Thursday, September 1, 2011

ING Belgium Secures eBanking for Nearly One Million Customers with Gemalto’s Ezio End-to-End Authentication Solution


September 01, 2011 01:00 AM Eastern Daylight Time 
AMSTERDAM--(BUSINESS WIRE)--Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that ING Belgium is deploying its Ezio suite of end-to-end strong authentication solutions to deliver increased security to circa one million online banking customers. The Ezio solution builds on Gemalto’s strong authentication platform, security software and Ezio devices to deliver enhanced eBanking protection. Gemalto also provided a full set of complementary services including server integration, packaging and direct delivery of the Ezio Classic card readers to ING Belgium customers anywhere in the world.
“With the end-to-end software and service solution, Gemalto ensured ING Belgium a complete implementation.”
The Ezio Classic reader makes use of the smart banking cards that the ING customers already have, to easily generate a One-Time-Password for secure access to their bank account online as well as signing online transactions. This way, ING Belgium fully complies with the strict Belgian regulation for online security and pro-actively keeps its online security in line with the ever evolving online threat levels. At the same time, it provides ING’s customers with an easier way to start banking online and the possibility to bank from anywhere from any device with an Internet connection.
“We have selected the flexibility and scalability of Gemalto’s Ezio server, because it can easily support multiple strong authentication devices, and expand into the mobile phone and optical reader technology,” said Quinten Fraai, General Manager, Direct Channels, ING Belgium.
“This is an important success which also embodies our vision to deliver convenience for online consumers without compromising security,” added Philippe Regniers, eBanking Sales Vice President at Gemalto. “With the end-to-end software and service solution, Gemalto ensured ING Belgium a complete implementation.”
ING Belgium is a subsidiary of ING Group, a global financial institution serving more than 85 million customers worldwide. Both the Ezio reader and server are compliant with the MasterCard Chip Authentication Program and Visa Dynamic Passcode Authentication standards. They also conform to R4-EMV, the EMV standard implementation in Belgium.
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.

Contacts

Gemalto:
Peggy Edoire
Europe, Middle East & Africa
+33 4 42 36 45 40
peggy.edoire@gemalto.com
or
Jessi Marshall
North America
+1 512 257 3902
jessi.marshall@gemalto.com
or
Yvonne Lim
Asia Pacific
+65 6317 3730
yvonne.lim@gemalto.com
or
Ernesto Haikewitsch
Latin America
+55 11 51 05 92 20
ernesto.haikewitsch@gemalto.com

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Revolving Declines Steepest for Millennials, Says Auriemma Consulting Group


