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

e-Smart Technologies delivers its new smart card on second contract in South Korea

Wednesday, February 20, 2008

e-Smart Technologies Inc. has delivered the company’s Super Smart Card, the “I AM” to Hansun Information System Co. Ltd., in South Korea. Hansun Information System Co., focuses on Value Added Network sales and management, specializing in credit card monitoring and EFT-POS terminals.

e-Smart Technologies Inc. is the exclusive supplier of the Biometric Verification Security System, the “I AM” card and the Super Smart Card system and related system technologies for Asia, Africa and the U.S., which e-Smart believes to be the world’s first smart card of its kind with an on-card sensor and a full match on-card system and other unique technologies for secure biometric ID verification. [end] 

The Grand Korea Alliance has opened an NFC shopping center in Seoul’s busiest commercial district, according to NFC World.

Shoppers in the South Korean capital can now head to the Myeongdong district to make NFC-enabled mobile payments at some 200 merchants, as well as download coupons from NFC smart posters, receive public transit info from tags at bus stations, and even place drink orders at restaurants with the tap of an NFC-enabled phone.

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Heartland Payment Systems Campus Solutions division, in partnership with Bridgeway Solutions, an identification and security solutions provider, has been chosen as one of South Carolina’s preferred system providers for electronic disbursement of financial aid refunds and payments to students.

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KT Corporation, Korea’s largest teleco, is predicting that 20 million NFC-enabled phones will be in the hands of South Koreans by the end of 2012 – accounting for nearly 40% of the country’s total population, according to NFC World.

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The U.S. government has settled an infringement case with Leighton Technologies by agreeing to license its smart cards.

Leighton Technologies, a subsidiary of General Patent, filed a case against the federal government in the U.S. Court of Federal Claims in January 2010. Leighton alleged that 54 federal agencies used its six smart card patents without authorization. Leighton’s technology was also used in e-passports.

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India is emerging as one of the world’s fastest growing smart card markets, according to a new research report by RNCOS. With more than one billion in population and increasing modern application areas, India is anticipated to grow at a compound annual growth rate of approximately 15% during 2011-2014.

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Using smart phones for online banking and shopping has been promoted as the next big thing, but adoption has been slow, partly due to the fact that smart phones have security issues. Scientific American reports that this might change with the development of quantum cryptography.

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