Monday, February 05, 2007

Russia RFID Transportation Application: Moscow Metro

Moscow Metro will use RFID for contactless ticketing
UPM Raflatac will supply RFID inlays for contactless passenger tickets on the Moscow Metro. The RFID inlays will be supplied in cooperation with Moscow-based Comvision Russland for ticket converting at JSC Mikron. ...

... "The Moscow Metro is one of the world's most heavily used metro systems, carrying 8.2 million passengers on a normal weekday. The RFID inlays provided by UPM Raflatac will replace the cards with magnetic stripe Moscow Metro is currently using for tickets with a fixed number of journeys. For seasonal tickets, the Moscow Metro is already using contactless RFID smart cards which enable significantly faster entry for passengers. The Moscow Metro was the first metro system in Europe to implement smart cards together with a new type of magnetic card in 1998. In the first stage, the monthly usage of UPM Raflatac HF inlays based on the Mifare Ultralight standard will be 5 million pieces. After a transitional period at the end of summer 2007, usage will rise to approximately 30 million inlays per month. " ...


Moscow Metro

Via UPM Raflatac: UPM Raflatac supplies RFID inlays for Moscow Metro contactless tickets ...

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Tuesday, January 23, 2007

RFID Wristband Point-of-Sale Ski Application

Precision Dynamics implements Smart Band RFID Wristband System at Sno Mountain, formerly Montage Mountain, in the Pocono Mountains, Pennsylvania. Denis Carlson, President of Sno Mountain, sees the RFID technology as a competitive differentiator for its customer experience, and has potential to increase revenue through cashless point-of-sale transactions. ...

... "The RFID wristband system provides added conveniences to guests including automated ski lift tickets and cashless point-of-sale (POS). Purchasing food and beverages at the ski park is a breeze using Smart Band's contactless payment feature. Guests can load money onto their wristband at POS stations using cash, credit or debit cards. Smart Bands work well in any environment-wet or dry-making them a great addition to any ski resort. " ...


Via Precision Dynamics Corporation: Sno Mountain Implements Precision Dynamics' Smart Band RFID Wristbands for Automated Ski Lift Passes and Cashless Point-of-Sale ...

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Sunday, December 17, 2006

OTI RFID Supports Discover Network Contactless Payment

OTI RFID Reader is certified for use by the Discover Network
OTI receives certification for its RFID reader in support of the contactless payment solution for the Discover Network. ...

... "Discover Network, a business unit of Discover Financial Services and Morgan Stanley, announced that it has certified the Saturn 5000 contactless reader developed by On Track Innovations (OTI) (NASDAQ: OTIV), a global leader in contactless microprocessor-based smart card solutions, for use with Discover Network's contactless payment application. The certification process ensures that the Saturn 5000's reader technology is able to support Discover Network's proprietary contactless payment solution. Additional OTI readers are in the certification process.

Compatible with major POS terminal providers and acquirers, Saturn 5000's enhanced features allow the reader to support multiple application programs and read a variety of payments sources, including credit cards and key fobs and cell phones. The console's plug-and-play design and small footprint facilitates quick upgrades of existing POS terminals to accept contactless payments. And because the reader faces the customer, the Saturn 5000 enables easier and faster payment transactions. Additionally, OTI's patented matched antenna technology provides more effective power consumption, reliable and stable communications, and additional levels of security and encryption throughout the communication link. " ...


Via Discover Network: Discover Network Certifies Oti Card Reader For Contactless Payment System, OTI's Saturn 5000 to Support Discover Network's Fast, Secure, and Simple Contactless Payment System Worldwide

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Saturday, October 21, 2006

RFID ePassport: Security Lacking Per Alliance ...

Smart Card Alliance comes out against the RFID-enabled ePassport, citing security concerns. ...

... "Using the long read range radio frequency identification (RFID) technology the Department of Homeland Security (DHS) and State Department are proposing for passport cards will do little to increase the security of the nation's borders, and opens up possibilities that U.S. citizens could be tracked, the Smart Card Alliance said today. The Alliance contends that a more privacy sensitive and secure passport card solution using the same contactless smart card technology found in the new electronic passports (ePassports) can improve border security without causing delays at crossings ... " ...


Via Smart Card Alliance: Proposed Passport Card with RFID Technology Bad News for Privacy and Security, Says Smart Card Alliance ...

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Tuesday, October 17, 2006

RFID SmartCards AccessControl ...

ASSA ABLOY Identification Technologies supplies the Cartes conference with RFID-enabled smart card for access control. ...

