Category: NFC News

MasterCard and SK Telecom Sign Chip and Mobile Payments Service Agreement to Expand Acceptance

Development of Chip Based Services to Grow Mobile Payments Market Seoul, 7 March 2005–MasterCard International announced today that it has signed an agreement with SK Telecom of South Korea to further expand chip card acceptance and launch mobile payments services. Through this alliance, SK Telecom and MasterCard will upgrade the merchant network to accept MasterCard’s…

OTI Receives First Commercial Orders From Hypercom Corporation For ‘contactless’ Reader Solutions

Retailers to Benefit from OTI and Hypercom Technologies That Enable New, More Convenient, Contactless, Faster Payment Programs Fort Lee, NJ, March 1, 2005–On Track Innovations Ltd. (OTI) (NASDAQ: OTIV; Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions for homeland security, micropayments, petroleum payments and other applications, today announced that global…

MasterCard and Visa Agree to a Common Contactless Communications Protocol

PURCHASE, NEW YORK and SAN FRANCISCO, CALIFORNIA, March 7, 2005–MasterCard International and Visa International today announced that they have reached an agreement to share a common communications protocol for radio frequency-based contactless payments at the point of sale based on the MasterCard® PayPass™ ISO/IEC 14443 Implementation Specification and associated testing requirements. This will ensure that…

HID unveils multi-technology iCLASS contactless smart card and proximity reader for seamless access controll technology upgrades

multiCLASS™ Reader Targets Companies Seeking Flexibility and Increased Security IRVINE, Calif., March 3, 2005–HID Corporation, the premier manufacturer of contactless access control cards and readers for the security industry, today announced the company’s newest access control reader, named RP40 multiCLASS™, that combines its Prox 125 kHz proximity and iCLASS® 13.56 MHz contactless smart card and…

ASK to deliver 4 million RFID smart labels for US and European libraries

Bibliotheca and ASK enter strategic partnership to offer a complete library RFID system Westport, Feb. 28, 2005–ASK, a worldwide leading manufacturer of RFID products, has been selected by Bibliotheca, Europe #1 RFID library system provider to supply C.label, a unique RFID smart paper label, to American and European public libraries. ASK labels are based on…

RSA Security Teams with Intercede to Win European Aerospace Contract

Intercede announces that it has collaborated with RSA Security Inc. (Nasdaq: RSAS), to supply its MyID Smart Card and Identity Management System to a prestigious European aerospace contractor. Although the size of this contract is not material for current year revenues, it is significant because RSA Security is a leading provider of IT security solutions…

HID Corporation appoints David Sullivan new Managing Director of EMEA

Haverhill, UK, February 24, 2005–HID, the premier manufacturer of contactless access control cards and readers for the security industry, today announced that David Sullivan has been appointed to managing director of the Europe, Middle East and Africa (EMEA) region for HID Corporation Ltd effective March 1, 2005. He succeeds Spencer Hall who is retiring from…

OTI’s Easypark System Shows 78% Increase In Transaction Fees

System Grows to 166,000 Subscribers Fort Lee, NJ, February 22, 2005–On Track Innovations Ltd, (OTI) (NASDAQ: OTIV; Prime Standard [Frankfurt]: OT5), a global leader in contactless microprocessor-based smartcard solutions for homeland security, micropayments, petroleum payments, and other applications reported today that its EasyPark parking payment system has reached more than 166,000 subscribers in 25 cities…