August 31, 2011 04:57 PM Eastern Daylight Time 

NEW YORK--(BUSINESS WIRE)--U.S. consumers continue to whittle away at their credit card debts according to a recent survey by Cardbeat®, a syndicated monthly publication of Auriemma Consulting Group (ACG). Overall, survey respondents report that they are using debit more often than credit cards, and fewer are carrying balances. However, a closer look shows that changes in behavior are primarily concentrated among the young, while Baby Boomers have made relatively modest adjustments.
“Millennials have turned away from credit cards in droves since the recession began, and it’s not clear to what extent they will come back when conditions improve”
The most recent statistics from the Federal Reserve confirm the extent of this deleveraging of the American credit card holder. Although the downward trajectory has slowed, revolving balances are still 9.5% lower than they were at their peak in the 4th quarter of 2008. Also, while a good portion of that $183 billion decline was due to charge-offs of bad debt, recent data released by credit bureau giant TransUnion indicates that consumers are also adding new charges.
Tracking survey results from Cardbeat shows that younger consumers have made the biggest change in behavior. In 2007, 36% of Baby Boomers said that they “frequently” carried a balance on their credit cards. That percentage was unchanged in 2009; in the most recent survey in June 2011, it had declined slightly to 31%. In contrast, Millennials, born in the 80s and 90s, changed rapidly over the same 4-year period. In 2007, 44% of the youngest cardholders said they frequently carried a balance, dropping to 34% in 2009 and 26% in 2011.
True to their position as the in-betweeners, Generation X respondents, currently in their late thirties and early forties, took the middle path. The majority of them, 53%, said in 2007 that they frequently carried a balance, and declined only slightly to 51% in 2009. Since then, the proportion of frequent revolvers has declined to 35%.
Millennials are also the most frequent and loyal users of debit cards, favoring them in part because of a fear of falling into debt. “Millennials have turned away from credit cards in droves since the recession began, and it’s not clear to what extent they will come back when conditions improve”, says Dr. Patricia Sahm, Managing Director at ACG. “Many have been scarred by seeing friends or family struggle with unmanageable debt loads, and view credit as dangerous rather than helpful.” On the other hand, this cohort is also keenly interested in deals and added-value offers, she notes. “While they are less likely than older consumers to hold a special-value card, Millennials who do have a card that gives rewards for usage are particularly likely to use it frequently”, Sahm notes. Furthermore, with the likely introduction, post-Durbin, of new fees on debit cards, credit card issuers that offer relevant rewards may get a warmer reception from wary young consumers.
Cardbeat research data was gathered using a web-based survey administered to 502 credit card users in the U.S. during the month of June 2011. The number of interviews completed on a monthly basis is sufficient to allow for statistical significance testing between sub-groups at the 95% confidence level ±5%.
About Auriemma Consulting Group
Auriemma Consulting Group (ACG) is a full-service management consulting firm serving the payments and lending industries since 1984. Cardbeat is ACG’s syndicated market research study of credit card holders, conducted monthly in the U.S. and quarterly in the U.K. ACG also conducts research in the debit and prepaid space, and publishes a quarterly report known as The Debit Report. With offices in New York and London, ACG consultants are experienced practitioners drawn from the credit card, private label, auto finance, mortgage, and retail banking industries that we serve. For more information, contact Dr. Patricia A. Sahm at 212-323-7000 or patricia.sahm@acg.net.
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PaymentOne Partners with Telefónica Germany for Direct Mobile Payments


August 31, 2011 09:47 AM Eastern Daylight Time 
International collaboration enables global merchants to accept payments for digital, virtual and physical goods
SAN JOSE, Calif.--(BUSINESS WIRE)--PaymentOne Corporation®, the pioneer in frictionless payment and carrier billing solutions, today announced a direct carrier billing relationship with Telefónica Germany. Telefónica Germany is part of Telefónica SA, a leading provider of broadband and mobile services and the second largest carrier group in the world. The mpass system -- driven by Telefónica Germany, Telekom and Vodafone -- enables merchants to accept direct carrier billed payments for virtual, digital and physical goods.
“PaymentOne’s agreement with Telefónica Germany further expands our direct international footprint and provides the broadest global reach and best payout rates to our merchants”
PaymentOne’s merchant customers can now offer Telefónica Germany subscribers the option to charge services up to 30 euros directly to their mobile phone carrier bill. The partnership enables one-time transactions, recurring subscriptions, in-app billing and Web billing.
“PaymentOne’s agreement with Telefónica Germany further expands our direct international footprint and provides the broadest global reach and best payout rates to our merchants,” said Brad Singer, executive vice president of PaymentOne. “PaymentOne says ‘put your wallet away and use your phone number to pay,’ bringing the speed, security and convenience of mobile payments to the millions of Telefónica Germany subscribers.”
“PaymentOne is an established market leader in carrier billing with the financial stability and the broad product spectrum we look for in a payment partner,” said Robert Erdmann, manager direct-to-bill and enabling services, Telefónica Germany.
PaymentOne’s financial grade carrier-billing services are available to merchants worldwide, connecting over 3 billion consumers with merchants in over 70 countries.
About PaymentOne
PaymentOne Corporation is the global leader in integrated operator billing, spanning mobile, fixed line and broadband payment services. More than 12 years ago PaymentOne invented the “no credit card required” operator billing model, allowing consumers to simply bill digital purchases on any connected device to their mobile, broadband or home phone bill. PaymentOne’s network of 1200 telecom operators in 70 countries reaches over 3.5 billion worldwide consumers, and has helped digital merchants, social media publishers and content providers generate more than $5 billion in incremental digital transactions. PaymentOne’s first rate customer service, robust patent portfolio covering fraud prevention, and proven ability to deliver new revenue has earned the company the lowest client churn rate in the business. Profitable and privately held, PaymentOne is headquartered in the Silicon Valley. To learn more, visit www.PaymentOne.com.

