Campus Cards, College and University Identification and Security

New thin batteries give juice to secure card-based transactions

Tuesday, August 22, 2006


Sure, One-Time-Password (OTP) devices are cumbersome. But hackers are relentless and pervasive. What’s a U.S. bank with fussy consumers to do? One answer: in lieu of a dedicated OTP apparatus, issue credit cards with ultra thin batteries, specially designed for insertion into cards, and capable of driving powerful transactions … such as generating numeric passwords ala OTP.

There are 691 words in the rest of this article …

Library Access Required

Library subscribers have access to the full archives of more than 10,000 original news items and feature articles published by AVISIAN’s suite of ID technology publications (ContactlessNews.com, CR80News.com, DigitalIDNews.com, FIPS201.com, NFCNews.com, RFIDNews.org, SecureIDNews.com, and ThirdFactor.com).

For just $49, you receive unlimited password-protected access to content on all of AVISIAN’s sites for an entire year. Your subscription helps fund the continued creation of independent, insightful content. Find out more.

Sign in as a Subscriber

If you are already a subscriber, you may sign in now. Enter your Email Address and Password and click Sign In.

Email Address →
Password →
Action →

If you have forgotten your password, enter just your Email Address, and click Send Password.

Email Address →
Action →

MarketsandMarkets has released a new report predicting that the value of mobile payment transactions in the US will reach $56 billion in 2015.

According to the report, “Mobile Payment - Advanced Technologies (NFC), Strategies And Future Of Remote & Proximity Payment In US,” the market for NFC mobile payment in the US is currently in its infancy, with an adoption rate of only 1.7%.

read more »

Silicon Valley-based Cimbal has announced the public launch of its software-based NFC payment network. The network, which the company claims is the first of its kind in the world, enables secure payment and peer-to-peer transactions using a smart phone instead of a plastic card.

read more »

Colorado-based start up Sentegra has developed a new mobile wallet platform that provides secure mobile payment, authentication and certification capabilities and digital ticketing, according to Mobile Beat.

read more »

Bristol Airport in the UK has switched to YESpay International’s EMBOSS payment service to manage its online, Web-based parking transactions.

With EMBOSS, Bristol Airport is now able to perform high-speed secure authorization and settlement of large-volume contact/contactless credit and debit card payments.

read more »

There are an estimated four billion smart cards being shipped, annually worldwide, say Electronic Products & Technology. Printed electronic technology such as the displays and batteries in these smart cards are projected to revolutionize the portable electronic industry in the next few years.

read more »

Entrust Inc. released a new addition to its certificate management service for publicly trusted secure e-mail certificates that enable digital signature capability and encryption of e-mails and other secure documents.

read more »