Government ID, Smart Cards, Identification and Authentication

New thin batteries give juice to secure card-based transactions

Tuesday, August 22, 2006


Sure, One-Time-Password (OTP) devices are cumbersome. But hackers are relentless and pervasive. What’s a U.S. bank with fussy consumers to do? One answer: in lieu of a dedicated OTP apparatus, issue credit cards with ultra thin batteries, specially designed for insertion into cards, and capable of driving powerful transactions … such as generating numeric passwords ala OTP.

There are 691 words in the rest of this article …

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Proxama has announced a partnership with semiconductor supplier ARM Holdings to create secure payment mechanisms for mobile handsets.

The UK-based partners say they will combine ARM’s TrustZone technology with Proxama’s Mobile Wallet to develop a “highly secure” environment for NFC-enabled mobile contactless payments and mobile internet payments.

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