VeriFone NFC-Enabled Mobile Solution Wins Prestigious SESAME Award

PRESS RELEASE

Nov. 15, 2011, 3:06 p.m. EST

PAYware Mobile Enterprise Recognized for Securely Enabling Smartphones and Tablets to Accept Both Traditional and Alternative Forms of Payment

PARIS, Nov 15, 2011 (BUSINESS WIRE) -- VeriFone Systems, Inc. PAY -0.45% today announced that it was awarded the prestigious SESAME 2011 award in e-Transactions at the CARTES & IDentification trade show today.

The SESAMES Awards honor the best technological innovations in terms of digital security and smart technology and are the world reference for the payment industry. PAYware Mobile Enterprise is a secure mobile card acceptance solution that integrates with existing in-store POS systems and works with all forms of electronic payment including magnetic stripe, chip and PIN, NFC-enabled handset and contactless cards. The solution also incorporates VeriShield Protect card data encryption and a bar code scanner to provide retailers with a secure solution for mobile POS and other applications.

"Industry analysts expect sales of mobile retail systems based on mobile phones and tablets to surge in the coming years and PAYware Mobile Enterprise is a key element of any merchant's mobile retail strategy," said Paul Rasori, VeriFone senior vice president of marketing. "We are building an infrastructure to securely apply the power of mobile to the world of retail and payments. Our solutions extend new smartphone- and tablet-based shopping and payment experiences to retail organizations."

PAYware Mobile Enterprise is one of several key elements in VeriFone's mobile retail strategy, which includes the recent acquisition of Global Bay Mobile Technologies, which works with retailers across North America, Europe and Asia to increase sales and improve customer satisfaction with mobile applications that leverage existing POS, e-commerce, and traditional store systems. The Global Bay solution, coupled with VeriFone's secure mobile payment technology, offers the retailer an unparalleled, comprehensive and integrated suite of mobile applications that transform the in-store retail experience.

Additional Resources: www.verifone.com/pwm-enterprise

Mercator Advisory Group: Rattling the Value Chain: The Effects of New Regulations on Open-Loop Prepaid Programs

Report Examines Recent Regulatory Changes and Their Effects in the Prepaid Value Chain

Boston, MA -- In new research, Rattling The Value Chain: The Effects of New Regulations on Open-Loop Prepaid Programs, Mercator reviews recent regulatory changes that have shaken up the open-loop prepaid industry. The new regulations have affected all the companies that work together to operate prepaid programs, and this report explores new issues they will face.

The goal of this report is to help prepaid card companies all along the value chain make sense of the new regulatory environment. As Mercator examined existing programs in light of the new regulations, common issues were uncovered as well as others that were specific to different companies involved and the features and functions offered by the programs.

To uncover how the industry can make sense of the new regulatory environment, the report starts with a review of three recent regulatory developments, and then discusses ways in which they might affect the different companies in the prepaid value chain.

Highlights of this report include:

The three recent regulatory actions have shifted the landscape for open-loop prepaid cards.

How these regulatory actions will change the way that the members of the prepaid value chain relate to one another.

The new costs, business model alterations, and restrictions that will come with implementing the rules of the Durbin Amendment.

New requirements, including more reporting and record keeping, resulting from the Financial Crimes Enforcement Network's (FinCEN) final rules.

Steps financial institutions must implement to comply with the OCC guidance.

"This past summer was a rough one for the prepaid industry in terms of regulations affecting open-loop prepaid. The closed-loop side of prepaid has faced its own regulatory troubles with the rules implementing the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009. Now, it is open-loop card companies that need to take time with dense government regulatory documents to determine what to do next," says Ben Jackson, senior analyst of Mercator Advisory Group's Prepaid Advisory Service.

One of five exhibits in this report:

This report is 28 pages long and has five exhibits.

Companies mentioned in this report include: American Express Inc., Billeo, Inc., Green Dot Corp., Mango Financial Inc., and NetSpend Holdings Inc.

Members of Mercator Advisory Group's Prepaid Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.

Please visit us online at www.mercatoradvisorygroup.com.

For more information and media inquiries, please call Mercator Advisory Group's main line: (781) 419-1700, send E-mail toinfo@mercatoradvisorygroup.com.

For free industry news, opinions, research, company information and more visit us atwww.PaymentsJournal.com.

Payair Rolls Out US QR Mobile Payment Services

NEW YORK, November 15, 2011 /PRNewswire/ --

Payair is pleased to announce agreement with an experienced team of business development and technology leaders to serve as the exclusive, branded provider in the United States of Payair's suite of mobile payment solutions.

