RegardingID Archive | We'll All be Rich

Friday, January 20, 2006

“IDTechEx has extensively researched the RFID industry to highlight new trends and forecasts in RFID for the years ahead. Cumulative sales of RFID tags for sixty years until the beginning of 2006 totaled 2.4 billion, with 600 million tags being sold in 2005 alone. The spend on RFID tags in 2005 was $1.2 billion and the total spend on RFID (including tags, readers, services, etc) was $1.85 billion. In 2006, we expect 1.3 billion tags to be sold. About 500 million of these RFID smart labels will be used for pallet and case level tagging, but the majority will be used for a range of diverse markets from baggage and passports to contactless payment cards and drugs.”

Editors have been happy to report on the “We’ll all be rich” series, but we’d like to make a call to analysts far and near: stop it. RFID is/will be huge. You can’t predict the market beyond that. Monthly reports on the size of an industry a decade from now are redundant. Please stop.

Skycore pilots NFC authentication app with MissionTix

Skycore LLC has teamed up with Baltimore-based ticketing service provider MissionTix to pilot its new “codeREADr” Android app for validating NFC-enabled access credentials.

MissionTix will offer their venue clients reusable, rechargeable NFC wristbands that can be used to attend multiple ticketed events. Venue staff can read these wristbands by simply tapping them with an NFC-enabled Android 4.0 device equipped with Skycore’s codeREADr app. The app validates the data embedded in the wristband in real-time against an on-device or online database of authorized values, typically managed by a ticketing company or other service provider on behalf of the venue or merchant.

Nearly half of all payment cards are EMV-based

EMVCo, the EMV technology standards body owned by American Express, JCB, MasterCard and Visa, released data showing the growth of EMV acceptance around the world, with nearly half of all payment cards and three-quarters of all payment terminals in circulation being based on EMV technology.

Vantiv certifies VeriFone VX Evolution platform for EMV payments

VeriFone Systems has received certification of its EMV/NFC-enabled payment processing solution from Vantiv, a provider of payment processing services and related technology solutions for U.S. merchants and financial institutions.

New airport e-gate supports multimodal biometrics

Vision-Box, a biometrics solutions provider, has come out with an automatic border control e-gate that supports multimodal biometric authentication.

This new e-gate is a thin system that contains vb i-match, a single sourced design that is modular and flexible and can be adapted to business requirements and infrastructure constraints that would otherwise disrupt passenger flow. It has the ability to cope with industry standards such as ICAO. The e-gate supports iris, fingerprint and facial biometrics.

Student ID number replaces cash at school cafeteria

Students at the Salem, Ark. high school need to only punch in their ID number at the start of the cafeteria line in order to eat lunch. The program, called Etrition, includes a terminal at the start of the food service line which eliminates the need for diners to pay cash and receive change from a cashier.

BRD selects Oberthur to supply multi-app payment cards

Romanian bank BRD, a unit of Société Générale, has selected Oberthur Technologies to supply multi-application payment cards. These cards have payment scheme applications, as well as the ability to host transport, access control, PKI or biometric apps.

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