Oberthur Technologies and AuthenTec Team up to Demonstrate Fingerprint-Enabled Access to SIM-Based NFC Services

PRESS RELEASE

Nov. 11, 2011, 12:57 p.m. EST

Joint Development of a New SIM-Based NFC Mobile Services Platform for Fingerprint-Enabled Android Smartphones

NANTERRE, France, Nov 11, 2011 (BUSINESS WIRE) -- --Strong but Effortless Security Enhancing Mobile Payment Experience Will Be Demonstrated at CARTES & IDentifcation 2011

Oberthur Technologies, the world's second largest provider of security and identification solutions and services based on smart card technologies and AuthenTec AUTH +2.91% , a leading provider of security and identity management solutions, have joined forces to create SIM / Universal Integrated Circuit Card (UICC) based designs that make NFC mobile payment via Smartphones faster and more secure. Both companies combined their expertise in SIM/UICC security and fingerprint identity to jointly create easy-to-integrate solutions that enhance the speed and security of mobile payment transactions.

The first fingerprint/NFC demonstration presents Oberthur Technologies' NFC FlyBuy SIM card with NFC SIM Adaptor coupled with AuthenTec's fingerprint scanner in the Motorola Atrix to enable single-gesture, biometrically secured access to mobile contactless services, such as mobile payment, mobile ID, and physical access control.

Oberthur Technologies and AuthenTec worked with INSIDE Secure, a leading provider of NFC technology, to implement control of NFC functions using the fingerprint solution on a FlyBuy NFC SIM card. This easy-to-add yet secure solution will be demonstrated with a mobile payment scenario at the Oberthur Technologies and INSIDE Secure booths at the upcoming CARTES & IDentification 2011 in Paris from November 15-17, 2011.

"Combining AuthenTec's fingerprint authentication with the security features of Oberthur Technologies' SIM-based design increases trust beyond the SIM and the mobile device to establish confidence that only an authorized user is presenting a smartphone for mobile payment," said Cedric Collomb, Cards and Services General Manager, Card Systems Division at Oberthur Technologies. "The AuthenTec-Oberthur Technologies solution, which incorporates INSIDE Secure's NFC chipset, can easily be inserted into smartphones such as the Atrix to quickly add NFC capability. We look forward to bringing similar SIM-based, fingerprint-enabled NFC solutions to the market, since we believe they will be key to a broad adoption of NFC around the world."

"Our collaboration with Oberthur Technologies and INSIDE Secure paves the way for match-on-SIM solutions for smartphones that give greater confidence in the security and protection of NFC mobile payments/applications," said AuthenTec CEO Larry Ciaccia. "Fingerprint has a well established track record as a reliable, easy-to-use form of biometric authentication with over 10 million fingerprint-enabled NFC mobile wallets already in use since 2004. By combining our expertise in fingerprint security with Oberthur Technologies' and INSIDE Secure's expertise in SIM-based and NFC designs, we will give operators and users the option of easy-to-add yet highly secure NFC solutions for smartphones."

"INSIDE Secure views the security and convenience illustrated by the Oberthur Technologies -AuthenTec design as important enablers of widespread adoption for NFC applications," said a high ranking official at INSIDE Secure. "We look forward to our continued collaboration with Oberthur Technologies and AuthenTec on fast and secure add-on solutions for NFC mobile payments."

The demonstration at CARTES will illustrate how quickly yet securely users can make a mobile payment by simply swiping a finger over AuthenTec's smart sensor on a fingerprint-enabled phone such as Motorola's ATRIX. Smartphone users can easily access a credit or debit card of their choice by associating different payment methods with different fingers. This allows them to choose a payment method, authenticate, and activate the selected payment card with a single swipe of a finger, then tap the phone on a terminal to complete the NFC transaction. The Oberthur Technologies-AuthenTec solution helps enable single-gesture payments, making NFC applications more convenient and secure.

Security, speed and convenience are often cited as key criteria for consumer adoption of NFC-capable smartphones, which are forecast to grow to nearly 300 million units worldwide by 2014 according to Juniper Research.

About Oberthur Technologies

Oberthur Technologies is a world leader in the field of secure technologies: systems development, solutions and services for smart cards (payment cards, SIM cards, access cards, NFC...) and for secure identity documents, traditional and electronic (identity card, passport, health care card), production of banknotes, cheques and other fiduciary documents, intelligent systems to secure cash-in-transit and ATM. Oberthur Technologies has 6,800 employees through 40 countries and 65 sites. The Group posted 2010 sales of EUR979M.

