Smart Card & Identity News A New Flavour for eCash

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HID Global and NXP helped create the current market for card-based physical access systems and are now jointly moving these solutions to mobile phones as NFC becomes a standard feature. The contactless cards that employees use to enter corporate buildings and parking garages can now be transferred to an NFC-enabled phone storing digital access credentials. The credentials are stored on NXP's embedded Secure Element within the handset and are presented by the mobile phone in a manner that is compatible with access control readers and systems. As the use of NFC smart phones for access control becomes increasingly more popular, consumers and enterprises can expect the same high level of security with improved convenience on a mobile device. MasterCard Introduces New Tool that Predicts the Potential for eCommerce Fraud in Real Time Ecommerce merchants have a new tool at their disposal to help mitigate the risk of fraud in online transactions, with MasterCard's introduction of Expert Monitoring Fraud Scoring for Merchants. The new tool enhances merchants' insight into card behaviour beyond a merchant's website or a cardholder's shopping cart. The service provides merchants with a predictive fraud score for Card- Not-Present transactions in real time to measure the likelihood that a transaction is fraudulent. This is done using fraud detection models designed specifically for eCommerce merchants, which uniquely enables merchants to evaluate a longer span of transaction history to deliver a fraud score that more accurately describes online cardholder behaviour. eCommerce merchants continue to face heavy losses from fraudulent transactions. According to the Lexis-Nexis 2011 True Cost of Fraud Study, merchants incurred costs of more than $2.33 for every $1 of fraud committed, absorbing more than $102 billion in total losses in 2011. To lower their risk in this space, eCommerce merchants utilize an average of four to seven fraud detection solutions to validate orders and identify fraudulent transactions. Accumulate and Potevio Signs Agreement for Mobile Payment and NFC Solutions in China Accumulate and Potevio have signed an agreement to cooperate, develop and deploy secure, innovative and easy to use mobile financial and mobile in the Smart Card & Identity News • March 2012 authentication services on the Chinese market. Projects will include a unique NFC solution that will have its first customer deployment before summer this year. Other projects are in mobile payments and a solution for secure payment of utility bills. "This agreement is a great milestone for Accumulate and Accumulate Asia. We are already in discussions with large players in the China financial and telecom industry. So, soon new mobile payment and mobile authentication services projects, based on this cooperation, will be started", says Kelei Wang, Managing Director of Accumulate Asia Ltd. Services developed and deployed under this cooperation will support all major mobile platforms including; Android, Blackberry, iPhone, Java and Windows. PrePay Solutions awarded European Best Breakout Company of the Year The leading prepaid services company in the UK and Europe has been crowned Best Breakout Company of the Year at the Paybefore Awards Europe 2012, a major industry event. PrePay Solutions is one of just 12 companies honoured at the awards which took place at the Gift Card, Gift Voucher and Reloadable Card Summit. Gilles Coccoli, Managing Director of PrePay Solutions, commented: "This award is Europeanwide recognition of our success in the industry, and we are committed to remaining a leader in our field with innovations in prepay." Paybefore CEO Marilyn Bochicchio commented on the awards: "The introduction of Paybefore Awards Europe provides the opportunity for Paybefore to specifically highlight businesses offering prepaid products in Europe and to applaud their success in addressing local market needs." Iris ID Systems Announces Interoperability Between Its' IrisAccess Platform and NFC- Enabled BlackBerry Smartphones Iris ID Systems Inc. and HID Global announce that the IrisAccess platform iCAM7000 can be used with select NFC enabled BlackBerry 7 smartphones. The BlackBerry Bold 9900/9930 smartphones activated with HID Global's iCLASS digital credentials will be compatible with the installed base of iCLASS readers that are embedded 18
iCAM7000 series for applications ranging from physical access systems in buildings to applications that track time and attendance, and other identity dependent applications. Using a NFC-enabled BlackBerry smartphone, the iris templates of a user are securely stored to an iCLASS digital credential on the phone. That credential can then be presented for authentication by simply holding the NFC-enabled BlackBerry smartphone in front of an iCAM7000 series iris camera. Andrew Bocking, VP Handheld Software Product Management, at RIM, said, "Having added NFC capabilities to a range of our BlackBerry 7 smartphones, we're excited to be able to support the secure storage of an Iris ID biometric template to an iCLASS credential. NFC enables smartphones to become even smarter mobile computing platforms, and this is another great example that demonstrates the potential that NFC on mobile devices brings to the physical access control space." Pilot programs using BlackBerry smartphones activated with iCLASS digital credentials and iris identification are planned for later this year. More than 100 million MULTOS Chips Shipped in 2011 MULTOS technology providers saw a record breaking 2011 with over 100 million chips being delivered to customers in just one year, bringing the current MULTOS issuance total to well in excess of 300 million cards, reports MAOSCO Ltd., the Secretariat of The MULTOS Consortium. MULTOS products are deployed in markets that require the security, flexibility, ease of issuance and open supply chain that are the hallmarks of the MULTOS platform; especially suited to EMV migration, government ID and embedded security markets. The 2011 results were predominantly related to the significant uptake of MULTOS cards within the banking industry for EMV migration, covering all the global payment brands and now including numerous local and regional ATM/debit card schemes. Dave Meadon, Chairman of The MULTOS Consortium Council, comments "It has been a phenomenal year for MULTOS. These 2011 results show that MULTOS is recognised as a trusted platform for the payments business around the world. MULTOS' presence within the ID market also remains strong with a number of fully Smart Card & Identity News • March 2012 established National Identity implementations in place. As a growing group of organisations dedicated to maintaining, developing and promoting MULTOS, the MULTOS Consortium is committed to ensuring that this platform continues to meet the ever evolving needs of the payments, identity, and other markets." Western Union Advances with Cross- Border Mobile Services Western Union announced that the company now has mobile money transfer agreements with a total of 26 mobile wallet providers in 22 countries. Twenty of these agreements are with mobile network operators, collectively representing over 285 million subscribers, while the remaining six are with banks and independents. The company has already launched mobile money transfer services in nine countries: Bangladesh, Burkina Faso, Canada, Kenya, Madagascar, Malaysia, the Philippines, Tanzania and the U.S. "According to Gartner, mobile payment services are expected to reach US$245 billion in value worldwide by 2014," said Diane Scott, Chief Marketing Officer and President, Western Union Ventures. Western Union also recently announced new mobile service launches in Bangladesh with Banglalink, Burkina Faso with Inova, and Madagascar with Telma. These three launches follow four new strategic alliances announced this week at the Mobile World Congress in Barcelona. Smartcard News Subscription Smart Card & Identity News is an independent international newsletter. Our Key industry topics are smartcards, biometrics, cryptography, identity management, RFID, Mobile and payments. Within these industries we cover technological advances, security breaches, new products, personnel changes, contracts and company takeovers. We also include opinion pieces and technical tutorials from the industry’s leading experts. To subscribe please contact us on +44 (0)1903 734677 or email info@smartcard.co.uk, subscription can also be purchased on Amazon by searching for “Smart Card & Identity News” 19
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