With PayAir, customers can complete the mobile buying process in less than 10 seconds, by taking just three simple steps: 1) Open the Payair App on your mobile phone and point your camera to a Quick Response (QR) or bar code for automated product identification; 2) Self-check-out and approve your purchase with a secret pin code; and 3) Confirm payment from your debit or credit card of choice.

The Payair application runs on almost all smart phones, including iPhones and Androids. Additionally, Payair is a more secure solution, with a certified process layered with encryption, for a safer shopping experience. Payair's "card in a cloud solution" makes it possible to carry debit and credit cards on your phone without storing sensitive data. For shop owners, Payair offers a "quick to integrate solution" that runs both in physical and e-commerce channels.

"We focus on simplifying and accelerating the checkout process. Payair has demonstrated that it can improve  and customize the shopping experience - saving both the customer and merchant time and money - across a wide variety of shopping experiences. With Payair's proven, powerful solutions now achieving global recognition, this is the right time to bring Payair to the US market. We are confident that we have formed the right strategic alliances in the United States to make this happen" - said Staffan Ljung, CEO, Payair.

Payair has been "live" since 2010. Thousands of users have signed up to use and benefit from Payair technology. Launched in partnership with Scandinavia's and the Baltic's leading merchant bank, Swedbank, Payair continues to add significant new customers daily. Just a month ago, Payair acquired its first $100+ Million retail merchant, Webhallen, and empowered Webhallen customers to purchase electronic and other products with mobile phones.

"Payair US is excited to introduce Payair solutions into the United States. Feedback from existing customers and merchants has been overwhelmingly positive. Payair's banking community and retail industry partners have recognized the value-add created by Payair technology, working within existing transaction and financial systems, to reduce expenses, increase margins, retain existing customers and acquire new ones. We expect Payair to quickly become a US industry leading provider of mobile payment solutions" - said Solon Kandel, CEO, Payair US.

About Payair

Payair is a mobile payment services innovator and industry leader, offering breakthrough technology for a superior shopping experience. Payair provides smart phone users with a free, downloadable App to quickly, conveniently and more securely buy products and services from the Internet, as well as in retail, restaurant, entertainment and other shopping environments. In as little as 10 seconds, customers can put an item in their shopping cart, self-check-out and pay with their preferred credit or debit card. Payair's proprietary architecture is more secure, with multiple layers of encryption and sensitive data stored away from the phone. Also, since Payair technology operates independent of the merchant's business platform, merchants can commercially implement the Payair payment system in as little as two days, without expensive new hardware. For more information:http://www.payair.com

Payair US is the exclusive United States branded provider of Payair mobile phone payment technology and its suite of solutions. For more information on how your business or customers can enjoy the benefits of Payair in the US, please contact us: info-US@payair.com.

SOURCE Payair AB

INSIDE Secure Innovation Adds NFC Functionality to Legacy Mobile Phones Using SIM Card

November 15, 2011 06:00 AM Eastern Time 

Breakthrough Technology Enables Small Antenna, High Performance NFC Solutions for Mobile Phones

CARTES & IDentification 2011

Booth 4L 022 in Hall 4

PARIS--(BUSINESS WIRE)--INSIDE Secure today announced a major technology innovation that allows an NFC card emulation solution to fit into a standard SIM card form factor and still achieve industry-standard 4cm proximity transaction performance. The INSIDE technology innovation is able to achieve this groundbreaking performance even when operating from inside a mobile phone by significantly reducing the effects of the metals and electrical noise typically found within these devices.

“This breakthrough technology provides a means of bringing NFC services to markets that might otherwise not be immediately reachable through smart phone sales, such as in Brazil, India and African countries, or for any market with a large installed base of legacy mobile phones.”

The patented INSIDE core technology is part of an initiative that will allow the company to bring multiple new NFC products to market in 2012 and 2013, both directly and with key strategic partners. This core technology creates significant improvements over conventional NFC core technology, enabling 4cm or greater contactless read distance in a mobile device with an antenna footprint of less than 1cm2. A technology demonstration is being presented for the first time during the CARTES & IDentification 2011 conference and exhibition being held here this week.

“INSIDE Secure is again demonstrating its leadership in the NFC market by providing a core enabling technology that will enable multiple new end products in SIM and microSD form-factors for use in legacy mobile devices, accelerating the adoption of NFC card emulation use cases within the currently deployed mobile phone market,” said Charles Walton, chief operating officer at INSIDE Secure. “This breakthrough technology provides a means of bringing NFC services to markets that might otherwise not be immediately reachable through smart phone sales, such as in Brazil, India and African countries, or for any market with a large installed base of legacy mobile phones.”