Website www.oberthur.com

About AuthenTec

AuthenTec is the world's #1 provider of fingerprint sensors, identity management software, and embedded security solutions. AuthenTec security and identity management solutions address enterprise, consumer and government applications for a growing base of top tier global customers. Already shipped on hundreds of millions of devices, the Company's smart sensor products, software and embedded security solutions are used virtually everywhere, from the PC on your desk to the mobile device in your hand to the server in the cloud. AuthenTec offers developers and users secure and convenient ways to manage today's rapidly evolving digital identities and security needs. For more information, visit www.authentec.com or follow us at twitter.com/authentecnews.

SOURCE: Oberthur Technologies

Near Field Communication Snippets 11/11/11

1. Near Field Persuasion - the case for NFC ‎ Sky News (blog) - 1 hour ago Near Field Communication has been hailed as the Next Big Thing for the mobile phone industry, but the public have so far remained sceptical about the ...

2. RIM wants into the lock business ‎ USA Today - Malin Rising - 2 days ago In a statement released Tuesday, Assa Abloy said the technology, known as Near Field Communication, will be incorporated in smartphones so they can replace ... BlackBerry to unlock doors after deal with Assa Abloy‎ Sydney Morning Herald all 164 news articles »

   CTV.ca

3. PayMate Partners Nokia For Mainstream Deployment Of Near Field ... ‎ VC Circle - 2 days ago Venture capital backed Indian wireless transactions platform provider PayMate, has developed a near field communication (NFC) technology solution that ... Highly Cited: Nokia, PayMate team up to offer NFC technology‎ Times of India ET in the classroom: Technology that will replace credit cards‎ Economic Times Nokia Collaborates With PayMate for NFC Smartphone‎ News Tonight Voice & Data Online - Phone Mantra all 18 news articles »

   Zee News

4. Clavis Technologies and Bizmodeline Sign MoU to Jointly Develop ... ‎ MarketWatch (press release) - 4 days ago Near Field Communications (NFC) allows for simplified transactions, data exchange, and wireless connections between two devices in close proximity to each ...

5. WIMA Announces First NFC Applications, Products and Services... ‎ EON: Enhanced Online News (press release) - 1 day ago MONACO--(EON: Enhanced Online News)--WIMA, the leading global conference and exhibition dedicated to Near Field Communication (NFC) technology, ...

6. Do you want a smart book? ‎ Los Angeles Times (blog) - Oct 28, 2011 NFC-enabled phones use Near Field Communication to communicate with radio frequencies at short range and are often used for purchasing. ... Atria Publishes 'Smart Book' Tagged with an RFID Chip‎ Printing Impressions (press release) Atria Publishes First-Ever Nearfield Communications Enabled "smart ...‎MarketWatch (press release) all 12 news articles »

7. WIMA Announces First NFC Applications, Products and Services... ‎ Business Wire (press release) - 1 day ago MONACO--(BUSINESS WIRE)--WIMA, the leading global conference and exhibition dedicated to Near Field Communication (NFC) technology, announced today that its ... WIMA Announces First NFC Applications, Products and Services ...‎MarketWatch (press release) all 7 news articles »

8. Why Near Field Communications matters so much to the travel industry ‎ Tnooz - Oct 26, 2011 As of late, Google Wallet and Near Field Communications have taken a lot of flak from cynics, naysayers and glass-half-empty types. ... Invasion of the Invisible Wallet‎ Forbes Tapping Spree: How to Spend $100 With Google Wallet‎ AdAge.com NJ Transit Commuters Use Smartphones to Make Purchases‎ Government Technology Marketing Magazine - American Banker (subscription) all 15 news articles »

   Tnooz

9. Instant mobile networking: Smartphones get smarter ‎ InfoWorld - Galen Gruman - 2 hours ago There's been a lot of excitement in some quarters around Google's decision to enable near-field communications (NFC) ...

10. Near Field Communication ‎ Berry Reporter (press release) (blog) - 4 days ago NFC stands for near field communication and is used to easily transfer data from one device to another. It is currently available on the BlackBerry Bold ...