... "ASSA ABLOY Identification Technologies (ITG) will provide 30,000 contactless smart cards to be used by exhibitors, visitors, VIP guests and the organizers themselves. The cards are manufactured by VisionCard, a leading European card manufacturer based in Austria and part of ITG. Among the special features of the card is the printed antenna, which represents a complementary technology to ITG's other core transponder technologies, wire-embedding, wire-transfer and coil winding. VisionCard's long track record and their expertise in high volume printing allow the company to produce high quality printed antennas very cost efficiently and to connect them to any 13.56 MHz IC module available in the market. The cards for the CARTES exhibition are based on Philips mifare 1k chips. Set up of the access control system at the exhibition has been entrusted to French system integrator Tech-Event. For this application, Tech-Event has chosen RFID reader modules manufactured by ACG Identification Technologies, another ASSA ABLOY ITG company. The reader modules provided by ACG, compatible with multiple ISO standards including ISO 14443A/B and ISO 15693, will be used to read all the entry badges issued for the exhibition. " ...


Via ASSA ABLOY Identification Technologies: CARTES exhibition goes contactless with RFID technology from ASSA ABLOY ITG ...

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Sunday, September 10, 2006

RFID Security: NSF Funds Smart Tag Research ...

National Science Foundation, NSF, provides funding to increase the privacy and security of RFID smart tags, through better cryptographics.

... "Strengthened security for smart tags - the wireless devices that allow drivers to zip through automatic tollbooths or pass a security desk with the flash of a card - is the aim of a new initiative that has received $1.1 million from the National Science Foundation. Led by Kevin Fu of the University of Massachusetts Amherst, the researchers are developing much-needed cryptographic protocols, hardware and applications for the increasingly common devices. Millions of consumers already use smart tags—wireless devices that use radio waves to identify and authenticate people and things - and they will become more numerous, says Fu.

Kevin Fu of the University of Massachusetts Amherst investigates RFID smart tag security with NSF funding ...

Smart tags - which include Radio-Frequency Identification (RFID) tags—are already used to track items from library books to merchandise to cattle. Increasingly, they are replacing the magnetic stripe cards used in security badges and mass transit cards, sometimes also serving as electronic cash. The tags will soon be incorporated into documents such as passports; their use is being explored for tracking medical records and prison inmates. But the tags, which also include contactless smart cards and low-resource sensors, are a technology that has crept in from the edge of the Internet and they present new challenges in terms of security and privacy issues, says Fu.

The unique environment presented by smart tags - they can operate without human intervention and without a physically connected power source - presents unique security concerns, says Fu. Smart tags automatically respond to the device that reads them, so human users don't have the traditional means of giving or denying consent to the reader. This infrastructure of untrusted readers and tags requires an approach that preserves privacy while maintaining the flexibility and convenience that the tags offer.

The new consortium, dubbed the RFID ConsortiUm for Security and Privacy (RFID-CUSP), takes these operating conditions into account and is designing new cryptographic definitions, algorithms and models that will lay the solid foundation on which secure applications can be built. As part of their project, the researchers are working with the San Francisco Bay Area Rapid Transit District (BART). The project will result in the first completely open, publicly available software for experimenting with RFID security and privacy. " ...


San Francisco Bay Area Rapid Transit District collaborates to address RFID security ...

UMass Amherst: UMass Amherst-Led Research Will Protect Consumers by Ramping Up Security for Smart Tags

Kevin Fu: "Open cryptanalysis of existing RFID protocols will give assurance in the soundness of reliable RFID technology. At UMass, we are investigating how to build secure RFID-based systems. "

The Sensor Revolution: Industry & Commerce: "Radio Frequency Identification (RFID) stands among the fastest-proliferating sensor technologies. RFID systems combine electromagnetic sensing with radio communications. RFID tags and interrogators can be used to track inventory in a warehouse or collect tolls from moving cars. "

Understanding Contactless Smart Card Technologies and Some of the Leading Reader/Card Product Providers (PDF): "That transmission could then be replayed to a reader to gain access illicitly at some time in the future. In contrast, today’s secure contactless cards and readers (such as XceedID ISO-X and HID iCLASS) employ a myriad of cryptographic techniques. These techniques encrypt data in ways that render it useless to an illicit user. Thus, traditional proximity cards and readers provide inferior communication security when compared to secure contactless smart cards and readers. "

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Wednesday, February 08, 2006

RFID-Enabled Smart Card ...

QI Sys is developing RFID smart cards for contactless payment applications ...

