Identive Ranked Among Fastest-Growing Technology Companies in North America

Source: Identive Group, Inc. Date: October 20, 2011 02:30 ET

SANTA ANA, Calif. and ISMANING, Germany, Oct. 20, 2011 (GLOBE NEWSWIRE) -- Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), a provider of products, services for the identification, security and RFID industries, today announced that it has ranked No. 468 on the 2011 Deloitte Technology Fast 500™, which ranks the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This recognition is based on the percentage of revenue growth from 2006 to 2010, during which Identive grew by 152 percent. Identive's chief executive officer and chairman Ayman S. Ashour credits the company's growth to its comprehensive offerings along the Secure ID technology value chain and the central role of identity management in emerging applications -- from contactless ticketing to enterprise security to mobile payments. "Identive's inclusion in the Technology Fast 500 highlights the growing need for solutions that enable secure management of our identity credentials, whether as citizens, employees or consumers," said Ashour. "Identive addresses the need for Secure ID products and solutions along the value chain, with a strong foundation of IP in RFID and smart card technologies and significant expertise in the development and implementation of ID systems. As the incorporation of identity credentials in NFC mobile phones spurs new applications and usage models, we will continue to focus on providing identity management solutions that protect people, data and assets." About Deloitte's 2011 Technology Fast 500™ Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America. About Identive Group

Identive Group, Inc. (Nasdaq:INVE; Frankfurt:INV) is focused on building the world's signature company in Secure ID. The company's products, software, systems and services address the markets for identity management, physical and logical access control, NFC and a host of RFID-enabled applications for customers in the government, enterprise, consumer, education, healthcare and transportation sectors. Identive's mission is to build a lasting business of scale and technology based on a combination of strong technology-driven organic growth and disciplined acquisitive expansion. For additional info visit: www.identive-group.com.

Identive Announces Innovative New Inlay Manufacturing Technology

SANTA ANA, Calif. and WALLISELLEN, Switzerland,  (GLOBE NEWSWIRE) -- Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), a provider of products, services and solutions for the identification, security and RFID industries, today announced an innovative breakthrough in RFID inlay manufacturing technology. The Company's patent-pendingSmartCore technology produces RFID core-inlays enabling unprecedented printability for contactless ID and access cards, with a thinner profile than traditional inlay designs. An inlay is a thin material substrate incorporating a microchip bonded to an antenna, and functions as the heart of an RFID (radio frequency identification) credential such as a smartag, label, sticker or card. Contactless RFID technology is rapidly replacing traditional machine-readable identification technologies in numerous applications, offering substantially enhanced security and convenience. Werner Vogt, Managing Director of Identive's Multicard Switzerland and principal inventor ofSmartCore commented, "SmartCore leverages Identive's proprietary antenna and inlay designs as well as manufacturing techniques invented by our team and honed over many years. The unparalleled technique of Identive's SmartCore inlay eliminates the bumps and irregular patterns found in most contactless cards and enables a perfectly even surface with a uniform thickness and appearance that consequently allows improved ability to print and customize electronic ID cards." "Identive is well established as an inlay manufacture for smartags, labels and tickets and with this new technology we are now expanding our range into ID cards and badges," explained Michael Kober, Managing Director of Transponders for Identive. "The special design of ourSmartCore inlay offers partners more flexibility, more durability and ultimately a lower cost of implementation for contactless cards for employee ID, facility access and other applications." Identive will showcase its new SmartCore technology in November at the ID WORLD International Congress in Milan, Italy and at the annual CARTES & IDentification exhibition in Paris, France. Initial orders for SmartCore inlays already have been booked and delivered and Identive is currently installing new SmartCore production capabilities at its Wallisellen plant that are expected to be fully operational in early 2012. About Identive Group Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV) is focused on building the world's signature company in Secure ID. The company's products, software, systems and services address the markets for identity management, physical and logical access control, NFC and a host of RFID-enabled applications for customers in the government, enterprise, consumer, education, healthcare and transportation sectors. Identive's mission is to build a lasting business of scale and technology based on a combination of strong technology-driven organic growth and disciplined acquisitive expansion. For additional info visit: www.identive-group.com.

