Tuesday, 22 November 2011
Morpho Manages Digital Identity with SIMply Me!
With 'SIMply Me!' Morpho (Safran group) has launched a solution to manage digital identities on the mobile Internet. The solution uses a (U)SIM to secure the use of mobile subscribers' digital identity credentials to provide secure access, via a mobile phone, a tablet or a laptop, to online services requiring authentication or e-signatures.
"Part of our strategy is for identification solutions to evolve into e-Identification solutions," explained Paul Naldrett, Senior Vice President Telecoms at Morpho. "SIMply Me! provides strong, secure and valuable Internet identity management for the benefit of mobile operators in the web market. For mobile network operators, the value of the digital identity is increased since this identity is created during the subscription process when identity credentials are acquired. As a result, the solution significantly reduces the risk of identity theft and Man-in-the-Browser (MItB) attacks."
Datalogic to Acquire Accu-Sort Systems
Datalogic S.p.A. announces that yesterday it has entered into an agreement with certain subsidiaries of Danaher Corporation to acquire Accu-Sort Systems Inc. (and certain of its affiliates) ("Accu-Sort"), a leading supplier of Automatic Identification (Auto-ID) products in the United States.
Founded in 1971 and based in Telford, Pennsylvania, Accu-Sort is a leader in the United States in the design, production, integration and maintenance of Automatic Identification (Auto-ID) systems, with revenues of approximately USD 92 million in 2010.
The agreed purchase price of USD 135 million (on a cash-free debt-free basis) is subject to customary closing conditions. The closing of the transaction is expected to occur in the first quarter of 2012.
Atos and Travelex Strengthen Partnership with Major New Contract
Atos today announces that it has signed a major five year contract with Travelex, the world's leading specialist provider of foreign exchange and international payments for consumer and business customers.
Under the five year agreement Travelex and Atos Worldline, which brings together Atos core expertise in hi-tech transactional services, will collaborate to provide enhanced cross-border card payment capabilities.
The partnership will allow shoppers at over 72,000 point of sale machines in Atos Worldline's participating merchant network in Europe to pay in their preferred currency. Travelex Currency Select enables acquirers to provide shoppers with transparency, certainty and choice at the point of sale.
Atos Worldline has global experience in providing merchant acquirers with payment solutions. Travelex also effectively operates as an acquirer in its own right with its global ATM network as well as its own "direct-to-market" merchant acquiring business.
Atos Worldline and Travelex will work to deploy the cross-border card payment functionality solution on card-present (POS) and card-not-present e-Commerce channels to European merchants in 2012.
When "Most Popular" Isn't a Good Thing
If you're one of those people who thought it was clever to use "password" as your password, it's time to wisen up and make a change. In an effort to encourage adoption of stronger passwords, SplashData, a leading provider of password software for more than 10 years, today released its "25 Worst Passwords of the Year" list for 2011.
SplashData's top 25 list was compiled from files containing millions of stolen passwords posted online by hackers, according to CEO Morgan Slain.
"Hackers can easily break into many accounts just by repeatedly trying common passwords. What you don't want is a password that is easily guessable. If you have a password that is short or common or a word in the dictionary, it's like leaving your door open for identity thieves."
The top 25 passwords are at: http://splashdata.com/splashid/worst-passwords/index.htm
Clear2Pay Gains Scale in Payments and Cards Expertise with ISTS Worldwide Acquisition
Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces that it has acquired ISTS Worldwide a US based services organisation, specialised in retail payments technology.
ISTS Worldwide is based in Fremont, California. The company further has a large CMMI Level 3 certified development and project delivery centre in India and an office in France. Its core solutions are focused on the card transaction space and test automation. It serves payment processors such as Blackhawk Network (a subsidiary of Safeway), ATX (a subsidiary of Euronet), PayPal, Commidea, Loyalty One and more. ISTS also works in the payment value chain with clients in retail (Sears and Levis), eCommerce (Intuit Symantec and Marketlive), POS (Verifone, Sequoia Retail Systems, Gilbarco) and Software vendors such as Microsoft and Trustwave.
Michel Akkermans, Chairman and CEO of Clear2Pay states: "In working with large financial institutions we recognise the renewed interest in payments as the prime customer touch point. This leads to a huge demand in payments specific technology and skills in product development and project management. With ISTS we can both offer a pool of card and payments expertise in the US and India, as well as the experience of onsite/off shore project management and delivery. This onsite/offshore delivery model will be leveraged inside the Clear2Pay group and will enable us to support our customers in bringing robust future proof technology, and thus their payment products, to market in a much shorter time frame".
'An Easy Way to Pay' is Not Enough to Drive Global Adoption of the Mobile Wallet
Simply providing consumers with the convenience and functionality of mobile wallet technology will not be sufficient to drive mass-market adoption, asserts Mobey Forum in a new white paper announced today. Entitled 'Mobile Wallet - Definition and Vision', the paper offers a new perspective on what will drive consumer take up and highlights how industry stakeholders need to work together to extend the user experience beyond that of a conventional wallet by providing 'rich content' that offers unique opportunities for users.
To download the Mobile Wallet - Definition and Vision white paper without charge, visit www.mobeyforum.or
If you would prefer to receive your News On Line email in plain text, please send an email with "Plain Text" in the subject line.
If you are a subscriber to our Daily News On Line service or Monthly Newsletter you are entitled to access restricted pages on our website news archive. For the username and password please send an email with "Subscriber Password" in the subject line. lesley.dann, Subscriptions Administrator, Smart Card Group. firstname.lastname@example.org
To Unsubscribe Email Us at email@example.com or click Unsubscribe
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. If you receive this online news from a forwarded source please contact the team at Smart Card News Ltd. It is illegal to replicate this online news.
Tel: +44 (0)1903 734 677