Industry News

Industry News2018-03-01T13:21:30+00:00
1309, 2018

Roskam’s Bipartisan Anti-Fraud Bill Passes House that Recommends the use of Smart Cards

September 13th, 2018|Tags: , , |

Washington, D.C. – Today the House passed H.R. 6690 the Fighting Fraud to Protect Care for Seniors Act. This legislation, introduced by Representative Peter Roskam (R-IL) and Representative Earl Blumenauer (D-OR), creates a pilot program to test the use of smart card technology in the Medicare Program, reducing fraud. Rep. Sandy Levin (D-MI), who also spoke in support of the bill, remarked, “You’ve been working on this a long time, working with Mr. Blumenauer, and I think your efforts to strive for some bipartisanship has

1209, 2018

House Passes Two Bipartisan Dingell Bills to Improve Medicare

September 12th, 2018|Tags: , , |

WASHINGTON, DC – The House of Representatives passed two bipartisan bills by Congresswoman Debbie Dingell (MI-12) to improve Medicare so seniors have better access to the healthcare they need. “Every American has a right to quality, affordable healthcare and for millions of seniors their care comes through Medicare,” said Dingell. “We have to always keep looking forward and finding new ways to improve Medicare, make it more efficient, and close gaps in care. These two bipartisan bills now passed by the House will make it easier for

709, 2018

Visa: Chip Cards Reduce Counterfeit Fraud At U.S. Merchants By 75 Percent

September 7th, 2018|Tags: , , , , , |

Data released by Visa on Wednesday (Aug. 29) showed that counterfeit fraud ticked down at U.S. merchants by 75 percent from September 2015 to March 2018 as more storefronts started accepting chip cards. To that end, Visa said that, as of its latest “Visa Chip Card Update,” as many as 67 percent of storefronts in the United States now accept chip cards. The company further elaborated that counterfeit fraud dollars at all U.S. merchants slipped 46 percent. Looking at the Visa chip card count out in the field, June’s number

709, 2018

U.S. EMV Merchant Locations Grew by 400,000 in 2018’s First Half, Visa Data Show

September 7th, 2018|Tags: , , , , , |

Approximately 400,000 U.S. merchant locations began accepting EMV chip cards in 2018’s first six months, according to new data from Visa Inc. In its latest report on the U.S. conversion from magnetic-stripe payment cards to the EMV standard, Visa on Wednesday said 3.1 million merchant locations accepted the new cards in June. That compares with 2.7 million merchant locations last December and only 392,000 in September 2015, according to an earlier Visa report. Some 67% of U.S. storefronts are now accepting chip cards, Visa

2908, 2018

IDEMIA taps Fingerprints for Japan’s first biometric payment card trial

August 29th, 2018|Tags: , , , , , |

World-leading biometrics company, Fingerprint Cards (Fingerprints™) today announces a collaboration with IDEMIA, the global leader in Augmented Identity, on Japan's first biometric payment card trial, a key milestone in the roll-out of biometric payment cards. Utilizing Fingerprints' sensor technology, the pilot will run on Japan's leading payment network, taking the region one step closer to commercial roll-out of biometric payment cards. "Japan is renowned for early adoption and, with this initiative, it is once again leading the way in launching the latest digital payment

2408, 2018

Entrust Datacard Raises the Bar for Zero Factor Authentication

August 24th, 2018|Tags: , , , , |

MINNEAPOLIS—(August 24, 2018)—Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, today announced new, innovative capabilities for the company’s Mobile Smart Credential solution — including Bluetooth functionality which provides automated login and logout support across platforms including Apple MAC, Windows and virtual desktops. With ultra-secure PKI credentials at its core, employee authentication can guard against some of the most advanced cyber threats, without sacrificing the user experience — enabled by the mobile device. As more employees struggle with the increasing

2308, 2018

Identiv Launches Its First Certificate-Based PKI Credential for Microsoft® Minidriver

August 23rd, 2018|Tags: , , , , , , , , , |

FREMONT, Calif., August 23, 2018 — Identiv, Inc. (Nasdaq: INVE) today announced the latest addition to its high-security credential portfolio, uTrust MD Smart Cards. Providing a comprehensive solution for converged physical and logical access control, Identiv’s uTrust MD Smart Card is the company’s first, comprehensive certificate-based public key infrastructure (PKI) credential for Microsoft Minidriver environments. uTrust MD Smart Cards provide out-of-the-box, standards-compliant support for computer security applications. Fully compatible with Microsoft’s Smart Card Base CSP — a cryptographic service provider integrated into the Microsoft Windows operating system —

1608, 2018

Two-Factor Authentication Market 2018 Global Industry Size, Share, Top Leaders, Historical Analysis, Business Strategy and Industry Segments Poised For Strong Growth In Future 2023