SmartCore(TM) Enables Unprecedented Printability for Contactless ID Cards

SCM Microsystems' Readers Certified for Use in the Korean Market

Source: Identive Group, Inc. Date: October 20, 2011 02:30 ET

ISMANING, Germany, Oct. 20, 2011 (GLOBE NEWSWIRE) -- SCM Microsystems, a leading provider of solutions for secure access, secure identity and secure exchange and a business unit of Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), today announced that several of its smart card readers have been certified for use in the Korean market and now carry the official Korea Certification (KC) mark. Readers certified for use in Korea include SCM's SCL3711 and SCL011 contactless readers,SDI011 dual interface reader and SCR3310v2.0 and SCR3500 contact readers. The certification signifies compliance with all standards and requirements of the Korean authorities for radio communications equipment. The KC mark ensures that the readers can now be used by government agencies, enterprises and private users. "Korea's rapid adoption of smart card-based technologies for telecommunications, banking and payments, transportation and corporate ID makes it an attractive growth opportunity for SCM, and certification of our readers is an important step to penetrating this key Asian market," said Dr. Manfred Mueller, chief executive officer of SCM Microsystems. "This initial certification brings value to our customers in Korea as it allows them to leverage proven SCM technologies to quickly build and certify their own market solutions. As part of our global certification program we will continue to pursue certifications for additional product families in the coming months." About the KC mark The KC labeling is comparable to the CE and FCC marking and declaration of conformity standards in many countries. These designations certify that each product meets the applicable regulations for quality and safety in each country and has been tested according to prescribed conformity assessment procedures. The KC mark was launched by the Korean Agency for Technology and Standards (KATS) and is valid for all radio communications equipment. For the testing procedure SCM utilized a testing laboratory accredited by the Korean Radio Research Agency (RRA). About SCM Microsystems SCM Microsystems, a business unit of Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), is a leading provider of solutions for secure access, secure identity and secure exchange. The company offers the world's broadest range of contact, contactless and mobile smart card reader and terminal technology, digital identity and transaction platforms, as well as systems that integrate physical and logical access control. SCM's smart card-based products and solutions are utilized around the world to enable security and identification applications, NFC-based transaction systems, eHealth- and eGovernment programs and physical access. For more information, please visit www.scmmicro.com.

Gemalto Named 2011 Industry “Company of the Year” by L’Usine Nouvelle

Successful evolution to digital security and reinvents the world of industry

AMSTERDAM--(BUSINESS WIRE)--Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces it has been distinguished with the “2011 Industry Company of the Year” award from L’Usine Nouvelle¹, a reference publication in the industrial and technological space. This award recognizes Gemalto’s “successful evolution to the digital world” and “achievement in reinventing the world of industry”.

“The software and wireless opportunities were the sparks that triggered our transformation from a card manufacturer to the leader in digital security, the “protector of identities and digital assets”

A number of major contracts signed this year all over the world, a strong attention to innovation and intellectual property management, combined with Gemalto’s imaginative industrial strategy and its extensive portfolio of solutions and services were key in the selection. L’Usine Nouvelle ranked Gemalto clearly first amongst 300 large enterprises industry leaders in their markets. Olivier Piou, CEO of Gemalto, received the prize in presence of Mrs. Laurence Parisot, president of the French Enterprises Council, and M. René Ricol of the French Prime Minister office.

“This award is a prominent acknowledgment of our innovation capacity and of our ability to change beyond our core business for more business”, commented Olivier Piou, Chief Executive Officer of Gemalto. “The software and wireless opportunities were the sparks that triggered our transformation from a card manufacturer to the leader in digital security, the “protector of identities and digital assets”. It is a great pride for all of us at Gemalto to receive this prestigious award, especially in this year where the country rediscovers the fundamental importance of its industry. We’ll continue to make the digital world more convenient and secure, for businesses, government agencies and consumers alike!”

¹L’Usine Nouvelle is a French weekly trade publication aiming to inform consumers on market evolution, new trends, technological and competitive intelligence in the French industry.
Readership: decision-makers in the industry. Circulation: 31,980 copies (Source : OJD), 223,000 readers (source AudiPresse Premium 2010).

About Gemalto

Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security with 2010 annual revenues of €1.9 billion and over 10,000 employees operating out of 87 offices and 13 Research & Development centers in 45 countries.

Pyramid Research's Cristiano Laux to Moderate at NFC Payments USA 2011

CAMBRIDGE, Mass., Oct. 20, 2011 /PRNewswire/ -- Pyramid Research's Cristiano Laux will be moderating the panel, Educating the Consumer: Getting it Right at NFC Payments USA taking place in Miami, Florida, November 2-3, 2011. Pyramid Research (www.pyr.com) is proud to be a partner of this event.

