Government ID, Smart Cards, Identification and Authentication

Hong Kong's smart ID cards secure online banking

Friday, March 10, 2006

Government-issued IDs flourish as private-sector security token

In some parts of the world, the acceptance of token-based authentication is slow and requires prodding from service providers, but in Hong Kong the use of smart cards and tokens is flourishing as consumers use the technologies for digital banking and other services.

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Global Industry Analysts Inc. released a report forecasting the outlook on the global smart card market to reach 10.9 billion units by 2015.

GIA credits the growth driven largely by major initiatives in the financial, government and security sectors, with the telecom sector at the way ahead of the pack as the largest end-user. Increasing usage of contactless technology, newer applications and mandatory EMV migration across countries are also major drivers boosting the global market for smart cards.

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Precise Biometrics has developed a new line of “smart cases” for brands of tablets and smart phones to be released in 2012 and 2013. The new smart cases have built-in card reader and fingerprint sensor enabling users to both secure their devices as well as replace various password-based security for protected online sites and applications.

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The Asia Pacific region is one of the largest users of smart cards, so much that it now leads the world in using the cards to pay for travel, reports iTWire.

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StarChip and CEA-Leti have inked a partnership agreement to develop a contactless front end for smart card applications.

The partnership includes technology and know-how transfer to StarChip. With this combined experience in secure integrated circuit development and contactless technology, StarChip will roll out state-of-the-art smart card products to enable applications in transport, banking and identity.

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CoVantage Credit Union (CVCU) announced the availability of Tyfone’s mobile wallet services throughout its branches in Wisconsin and Michigan.

Some 64,000 CVCU members can now use Tyfone’s mobile banking services, which include balance checking, account history review, fund transfers, branch and ATM location look-up, as well as several new features:

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A journalist for the Mingpao Daily has managed to spoof a biometric self-service kiosk used for immigration clearance at the Hong Kong-China border, according to a PC Advisor article.

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