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.
- Uber to let customers use Venmo to share costs with friends
- Seoul moves forward with plans for its own S-Pay payments system
- NXP supplies contactless and NFC chips for World Cup tickets and match balls
- Grab unveils plan to turn its mobile wallet into a platform
- WeChat Pay ‘will not seek to offer more local payment wallets’