As moderator, Cristiano will be identifying who is currently leading the effort to market NFC to consumers and how much they are gaining as a result.  In addition, the panel will focus on identifying the key focus for the consumer message, speed, simplicity or security as well as debating whether tech giants can be relied on to master consumer education and push critical mass. Cristiano Laux recently spoke with NFC Insight's Correspondent Ritesh Gupta about the current status of mobile payments. Read the interview here. 

As the Director of Consulting at Pyramid, Cristiano leads a team of consulting practice leaders and has managed projects on opportunity assessment, market and competitive intelligence, international benchmarking, channel development, investment strategy, M&A, time to market and commercial strategies.  He will be available to discuss these topics and more during the event. Read more about Cristiano here. To request an onsite meeting, please contact him directly at claux@pyr.com.

NFC Payments USA is taking place 2-3 November at Ritz Carlton Coconut Grove, Miami. For more information click here: http://www.nfcinsight.com/paymentsusa/index.shtml?utm_source=Pyramid%2BResearch&utm_medium=banner&utm_campaign=NFC%2BUSA

Pyramid Research (www.pyr.com) offers practical solutions to the complex demands our clients face in the global communications industry. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for more than 100 countries – a distinction that has remained unmatched for more than 25 years. As a telecom research arm of the Light Reading Communications Network (www.lrcn.com), Pyramid Research contributes to the only integrated business information platform serving the $4 trillion global communications industry.

The Light Reading Communications Network (www.lrcn.com) combines the most trusted telecom research brands with award-winning online communities and a rich events portfolio to deliver the only integrated business information platform serving the global communications industry. With the power of this platform, leaders who build, deploy, finance and regulate next-generation telecom networks are able to make more informed decisions on emerging market and service opportunities. The Light Reading Communications Network is a division of UBM TechWeb (www.ubmtechweb.com), the global leader in technology media and business information.

Press Contact
Jennifer Baker
Marketing Director, Light Reading Communications Network
617 871 1910
jbaker@lightreading.com

SOURCE Pyramid Research

Commonwealth Bank to Unveil World-First Mobile Payment App

SYDNEY, Oct. 21, 2011 /PRNewswire/ -- This coming Tuesday, Oct 25th at 10:00 (AEDT), the Commonwealth Bank of Australiawill be unveiling a world-first mobile app that marks a significant change to the way their customers can pay. This app will combine a number of payment types, with more details to be announced.

Media are invited to witness the launch via a web streamed press conference taking place at:www.commbank.com.au/announcement. The site will not be live until 10:00 AEDT on October 25th.

Speaking at the press conference are:

Michael Harte, Chief Information Officer, Commonwealth Bank
Andy Lark, Chief Marketing and Online Officer, Commonwealth Bank
David Lindberg, Executive General Manager Cards Payments and Retail Strategy, Commonwealth Bank
Adam Bennett, Chief Information Officer of Retail and Business Banking, Commonwealth Bank

Interviews with spokespeople are available on a request basis and should be directed to Alex Waldron on +61 404 196 206 oralex@onegreenbean.com.au

Dates and times around the world for this announcement are:

Los Angeles/San Francisco: 16:00 (Monday 24th)
New York: 19:00 (Monday 24th)
London: 00:00 midnight (Monday 24th to Tuesday 25th)
Paris: 01:00 (Tuesday 25th)
Bangkok: 06:00 (Tuesday 25th)
Hong Kong: 07:00 (Tuesday 25th)
Tokyo: 08:00 (Tuesday 25th)

SOURCE Commonwealth Bank of Australia

SELF-LEARNING NOW A MUST IN MODERN FRAUD PREVENTION, SAYS ALARIC

SELF-LEARNING NOW A MUST IN MODERN FRAUD PREVENTION

The press release below delves further into the innovative Self Learning technology which Alaric has created and successfully implemented in its Fraud Solutions.

This is a deliberate step away from the widespread neural based fraud prevention found in other models Fractals uses, self-learning models together with in flight, real time transaction blocking to drive down fraud losses. The result is vastly increased detection rates, reduced false positives and an increased percentage of fraud cases detected on the first fraudulent transaction.

