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News : Industry News

Frost & Sullivan Presents Philips With First Smart Card Competitive Strategy Award

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

SAN JOSE, Calif., Sept. 16 /PRNewswire/–Frost & Sullivan today announced that Philips received the Frost and Sullivan 2002 Competitive Strategy Award for innovation and unparalleled growth in the global smart card arena. This accolade is the first of its kind given to a company in the smart card market and has been presented to Philips in recognition of its move into the number two position worldwide for the supply of smart card chips.

SCM Microsystems Is Recognized in Europe 500 List for Fourth Consecutive Year

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

FREMONT, Calif., Sept. 12 /PRNewswire-FirstCall/–SCM Microsystems, Inc. (Nasdaq: SCMM; Neuer Markt: SMY), a leading provider of solutions that open the Digital World, has again demonstrated its strong European presence as it ranks 68th among Europe’s Top 500 emerging companies, according to European trade association GrowthPlus.

Irdeto Access Creates Innovative Step Forward for Security Strategy: New Smart Cards to be Issued On a Regular Basis

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

AMSTERDAM, Netherlands, (BUSINESS WIRE), Sept. 16, 2002–With hundreds of millions of Euros being lost to piracy every year, it is crucial for companies to work proactively to reduce their risks.

Philips and Sony Announce Strategic Cooperation To Define Next Generation Near Field Radio-Frequency Communications

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

Electronics Leaders to Jointly Establish Wireless Technology to Significantly Enhance Access to Data and Services via Consumer Devices

Amsterdam, the Netherlands/Tokyo, Japan, September 5, 2002–Royal Philips Electronics (AEX: PHI, NYSE:PHG) and Sony Corporation today announced that they will jointly develop a new near field radio-frequency communication technology, ‘Near Field Communication’ (NFC). The technology enables short-range communication networks between consumer devices incorporating an NFC interface, and is set to greatly improve the way consumers access data and services wirelessly.

Quick Serve Just Got Quicker: National Processing Company Selects Hypercom's High Speed Card Payment Terminal Technology

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

PHOENIX, September 24, 2002–National Processing Company (NPCR), a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP), has signed a multi-year agreement with Hypercom Corporation (NYSE: HYC), a leading global provider of electronic payment solutions, to provide Hypercom’s fast, secure and easy-to-use ICE? 5500Plus and T7Plus card payment terminals and HFT quick service payment technology to its merchant customers. Hypercom’s technology was selected because its card payment terminals and associated systems are among the industry’s fastest and most dependable.

Next Generation MasterCard Credit/Debit Application Provides Issuers Additional Control, Flexibility

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

MasterCard M/Chip, Version 4, Designed to Address Range of Industry Needs

Purchase, NY, and Waterloo, Belgium, October 3, 2002–Responding to feedback received from its member financial institutions around the world, MasterCard today announced the release of MasterCard M/Chip, version 4 (M/Chip 4), a highly flexible smart card application for credit and debit cards. The new version contains a range of features designed to tackle many of the industry’s most pressing needs and takes full advantage of the benefits brought by EMV 2000.

Caradas and XIRING Join Forces to Secure e-Commerce

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

Strategic Partnership Promotes Smart Card-Based e-Payments

BRAINTREE, Mass. and SEVRES, France, Oct. 15 /PRNewswire/–Caradas, Inc., a leading provider of smart card authentication technology, and XIRING, a global provider of smart card based-security solutions, today announced a strategic partnership to further increase consumer and merchant confidence in e-commerce payments through the use of smart cards. As part of the joint sales, marketing and distribution agreement, Caradas will integrate its Connexus™ authentication platform with XIRING’s range of smart card readers, providing a suite of authentication solutions that meet the diverse needs of a global marketplace.

BART Begins Rollout of Cubic's New Fare Collection System

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

SAN DIEGO, (BUSINESS WIRE), Oct. 15, 2002–The San Francisco Bay Area Rapid Transit District (BART) today launches a new fare collection system, developed by Cubic Transportation Systems Inc., a subsidiary of San Diego-based Cubic Corp. (AMEX:CUB).

ActivCard Debuts Corporate Access Card™ (CAC) Solution

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:49 GMT

FREMONT, Calif., Oct. 1 /PRNewswire-FirstCall/–ActivCard® (Nasdaq: ACTI; Nasdaq Europe: ACTI), the leader in IDentity Management (IDM) software, today announced that the ActivCard Corporate Access Card™ (CAC) solution–based upon proven technology developed initially for the U.S. Department of Defense–is now available for the enterprise.

Cubic Corporation Reports a 34% Increase in Third Quarter Earnings and 10.5% Dividend Increase

Posted by Smart Card Alliance Fri, 15 Nov 2002 15:26:48 GMT

SAN DIEGO, (BUSINESS WIRE), July 30, 2002–San Diego-based Cubic Corporation (AMEX:CUB) today reported a 34 percent increase in earnings for the third quarter of fiscal 2002 and a 16 percent increase in sales from the same period last year. Total backlog at June 30, 2002 was $1,180,000,000.

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