Smart Card & Identity News A New Flavour for eCash

More documents

Recommendations

Info

Both have tabled their proposals to the European Telecommunications Standards Institute (ETSI) and await the decision on which card future smartphones and tablets will use. According to the Financial Times, "Apple has applied to become the largest voting group in the ETSI having registered six European subsidiaries to become full members". Nokia in turn has questioned "whether it is right that one group of companies can obtain a high amount of votes by filing multiple membership application". Google Wallet Struggles for Market Place It is being reported that Google Inc is considering sharing revenue with carriers to encourage them to embrace the new technology after a slow take up. This month Google has seen to Jonathan Wall, one of the original creators and Marc Freed-Finnegan lead product manager for Google Wallet leave to start their own mobile shopping business 'Tappmo Inc'. The mobile payment market has created scores of competitors to Google, including ISIS a joint venture of Verizon, AT&T and T-mobile which we understand are nearing a launch date. PayPal Launches the PayPal Access Prepaid MasterCard PayPal UK has launched a new payment card that lets customers spend and withdraw money from their PayPal account on the high street and everywhere that MasterCard is accepted around the world. A PayPal Access Prepaid MasterCard holder who receives a PayPal payment can spend or withdraw the money straight away with the card - there's no need to transfer it to a bank account. The card holder has direct access to their available balance and can manage their card online via a simple single sign-in process. Gilles Coccoli, Managing Director of PrePay Solutions, adds: "The new card is a highly integrated and innovative product that has been carefully developed to meet the needs of PayPal customers. The addition of the new MasterCard PayPass technology is a first for PayPal in the United Kingdom and gives users even greater convenience." Smart Card & Identity News • March 2012 Microsoft Joins Financial Services Industry to Disrupt Massive Zeus Cybercrime Operation In its most complex effort to disrupt botnets to date, Microsoft Corp., in collaboration with the financial services industry - including the Financial Services - Information Sharing and Analysis Centre (FS-ISAC) and NACHA - The Electronic Payments Association - as well as Kyrus Tech Inc., announced it has successfully executed a coordinated global action against some of the most notorious cybercrime operations that fuel online fraud and identity theft. With this legal and technical action, a number of the most harmful botnets using the Zeus family of malware worldwide have been disrupted in an unprecedented, proactive cross-industry action against this cybercriminal organisation. This disruption was made possible through a successful pleading before the U.S. District Court for the Eastern District of New York, which allowed Microsoft and its partners to conduct a coordinated seizure of command and control servers running some of the worst known Zeus botnets. Because the botnet operators used Zeus to steal victims' online banking credentials and transfer stolen funds, FS-ISAC and NACHA joined Microsoft as plaintiffs in the civil suit, and Kyrus Tech Inc. served as a declarant in the case. Other organisations, including F-Secure, also provided supporting information for the case. As a part of the operation, on March 23, Microsoft and its co-plaintiffs, escorted by the U.S. Marshals, seized command and control servers in two hosting locations, Scranton, Pa., and Lombard, Ill., to seize and preserve valuable data and virtual evidence from the botnets for the case. Microsoft and its partners took down two Internet Protocol addresses behind the Zeus command and control structure, and Microsoft is currently monitoring 800 domains secured in the operation, which are helping identify thousands of computers infected by Zeus. Nine Finalists Announced in NFC Forum & WIMA's NFC Global Competition 2012 The NFC Forum, a non-profit industry association that advances the use of NFC technology, and WIMA, a worldwide event dedicated to NFC technology, announce the nine finalists in their Tap Into Innovation: NFC Global Competition 2012. 14
Created to recognise the development and deployment of innovative and exemplary NFC solutions around the world, this year's competition attracted three times as many entries as the previous contest in 2010, showcasing the tremendous growth and interest in NFC implementations. A jury composed of senior professionals and recognised experts from academia and industry evaluated all entries and selected three finalists in each of three categories, as follows. Best Innovative Solution for the entry that uses NFC technology in the most inventive way to address a market, business, or consumer need: SAi (Israel): Tag-a-Bag luggage tagging and identification: TapThat Games LLC (USA): TapThat game: XIUS (USA): MIT Active Poster Cafeteria Ordering System Best Business Viability for the entry that offers an NFC solution with the most commercial potential: Barclaycard (UK): Quick Tap contactless mobile payment service: Korea Smart Card Co., Ltd. (South Korea): Mobile T-money ticketing solution: NXP Software (China): MediaTribe media sharing Best User Experience for the solution that best leverages the power, ease, and convenience of NFC technology: good2gether (USA): good2gether and Do Good Badges for non-profit support: Korea Smart Card Co., Ltd. (South Korea): Mobile T-money ticketing solution: NXP Software (China): MediaTribe media sharing. Finalists are invited to the awards ceremony on April 12, 2012 at WIMA in Monaco, where the three first-place winners will be announced. Digital Money Forum Celebrates 15 year Anniversary Consult Hyperion has announced its popular Digital Money Forum is celebrating its 15th year. This year's annual event is taking place at the America Square Conference Centre in London. Guest speakers include representatives from the Bill & Melinda Gates Foundation, Google, Bitcoin Consultancy, Telefonica, Royal Canadian Mint, Gartner, Barclaycard, Sky TV, University of Cambridge, the Cabinet Office and more. The Forum will be chaired once again by Dave Birch, Director of Consult Hyperion. "We're delighted to be celebrating the 15th Anniversary of the Digital Money Forum this year," said Dave Birch, Chair of Digital Money Forum and Director at Consult Hyperion. "As we've developed the Forum over the years it has established a worldwide reputation. Our fantastic sponsors have allowed us to put on a great 15th Anniversary Forum, and we're looking forward to hosting it for many more years. I'd particularly like to thank Visa Europe for their forward-looking support for the Forum over many years." Hirsch Identive Showcases NFC "Mobile Touch to Open" at ISC West Hirsch Identive will demonstrate at ICS West a new access solution that enables customers to use NFCenabled mobile phones as secure credentials to access their facilities. The "Mobile Touch to Open" demonstration leverages Hirsch Identive's powerful new DIGI*Net access control platform, Velocity 3.5 management software and multiple NFC door readers to provide an end-to-end NFC physical access solution. "Many of our customers have been assessing the use of mobile phones as an alternative to traditional access cards as a more convenient ID device," says Stephen Healy, President and General Manager of Hirsch Identive. "Our NFC 'Mobile Touch to Open' solution demonstrates how customers can augment or over time replace their traditional access credentials with NFC-enabled smartphones, lowering the cost of credential issuance and improving security by reducing forgotten access cards." This year's Forum, sponsored by Visa Europe, Monitise and Barclaycard, will cover topics including identity and privacy in payments, mobile payments, the future of money around the world, and the relationship between financial and social inclusion. Smart Card & Identity News • March 2012 15
Page 1 and 2: dentity News • Smart Card & Ident
Page 3 and 4: What I’m hinting at here is that
Page 5 and 6: The second approach to handling low
Page 7 and 8: Overall Growth in CEE Cards Market
Page 9 and 10: World News In Brief Cryptomathic In
Page 11 and 12: Such standards help the industry wo
Page 13: Cajasiete intends to extend this ty
Page 17 and 18: World News In Brief OTI Files Paten
Page 19 and 20: iCAM7000 series for applications ra

Smart Card & Identity News A New Flavour for eCash

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?