Government ID, Smart Cards, Identification and Authentication

EU confirms raids on smart card chip makers

Wednesday, January 7, 2009

The European Union confirmed this week that it “raided” several chip companies last October, alleging they were possibly operating an illegal cartel, according to a news report in PC World. While it didn’t name anyone, other sources have mentioned STMicroelectronics and Infineon Technologies as two targets of the raid, according to the UK’s Guardian. In addition, Dutch chip maker NXP and Japan’s Renesas Technology, confirmed they had been “visited” by the commission.

The EU, in what is still labeled a preliminary investigation, claims the firms were “colluding with each other by creating a cartel which could lead to price-fixing.

Read more here and here. [end] 

Related Articles
Oracle integrates biometrics into retail POS

Oracle has released a new version of Oracle Retail Point-of-Service that aims to increase security, operational efficiency and functionality in part by integrating biometrics.

Oracle partnered with DigitalPersonal to add integrated biometrics to the POS package. Users of the software will login using their fingerprint, which will replace the need for PINs or passwords. This feature intends to reduce fraud by eliminating the possibility of unauthorized employees using a manager ID or swipe card to access the POS and approve overrides.

read more »
I Love Velvet mobile payment obtains EMV2 certification

Mobile payment solution provider I Love Velvet announced that it has reached the second level of EMV certification (EMV2) which authorizes PIN and integrated chip payments from debit, credit and smart cards around the world.

read more »
Broadcom chip enables $100 smart phones with NFC, 3G and GPS

Broadcom announced the release of a new chip that will enable handset makers to offer smart phones with 3G, GPS and NFC for only $100.

read more »
Visa chip cards hit 1 million in U.S.

Visa has announced that more than 1 million EMV chip-enabled cards have been issued by U.S. financial institutions as of December 31, 2011.

Just 18 months ago there were no Visa-branded EMV chip cards issued in the U.S. according to Visa’s Stephanie Ericksen, who attributes the sudden growth to U.S. issuers accepting Visa’s EMV and mobile payments road map.

read more »
UGA police investigating fake ID operations

Just as the University of Georgia police were ending an investigation into a sophisticated fake ID ring, another student dealing in fake driver licenses came to light. The original ring, apparently run by students at the University of Georgia and Gainesville State College, had distributed more than 1,000 fake IDs to students at the two schools.

read more »
Datacard Group, Device Fidelity partner for mobile payments

Datacard Group, a provider of secure ID and card personalization solutions, has announced an equity investment and strategic partnership with DeviceFidelity, makers of the In2Pay mobile payments solution.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.