August 16th, 2018|Tags: , , , , , , , |

Thursday, August 16th 2018, 8:41 am EDT “Market Research Future” Market Research Future published a research report on “Global Two-Factor Authentication Market Research Report- Forecast 2023” Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Market Scenario: Two Factor Authentication, also known as 2FA, two step verifications. The emerging trends of market dynamics, industry structure and developments, market share assessments for the regional and country level segments, the Two-Factor Authentication Market is derived by the increase in volume of online transactions, high level

1408, 2018

Entrust Datacard Receives Patent for Innovative Card Personalization Process

August 14th, 2018|Tags: , , , , |

MINNEAPOLIS—(Aug. 14, 2018)—Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, today announced that the company was awarded U.S. Patent No. 10,049,320 (“Card Printing Mechanism with Card Return Path”) on Aug. 14, 2018. This newly patented technology facilitates duplex card printing without the need for a second card printing mechanism, which reduces the cost and footprint of card personalization systems. With nearly 50 years of innovation in identity security and quality assurance, and several patents currently pending directed towards drop-on-demand

208, 2018

WISeKey and China Bridge Capital Establish Joint Venture in Zhuhai

August 2nd, 2018|Tags: , , , , , , , |

Geneva/New York/Beijing - August 2, 2018 - WISeKey International Holding Ltd ("WISeKey", SIX: WIHN, OTCQX: WIKYY), a leading cybersecurity and IoT company and China Bridge Capital International, a division of China Bridge Capital (CBC) a leading investor in global disruptive technology company, are in the process of executing their agreement, signed in April 2018, to form a Joint Venture with the name WISeKey China in Zhuhai. The WISeKey China Joint Venture will be funded by China Bridge Capital's disruptive fund, as well as other

3007, 2018

Smart Card Market to Grow at 8.7% CAGR by 2023

July 30th, 2018|Tags: , , , , |

PUNE, India, July 30, 2018  - adds Smart Card Market is forecast to reach USD 21.57 billion by 2023 from USD 14.22 billion in 2018, at a CAGR of 8.7% during 2018 and 2023 driven by increasing use of online payment methods enabling consumers to make secure and reliable payments. In line with this, the use of contactless smart cards has gained remarkable consideration as electronic payment methods are rapidly replacing cash and carry operations. Browse 68 Market Data Tables and 42 Figures spread through 144 Pages and

3007, 2018

ACS an Exhibitor in IoTE 2018

July 30th, 2018|Tags: , , , , |

Hong Kong, 30 July, 2018 - Advanced Card Systems Ltd. (ACS), Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers (Source: Frost & Sullivan), will be an exhibitor at the 2018 (10th) China International Internet of Things Exhibition (IoTE 2018). This year, the event will be held in Shenzhen, China, at the Shenzhen Convention and Exhibition Center from 31 July to 2 August. ACS will be in Booth 1A412, Hall 1. Visitors are welcome to drop

2607, 2018

Easton School District to Roll Out Multi-Use Smart Card Tap-and-Go System

July 26th, 2018|Tags: , , , , , , , , |

EASTON, Pa. - Educators and parents are anxious as schools get ready for classes this fall due to the upsurge in school shootings. They all agree that school campus security needs an upgrade. In the Easton Area School District, officials are rolling out a contactless smart card-based identity management system to protect students and staff members. When they go back in the fall, students will get a smart card to check in and out with with a single tap. This method is part of

2607, 2018

Entrust Datacard TruCredential ID Creator Software Goes Mobile

July 26th, 2018|Tags: , , |

MINNEAPOLIS--(BUSINESS WIRE)--Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, today announced the release of TruCredential 7.5 software that enables tablet and mobile-based capture and issuance of ID cards. A traditional capture station consists of a network computer linked to a camera and printer. With TruCredential 7.5, card program administrators are no longer tethered to this hardwired set up. Instead, users can capture and print IDs with a mobile device from anywhere on their network and print to any network-connected

2007, 2018

Leading global smart card developer UBIVELOX enters cryptocurrency market with strategic alliance with Pundi X

July 20th, 2018|Tags: , , , , , , |

SEOUL, South Korea, July 20, 2018 /PRNewswire/ -- Pundi X, the developer of a blockchain-based point-of-sale ("POS") solution, and UBIVELOX (089850), the KRX-listed company and world's sixth-largest manufacturer of smart cards, today announced UBIVELOX's entry into the cryptocurrency market following a deal between the two companies. Through a strategic alliance signed at Pundi X's R&D center in Shenzhen on Thursday, UBIVELOX, which is a leading world innovator in smart cards, security and communications devices, will support the deployment and development of the Pundi X

1907, 2018

European Association for Biometrics and Secure Identity Alliance Appoint September 16 International Identity Day

July 19th, 2018|Tags: , , , , , |

The European Association for Biometrics and the Secure Identity Alliance join the coalition calling for the recognition of September 16 as International Identity Day Paris, France: ID4Africa announced today that the European Association for Biometrics (EAB) and the Secure Identity Alliance (SIA) have joined the campaign that it had initiated with the National Identity Management Commission (NIMC) at the 4th Annual Meeting of the ID4Africa Movement on 24 April 2018, in Abuja, Nigeria. The campaign calls for