names, addresses, their account and tax ID numbers and some social security numbers in unencrypted CD-ROMs.
Morgan Stanley believes "the package containing the CDs was intact when it arrived at its destination, but the discs were missing by the time the parcel reached the desk of the intended recipient".
Jim Wiggins, a Morgan Stanley Smith Barney spokesman told Credit.com that "the brokerage had failed to unearth the missing discs after a two-week investigation. The firm then notified customers and offered to pay for a year of credit-monitoring service to customers who received letters warning that their Social Security numbers were among the data".
40% Rise of LG Smartphone Sales
LG Electronics Inc, the world's third largest handset maker, expects its smartphone sales to rise by around 40 percent in the second half from that of 14 million units from the previous half. The company launched its latest product - 'Optimus 3D' in South Korea on 5th July, 2011.
Optimus 3D smartphone operates on Google's Android platform and Texas Instruments Inc's OMAP mobile processors. It will be available through South Korea's top mobile carrier SK Telecom.
LG Electronics has lowered its overall handset sales target for 2011 from 150 million to 114 million units as that of last year, because of the decreasing demand of demand of its mainstay feature mobile phones due to customers switching to smartphones.
Park Jong-seok, head of LG's handset division said: "Our overall performance is gradually improving...but it's difficult to give a precise prediction when our business will turn around due to a fast changing external market environment". According to Park, the company aims to sell at least 24 million units of smartphones this year after selling slightly more than 10 million smartphones in the first half.
LG is likely to report a fifth-consecutive quarterly loss from handset sales in the April-June quarter, as it fails to introduce compelling products to challenge Apple's iPhone and Samsung's Galaxy S, and due to weakening demand growth for feature-packed handsets.
MaxID Gets New CEO
MaxID, a leading provider of identity, access and security solutions, has announced the appointment of Bob Irwin as the Company's new Chief Executive Officer (CEO).
Bob Irwin was formerly the President and Chief Executive Officer (CEO) of Sterling Commerce, an IBM company, where he was responsible for providing strategic leadership in articulating the company vision, transforming the company's software delivery efforts and building strategic partnerships. Prior to being named CEO of Sterling Commerce, Mr. Irwin served as Senior Vice President of Global Sales.
Michael McCloskey, chairman of MaxID, said that "the board of directors selected Mr. Irwin based on his remarkable track record in leadership and sales, as well as strong executive and personal qualities".
Mr. Irwin took up his new position on from July 1, 2011 and joined MaxID's Board of Directors.
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