For the demonstration, a standard SIM card containing the INSIDE core technology chip, a secure element and an antenna that measures a scant 5 x 10 mm will be inserted into the SIM slots of selected legacy phones from leading handset makers. These mobile devices will then be used to demonstrate NFC contactless transaction performance with a reader device. Despite the antenna’s diminutive size, the phones containing the INSIDE solution will able to communicate with contactless readers, just like standard ISO 14443 contactless smart cards used in U.S. contactless payment deployments.

While the demonstration at CARTES utilizes a SIM card, the INSIDE Secure core technology may be embedded into other form-factor devices and integrated with other mobile device components.

“Until now, no one has been able to place a complete NFC solution, including antenna, into a SIM card, insert it into a mobile phone and have it perform well,” said Bruno Charrat, chief innovation officer, at INSIDE Secure. “The patented INSIDE innovation enables the creation of new products with very small antennas, less than one square centimeter, making feasible the commercial introduction of NFC enablement products using the SIM form factor as well as other inserted or embedded solutions.”

The potential market for products based on the patented INSIDE core technology is substantial. Many market analysts believe the total number of mobile phones in use worldwide is fast approaching six billion.

Commercial products based on this INSIDE core technology are expected to be available in the latter part of 2012. INSIDE will be starting discussions with prospective product partners during CARTES this week, and will be extending a partnership program structure in the new year. As products based on this INSIDE technology are launched and used in feature phones and smartphones, developers will be able to create applications that provide an interactive exchange between the user and an NFC payment or other application.

INSIDE is demonstrating this NFC innovation in booth 4L 022 in Hall 4 of the Paris Nord Villepinte Exhibition Center during the CARTES & IDentification 2011 conference and exhibition.

About INSIDE Secure

INSIDE Secure is a leading designer, developer and supplier of semiconductors, embedded software and platforms for secure transactions and digital security. INSIDE mobile NFC, secure payment and digital security products provide security for a wide range of information processing, storage and transmission applications. The company’s customers are found in a wide range of markets including mobile payment, identification documents, access control, transit, electronic device manufacturing, pay television and mobile service operators. For more information, visit www.insidesecure.com.

HID Global’s World Class iCLASS SE™ and Secure Identity Object Technology Wins Prestigious SESAME Award at CARTES 2011

November 15, 2011 02:01 AM Eastern Time 

Industry’s First Platform for Embedding Secure Identities into NFC Smartphones and other Devices is Recognized as Industry’s Most Innovative Solution of The Year

CARTES & IDentification 2011

PARIS--(BUSINESS WIRE)--HID Global, trusted leader in solutions for the delivery of secure identity, today announced itsSecure Identity Object™ (SIO) technology has won a CARTES & IDentification 2011 SESAME award for the most innovative solution of the year. The company’s SIO technology operates within the Trusted Identity Platform® (TIP™) that enables digital credentials to be securely embedded into a variety of trusted devices, including Near Field Communications (NFC) mobile phones and related devices. To accommodate evolving security challenges, SIO technology also provides users with the ability to dynamically increase security levels via simple firmware updates to efficiently address future changes in requirements as they occur.

“This recognition further validates our industry-leading Secure Identity Object technology and our Trusted Identity Platform, along with HID Global’s ability to deliver what organizations are seeking today with NFC fueling new ways of thinking about secure identity.”

“HID Global is extremely honored to have been chosen by the SESAME awards committee for this distinctive award,” said Denis Hébert, president and CEO with HID Global. “This recognition further validates our industry-leading Secure Identity Object technology and our Trusted Identity Platform, along with HID Global’s ability to deliver what organizations are seeking today with NFC fueling new ways of thinking about secure identity.”

The company’s SIO technology entry was one of 317 SESAME award submissions received from leading manufacturers, integrators and developers in the card industry worldwide. In its 16^th consecutive year, the SESAME awards represent an unchallenged seal of approval in innovation and are regarded as the global standard for card manufacturers and related industries.

HID Global is demonstrating its SIO technology at CARTES & IDentification 2011 in Hall 3, Stand F002 at the Paris Nord Villepinte Exhibition Center from 15th November to 17th, 2011.

