News about Encryption.
June 19th, 2014
UK-based startup Tap2Tag has introduced a range of NFC wristbands, key fobs, cards and stickers that can be used to instantly retrieve a person’s medical history and associated information in an emergency. Users upload the…
June 5th, 2014
Zimbabwe-based banking solutions provider Edgetech Solutions is preparing to launch a new mobile payment service that uses sound-based communication technology from NearBytes to let people make payments in stores with their phones. When launched, the Edgepay solution…
May 13th, 2014
Banking and payments technology provider FIS has launched a cloud-based service that lets banks instantly issue EMV ‘chip and pin’ or magnetic stripe cards to customers in their branches. “FIS Instant Card requires no server software or processing hardware to be installed or maintained at a financial institution’s location,” FIS says. “Instead, all server hardware, security modules, card profiles, keys/encryption, EMV data preparation, PCI compliance and more are fully managed by FIS.”
April 7th, 2014
Inside Secure has bought software obfuscation and encryption specialist Metaforic. The deal will provide “access to key technologies for enabling cloud-based mobile payments security with host card emulation” and is valued at US$11.6m plus a…
March 25th, 2014
Wirecard has integrated support for host card emulation (HCE) into its mobile wallet platform, “enabling telecommunications companies, financial service providers, banks and also retailers to quickly enter the mobile payment market through near field communication.”…
February 24th, 2014
The Galaxy S5, Samsung’s new flagship smartphone, includes biometric security as well as NFC — and can be used to make payments at any merchant that accepts PayPal online or in store. The new finger…
January 16th, 2014
A newly published Apple patent application uses a secure element in a mobile phone to store cardholder data, NFC to initiate a transaction and Bluetooth or WiFi to complete the processing of a transaction and…
November 27th, 2013
The Federal Reserve Bank of Boston has published a summary of a June meeting of its Mobile Payments Industry Workgroup (MPIW) that sets out a number of reasons why NFC has not yet taken off in…
July 24th, 2013
Canadian bank RBC is to introduce an NFC mobile payments service that stores customers’ card details in the cloud. RBC Secure Cloud will launch later this year and will be delivered “through partnerships with mobile…
June 12th, 2013
Taiwan-based PQI Group has demonstrated an NFC-enabled memory stick at Computex 2013. “Simply plug the thumb drive into a USB port and use an NFC-equipped smart phone in close proximity to engage the encryption mechanism and access files stored on the thumb drive,” says PQI. “Your personal files are safeguarded from prying eyes with the highest level of protection.”
April 11th, 2013
Seqr does not require merchants to install new hardware and promises to cut transaction fees in half by bypassing the traditional payments networks. McDonald’s, Axfood and Kjell & Company have already adopted the system in Sweden.
March 20th, 2013
Key2Share allows virtual keys stored on NFC phones to be shared securely using QR codes that can be sent by email or MMS message — or even in the mail.
February 23rd, 2013
Chip maker NXP has licensed Intrinsic ID‘s Physically Unclonable Function (PUF) technology for use with its SmartMX2 smart card and secure element chips. “PUFs are an innovative way of safeguarding individual chips from data theft by using the unique ‘fingerprint’ inherent in every semiconductor device to protect its encryption key, making it very hard to clone and thus reverse-engineer and compromise security microcontrollers” says NXP.
February 13th, 2013
Android users can ditch their passwords and instead wave a contactless smart card over their phone or tablet to securely log in to apps and access encrypted data.
December 7th, 2012
Good Technology’s Good Vault enterprise email security solution for iPhones can now use a sleeve from DeviceFidelity to hold a microSD card as part of its two factor authentication scheme. A secure element on the microSD card holds credentials and security certificates to allow users to access, encrypt and sign email to ensure privacy and compliance with business security requirements while using their iPhone.
December 3rd, 2012
The Spanish bank is to issue contactless TAP Visa stickers in Barcelona, and expects some 200,000 to be in use by the time the city hosts the Mobile World Congress in February.
November 19th, 2012
The sale suggests that Apple’s interest in acquiring Authentec lies with the company’s innovative combined fingerprint and NFC solution, which is not part of the division being acquired by Inside Secure, and will lead to renewed speculation that Apple will include NFC in future iPhones and other devices.
October 31st, 2012
HID Global has launched HID Trusted Tag Services, a cloud-based platform that works with NFC tags to authenticate a wide range of assets. “HID Trusted Tag transponders can be applied to physical objects and documents…
October 29th, 2012
“With the availability of the VaultSecure IC, smartphone manufacturers, mobile network operators and other trusted third parties can co-own the SE and install, personalize and administer their own open- or closed-loop payment, access control, transit, loyalty or other secure applets,” says Inside’s Pierre Garnier.
September 24th, 2012
Researchers at Intrepidus Group have demonstrated how an Android NFC phone can be used to add value to a transit card without paying but, says NXP, the vulnerability is limited to transportation card issuers that haven’t upgraded from Mifare Ultralight to the newer Mifare Ultralight C technology.