Contacts

Mobility Public Relations
John Sidline, 503-946-3311
paymentone@mobilitypr.com
Press kit: http://paymentone.mobilitypr.com/
Twitter: http://twitter.com/paymentone

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Wednesday, August 31, 2011

Isis Investment Just Talk Until Product Launches, Consultant Says


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ROAM Data Secure Swipers Distributed with Intuit GoPayment in Verizon Retail Stores


August  2011 
Intuit/Verizon Partnership brings ROAM Data’s secure encrypted alternative to Square to 2300 retail stores
BOSTON--(BUSINESS WIRE)--ROAM Data, the leading mCommerce platform provider that extends both physical POS and eCommerce to the mobile environment, announced today that its ROAMpay swipe product, being distributed by its partner Intuit, is now available in Verizon Wireless’s 2,300 retail stores.
“Our merchant services partners are armed with the most cost effective, secure mobile readers on the market today, which we can white label for them, and maintain the highest level of security for them.”
“We are proud to support partners like Intuit, who is innovatively packaging our reader with their merchant services in-a-box and distributing it in retail outlets like Verizon Wireless.” said Rob Stringer, VP of Marketing and Products at ROAM Data, “Our merchant services partners are armed with the most cost effective, secure mobile readers on the market today, which we can white label for them, and maintain the highest level of security for them.”
ROAM Data is the #1 provider of encrypted mobile card readers in the world and supplies solutions for companies like Intuit, North American Bankcard, Sage Payments, NPC, Total Merchant Services, and others. ROAM also provides a full turnkey mobile card acceptance solution from peripheral to app to provisioning and support portal that can be white labeled for its partners. It also has a set of tools for developers to build secure POS apps and mobile checkout apps of their own. ROAM won the Electronic Transaction Association’s 2010 Technology Innovation Award.
About ROAM
ROAM Data is the leading mCommerce platform provider that extends both physical Point of Sales (POS) and eCommerce to the mobile environment. It provides patented mCommerce software-as-a-service, payment peripherals, and a platform of development tools that enable scalable mobile commerce applications to help merchants win customer spend and loyalty.
Examples of ROAM applications include ROAMpay, that turns merchants’ mobile devices into secure POS terminals to accept payment anywhere; ROAMoffers and ROAMwallet, that enables merchants to deliver compelling offers to their consumers’ cell phones that can be conveniently and securely acted upon. ROAM also provides a set of tools (APIs, SDK, IDE) for developers to build their own mobile POS or eCommerce apps on ROAM’s platform. Visit us at www.roamdata.com.

Contacts

ROAM Data
Rob Stringer, 857-254-2411
rstringer@roamdata.com

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Turkcell and Huawei Select NXP Technology to Launch First NFC-Enabled Smartphone in Turkey


