Secure Transactions News
Some news from the Secure Transactions Industry are here. A lot more are in Smart Insights Weekly.
HID Global, a worldwide leader in trusted identity solutions, has acquired Arjo Systems, a provider of physical and digital identity solutions for secure government ID applications. Arjo Systems gives HID Global broader capabilities to deploy electronic identification (eID) and ePassport solutions for government programs.
Intelling has published a new Smart Insights Report called, “Physical, Digital, Mobile unite for future Government Identity,” that analyzes the current changes and development of identity documents and solutions. New types such as Digital ID and Mobile ID are emerging, offering solutions providers, governments and citizens new opportunities.
Worldpay, a payment processing company, recently brought help for the supply side of the mobile payments. The company is working on an extended trial of a new mobile point-of-sale (PoS) system based on mobile phones that should deliver a lot of new value for the small business.
Fiserv, a provider of financial services technology solutions, announce that it has reached agreement on the terms of a recommended cash offer to acquire Monitise. The acquisition is expected to accelerate the Fiserv digital strategy and the development of a next-generation digital banking platform for leading financial institutions worldwide.
Japanese tech conglomerate SoftBank continued its drive to take center stage in the evolution of the tech industry with the acquisition of Boston Dynamics from Google/Alphabet. Boston Dynamics has been a fairly high profile robotics pioneer in recent years, specializing in humanoid and quadrupedal machines apparently designed to mimic living things.
A new Core NFC function which forms part of iOS 11 will add support for NFC tag reading to the iPhone 7 and 7 Plus, Apple has revealed. Support for NFC tag reading is also being added to the Apple Watch with the release of watchOS 4.
G+D (Giesecke&Devrient) Mobile Security has signed an agreement to acquire the personalization bureau CPS Technologies from OT-Morpho (cf. Smart Insights Weekly #17-23). This completes G+D Mobile Security’s comprehensive offering for the French market. The closing of this transaction is subject to regulatory approvals.
Advent International, a global private equity fund, and Bpifrance have completed their acquisition of Safran Identity & Security (ex-Morpho), heralding the arrival of OT-Morpho.
In San Francisco, California, Google has begun using billions of credit-card transaction records to prove that its online ads are prompting people to make purchases, even when they happen offline in brick-and-mortar stores, the company recently said.
Eurosmart, a consortium of technology providers with a strong expertise in the management of digital security within hostile environments, announced the 2016 figures for worldwide secure element shipments and the corresponding 2017 forecasts. The overall growth trend remained unchanged in 2016 and Eurosmart forecasts place the total volume of secure elements to be shipped in 2017 at close to 10 billion (cf. Smart Insights Weekly #16-49).