Contactless Smart Cards, RFID, Payment, Transit and Security

Oberthur tapped to provide dual interface card for Carrefour

Monday, March 16, 2009

Contactless card supplier Oberthur Technologies has begun delivery of its next generation dual interface payment card, called Chrysalis Fly, to S2p, the banking subsidiary of French superstore chain Carrefour. It is part of the company’s new universal payment card project that has been billed as one of Europe’s largest contactless projects to date.

For S2p, the Chrysalis Fly card represents a way to increase the use of payment cards, replacing cash for low-value transactions that represent the majority of transactions in Europe. The Chrysalis Fly product also combines the security of an EMV chip interface with Oberthur’s contactless applications, offering faster transaction times. [end] 

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.

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Global private equity firm Advent International completed the acquisition of the Card Systems and Identity divisions of Oberthur Technologies, after workers’ council consultation and market authorities’ approval of the transaction.

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Oberthur Technologies and AuthenTec, a provider of mobile and network security solutions, have teamed up to create SIM-based designs that will make NFC mobile payments via smart phones faster and more secure.

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Banca Monte Paschi Belgio, the Belgian branch of this banking group, has opted to implement Oberthur Technologies’ end-to-end smart authentication product.

Certified by MasterCard, the solution includes smart display cards, an authentication server and an access control server that will secure e-commerce services and provide a unique and innovative payment solution to Banca Monte Paschi Belgio customers.

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The 2011 contactless payment card shipments in the United States have taken a dramatic drop, according to ABI Research.

The number of shipments has fallen considerably when comparing against quarterly shipments achieved in 2010, explains Phil Sealy, research analyst, security and ID. And the drop in shipments has primarily been driven by some overriding factors including:

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U.S. Bank, together with Visa and Oberthur Technologies, has announced the release of a new dual interface payment card combining Visa PayWave contactless technology, EMV chip and magnetic stripe.

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