SOURCE: NXP Semiconductors
August 30, 2011 05:00 ET
T20 Smartphone Brings 'Mobile Wallet' to Turkish Consumers
EINDHOVEN, NETHERLANDS--(Marketwire - Aug 30, 2011) - NXP Semiconductors N.V. (NASDAQ:NXPI) today announced that Turkcell (NYSE: TKC) (ISE: TCELL), the leading communications and technology company in Turkey, has selected the PN544 near field communication (NFC) radio chip for Turkcell's recently launched T20 smartphone. The T20 handset, manufactured by Huawei, is one of the world's first commercially available low-cost Android NFC-enabled smartphones. This NFC-enabled mobile phone will allow consumers to perform a variety of secure contactless transactions from convenient payments, data sharing, public transport, event ticketing and access control, while providing a secure, flexible and interoperable canvass to create the next experience in mobile-on-the-go.
The Turkcell T20 is already pre-loaded with Turkcell Cep-T Cüzdan, a mobile wallet service from Turkcell developed by Turkcell Technology on Gingerbread 2.3.3 OS. Via the NFC-enabled phone, consumers can transform their physical wallet into a mobile one and provide an easy-to-use and secure mobile transaction environment for all the daily needs of Turkcell's subscribers. Cep-T Cüzdan subscribers can also benefit from the discovery screen in the UI that allows them to know which cards they can include in their mobile wallet.
Offering secure data storage, payment and transaction, the T20 handset uses a secure element in the SIM card, which is connected to NXP's NFC chip, PN544, via the single wire protocol (SWP). The resulting NFC solution enables secure wireless two-way communication between the T20 Smartphone and other phones, terminals or readers. NXP provides a fully compliant end-to-end NFC platform for handset manufacturers and operators enabling next-generation NFC devices and services. Complementing the secure NFC solutions, NXP offers a complete open source software stack for NFC which is fully integrated and validated on the Gingerbread Android™ platform.
"NFC technology is instrumental in helping us to achieve our ambition of increasing the penetration of mobile contactless innovations in the Turkish market," said Cenk Bayrakdar, Chief New Technology Business Officer, Turkcell. "Working with NXP, we were able to build a feature-rich, interactive and flexible mobile wallet solution through the open source Android platform. This is our first commercial smartphone developed on Gingerbread 2.3.3 OS and we are extremely pleased to be first to market with this innovation in Turkey."
"NFC offers a truly exciting technology that will enhance every aspect of the mobile experience for consumers. Working with NXP, we are able to quickly bring to market the latest NFC-enabled handsets and mobile devices on a global scale while maintaining low implementation and development costs," said Anıl Öztekin, Turkcell sales director, Huawei Turkey Terminal Department.
"NXP co-invented NFC with the aim of putting the mobile phone at the center of the consumer's world -- the launch of the T20 is a significant achievement and truly supports our ambition to enable more and more NFC-based services around the world," said Jeff Miles, vice president, mobile transactions, NXP Semiconductors. "We have created secure NFC solutions that can support a variety of mobile wallet applications to help mobile handset manufacturers, banks, retailers and network operators offer new services to diversify their business and provide added value to customers."
NXP has demonstrated that customers can now build secure NFC-enabled mobile wallets using an embedded secure element, secure element in the SIM, or micro-SD based secure element. The company offers secure and flexible solutions for all configurations and use cases.
Links
About Turkcell
Turkcell is the leading communications and technology company in Turkey with 34.1 million subscribers and a market share of approximately 54% as of June 30, 2011 (Source: Operator's announcements and excluding the impact of the change in prepaid churn periods in Q2 2011). Turkcell is a leading regional player, with market leadership in five of the nine countries in which it operates with its approximately 61.7 million subscribers as of June 30, 2011. The company covers approximately 85% of the Turkish population through its 3G and 99.07% through its 2G technology supported network. It has become one of the first among the global operators to have implemented HSDPA+ and achieved a 42.2 Mbps speed using the HSPA multi carrier solution. Turkcell reported a TRY2.3 billion (US$1.5 billion) net revenue with total assets of TRY15.5 billion (US$9.5 billion) as of June 30, 2011. It has been listed on the NYSE and the ISE since July 2000, and is the only NYSE-listed company in Turkey. Read more at www.turkcell.com.tr
About Huawei
Huawei Device is a global leader in providing smart devices that connect you with the world, simply. Huawei Device partners with 500 operators, including the world's top 50 operators, across 140 countries. Huawei's products and solutions have been deployed in over 100 countries and support the communications needs of one third of the world's population. The company is committed to providing innovative and customized products, services and solutions to create long-term value and growth potential for its customers.
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.4 billion in 2010. For more information visit www.nxp.com.
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SmartMetric to Seek Injunctive Relief Against Visa & MasterCard



SmartMetric, Inc. Seeks a Preliminary and a Permanent Injunction Against Each Defendant, Prohibiting Each of Them From Further Infringement of the '464 Patent
BAY HARBOR, FL--(Marketwire - Aug 29, 2011) - SmartMetric, Inc. (OTCBB: SMME) CEO & President C. Hendrick today announced SmartMetric will be filing suit against Visa and MasterCard for Patent infringement of its U. S. PATENT 6,792,464
Details of the Patent infringement alleged by SmartMetric will be detailed in its complaint and information provided by the company to the market.
The company will be seeking "A PRELIMINARY AND A PERMANENT INJUNCTION AGAINST EACH DEFENDANT, PROHIBITING EACH OF THEM FROM FURTHER INFRINGEMENT OF THE '464 PATENT."
About the SmartMetric:The SmartMetric, Biometric Card Computer provides powerful computing with large memory capacity in a revolutionary size that has taken more than 10 years of research and development. Using the latest in sub micro technology electronics, the company has achieved a level of miniaturization that allows it to release a solution of portable computing power that combined with SmartMetric's biometric fingerprint in-card scanning technology, is so revolutionary it will change the way business is done and information is handled across a broad range of industries.
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