Technical Details

HID Global's SIO technology on the credential side and the SIO Processor™ on the reader side perform similar functions to traditional cards and readers, except they use a standards-based, technology-independent and flexible identity data structure that provides a new level of security, portability and performance. SIO digital credentials operate within HID Global's Trusted Identity Platform (TIP) framework, which is designed to support a secure and trusted boundary for cryptographic key delivery in SIO technology-based applications.

The TIP framework facilitates secure provisioning of SIO digital credentials on a variety of credential platforms, including mobile devices, no matter where users are located or how they are connected. SIO digital credentials also support data authenticity and privacy while inhibiting data cloning. These SIO digital credentials features enable the SIO-enabled platform to improve security in traditional card and reader applications while enabling new market opportunities for carrying secure portable credentials on NFC smart phones and other devices.

About HID Global

HID Global is the trusted source for secure identity solution for millions of customers around the world. Recognized for robust quality, innovative designs and industry leadership, HID Global is the supplier of choice for OEMs, system integrators, and application developers serving a variety of markets. These markets include physical and logical access control, including strong authentication and credential management; card printing and personalization; highly secure government ID; and identification technologies used in animal ID and industry and logistics applications. The company's primary brands include HID®, ActivIdentity®, FARGO®, and LaserCard®. Headquartered in Irvine, California, HID Global has over 2,100 employees worldwide and operates international offices that support more than 100 countries. HID Global is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.

INSIDE Secure Wins Sesames Innovation Award for Best Application for Transit

November 15, 2011 05:00 AM Eastern Time 

Innovative Application Accelerates Data Exchange for Transit Fare Collection

CARTES & IDentification 2011

PARIS--(BUSINESS WIRE)--CARTES & IDENTIFICATION 2011 -- INSIDE Secure, a leader in semiconductor solutions for secure transactions and digital identity, has again received a prestigious SESAMES Innovation Award in the Transit and ID Application category for its Very High Bit Rate (VHBR) data transfer acceleration application. More than tripling the typical speed of information exchange, INSIDE’s VHBR application was awarded CARTES’ widely recognized seal of approval by a panel of experts because it represents a low-power, high-performance breakthrough in downloading data and photos for user authentication. The VHBR application has wide applicability in transit fare collection, pay TV, government ID, and other environments that require rapid authentication or authentication via an image.

“Low power combined with advanced security measures deliver a powerful technical advantage for customers who require robust protection for identity credentials”

“The INSIDE Secure VHBR application has a tremendous potential to increase the level of security and speed of authentication schemes,” said Rémy de Tonnac, CEO of INSIDE Secure. “Transit agencies will be able to greatly reduce passenger boarding time, further enhance system security, and reduce fraud through the VHBR application. We thank the panel of judges for honoring us with this award and for recognizing the potential customer benefits that our VHBR application will enable.”

The INSIDE Secure VHBR application is based on software and an 8/16-bit RISC secure microcontroller. Embedded in a card, when presented to a contactless reader device, the application downloads data and/or photo images from the card to the reader device for authentication. The reader communicates with a database to authenticate the user. The INSIDE VHBR application accelerates data transfer rates up to 64 times faster than basic bit rate—up to 6.8 Mb/s (30 ms) instead of the typical 1.2 Mb/s (100 ms) targeted by traditional transit and ID systems.

“Low power combined with advanced security measures deliver a powerful technical advantage for customers who require robust protection for identity credentials,” said Jean Pierre Enguent, product manager, senior expert contactless technologies for INSIDE Secure. “As contactless solutions are increasingly required across multiple market segments, the VHBR application provides outstanding value for functionality delivered.”

The application’s high-performance, 8-/16-bit secure microcontroller includes 208 kbytes ROM and 18 kbytes EEPROM. Advanced security features, such as RNG (Random Number Generator), "out of bounds" detectors, side channel attack countermeasures, and hardware DES/TDES with a 32-bit cryptographic accelerator enable the VHBR application to meet EMVCo and Common Criteria EAL5+ targets. Data rates available within the ISO 14443 standard range from 106 Kb/s to 848 Kb/s, compliant with new amendment on progress for VHBR (6,8 Mb/s from card to reader).

The application is currently being piloted with INSIDE customers.

