Card Technology articles from May 2001

Card Technology archives from May 2001

Good Things Come In Small Increments.(Brief Article)
May 1, 2001... Remember when the Internet seemed like a good idea? Perceptions of a technology change quickly when financial markets drastically lower the prices of stocks related to that technology. In hindsight, it is easy to see that Internet stocks...

Multos Loosens Up. Is It Enough?
May 1, 2001... MasterCard and Visa compete, but their magnetic-stripe technologies are similar enough that many financial institutions can issue both brands of cards. When it comes to multiapplication smart cards, however, it may not be so easy to issue both...

What Multos Is Changing.(Brief Article)
May 1, 2001... Pricing: * Eliminates 3.5-cent fee per card for each application loaded or deleted. * One-time charge per card ranges from 7 cents to 28 cents, depending on memory size. New Issuance Options: * Third party can handle...

Give Us Your Opinion.
May 1, 2001... Visit the Card Technology Web site at www.cardtechnology.com and participate in our online survey. This month's question: Which region will be at the center of the smart card industry in five years? * Europe. Europe is the home of...

Card Technology Calendar.
May 1, 2001... * June 4-7: ITS 2001: Connecting the Americas-Miami Organized by Intelligent Transportation Society of America For more information, contact Katrina Mayo at: Telephone: 202-484-4549 Fax: 202-484-3483 E-mail:...

Regional News.
May 1, 2001... North America * Boston Theater To Put Tickets On A Smart Card: Boston moviegoers soon will be able to download movie tickets from a Web site onto a smart card and enter a theater by waving the chip card past a card-reading device. The...

How Cards Fit In When Consumers Pay By Phone.
May 1, 2001... Consumers in Finland can pay with their mobile phones at 350 vending machines and at several car washes, parking garages and even three Pizza Hut restaurants. Japanese mobile phone operator NTT DoCoMo plans to offer selected customers the...

Chip Cards And Cell Phones Can Limit Online Fraud.(Brief Article)
May 1, 2001... It is true that France Telecom did not meet its goal of distributing 1 million dual-slot handsets for use with bank-issued smart cards by the end of last year (Card Technology, March 2001). However, the concept behind the project holds...

Made In South Korea: Smart Cards With Flair.
May 1, 2001... While others talk about multiapplication cards, issuers in Asia's hottest credit card market are introducing chip cards with merchant discounts, Internet ID, electronic purse and transit features. French banks pioneered smart cards for...

The Smart Card Landscape Looks Very Different In Japan.
May 1, 2001... While credit card issuers in Korea see smart cards as a way to attract customers, their colleagues in Japan are more concerned about stopping fraud. Credit card losses jumped 40% last year, exceeding 10 billion yen ($US83million) in the first...

South Korea's Booming Credit Card Market.(Brief Article)(Statistical Data Included)
May 1, 2001... Volume Cards 1999 2000 % increase 1999 2000 % increase MasterCard 25 55.8 123% 11.9 12.8 8% Visa 24.5 71.5 192% 13.2 21.2 60% Volume is in billions of...

Fortifying The Network.
May 1, 2001... As corporations, government agencies and other organizations seek to safeguard their data and securely link their networks to the Internet, many are replacing passwords with PKI. A growing number are using smart cards to store the digital IDs...

SMART CARDS AND PKI FOR ENTERPRISE SECURITY.(Brief Article)(Statistical Data Included)
May 1, 2001... (part 1 of 2) PROJECT LAUNCH U.S. Department of Defense Oct. 2000 ABN Amro Early 2001 Royal Dutch/Shell Group Late 2001 ...

Credit Cards Face Online Challengers.
May 1, 2001... Credit cards dominate Internet payments, especially in the United States, where Web usage is high. But a variety of nonbank players are offering alternatives that they contend better meet the needs of online consumers and retailers. When...

Smart Cards For Smart Soldiers.
May 1, 2001... Armed forces in several countries use smart cards for identification, but the U.S. Defense Department is taking military chip cards into the Internet age. Encrypted e-mail and digital signatures soon will be the norm, and more high-tech...