... "QI Systems Inc., a leading developer and integrator of smart card payment, access control and tracking solutions, announced that QI product engineers are now developing hardware and software components that support RFID-enabled contactless payment systems. RFID-enabled payment systems are rapidly gaining in popularity with merchants and consumers in the U.S. Small-value transactions can now be quickly completed using a payment card with a built-in microchip and wire-loop antenna utilizing very-short-range (several inches) radio waves to securely transmit account information from the card to the merchant point-of-sale terminal. There is no need for the merchant to swipe the card through a reader, so the cardholder always remains in control of the card and transaction time is optimized. MasterCard, Visa and American Express are actively promoting contactless-payment versions of their cards. The International Standards Organization has established an implementation specification enabling these credit-card leaders to share a common transmission protocol. That in turn facilitates the programming of a single merchant point-of-sale terminal to accept and process transactions from all three companies’ payment cards/devices. Merchants and cardholders alike should benefit significantly from the enhanced convenience and security offered by a broader selection of contactless payment solutions. " ...

RFID-Enabled Smart Card: Via QI Systems Inc.: QI Systems Inc. Developing Products for RFID-Enabled Smart Card ...

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Friday, February 03, 2006

RFID e-Passport Security Breach ...

... "A Dutch television program Nieuwslicht recently worked with local security firm Riscure to successfully crack and decrypt a Dutch-prototype RFID passport. " ...


Via Engadget: Dutch RFID e-passport cracked -- US next? ...

Via Riscure: Privacy issues with new digital passport: "The new digital passport lacks in the protection of personal details of the passport holder. An attacker intercepting the contactless communication between the passport and the border control system can get access to the personal information held on the chip inside the new passport. ... Riscure is a Security Lab based in the Netherlands. Riscure evaluates the security of smart cards, mobile phones and related systems for banks, credit card companies, GSM operators, smart card manufacturers, organisations deploying digital IDs and companies in the pay television industry. "

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Tuesday, November 08, 2005

RFID Technology ISO9001:2000 Certification ...

HID achieves ISO9001 certification for the design, manufacture, and distribution of RFID technology. ...

RFID Technology ISO9001:2000 Certification: Via HID: HID Achieves ISO9001:2000 Re-Certification for Design, Manufacture, and Distribution of RFID-Based Contactless Smart Cards and Readers: The Management System Certification Encompasses Excellence Meeting Customer and Regulatory Requirements While Continually Improving HID's Product Performance ...

... "HID Corporation, the premier manufacturer of contactless access control cards and readers for the security industry, announced that is has achieved ISO 9001:2000 re-certification for quality management and its system certification that encompasses manufacturing. HID first received ISO9000 certification on June 1, 1999, ISO 9001:2000 certification on June 1, 2002 and has been continuously certified while they maintain focus on continuous process improvements for the company's entire iCLASS 13.56 MHz, Prox 125 kHz, and Wiegand card and reader technology design, manufacture and distribution processes. To attain ISO9001 certification, all certified companies must be in conformance to the ISO9001:2000 standard that requires companies to do what is needed to fulfill the customer's quality requirements, enhance customer satisfaction, manage the processes or activities and to achieve continual improvement of their performance in pursuit of these objectives. " ...


As the largest manufacturer of contactless access control readers and cards for the security industry, HID has shipped over 250 million credentials to customers worldwide. HID pioneered the development of radio frequency identification (RFID) technology for physical access control. Proximity and iCLASS® technologies can be housed on the same credential and combined with other technologies such as magnetic stripe, barcode, or contact smart chip modules. This provides users the ability to leverage their investment in existing systems while seamlessly upgrading to new technologies and adding new applications. For increased security, users can add a photo ID or anti-counterfeiting element such as a hologram or ultraviolet ink. HID’s experience in developing card technologies enables them to play a critical role in the evolution and adoption of contactless smart card technology used for applications such as access control, IT secure authentication, digital cash, the storage of biometric templates, and the storage and retrieval of critical information.


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Friday, October 28, 2005

RFID Smart Cards: Norwegian Rail: National eTickets ...

Arcontia supplies RFID smart card solutions to Norwegian Rail in support of national eTicket program. ...

RFID Smart Cards: Norwegian Rail: National eTickets: Via Arcontia: Arcontia rolls out the new e-ticketing reader chosen by Norwegian State Railways (NSB): 1000 contactless smart card readers for the new onboard electronic ticketing system will be the new equipment for train conductors in Norway ...