Two New Fujitsu NFC-enabled Mobile Phones from NTT DOCOMO Leverage Touch-powered Features from AuthenTec

Image via Wikipedia

November 15, 2011 08:27 AM Eastern Time 

- docomo STYLE series F-02D and F-04D Phones Integrate AuthenTec AES1750 Smart Sensor for Convenient Security, Faster and More Secure NFC Transactions and Enhanced Personalization

MELBOURNE, Fla.--(BUSINESS WIRE)--AuthenTec (NASDAQ: AUTH), a leading provider of mobile and network security, announced that two new waterproof phones now available from NTT DOCOMO, INC leverage multiple touch-powered features of AuthenTec’s AES1750 smart fingerprint sensor. The two new Fujitsu phones -- the docomo STYLE series F-02D and F-04D -- integrate a waterproof AES1750 smart sensor that utilizes AuthenTec’s durable TouchStone™ packaging for touch-powered features including convenient fingerprint security, user personalization and faster, more secure NFC-based mobile wallet payments.

“AuthenTec’s smart sensor is particularly important in enhancing the speed and security of Osaifu-Keitai mobile wallet payments for a host of products and services at a growing number of NFC locations.”

The AES1750 smart sensor enhances touch-powered features of these mobile phones by giving users the ability to quickly and securely lock and unlock the phone with the simple swipe of a finger and personalize certain functions of these waterproof mobile phones. Mobile wallet purchases can also be authenticated by using the AES1750, enhancing the security of mobile commerce (m-commerce) transactions made via the phones. NTT DOCOMO has more than 500,000 Osaifu-Keitai™ payment terminals in Japan which now accept payment via NFC-enabled mobile phones, with terminal locations at many retail chains, convenience stores, restaurants, subway terminals and vending machines. AuthenTec’s AES1750 sensor combines multiple touch-powered functions in an elegant, one-half millimeter thickness, yet highly durable package that is easy to integrate in mobile phones, tablets, remote controls, GPS navigation devices and other electronic products.

“We are pleased to add two new fingerprint-enabled mobile phones to our November lineup and appreciate a teammate like AuthenTec who brings proven biometric and security expertise to our mobile phone offering,” said Katsumi Takada, head of the Mobile Phone Group of Fujitsu. “AuthenTec’s smart sensor is particularly important in enhancing the speed and security of Osaifu-Keitai mobile wallet payments for a host of products and services at a growing number of NFC locations.”

“Fujitsu and NTT DOCOMO have further expanded their lineup of new AuthenTec-enabled mobile phones, and we are very pleased to build on our longtime relationship with these pioneers in NFC mobile commerce,” said Art Stewart, AuthenTec Vice President of Smart Sensor Solutions. “Our AES1750 smart sensor has been a popular choice for innovative smartphone designs because of the security, navigation, personalization and convenience it adds for mobile phone users.”

The docomo STYLE series F-02D is an all-in-one high-spec waterproof feature phone incorporates a 16.3-megapixel camera featuring Art Movie mode and is based on a smart design that facilitates quick, smooth operation. The docomo STYLE series F-04D is a durable but slim (10.9mm) feature phone with powerful CPU, a super-tough body with a carbon fiber/titanium front and scratch-resistant coating in back. AuthenTec’s AES1750 is incorporated on the back of the phone for quick fingerprint authentication by the phones’ users. 30 Fujitsu phone models have incorporated AuthenTec fingerprint sensors, encompassing many millions of mobile phones beginning with the first model, the mova F505i, which began shipping in 2003.

AuthenTec offers complete security solutions for handset makers, mobile operators, and rich content providers, including fingerprint sensor hardware, identity management software and embedded security. The Company has shipped more than 15 million fingerprint sensors for use in mobile devices. AuthenTec’s proven embedded security offering includes its DRM Fusion™ Agent for content protection that supports multiple industry standards, and its QuickSec™ Mobile VPN solution tailored specifically for Android and iOS phones and tablets.

Osaifu-Keitai is a trademark or a registered trademark of NTT DOCOMO, INC. in Japan and other countries.

About AuthenTec

AuthenTec 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 authentec.com or follow us at twitter.com/authentecnews.

Gemalto Presents a Large Range of Solutions for Mobile Financial Services at CARTES & IDentification 2011

November 15, 2011 01:00 AM Eastern Time 

CARTES & IDentification 2011

PARIS--(BUSINESS WIRE)--Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is showcasing a large range of solutions for Mobile Financial Services (MFS) at CARTES & IDentification 2011. The collection of Gemalto software applications, secure devices and services are designed to provide financial institutions and mobile network operators with an end-to-end approach to deploying new consumer services with secure and flexible access anytime, anywhere. Gemalto specifically developed the “Enter the Mobile Financial Services Experience” hands-on demo lab for visitors to try out these applications at the CARTES & IDentification show.

