Contactless Smart Cards, RFID, Payment, Transit and Security

Gemalto supplying SIM cards to Brasil Telecom

Thursday, June 5, 2008

Brasil Telecom selected Gemalto to provide USIM cards for the launch of its 3G network this month. The USIM technology along with software adapted for 3G networks and loaded into the cards will enable Brasil Telecom’s users to access value-added services and benefit from higher levels of security on electronic transactions performed with their mobile devices.

The USIM cards provide mutual authentication between the user and the network, which enables mobile Internet users to perform transactions in a safer manner. Benefits are that voice and data traffic is encrypted in the 3G network, especially important for financial transactions and corporate activities. [end] 

Global Industry Analysts Inc. released a report forecasting the outlook on the global smart card market to reach 10.9 billion units by 2015.

GIA credits the growth driven largely by major initiatives in the financial, government and security sectors, with the telecom sector at the way ahead of the pack as the largest end-user. Increasing usage of contactless technology, newer applications and mandatory EMV migration across countries are also major drivers boosting the global market for smart cards.

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Digital security provider Gemalto has launched Dexxis EMV instant issuance card product, designed to streamline and speed up banks’ migration to EMV by bringing card issuance processes in-house.

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Credit Agricole, a retail banking group based in Paris, is teaming up with Gemalto to launch a large-scale deployment of contactless EMV banking cards in France.

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Gemalto announced it has acquired M2M service provider SensorLogic in an asset arrangement. Terms of the deal were not disclosed.

Plano, Texas-based SensorLogic has a cloud-based machine-to-machine (M2M) service delivery platform. With it, customers can build, deploy and manage M2M products through applications like asset tracking, servicing and telematics and equipment monitoring.

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Gemalto announced that 10 million Financial Inclusion Network & Operations (FINO) customers in India now benefit and take part in micro-banking, using Gemalto smart cards, as part of FINO’s broader branchless banking program.

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Diners Club Spain has chosen Gemalto to help it migrate to EMV in 2012. In this effort, Gemalto is providing consulting and personalization services to Diners Club Spain.

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