... "Arcontia AB, a contactless smart card reader supplier in RFID markets, announces that its contactless smart card readers were rolled out to the Norwegian State Railways (NSB) for use within the nationwide electronic e-ticketing project. In total, 1000 pocket PC’s with the attached compact flash readers are to be used by train conductors across the country. The Norwegian company Unified Consulting and Arcontia have been cooperating since February 2005 regarding the implementation of the electronic ticketing issue in the Mobile Terminal system (the MT project) for the Norwegian State Railways. " ...


Arcontia has been active in the RFID technology since 1996 and is today a developer of a comprehensive range of contactless smart card readers and terminals, complying with ISO14443 A/B and MIFARE standards. The product range addresses e-ticketing and e-government markets as well as the supply chain management and logistics market. Local office is based in Gothenburg, Sweden.

Reference on RFID Smart Cards for eTicketing:

Via CIOInsight: Ahead of the Game: Designed by Hewlett-Packard Co., Cisco Systems Inc., and Fortress GB Ltd., the system includes RFID-enabled smart cards that must be scanned at one of the stadium's 84 turnstiles for entry. The smart cards were used by 85,000 fans last season - they are included with season tickets ...

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Sunday, October 16, 2005

RFID Contactless Payment Cards ...

Axalto RFID contactless payment cards are being supplied to KeyBank for contactless debit role ...

RFID Contactless Payment Cards: Via Axalto: Axalto Provides Contactless Payment Cards for KeyBank Debit Card Rollout in the United States ...

... "Axalto, the world's leading provider of microprocessor cards, is supplying more than two million MasterCard® PayPass™ cards to KeyBank for the first contactless debit card rollout in the U.S. Axalto contactless payment smart cards enable cardholders to simply tap their card on the reader or within one inch of a point-of-sale terminal at checkout, instead of swiping their card or handing it to a store employee. The terminal quickly emits a signal acknowledging payment confirmation. The payment transaction is then processed. The KeyBank MasterCard PayPass card – available beginning September 1 – also includes a magnetic stripe, allowing consumers to use it at any location that accepts MasterCard debit cards. " ...


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Monday, September 19, 2005

RFID Automated Document Authentication

RFID Automated Document Authentication: Via Viisage: Viisage Launches RFID Smartchip in Leading Document Authentication Solution; Automated Authentication of ePassports and Smart Cards Provides Border Crossing Agencies with Capabilities to Validate Travelers' Identities ...

RFID capability integrated across automated document authentication product line ...

... "Viisage (NASDAQ: VISG), a leading provider of advanced technology identity solutions, announced the release of contactless smartchip capabilities for its iA-thenticate(R) product line, incorporating RFID (radio frequency identification) capability to authenticate travel credentials across Viisage's widely deployed product set. The integration of RFID into Viisage's iA-thenticate smartchip is expected to streamline border crossing processes, simplify the authentication of identity documents, including both old and new passports, and improve identification and security at border crossings. The Viisage iA-thenticate system is currently deployed at many border crossings, airports and embassies around the world, including such countries as Sweden, Finland, Belgium, Canada and Australia, and at multiple airports in the United Kingdom and the US for the validation of credentials of airport contractors. The combination of the already proven document authentication capabilities with new RFID data capture capabilities is designed to provide border control agents with a higher level of assurance that submitted documents are valid. " ...

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Wednesday, July 13, 2005

MasterCard SmartCard RFID Payment

MasterCard SmartCard RFID Payment: Hypercom Terminals Star in MasterCard Promotion at Major League Baseball All-Star Game FanFest: 80,000 Fans Tap for Prizes with Optimum T4100s and Smart Cards in Baseball Giveaway Event ...

... "MasterCard’s use of a contactless prize card drew attention to the MasterCard® PayPass™ program, an initiative that eliminates the need for consumers to swipe their credit cards through a reader. Cardholders simply tap their MasterCard PayPass card on a specially equipped merchant terminal that reads consumer account information from a radio frequency identification (RFID) tag embedded in the card. " ...


Widely recognized as the global payment technology innovator, Hypercom delivers complete card payment terminal, network access device, server and transaction networking solutions that help merchants and financial institutions generate revenues and increase profits. Hypercom’s card payment terminal, network and server solutions are leading the transformation of electronic payments in more than 100 countries. The company is headquartered in Phoenix, Arizona.

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Wednesday, June 15, 2005

RFID Pharmacy Account Management

RFID Pharmacy Account Management: CVS/pharmacy Purchases 12,000 Hypercom RFID-Enabled Payment Terminals: Hypercom Becomes Pharmacy's Preferred POS Vendor with Optimum L4100 Device ...