Mobile handset penetration continues to rise exponentially with 5.4 billion handsets expected to be in circulation by 2015, and ever increasing sophistication in mobile apps to meet new consumer demands. The mobile phone is also emerging as a key tool for bringing financial services to some 2.5 billion adults today considered ‘financially excluded’ especially in developing nations. A recent Gartner report positions money transfer and mobile payment among the top 10 mobile applications in 2012.

Discover Gemalto’s Mobile Financial Services offers:

Mobile Money: utilizing a mobile wallet, the solution enables users to securely transfer money, pay bills and make purchases from selected merchants, as well as top-up airtime. With Mobile Money, mobile subscribers with limited or no access to retail banking services can manage their income and payments securely, helping them build healthy and stable economic lifestyles.

Mobile Banking: enabling secure access to banking services, anytime and anywhere, with an optimized user experience over any mobile device. Users can receive notifications and alerts, pay bills, transfer money, apply for credit, deposit checks, withdraw cash from ATMs and manage their bank accounts.

Mobile Payment: enabling secure remote and proximity payments for digital or physical goods and services, whether in-store or online, using the mobile device. A seamless payment experience allows customers to tap to pay or check-out with a single click, while delivering value-added-services beyond the transaction, such as promotional offers or loyalty programs. The offer also extends to the Netsize App Store Billing solution, bringing secure and convenient payment to mobile subscribers for buying apps and digital content, on many of today’s leading handsets.

Mobile NFC and TSM Services: delivering value-added Near-Field Communication (NFC) services thanks to the mobile handset being a contactless device. NFC functionality enables convenient interactions with the physical world, taking consumer applications like payment, ticketing, couponing and loyalty programs to a whole new level of easy engagement. Behind the scenes, the Trusted Service Manager (TSM) ensures that sensitive data, user credentials and software applications are handled and provisioned with unmatched security protection and seamless service delivery.

Gemalto will be present at the CARTES & IDentification show, Hall 3 of Paris Nord Villepinte Exhibition Center in France, from November 15th to 17th, 2011. Netsize representatives will be available at the Gemalto stand to discuss your specific needs.

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.

Gemalto is at the heart of our evolving digital society. Billions of people worldwide increasingly want the freedom to communicate, travel, shop, bank, entertain, and work—anytime, anywhere, in ways that are convenient, enjoyable and secure. Gemalto delivers on the growing demands for personal mobile services, identity protection, payment security, authenticated online services, cloud computing access, modern transportation, e-healthcare and e-government services. Gemalto does this by providing secure software, a wide range of secure personal devices, and managed services to wireless operators, banks, enterprises and government agencies.

Gemalto is the world leader for electronic passports and identity cards, two-factor authentication devices for online protection, smart credit/debit and contactless payment cards, as well as subscriber identification modules (SIM) and universal integrated circuit cards (UICC) in mobile phones. Also, in the emerging machine-to-machine applications Gemalto is a leading supplier of wireless modules and machine identification modules (MIM). To operate these solutions and remotely manage the software and confidential data contained in the secure devices Gemalto also provides server platforms, consulting, training, and managed services to help its customers achieve their goals.

As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the Company is poised to thrive over the coming years.

For more information visit www.gemalto.com, www.justaskgemalto.com, blog.gemalto.com, or follow @gemalto on Twitter.

Gemalto Receives A New Innovation Award

November 15, 2011 01:00 AM Eastern Time 

Just4YourEyes^TM applauded for convenient and portable cloud computing security

CARTES & IDentification 2011

PARIS--(BUSINESS WIRE)--Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced it has won the IT Security Sesames award for Just4YourEyes™. The winning innovation was distinguished at the 2011 CARTES & IDentification industry fair and is being showcased on the Gemalto booth, Hall 3, entrance.

“This Sesames award recognizes Gemalto’s expertise in securing cloud computing for enterprise applications”

“This Sesames award recognizes Gemalto’s expertise in securing cloud computing for enterprise applications,” commented Tan Teck-Lee, Chief Innovation and Technology Officer. “Gemalto’s secure cloud services meet the increasing need to access corporate content on-the-go, while easing digital rights and identities management.”

Just4YourEyes™

Just4YourEyes is a first-of-its-kind software solution which enhances secure access to emails from a variety of devices, including tablets, smartphones or laptops, using the cloud for securely sharing a common credential. The solution allows for any mobile device or a secure element (such as a UICC or secure memory card) in that device, to act as a single repository to store the PKI credentials required to encrypt or sign emails. Those credentials can be accessed remotely by the email client, native or web-based, via a secure cloud service, removing the need to store secret keys on multiple devices. Just4YourEyes is the first and only solution to enable nomadic access to email securely from multiple terminals leveraging a single credential source across cloud access. This unique model is a pioneering key milestone towards a truly secure cloud-based eco-system.

