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

Today's Deal: Syscan International Secures Cash

Thursday, September 13, 2007

Syscan International Inc. today announced that it has secured an order with one of Canada’s largest corporations for the delivery of an RFID-based Security & ID tracking solution valued at approximately $500,000.

Joseph Tassone, President and CEO of Syscan International Inc., commented, “Syscan has demonstrated its technological leadership by successfully converting our customers’ requirements into a secure ID tracking solution. Moving to an RFID-based system allows this customer to benefit from substantial productivity gains, heightened security levels and quickly achieve a favourable return on investment.” [end] 

Department of Homeland Security Sec. Janet Napolitano and Transportation Security Administration Administrator John S. Pistole announced the expansion of TSA PreCheck, a passenger pre-screening initiative, to additional airports across the country following the program’s success at seven pilot locations.

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UPM has reached an agreement with SMARTRAC whereby UPM will sell its RFID business to SMARTRAC. UPM will become an indirect shareholder of SMARTRAC with a 10.6% economic interest through the company OEP Technologie.

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Identive Group Inc. has announced a deal to acquire a majority stake in Hamburg, Germany-based payment solution AG, a cashless payment system provider for stadiums, arenas and other types of entertainment venues.

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K-Plussa launched an upgraded, contactless version of its cash card to provide a faster and easier shopping experience for costumers at the checkout. K-Plussa is a customer loyalty programmed in Finland offering benefits to its customers from over 3,000 shopping places and over 40 business partners.

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The 25,000 VIPs, including athletes, coaches and officials, arriving for the summer Olympics in London through Heathrow International Airport will have a dedicated passport lane just for them when passing through immigration, according to a Daily Mail article.

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The Delhi Metro is in the process of acquiring new automatic fare collection gates that will enable passengers to recharge their metro cards without paying cash, according to TruthDive.com.

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