Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

We'll All Be Rich

Thursday, June 23, 2005
The market for RFID software, hardware and services will reach $2,195m in 2005, making for a growth rate of 68% over a market in 2004 reckoned to be worth $1,306m. Revenues from the manufacturing industry were said to be more than all other verticals combined in 2004, and still double any other by 2010 according to market researchers at Datamonitor, ComputerWires parent company, who estimate that by 2010 the global RFID market will top $6,138m. For this reason, vertical expertise from vendors will be a key differentiator between those that are successful, and those that are not.”

A smart card pilot project in a Canadian hospital has improved emergency room doctors’ efficiency, cutting down on patient waiting times.

The pilot, being conducted at Rockyview General Hospital in Calgary, began earlier this year, reports CTV. Instead of logging into multiple systems and terminals to get patient information, doctors use smart cards to retrieve these records.

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By Kamran Yazdanjoo, Director of Open Payments, Cubic Transportation Systems

Diversity, accessibility and convenience are the watchwords of transport ticketing in 2012, with the momentum building for bank cards and mobile phones to offer options to traditional transit-issued fare media.

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Apriva, a provider of secure information and wireless transaction solutions, announced that its Apriva Wallet mobile commerce platform is now available to through the company’s nationwide network of merchants.

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By David Worthington, principle consultant for Payment and Chip Technology at Bell ID

Most consumers are comfortable with the concept of a mobile phone as a secure, multifunctional device. It is this consumer acceptance, coupled with technological advancement, which make the 2012 market conditions ripe for greater expansion in mobile services.

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Texas Instruments has stepped into the NFC market with the launch of a low power NFC transceiver.

According to TI, the TRF7970A NFC platform supports both peer-to-peer communication, read/write capabilities and card emulation, all while saving twice the power of competitive transceivers.

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Sequent Software, a California-based provider of mobile NFC software, announced the launch of Core Card Services (CCS), a solution designed to enable any mobile app to seamlessly integrate NFC payments, ticketing, coupons, ID badge access and more.

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