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.

Gemalto is at the heart of our evolving digital society. Billions of people worldwide increasingly want the freedom to communicate, travel, shop, bank, entertain, and work—anytime, anywhere, in ways that are convenient, enjoyable and secure. Gemalto delivers on the growing demands for personal mobile services, identity protection, payment security, authenticated online services, cloud computing access, modern transportation, e-healthcare and e-government services. Gemalto does this by providing secure software, a wide range of secure personal devices, and managed services to wireless operators, banks, enterprises and government agencies.

Gemalto is the world leader for electronic passports and identity cards, two-factor authentication devices for online protection, smart credit/debit and contactless payment cards, as well as subscriber identification modules (SIM) and universal integrated circuit cards (UICC) in mobile phones. Also, in the emerging machine-to-machine applications Gemalto is a leading supplier of wireless modules and machine identification modules (MIM). To operate these solutions and remotely manage the software and confidential data contained in the secure devices Gemalto also provides server platforms, consulting, training, and managed services to help its customers achieve their goals.

As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the Company is poised to thrive over the coming years.

For more information visit www.gemalto.com, www.justaskgemalto.com, blog.gemalto.com, or follow @gemalto on Twitter.

Chase Paymentech Helps Protect Retailers against Online Payment Fraud

November 15, 2011 08:45 AM Eastern Time 

Launch of Safetech Fraud Tools in Europe Delivers New Option for Minimizing Lost Sales and Combating Fraud

DUBLIN--(BUSINESS WIRE)--Chase Paymentech, a leading merchant acquirer and payment processor, today announced the launch of its Safetech ^SM Fraud Tools in Europe to help protect merchants from online payment fraud. Available to Chase Paymentech Europe customer-not-present (CNP) retail customers, Safetech Fraud Tools are designed to help online retailers retain legitimate sales while preventing fraudulent transactions.

“The greater the volume of sales you handle when your customer is not present at the point of sale, the greater you may be exposed to fraud. As your online business grows so will your appeal to fraudsters”

According to research recently conducted by Chase Paymentech, 62% of mid-sized and large companies that handle customer-not-present (CNP) payments lost money through fraudulent transactions during the past twelve months, costing each company an average of £1.2 million*. Despite the scale of online fraud however, only 12% of companies use a dedicated fraud management system to protect themselves and most companies surveyed still carry out manual checks on possible fraud activity.

“The greater the volume of sales you handle when your customer is not present at the point of sale, the greater you may be exposed to fraud. As your online business grows so will your appeal to fraudsters,” said Shane Fitzpatrick, managing director at Chase Paymentech Europe. “There is no magic solution to safeguard online merchants against the risk of fraud. Rather, merchants must develop an attitude towards risk and fraud based on their own business model and appetite towards risk. Merchants should seek expert advice to decide what tools are required to best mitigate their risk exposure. Safetech Fraud Tools provides merchants with innovative technology to help merchants fight the battle against on-line fraud.”

Safetech Fraud Tools are an innovate suite of security solutions designed specifically to combat fraud. The solution offers merchants a real-time and automated fraud screening service. Safetech Fraud Tools provide a fraud score with each payment transaction to indicate the level of risk associated with it. Safetech Fraud Tools also includes continuous transaction monitoring, a customisable rules engine and advanced fraud detection technologies.

Safetech Fraud Tools have been available in the United States since January 2011. Merchants that utilise Safetech Fraud Tools have seen chargebacks reduced by 30 to 50 percent. Some have achieved increases in their top-line revenues, while others have streamlined their fraud operations. One top Internet retailer using Safetech Fraud Tools has consolidated its fraud review program to a single full-time employee managing fraud on more than 25,000 orders per day.

“Chase Paymentech is wise to bring together these much needed solutions to their merchants,” said Carol Coye Benson, managing partner at Glenbrook Partners. “We now live in a world where managing risks associated with payment fraud is part of the daily routine for merchants everywhere. By closely integrating these tools with the payment processing work streams, the Safetech approach makes the process more efficient.”

How Does it Work?

