Archive for 'Industry News' Category

Smart Card Technology Enhances FIDO Implementations for Strong Authentication

Smart Card Alliance white paper highlights benefits of  smart card technology in FIDO authentication standard implementations Princeton Junction, N.J., May 2, 2016 – Today, the FIDO Alliance is working to provide simpler, stronger authentication to reduce reliance on usernames and passwords, which are susceptible to a wide range of attacks. Organizations implementing FIDO authentication standards Read the full article…

Smart Card Alliance Expands Focus to Internet of Things, Forms New Council to Accelerate Adoption of Secure Architectures

Princeton Junction, N.J., April 27, 2016 – As the Internet of Things (IoT) creates an increasingly connected world—connected devices are expected to reach 21 billion by the year 2020—security and privacy concerns are top-of-mind. To address these concerns, the Smart Card Alliance is bringing its expertise to IoT as it has done in other markets Read the full article…

Smart Card Alliance Outlines New Paradigm for a Secure, Streamlined Healthcare Industry in New Infographic

Princeton Junction, N.J., April 19, 2016 – Healthcare spending losses to fraud and abuse total $272 billion a year, but no single part of the healthcare system is responsible. Each stage of healthcare has risks of fraud, errors, waste and abuse. These vulnerabilities can be reduced at every stage by implementing an identity management system Read the full article…

US Payments Industry Executives Gather at the Smart Card Alliance’s 2016 Payments Summit and the ICMA EXPO

Princeton Junction, N.J., April 13, 2016 – More than 800 executives and 100 exhibitors gathered in Orlando, Fla. for last week’s 9th Annual Smart Card Alliance Payments Summit, co-located for the first time with the International Card Manufacturers Association’s 26th annual EXPO. The $26.5 billion card manufacturing and personalization services market is forecasted to grow 8.8 Read the full article…

Revamped Smart Card Alliance Government Conference Offers Refreshed Look at Government Identity and Authentication

Securing Federal Identity 2016 comes to D.C. in June Princeton Junction, N.J., March 31, 2016 –The Smart Card Alliance invites government and security executives and industry leaders to attend Securing Federal Identity 2016, coming to Washington D.C. this June. Building off of 14 years of successful Smart Card Alliance government conferences, this refreshed event brings Read the full article…

Model for Open Payments Architecture in Transit Outlined in Smart Card Alliance White Paper

Princeton Junction, N.J., March 22, 2016 – As the transportation industry looks to move towards open payment systems for more convenient transactions, there are complexities that need to be considered to successfully implement and deploy an architecture that accommodates open payments and integrates with other transit-specific systems. To support developers, integrators, procurers, and users of Read the full article…

Infineon presents world’ smallest plug-and-play NFC security module for smart wearables

Munich, Germany and Beijing, China – March 21, 2016 – From fitness trackers and smart keys to chains, watches or wristbands – smart wearables of all kinds are increasingly including mobile payment functionality. Wearable manufacturers are thus challenged to equip even the smallest of devices with security and NFC technologies. The solution lies in a Read the full article…

oti and Billing System Corporation Demonstrate NFC-based Cashless Payment Solutions at RETAILTECH JAPAN

Rosh Pina, Israel – March 16, 2016 – On Track Innovations Ltd. (oti) (NASDAQ: OTIV), a global provider of Near Field Communication (NFC) and cashless payment solutions, and its strategic partner, Billing System Corporation (TSE: 3623), a leading payment service provider, demonstrated prototypes of their jointly developed NFC-based cashless payments solutions for the Japanese market Read the full article…

oti Receives Significant Follow-On Orders for NFC Readers From Major North American Customer

Rosh Pina, Israel — March 9, 2016 — On Track Innovations Ltd. (oti) (NASDAQ: OTIV), a global provider of Near Field Communication (NFC) and cashless payment solutions, has received a series of significant follow-on orders for its SATURN line of NFC readers from a North American-based customer serving the self-serve market segment. Initial shipments are expected Read the full article…

Smart Card Alliance 2016 Education Program Aligns to Requirements Outlined in President Obama’s Cybersecurity National Action Plan

Princeton Junction, N.J., March 1, 2016 –President Obama’s bold Cybersecurity National Action Plan (CNAP) aims to modernize the federal government’s IT security infrastructure and expand its use of two-factor authentication. To help prepare government executives, managers and employees—and their technology provider partners—to achieve these goals, the Smart Card Alliance has updated its training programs and Read the full article…