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

INSIDE Contactless named to Red Herring Top 100

Monday, January 26, 2009

INSIDE Contactless, a provider of contactless chip technologies, announced that it has been awarded as one of the Red Herring Top 100 Global Companies. Some 1800 companies contended for these awards, and the Red Herring editorial team selected INSIDE Contactless after an evaluation process based on quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy and ecosystem integration.

The editorial team narrowed down the best companies first to 200 finalists, then to the top 100 winners of this global award. The announcement of the winners was made at the Red Herring 100 Global, which took place in San Diego from January 14-16. [end] 

Inside Secure has launched a free, open-source NFC protocol stack for Google’s new Android 4.0 “Ice Cream Sandwich” mobile operating system.

According to Inside, Open NFC 4.3.3 is compliant with the Ice Cream Sandwich release Compatibility Definition Document (CDD) for NFC, and supports all the latest Android NFC features, including Android Beam and WiFi Direct pairing connection.

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Thinking of changing your mag stripe campus ID card to contactless? Campus card provider CBORD may be able to help. The company is offering a free webinar March 27 that will enable participants to learn the latest about contactless credentials for colleges and universities.

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Intel Corp. has signed a deal with Inside Secure that will enable Intel’s Mobile Wireless Group to develop new NFC-enabled solutions based on Inside’s MicroRead, SecuRead and Open NFC products.

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A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

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Boston-based Revosys has announced that it will implement NFC payment processing in its upcoming “Interactive V5 In-Taxi” advertising system.

According to Revosys, the upgraded Interactive V5 will allow passengers to pay for fares with NFC-enabled mobile phones, contactless credit and debit cards, and traditional magnetic stripe cards.

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INSIDE Secure has developed a way to fit an NFC card emulation solution into a standard SIM card form factor and still achieve industry-standard 4-centimeter proximity transaction performance.

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