Contactless Smart Cards, RFID, Payment, Transit and Security

New Fargo president lays out company’s direction as part of HID Global

Thursday, June 7, 2007


Fargo Electronics’ merger with HID Global last year was just the beginning of what officials at both companies see as a bright future for the secure card identity systems company. Fargo Electronics’ new president, David Sullivan, fresh from a stint in Europe, wants to grow the company, not only in the U.S. but internationally. The fact that HID Global turned to a person with more than a few years’ experience in the international market certainly foreshadows this move.

There are 783 words in the rest of this article …

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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.

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HID Global announced it has expanded its card personalization portfolio with the introduction of its FARGO HDP8500 Industrial Card Printer/Encoder, a secure printing/encoding solution, at CARTES & IDentification 2011 in Paris, France.

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EMV in the U.S. won’t be chip and PIN but instead a new technology that takes advantage of the online infrastructure available in the U.S., according to Stephanie Ericksen, head of Authentication Product Integration at Visa USA.

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More than three-quarters POS terminals enabled

Adoption of EMV as the universal payment standard gained further traction in 2011, with official figures revealing that more than 42% of all payment cards and nearly 76% of all terminals in circulation globally are based on EMV technology. These numbers, however, do not reflect the U.S.

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ValidSoft partnered with Opus Research and released a report titled “Voice Biometrics Authentication Best Practices: Overcoming Obstacles to Adoption” that predicts the technology will be deployed in payment authentication assuming the best practices it lays out are followed.

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Verizon Wireless is working with two ASSA ABLOY companies – HID Global and Yale Locks & Hardware – to demonstrate the benefits of smart phones carrying mobile keys.

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