... "Hypercom Corporation (NYSE: HYC) announced that CVS/pharmacy, the 5,400-store retail pharmacy chain, has named Hypercom its preferred supplier of card payment terminals based on the advanced functionality of the Optimum L4100, a compact, high-speed signature capture card device specifically designed to speed checkout lines in multi-lane retail environments. The Hypercom terminals, configured to CVS/pharmacy specifications, accept magnetic stripe cards, smart cards, and contactless cards or key fobs that eliminate swiping and signature requirements through the use of embedded radio frequency identification (RFID) tags that transmit consumer account information over radio frequency waves. " ...


Widely recognized as the global payment technology innovator, Hypercom delivers complete card payment terminal, network access device, server and transaction networking solutions that help merchants and financial institutions generate revenues and increase profits. Hypercom's card payment terminal, network and server solutions are leading the transformation of electronic payments in more than 100 countries. The company is headquartered in Phoenix, Arizona.

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Wednesday, June 08, 2005

RFID Smart Cards Partnership ...

RFID Smart Cards: Ingenico and OTI Form Partnership in Secure Contactless Payment and Identification: Initial Deployments Will Support US Payment Market ...

OTI partners to advance RFID smart card technology for the US payment market ...

... "On Track Innovations Ltd, (OTI) (NASDAQ: OTIV; Prime Standard [Frankfurt]: OT5), a global leader in contactless microprocessor-based smart card solutions for homeland security and payments, announced a partnership with Ingenico North America. Ingenico and OTI will provide secure contactless solutions for the payment and identification markets. " ...


Established in 1990, OTI (NASDAQ: OTIV, Prime Standard: OT5) designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, micro payments, mass transit ticketing, parking, loyalty programs and secure campuses. OTI has a global network of regional offices to market and support its products. The company was awarded the prestigious ESCAT Award for smart card innovation in both 1998 and 2000.

With a 26.5% market share, Ingenico is the world's largest provider of payment and transactions systems used by banking, retail, petroleum, transportation and government agencies to accelerate and secure the flow of electronic commerce. The Company's 1,300 employees working in 29 subsidiaries, as well as a network of a hundred partners and distributors, ship over 1.5 million payment terminals annually to more than 90 countries. Ingenico, through an annual investment of over 8 percent of revenues in research and development, is producing increasingly efficient and secure payment systems that incorporate the UNICAPT 32 architecture and the latest EMV standards. These systems leverage the most advanced technology available, including biometrics, touch technology, RFID, GSM/GPRS, WiFi and Bluetooth communications, providing our customers with an efficient and versatile array of transaction solutions. Ingenico leverages this expertise and technology to provide solutions in markets requiring, highly secure applications such as purchasing cards, e-procedures, prepaid card reloading and electronic transaction flow management. This investment had enabled Ingenico to enter the emerging markets of electronic ID scanning, microchip-based healthcare cards and supply-chain traceability.

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Sunday, June 05, 2005

RFID Embedded Systems ...

Embedded Systems RFID: Radio frequency identification (RFID) is an automated data-capture technology that can be used to electronically identify, track, and store information contained on a tag that is attached to or embedded in an object, such as a product, case, or pallet ...

... "An embedded system is a special-purpose computer system that is used within a device. An embedded system has specific requirements and performs predefined tasks, unlike a general-purpose personal computer. To date, embedded RFID chips have been tested in smart test tubes that store data about the tube's contents, which has facilitated obtaining correct information for identifying specimens and time-stamping doctor's orders. Embedded chips in credit cards and mobile phones for contactless payments are also expected to become increasingly popular in Asia. Embedded RFID chips are being proposed for use in numerous applications, including electronic passports, tires to determine wear, drug containers for tracking and theft control, and aircraft for maintenance. " ...

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Tuesday, May 31, 2005

RFID 1356Mhz Smart Card Reader

RFID 1356Mhz Smart Card Reader: Atmel Introduces AVR Microcontroller-based 13.56 MHz Contactless Smart Card Reader ...

... "Atmel Corporation (Nasdaq: ATML), a global leader in the development and fabrication of advanced semiconductor solutions, announced today the world's smallest and lowest-cost 13.56 MHz RFID single chip reader. Radio frequency identification (RFID) readers allow devices to wirelessly interrogate and write to tags and Smart Cards. This technology is now being used in applications such as consumer, healthcare, transportation and logistics products. Smaller than a US dime, the AT90RF135602 is ideal for portable devices. Combined with its low power consumption and intelligent power management, the AT90RF135602 is especially suited for small, battery-powered handheld devices. It integrates, in a single BGA package, an RF block developed by a leading RFID design company and an Atmel AVR high performance RISC microcontroller. " ...