Preparing for Future Payment Systems

Convenience Store Decisions

Howard Riell | Nov 10, 2011 | 0 Comments

First it was PCI, now retailers have to prepare for the widespread launch of Near Field Communications, which is expected to become a widely used system for making payments by smartphone in the U.S.

By Howard Riell, Associate Editor.

The convenience store industry is increasingly turnings its gaze outdoors to the forecourt, not only for innovative marketing to help bring customers indoors, but for more effective ways to secure transactions. While securing transactions isn’t as sexy as splashy outdoor marketing and promotions, its long-term implications for operators must be looked at closely. For example, Visa recently announced plans to accelerate the migration to contact chip and contactless EMV chip technology in the U.S.

The adoption of dual-interface chip technology will help prepare the nation’s payment infrastructure for Near Field Communication (NFC) mobile payments by building the necessary network to accept and process chip transactions. The chip technology should also enhance payment security through the use of dynamic authentication. If payment card data is compromised, a counterfeit card would still be unusable at the point of sale without the presence of the card’s unique elements. Eliminating static authentication reduces the value of stolen cardholder data. Read More

Secure Remote Payment Council Publishes White Paper on Secure eCommerce and Mobile Payments

New White Paper

The Secure Remote Payment Council (SRPc) has announced the publication of a white paper on the work of its Remote Payments Roadmap Task Force. The white paper’s purpose is to improve the non-Face to Face (nF2F) payments infrastructure so that consumer confidence and security can be on par with that of PIN debit POS in the physical world.

To request the 32 page White Paper PDF, please fill in the Contact Us form and the SRPc will deliver it via email.

WESTWOOD, N.J., Nov. 10, 2011 /PRNewswire/ -- The Secure Remote Payment Council (SRPc) today announced the publication of a white paper on the work of its Remote Payments Roadmap Task Force.  The white paper's purpose is to improve the non-Face to Face (nF2F) payments infrastructure so that consumer confidence and security can be on par with that of PIN debit POS in the physical world.

The findings set forth by the task force include:

• Creating a coordinated evolution of the data content and message sets necessary to achieve the level of security targeted by the SRPc and maintaining interoperability between the physical merchant payment environment, the ecommerce payment environment and the evolving mobile payments environment.
• Coordinating the incorporation of the data elements and messages necessary to transport and process the data collected electronically from magnetic stripes, contactless chips and EMV chips in the nF2F processing infrastructure.
• Coordinating member Brands activities that wish to bear risk for transactions.
• Establishing criteria that constitutes security equal to that enjoyed in the physical world by PIN debit POS.

"We are grateful for the work of the task force and encourage all stakeholders to provide comments," said Paul Tomasofsky, president and executive director of the Secure Remote Payment Council. "The SRPc is dedicated to the growth, development, interoperability of all card types as well as market adoption of debit based internet eCommerce and mobile channel payment methods that meet or exceed the security standards for pinned based card-present payments.  The work of the task force in this white paper represents an important step in this direction."

For the SRPc white paper visit:
http://www.SecureRemotePaymentCouncil.org

About the Secure Remote Payment Council
The Secure Remote Payment (SRPc) is a nonprofit, inter-industry trade association that supports the growth, development and market adoption of debit based internet eCommerce and mobile channel payment methods that meet or exceed the security standards for pinned based card present payments.  It will accomplish this by encouraging and supporting those activities that accelerate the implementation, adoption and promotion of these payments.  The SRPc's members include merchants, financial institutions, merchant processors, issuer processors, payment brand companies, payments authentication hardware providers, payments authentication software providers and payments consultants.  For additional information, visitwww.SecureRemotePaymentCouncil.org.

SOURCE Secure Remote Payment Council

China Mobile Payment Market Forecast: Gross Transaction Value of Mobile Payments in China to Rise to $35 Billion in 2015

November 11, 2011 07:20 AM Eastern Time 

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of IE Market Research Corp.'s new report "3Q.2011 China Mobile Payment Market Forecast 2009 - 2015: Gross transaction value of mobile payments in China to rise to $35 billion in 2015" to their offering.

The report is based on Global Consumer Telecommunications Survey-- which covers 50,000 mobile users in 50 markets globally and is the most extensive country-specific forecasts of its kind.China Mobile Payment Market Forecast provides a comprehensive forecast of China's mobile payment market, covering: annual forecasts of mobile payment users; mobile payment transactions by technology (such as NFC, SMS, WAP, USSD); and mobile payment transactions by type of purchase (such as merchandise, digital products, ticketing, mobile money transfers, bill payments, and pre-paid top-ups).

