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The Long View.(EMV standard, international standard for smart cards; online authentication systems)(Credit Markets)(Industry Trend or Event)
October 1, 2002... Two stories in this issue deal with developments in card technology that are largely being driven by mandates from the world's dominant payment card organizations, Visa International and MasterCard International. One is the conversion of...
A New CEO Faces Old Rifts At Gemplus.(Alex Mandl )
October 1, 2002... French-based smart card vendor Gemplus International SA named former telecommunications industry executive Alex Mandl as its new CEO in late August, at the end of a tumultuous eight-month search.
The company hopes Mandl-who served as...
Philips, Sony To Work Together on Contactless Technology.
October 1, 2002... Royal Philips Electronics and Sony Corp. plan to introduce an enhanced version of their short-range wireless products that could be used to link such electronic devices as mobile phones, PDAs and chip cards.
The radio frequency...
South Africa Schools Seek Bank Partner.
October 1, 2002... A smart card program at a South African university has been halted by the collapse of first one bank and the takeover of another that had agreed to handle the funds for the chip card's electronic purse. However, several universities are...
Resume of Gemplus' New Chief.(Alex J. Mandl)
October 1, 2002... Alex J. Mandl
Age: 58
Nationality: American, born in Austria
Education: Masters of Business, University of California-Berkeley
Experience:
2001-2002: Principal, ASM Investments, IT and telephony venture capital firm....
Card Technology Calendar.(Calendar)
October 1, 2002... Nov. 5-7: Cartes 2002-Paris
Organized by Exposium
For more information, contact Exposium at:
Telephone: +33 1 49 68 52 61
Fax: +33 1 49 68 52 08
E-mail: cartesexposium.fr
Web site: www.cartes.com
Nov. 18-20:...
Regional News.(wireless electronic commerce research )
October 1, 2002... Europe
Access Will Overtake Transit As Contactless Card Application: Use of contactless smart cards will grow sharply over the next few years, with access control overtaking transit as the main application by 2006, according to a report...
Korean Telcos Plunge Into Mobile Payment.(Mobile communications payment services details)
October 1, 2002... Despite looming interoperability problems and an uncertain business case, mobile telcos in South Korea's crowded market plan to give mobile payment its first big tryout. Network operators and banks around the world will be watching.
One...
Another Go At Internet Security.(E-commerce credit card security details)
October 1, 2002... Visa and MasterCard are heavily promoting new systems for reducing Internet card fraud. The potential benefits are huge. But first online merchants and cardholders must be convinced to participate.
Internet shopping is big and growing...
How Do Smart Cards Fit In?(Banking industry smart card usage)
October 1, 2002... At first blush, it might appear the success of the online authentication systems might eliminate one argument for the introduction of smart cards by banks, namely that smart cards can help authenticate consumers online.
Both Visa and...
How Rules Are Changing For Online Transactions.(Credit Card industry management details)(Brief Article)(Chronology)
October 1, 2002... Oct-01
Visa shifts liability to issuer when both merchant and cardholder are enrolled in and use 3-D Secure.
Apr-02
MasterCard shifts liability from European online merchants who can support authentication protocol and reduces...
Getting A Grip On EMV: The mass rollout of chip cards and terminals will cost billions, but will it pay? Banks are trying to make the best of an uncertain business case.(smart card issuance details, Europay, Mastercard, Visa)
October 1, 2002... For many bankers, the thought of converting all of their magnetic-stripe payment cards and terminals to smart cards and terminals that comply with the global EMV standard reminds them of a dinner date with their in-laws-they know they can't...
Aussies Are Ready To Forge Ahead With The Multiapplication Concept.(Austrailian banking industry smart card strategy)
October 1, 2002... Given their complexity and tentative business case, multiapplication banking card projects are a good two to four years off, say the experts. Apparently, bankers in Australia haven't gotten the message.
Two more of Australia's Big Four...
Santander Bancorp. Targets Tomorrow's Professionals: A Spanish banking giant is prospecting for new cardholders by cutting deals with universities in Europe and Latin America, notably in Chile.
October 1, 2002... Among the strategies Santander Central Hispano has employed to join the ranks of the world's top retail banks is to provide financial services and, in some cases, ID cards to 550 universities in its home country of Spain, as well as in...
Santander's University Smart Cards By Country.(Brief Article)(Illustration)
October 1, 2002...
Spain 452,000
Chile 45,000
Mexico 28,000
Brazil 20,000
Other 56,000
Total 601,000
Source: Santander Central Hispano
Copyright c 2002 Thomson Media. All Rights Reserved.
Welfare Agencies Seek Aid From Smart Cards.
October 1, 2002... Government agencies in three U.S. states have completed an initial pilot using smart cards to deliver welfare benefits. The results were sufficiently encouraging to prompt more trials.
There has been a lot of talk, but little action,...
Health Passport Project.(Brief Article)(Illustration)
October 1, 2002...
Reno, NV Cheyenne, WY Bismarck, ND
Population 340,000 54,000 55,000
Date Pilot Began Jun-00 Jun-99 Jun-99
Cards Issued as of Aug. 2002 10,000 6,300 4,000
Kiosks Installed...
WIC Smart Card Programs.(Smart card program details )(Brief Article)
October 1, 2002... New Mexico and Texas
New Mexico will launch a pilot in January 2003. If the pilot is rolled out statewide, 2,500 cards will be issued. Texas will launch a pilot in El Paso in September 2003, issuing 30,000...