Self-learning has significant advantages to merchants;

· A self-learning model will easily deliver in excess of 80% case detection rate at a low false positive ratio an improvement of up to 20% on the typical neural models.

· Fractals self-learning model is specially designed to be easily used by fraud analysts, detection rules can be created using familiar Windows-based point and click technology.

· No programming or database knowledge is required.

· Fractals self-learning detection models detect more than 70% of fraud cases on the first fraud AND can reject the transaction in flight as part of the authorisation process.

Alaric has delivered strong revenue growth, driven by customer acquisition in all three major target regions of the US, EMEA and Asia Pacific. This new Self Learning Technology is set to increase this growth even more.

Dynamic self-learning technology provides users with an easy to operate fraud prevention system which has been proven to dramatically reduce fraud losses.

London – 21st October, 2011 – Following the release of its Fractals 3.7 software last month, Alaric International is now keen to demonstrate the vital role self-learning has to play within payment fraud prevention strategies, now and in the future.

Mike Alford, Chief Executive of Alaric said: “For any given organisation a self-learning model, like Fractals 3.7, will easily deliver in excess of 80% case detection rate at a low false positive ratio. A typical neural network consortium model may detect just ~45%-47% of fraud cases at an ‘acceptable’ false positive ratio. In practical terms, self-learning models can significantly save an organisation’s losses to fraud, typically between 70% and 90%.”

The Fractals product suite detects fraud using a combination of tailored user-prescribed rules together with Alaric’s market leading mathematical models. Most notably, it is the user experience that makes this software stand-out from the competition. Specially designed to be easily used by fraud analysts, detection rules can be created using familiar Windows-based point and click technology. No programming or database knowledge is required.

It is a well-known fact that use of true real time, in flight blocking of transactions can save an institution as much as 33% of its fraud losses as compared to near real time/”one-transaction-behind-real-time” operations. The decisive advantage of Fractals self-learning detection models is that they can detect more than 70% of fraud cases on the first fraud AND can reject the transaction in flight as part of the authorisation process, leading to major fraud savings. Many companies already have a fraud detection system in place, but in order to keep up with constantly emerging new fraud threats, companies should upgrade to an intelligent self-learning model.

Fractals version 3.7 also comes with a host of other benefits including enterprise rules and a reduced need to write rules due to the power of self-learning.

For further information please visit: www.alaric.com

About Alaric

Headquartered in London, with international offices in Malaysia, Australia and the U.S., Alaric is a leading supplier of advanced technology payments products and services. Alaric offers solutions for both SOA-based and conventional multi-channel payments integration, card authorization, switching and routing, enterprise wide fraud detection and card fraud detection.

Alaric's products are fully platform independent and scalable to meet the needs of the largest financial institution, service provider or retailer. Used in combination, Alaric’s Authentic and Fractals products represent the highest performance payment switching and fraud solution available on the market.

Authentic is a modern ultra-high performance EFT authorisation and routing system. Achieving in excess of ten thousand transactions per second in recent benchmark tests, Authentic is highly configurable with innovative market leading functionality with five nines fault tolerance.

Fractals enables a unique multi-institution, multi-lingual approach to enterprise fraud detection, allowing financial institutions, processors and retailers across the globe to deploy a holistic fraud management solution at an enterprise level. It is a single, integrated solution for issuer and acquirer fraud detection, providing economies of scale in hardware, database licences, staffing and training.

For further information please visit: www.alaric.com

GAME Launches Revolutionary New ‘Digital Wallet" For Online Gamers

InComm, the world’s leading prepaid product and transaction services company, has partnered with GAME Group, Europe’s leading pc and video games retailer to offer consumers a way to easily find and securely pay for digital game downloads, subscriptions and in-game items. GAMEwallet, which launched in beta today in the UK, is an all-in-one online destination where games are marketed, searched and purchased, with the added security and convenience of InComm’s industry leading prepaid solutions.

GAME Launches Revolutionary New ‘Digital Wallet" For Online Gamers

·         Partners with InComm, world’s leading prepaid product and transaction services company

·         BETA version goes live this weekend

HAMPSHIRE, ENGLAND – Oct. 21, 2011 – GAME Group, Europe’s leading pc and video games retailer, today unveils GAMEwallet, a completely new way for customers to explore, find and pay for digital downloads, streaming, online gaming subscriptions and essential in-game items.