Atmel is a worldwide leader in the design and manufacture of microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions. Focused on consumer, industrial, security, communications, computing and automotive markets, Atmel ICs can be found Everywhere You Are®.

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Wednesday, May 25, 2005

RFID Career Path Promotion: Executive Vice President Of Marketing

RFID Career Path Promotion: HID Promotes Holly Sacks To Executive Vice President Of Marketing

... "HID Corporation, the premier manufacturer of contactless access control cards and readers for the security industry, today announced that Holly Sacks has been promoted to executive vice president of Marketing. " ...


HID is the premier global supplier of contactless access control cards and readers for the security industry. With over 200 million credentials (cards, fobs and keys) in use worldwide, HID leads the industry in 13.56 MHz and 125 kHz RFID card and reader technology for a wide range of applications including access control, IT secure authentication, time and attendance, digital cash/cashless vending, automotive vehicle identification, and biometric verification. HID's award-winning product line includes iCLASS® 13.56 MHz contactless smart cards and readers, 125 kHz proximity, magnetic stripe, and Wiegand technology cards and readers. The company also provides specialized card manufacturing services including custom pre-printed graphics, micro printing and anti-counterfeiting elements, holograms or ultraviolet ink for increased card security. HID’s corporate offices are located in Irvine, California, with international offices supporting more than 100 countries. The company is part of the ASSA ABLOY Identification Technology Group.

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Tuesday, May 24, 2005

Contactless RFID Payment Cards

Contactless RFID Payment Cards: VeriFone’s MX870 Brings Multi-Media to Multi-Lane Payments ...

The MX870 enables RFID smart payments ...

... "The MX870 projects a high-quality image on a ¼-VGA screen that is enhanced with available custom-branded face plates and features the smallest footprint available to conserve counter space. The MX870 enables consumers to pay their way with time-tested magnetic-stripe and touch technology as well as contactless RFID and EMV smart card payment cards, all meeting the industry’s latest security standards. With the highest read rate in the industry, wear-resistant touchscreen and modular design to accommodate future enhancements, the MX870 features the best total cost of ownership in the industry. " ...


VeriFone Holdings, Inc. (“VeriFone”) (NYSE: PAY), a global leader in secure electronic payment technologies, provides expertise, solutions and services for today with a migration strategy for tomorrow. VeriFone delivers solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. VeriFone has shipped over eleven million electronic payment systems since inception in 1981.

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Saturday, May 21, 2005

RFID Blink Smart Cards: Speed and Convenience

RFID Blink Smart Cards: Speed and Convenience: Chase To Roll Out Next Generation Payment Product This Summer

Chase will release RFID smart cards with blink capabilities ...

... "Chase Bank U.S.A., N.A., a division of JPMorgan Chase & Co. [NYSE: JPM], announced today that it will become the first bank to increase the speed and convenience of a credit card by broadly rolling out consumer cards with contactless functionality, called blink. Chase will begin a market-by-market rollout of the Chase credit cards with blink this summer, after working closely with merchants in each market to ensure the broadest possible acceptance at launch. Working in conjunction with Visa U.S.A. and MasterCard International Incorporated, Chase has identified merchants where speed and convenience are important to consumers, and has been actively building a roster of merchants in each market. Initially, Chase cardmembers will be able to blink at well-known movie theaters, convenience and specialty retailers such as 7-Eleven, quick service restaurants and drug stores. Chase will announce additional lists of specific merchants when they issue cards with blink in each market. " ...

RFID smart cards with blink contactless capability save consumers time and speeds transactions ...

The most significant timesavings can be realized in the drive-thru environment, where transaction time was reduced by as much as 20 seconds as compared to cash. Consumers also liked the convenience of not carrying cash for everyday purchases, meaning they no longer needed to fumble around for change and small bills, or be confined by the cash in their purses or wallets. In fact, 60 percent of respondents to a recent MasterCard survey said they use cash less often today than they did five years ago. For merchants, blink transactions speed checkout times and allow consumers to spend less time waiting in lines. Research has shown that customers who use blink cards often spend more per transaction and are happier with their store experience. Chase cards with blink also provide a reliable, trusted payment method that works well in environments where speed is important. JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm.

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