The traditional uses of RFID within the automotive sector are continuing to grow and are projected to increase by $2.8 billion over the next five years, as per market research firm, ABI Research. Modernizing RFID applications will also grow twice as fast with annual revenues derived from these jumping by $4.5 billion in the same […]
20 Sep, 2012RFID applications expected to grow twice as fast by 2017
20 Sep, 2012Dynamics unveils Triple Interface, battery-powered payment card
Dynamics Inc. announced its Triple Interface payment device, a battery-powered piece of plastic that ties together all three primary payment technologies – magnetic stripe, EMV and contactless – into a single, rewriteable format. A user can select a desired payment option by simply pressing the different buttons on the card. When different payment options are […]
20 Sep, 2012EMV drives smart card shipments
With smart and EMV card adoption continuing to grow— especially in China and Latin America— shipments of the cards is expected to rise to the tune of 2.8 billion units by 2017. American financial institutions have taken notice of the impending shift in payments as 19 institutions have committed to EMV. MasterCard, Visa, Discover, American […]
20 Sep, 2012Atos Worldline delivers NFC mobile wallet
European electronic services provider Atos Worldline has announced its new Visa and Mastercard compliant NFC mobile wallet service. Implementing the latest Visa, Mastercard, SIMAlliance and AFSCM specifications the mobile wallet will feature cloud payment and NFC transactional services and will be made available to card providers worldwide. The service will include a Mobile Gateway that […]
20 Sep, 2012Sioux Falls children’s services add biometrics for safety
The Youth Enrichment Services (YES) in Sioux Falls, S.D., has upped its use of fingerprint biometrics in an effort to protect children’s safety, reports KSFY. The promotion of its fingerprint ID system for parents and employees to gain building access comes after a recent incident at a home day care, where a man entered the […]
20 Sep, 2012Report: Financial incentives lead to mass NFC adoption
M for Mobile has released a new NFC market report highlighting the important of financial incentives for mass adoption. In the latest study, M for Mobile revealed that more than half of the 3,000 surveyed consumers would transfer their main banking to an NFC payments account if there was a financial incentive in the form […]
20 Sep, 2012NEC and Cross Match partner for biometric recognition tools
NEC Corporation of America and Cross Match Technologies Inc. have partnered to put multimodal biometrics on handheld devices. Cross Match has integrated NEC’s Neoface facial recognition and automated latent print matching technologies into its SEEK mobile handheld device. The NEC technology leverages the SEEK camera for image acquisition and searching capabilities. This system can complete […]