The Group has partnered with InComm, the world’s leading prepaid product and transaction services company, to give customers an easy and secure alternative to using debit and credit cards online.

Launching as a BETA on 21 October, GAMEwallet will offer customers access to a range of digital titles including Runescape, APB, Fight My Monster and Bin Weevils. In a global first, the titles from a number of publishers and developers will be marketed in one place with customers able to buy items within them using their GAME currency:  Reward Card points and a GAMEwallet top up card.

Tricia Brennan, Group Commercial Strategy Director explained “The digital games market is growing fast, but two things are holding it back: the reliance on customers using credit or debit cards online, and the lack of a one-stop shop offering advice across a wide range of titles from different publishers. We’re about to change that.

“GAMEwallet is designed for the 80%+ of our customers who are buying digital products in our stores using their Reward points, cash or a trade-in instead of a debit or credit card because they want security and control.  We want to make digital gaming accessible to everyone, and will introduce new customers to great digital titles and experiences by presenting and recommending the best range of titles in one place.”

“Over the last 20 years we have developed millions of close relationships with customers. They come to our stores for our expertise and advice and we are now able to offer that in the online digital world.”

“With online gaming growing at such a fast pace, it’s important to provide customers with the products and services they need to have exceptional experiences, especially when it comes to convenience, ease of use and security,” said Dave Etling, VP Product Development, InComm. “We’re pleased to partner with GAME Group to give consumers a simpler way to purchase and redeem game currency.”

GAMEwallet will bring all online gaming payments into one place, and over the next few months will expand to offer customers a multitude of ways to pay for digital content or subscriptions through using their Reward Card points, their GAMEwallet top-up card and, from next year, their GAME gift card. These will be stored together in each customer’s GAMEwallet, and they will be able to choose to use one or a combination of each to pay for a virtual product, download, rental or subscription.

This replaces the current system, which requires gamers (or their parents) to have individual payment accounts for each online game.

The GAMEwallet BETA launches today with the following great publisher partners. Further publishers and titles will be announced in 2011 and 2012.

Publisher:	Titles:
Bin Weevils	Bin Weevils
Fight My Monster	Fight My Monster
Gamania	Lucent Heart
K2 Gamers First	APB Reloaded Fallen Earth Hailan Rising Sword 2 Victory – Age of Racing War Rock
Jagex	Runescape
Outspark	Luvinia Solstice Reborn Seven Dragons

To set up a GAMEwallet account, customers simply need to visit www.gamewallet.co.uk and register.   

About GAME Group plc:
GAME Group plc is Europe's leading retailer of pc and video games, video game consoles and related accessories. We operate from 1,200 GAME and gamestation stores, concessions and franchises in the UK, Eire, Scandinavia, Iberia, France and Australia. Together with our on-line, digital and multi channel shopping services, our aim is to be the destination of choice for every consumer.

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• InComm Named Leading Prepaid Organization and Best Prepaid Product Distributor at 2011 Prepaid Awards (nfcdata.com)

SMEs Get Quick Access to Cash from TradeShift

By Ben Rooney - Wall Street Journal

Danish social invoicing company Tradeshift is launching a service that will allow small customers to get immediate payment for their invoices and not be limited to the terms imposed on them by their customers.

If a supplier submits an invoice for payment through Tradeshift and that invoice is accepted for payment by the customer, then the supplier can, for a fee, redeem the invoice early. Christian Lanng, Tradeshift CEO said Instant Payment would be rolled out shortly. It is currently in beta.

Tradeshift, based in Copenhagen and launched in 2010, offers free e-invoicing.

Instant Payment service is a variation on conventional factoring, but Mr. Lanng says there are differences, essentially the rate of interest that they are able to charge. With access to a rich supply of data, Tradeshift is able to offer a per-deal interest rate, rather than a flat rate for all transactions.

And unlike invoice discounting, which relies on the credit rating of the supplier, Tradeshift’s instant payments leverages the credit rating of the customer.

Mr. Lanng said it was another example of big data. “We are using big data to crunch this real time. We can create a whole new way of doing credit.  more from the Wall Street Journal

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• How Tradeshift Tweeted And Got 50 Coders To Build Its First Version For Equity - with Christian Lanng (mixergy.com)
• Something is rocking in the state of Denmark: Why Copenhagen is a startup city to watch (thenextweb.com)
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