Before a transaction is completed, Safetech Fraud Tools determine the location and device identification of the customer via custom scripts run on the retailer’s online payment page. Once the consumer completes the purchase, all data is sent to Chase Paymentech with the authorisation request. Chase Paymentech then sends the authorisation request to the payment brands and receives a response that includes approval or decline, as well as Address Verification Service response data. This data is routed through Chase Paymentech’s Risk Inquiry System for analysis, checked against custom rules implemented by the retailer, and a fraud score is calculated and returned with the authorisation response. The retailer then chooses to accept or decline the transaction.

Safetech Fraud Tools represent a powerful Software-as-a-Service (SaaS) based application, including multi-layer device fingerprinting, proxy piercing, dynamic order linking, dynamic risk scoring, custom rules management and auto-decisioning. These applications provide a unique solution that can dramatically enhance a merchant’s risk management performance. Safetech Fraud Tools can be used effectively regardless of currency and payment method, simplifying the cost and complexity of merchant’s global fraud management initiatives.

Chase Paymentech Launches 6th Annual Cyber Holiday Pulse Index

November 15, 2011 09:00 AM Eastern Time 

Data Provides Insight into Consumer Online Shopping Trends through the Holidays, including Black Friday and Cyber Monday; Online Sales Up 25% Year-over-Year

DALLAS--(BUSINESS WIRE)--Chase Paymentech, a leading merchant acquirer and payment processor, today launched the sixth annual edition of the Cyber Holiday Pulse Index. The Pulse Index provides an inside look at consumer online shopping trends for the key shopping days Black Friday and Cyber Monday and throughout the holiday shopping season.

“Forrester expects to see 2011 U.S. online holiday sales grow 15% over 2010.”

The Index presents aggregated daily payment processing activity for 50 of the leading U.S. online retailers— measuring payment transactions, dollar volume and average ticket value— giving an almost real-time snapshot of year-over-year ecommerce growth. The data is taken directly from Chase Paymentech’s market leading processing platform and updated every business day.

With Black Friday and Cyber Monday nearly two weeks away, it appears that ecommerce shoppers are not waiting around. Pulse Index data for the first two weeks of November is showing strong year-over-year growth, with online sales up over 25 percent. Average ticket value, however, appears to be continuing a downward trend for the fourth straight year, currently down over 9 percent. 2011 has been a good year so far for online retailers, and the Pulse Index will track if they can sustain or even improve that momentum in the next several weeks.

By analyzing the actual payment activity for 50 top ecommerce retailers, the Pulse Index is a valuable tool for spotting several key online shopping trends. For example, the index has demonstrated a trend toward smaller average ticket values over the past few years. While it’s clear that the recession drove that trend for a couple of seasons, last year the data was able to link smaller tickets to the growing demand for digital media such as music and, more recently, ebooks.

Will Online Holiday Shopping Live Up to Expectations in 2011?

2011 has been a banner year for ecommerce so far. The U.S. Department of Commerce estimated that online sales grew by over 17% in the first half of the year. As ecommerce continues to grow in importance as a retail channel, its significance during the critical holiday shopping season has also been steadily rising.

“Our Pulse data shows that many ecommerce merchants realize as much as 30-40% of annualized sales volumes during the last two months of the year," said Mike Duffy, president of Chase Paymentech. "With increased promotional activity, expanded markets for digital products, and the potential of mobile shopping, 2011 promises to be the most exciting holiday online shopping season yet. The Pulse Index will help ecommerce businesses monitor the health of the market throughout the season."

Sucharita Mulpuru, Vice President and Principal Analyst at Forrester Research, added “Online sales growth continues to rise by strong double digits as the drivers of adoption and wallet shift remain the same: convenience, price, selection, and overall value." As a result, "Forrester expects to see 2011 U.S. online holiday sales grow 15% over 2010."

Black Friday, Cyber Monday, and Beyond

Pulse Index data has also shown that Cyber Monday is not a myth – it has been the single largest shopping day of the year in recent years, but only by a slight margin. While Cyber Monday is important, the Pulse data has consistently demonstrated that online shopping activity continues to be very strong over the weeks that follow, and that merchants should be planning for near peak levels of demand throughout the season.

The Pulse Index also identified a trend indicating that more consumers are shopping earlier in the holiday season, even before Black Friday and Cyber Monday. Black Friday has been a brick and mortar phenomenon for years, but ecommerce may be changing the rules, allowing consumers to take advantage of deals before the stores open.

Online Shopping Statistics - Updated Every Business Day

The Pulse Index is updated with online shopping statistics every business day throughout the holiday period, from Nov. 1 through Jan. 6. Insights, analysis and commentary will be provided weekly online. For more information and to see the Pulse Index in action, go to http://pulse.chasepaymentech.com.