The report also includes a PowerPoint presentation and an audio conference with Menekse Gencer, Independent Contributing Analyst at IEMR, Principal at mPay Connect, and formerly Director of Business Development, Mobile Payments at PayPal.

This report will be useful to:

• Strategists and analysts at mobile phone operators and banks/credit card companies responsible for mobile payment strategy development and business analytics
• Developers of mobile payment systems at handset manufacturers
• Device manufacturers in all areas of the telecommunications market that need strategy recommendations on key trends in the global mobile payment industry
• Financial analysts and portfolio managers covering firms in the mobile payment market
• Consultants advising their clients on mobile payment markets
• Researchers who need to gain a better understanding of the global mobile payment market

Key Topics Covered:

• Series Covered in this Country Forecast, 2009 - 2015
• Mobile Payment Users (millions)
• Mobile Payment Transactions by Technology (millions)
• Mobile Payment Transactions by User Case (millions)
• Gross Transaction Value for Mobile Payments by User Case ($ millions)
• Average Transaction Size of Mobile Payments by User Case ($)

For more information visit http://www.researchandmarkets.com/research/c19005/3q_2011_china_mobi

13% of Identity Theft Victims Lost Identities Purchasing via the Mail and Over The Phone

Cyber Protection on Cyber Monday Isn’t Enough; 13% of Victims Still Lose Identity via Offline Purchases

NORWALK, Conn.--(BUSINESS WIRE)--While Cyber Monday, the online version of Black Friday, is the biggest online shopping day of the year, it is also a time when consumers can be careless and open themselves up to the risk of identity theft. This online shopping bonanza marks the start of the holiday season, and IdentityHawk wants to remind consumers to take precautions to protect their identities online and offline.

“Consumers need to be aware that personal information is compromised in a wide variety of ways – ranging from stolen wallets, mail theft, purchases and financial transactions to computer hacking and large scale data base breaches”

According to Jeff Paradise, executive director of IdentityHawk, “Cyber Monday kicks off the holiday shopping season and the season of being extra vigilant with online identity protection. Identity fraud can be detected online, but it doesn’t necessarily start there.”

Results from the 2011 Identity Fraud Survey Report conducted by Javelin Strategy & Research indicate that of all identity theft victims, 40% had their information misused while making an online purchase, compared to 13% for purchases made over the phone or through the mail.

“Consumers need to be aware that personal information is compromised in a wide variety of ways – ranging from stolen wallets, mail theft, purchases and financial transactions to computer hacking and large scale data base breaches,” explained Karen Barney, director of programs for the Identity Theft Resource Center. “During the holidays it is important to remember to be especially vigilant in safeguarding your personal information.”

In light of Cyber Monday and the start of the holiday shopping season, IdentityHawk provides the following protection tips for staying safe both online and offline.

Offline

1. Keep personal information safe from family and friends and don’t reveal your passwords. According to the 2011 Identity Fraud Survey Report conducted by Javelin Strategy & Research, one in seven cases of identity theft involved someone they personally knew.
2. Don’t toss personal identifying information into trash bins and remember the importance of shredding sensitive documents.
3. Carry only as much identity information as you need when you go out. Make sure your wallet is secured. If you carry a purse, carry one with a zipper. Good old fashioned wallet/purse theft is still a cause of identity theft.

Online

1. Update core protections. Take a few minutes to update your core protections -- anti-virus, anti-spyware, and firewall – before you go online. Make certain they are set to automatically update against new threats.
2. Shop secure sites. Make sure there is a closed padlock on the browser's status bar. Also check to see if the website’s URL address changes to s-http or https when you are asked to provide payment information to make sure the vendor has secured their payment process.
3. Don’t click on the link. If you don’t know the eTailer, check them out for authenticity and credibility. Malicious links are a primary method of inserting Trojans and viruses on personal computers.

Bonus Online and Offline tips

1. Use credit cards for purchases; they have more protections built into them compared to debit cards. Better yet, use a disposable credit card. Many credit card companies now offer cards that you can fill with a limited amount of money. These are a great way to shop online or in stores. If the number is stolen, your original account number is safe.
2. Monitor your accounts. Frequently check your banking and credit accounts - make sure they reflect your activity. This can be easily done online.