Category: NFC News

OTI Named to Deloitte & Touche–Brightman Almagor Technology Fast 50 List Of Fastest Growing Israeli Tech Companies

Smart Card Technology Provider Highlighted By 364% Growth Over The Past Five Years Rosh Pina, Israel, November 24, 2003–On Track Innovations Ltd (OTI) (NASDAQ: OTIV; Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions, has been recognized as one of the fifty fastest growing Israeli technology companies by the Deloitte &…

Orchestrating Next-Generation Mobile Phone Services

A cutting-edge SIM Card with enhanced capability unveiled by three industry leaders, TIM, Oberthur Card Systems and STMicroelectronics Third Generation mobile services get closer thanks to the 1Mega Chip Rome, Geneva, Milan and Paris, November 20th, 2003–As the transition to third-generation (3G) wireless communications continues to gather momentum, the world’s most advanced mobile phone SIM…

MasterCard Records Sharp Increase in Smart Card Programs Worldwide

Financial Institutions Working With MasterCard to Manage More than 400 Chip Implementations–Double Last Year’s Purchase, NY, November 18, 2003–Registering a sharp rise in global demand for smart card services, MasterCard International today announced that it is now working with its customers on more than 400 individual chip implementations around the world. This figure represents more…

Infineon Introduces 32-Bit Smart Card Controller with 400 kBytes Flexible EEPROM

Customer Programmable Memory Shortens Time-to-Market for New Applications to One-Third Munich, Germany / Paris, France, November 18, 2003–Today at the “Cartes 2003” show in Paris, Infineon Technologies (FSE/NYSE: IFX), the world’s number one supplier of integrated circuits (ICs) for chip cards, announced the availability of new members of its 32-bit security controller 88 family. Featuring…

Philips advances smart card security for mobile applications

New 32-bit smart card controller IC from Philips Royal Philips Electronics (NYSE: PHG, AEX: PHI) today announced the launch of the industry’s first high-security 32-bit smart card controller chip, based on a standard core architecture, to offer more than 650 Kbyte of nonvolatile memory. This large memory size is needed for multi-application smart cards such…

MasterCard PayPass Trials and Survey Demonstrate Momentum of Contactless Payments

Results Reveal Strong Interest in a Simpler Way to Pay Purchase, NY, November 17, 2003–MasterCard International today announced initial results of its MasterCard PayPass contactless payment market trials taking place in Orlando, Florida and Dallas, Texas. MasterCard also announced results from a recent consumer payment survey, which showed that nearly half (49 percent) of consumers…

MasterCard Introduces MasterCard rePower™: A New Way to Prepay

Opens Up New Acceptance Opportunities for Financial Institutions and Helps Reduce Prepaid Airtime Reload Costs for Wireless Carriers Purchase, NY, November 17, 2003–Continuing to strengthen its momentum in the prepay arena, MasterCard International today announced the introduction of MasterCard rePower™, a payment mechanism that provides cardholders with a new way to reload a prepaid or…

Thales To Supply the Secured Smartcard Fare Collection System for the City of Oslo

Thales e-Transactions CGA S.A. has been appointed by AS Oslo Sporveier, the public transport operator for the city of Oslo, to supply the secure and multimodal contactless smartcard fare collection system for its urban transport network. This contract is for a complete project to upgrade the fare collection system for all modes of public transportation…

U.S. Dept. of Defense Finance & Accounting Service Selects SCM Microsystems’ Reader Technology

RMW Enterprises, Inc. to Supply 24,000 SCM Smart Card Readers Under Partnership Agreement FREMONT, Calif., Oct. 15 /PRNewswire-FirstCall/–SCM Microsystems, Inc. (Nasdaq: SCMM; Prime Standard: SMY), a leading supplier of smart card readers to the U.S. government, today announced it has delivered to RMW Enterprises, Inc., 24,000 smart card readers for use by the Defense Finance…

Gemplus Joins Forces With Plastkart for Smart Card Production in Turkey; Industrial strategic partnership to respond to Turkish market needs

LUXEMBOURG, Nov. 6 /PRNewswire-FirstCall/–Gemplus International S.A. (Euronext: LU0121706294–GEM and Nasdaq: GEMP), the world’s leading provider of smart card based solutions, and Plastkart, only fully Turkish-owned manufacturer of smart cards, today announced the commencement of a strategic partnership for the local production of smart cards. The agreement aims to deliver Gemplus’ card technology to the Turkish…