IMS Research has released a new report projecting that 2.5 billion high-frequency contactless credentials will be shipped in 2015. In the report, entitled “RFID – Smart & Secure Contactless Applications – World – 2011,” IMS finds that the three leading application sectors for contactless credentials are Government ID, Transportation/Mass Transit and Payment & Banking, accounting […]

Jack Jania, vice president and general manager, Gemalto Inc. Mobile payments are fast becoming one of the most discussed, and least understood, trends across several industries. Mobile device manufacturers, retailers and banks, and even application developers are attempting to tame the mobile payment beast. But it will take more than a smart phone application or […]

Visa Europe, la Caixa and Telefónica have announced the completion of their mobile payment pilot in the Barcelona town of Sitges, according to telefonica. The positive reaction to the pilot has prompted the companies to keep their mobile payments infrastructure in Sitges indefinitely. According to the companies, mobile payment could be rolled out “massively” in […]

UK mobile operator O2 is expanding its NFC team to gear up for the launch of its mobile payments services, according ZDNet UK. O2 says its O2 Money team is looking to fill 14 new positions in order to have its NFC services on the UK market as soon as the second half of 2011. […]

Ambiq Technology has signed an agreement with the St. Petersburg Transportation Authority to provide products and services based on its proprietary NFC mobile payment platform. The St. Petersburg Metro has already begun testing Ambiq’s solution, which lets passengers use mobile phones to buy tickets for public transit. According to Ambiq, the system utilizes secure element […]

ARS Interactive and CellPoint Mobile are partnering to introduce a mobile retail shopping solution, to be unveiled at the National Retail Federation 2011 Big Show on Jan. 10-11 in New York. The solution, called ARS Mobile, will combine product information, coupons, customer loyalty and mobile payment into one complete shopping package, says ARS. The mobile […]

Ingenico, a provider of payment devices and services, has announced the release of its new On-Guard payment transaction encryption and tokenization service for independent software venders (ISVs) and merchants. According to Ingenico, On-Guard is built on the industry standards of 3DES DUKPT for point-to-point encryption (P2PE) and host-based tokenization technology, providing secure transaction processing and […]

Contactless smart card developer On Track Innovations (OTI) has filed a shelf prospectus for $40 million in the issuance of shares and, possibly, in various securities, according to globes.co.il. The Israel-based company, which focuses on contactless payment cards and electronic passports, currently has $26.7 million in cash and cash equivalents. According to Globes, if OTI […]

By Salvatore D’Agostino, IDmachines LLC, CSCIP Identity will continue to occupy a prime position in the minds of entrepreneurs, the C-suite, IT and security professionals, regulators, Jane and General Doe. And while some people are waiting for the next revision of the National Strategy for Trusted Identities in Cyberspace and the Federal Identity, Credentialing and […]

GAO Embedded has announced the release of its 13.56MHz M4 development kit, specially designed to operate with three firmware variations for product authentication, access control and contactless payment. According to GAO, the development kit includes all hardware and software components required for the development of applications based on the modular firmware. It contains the reader […]