Gemalto Wins 2011 A.T. Kearney Innovator Award

Gemalto digital security has been distinguished with the A.T. Kearney 2011 Best Innovator Award for its best-in-class innovation management and leadership. The evaluation focuses on the practical “how to” in innovation practice and assesses what leading companies really do in order to achieve superior yield from their innovation strategies and investments. The jury, which is comprised of senior business executives, ranked Gemalto clearly first amongst a number of nominated global industry leaders. The selection criteria focus on the processes in place to encourage and manage innovation and it evaluates actual achievements at delivering innovative products and services. Gemalto demonstrated a clear vision in making the digital world more convenient and secure for businesses and consumers alike. In particular, Gemalto remarkably evidenced a repeatable and well established system of innovation management that practically resulted in a succession of successful breakthroughs towards high-growth markets such as e-Government services, machine-to-machine applications and mobile financial services.

Details

Qualcomm to Acquire the Assets of Rapid Bridge Semiconductor

Qualcomm has agreed to acquire substantially all of the assets of Rapid Bridge inventor of advanced techniques for the design and development of semiconductor products. The company’s technology reduces complexity in integrated circuit (IC) development at advanced technology nodes to enable greater design flexibility and optimized die size and power consumption. With this, Rapid Bridge engineering services operations will be integrated into Qualcomm CDMA Technologies, expected to close by the end of fiscal year 2011.

Details

SelectCore Launches Instant Online MasterCard Reloads

SelectCore prepaid telecom and financial solutions for the credit challenged and unbanked consumer market launched instant online reloads for the “Iridium MasterCard.” Allowing cardholders to instantly reload their “Iridium” Prepaid MasterCard using Interac Online, the reload option is secure and easy to use, allowing funds to be transferred directly and instantaneously from an existing bank account. Instant online reloads will allow “Iridium” MasterCard to significantly broaden its demographic audience from the unbanked to mainstream consumers such as parents and teenagers / students, travelers and more.

Details

Desjardins deploys end-to- end encryption solution

METRO INC adopted the latest end-to-end encryption from Desjardins, which was designed in conjunction with Ingenico. Eliminating exposure of credit card numbers in the retailer’s payment process, the encryption solution protects card data as the card is read on the merchant terminal, reducing the risk of fraud and fraud-related costs while complying with the strictest standards of PCI-DSS, facilitating the PCI-DSS accreditation process for retailers.

Details

Sony Ericsson Selects NXP’s NFC for Its Smartphones

NXP Semiconductors’ NFC technology has been selected by Sony Ericsson for inclusion in its Android-based smartphones to further enhance its consumers’ mobile experiences. Using simple touch gestures, consumers will be able to make purchases or connect to a POS terminal, ticketing terminal or location-based promotional tag simply and securely with their NFC-enabled smartphones. NXP provides complete embedded, secure NFC solutions and recently announced that its NFC software is open source on the Android platform and enables the Google Wallet application. Sony Ericsson intends to use the NXP PN65 NFC solution in their Android-based smartphones, which includes the NFC radio controller, the embedded secure element and NFC software. The embedded secure element enables NFC to be used for mobile transactions.

Details

NCR Introduces New Financial Kiosks

NCR Corporation announced the global launch of the next generation of NCR Financial Kiosks, which provide automated service options for financial services companies looking to offer a new customer channel in branches or off-site locations. The NCR SelfServ 4 and the NCR SelfServ 8 offer consumers the convenience of bypassing teller lines and quickly completing typical branch transactions, such as account opening, account maintenance and financial product research and purchase. By migrating routine transactions to self-service channels, tellers can dedicate more time to customer service, facilitating high-value product purchases and cross-sales. This allows customers to easily pay bills, transfer funds and print statements through a secure self-service channel. They can also search for loan, credit card and insurance rates, receive quotes and apply for a new product or service at the kiosk.

Details

Bluepoint, Corporate One FCU Partner to Deliver Item Processing and Check Capture

Bluepoint Solutions Check 21, remote deposit capture, item processing and enterprise content management solutions partnered with Corporate One Federal Credit Union. Bluepoint developed the software that powers the “IMAGEin” branch capture solution specifically for corporate credit unions to deploy to their members.Check images will then be sent to Corporate One for processing and clearing. Credit unions will not incur additional licensing fees or software costs, other than support. Day-to-day operations of the credit unions will be unaffected, ensuring a smooth transition that is completely invisible to members and requires no additional costs or staff training.

Details

BookIt.com and PayPal Consolidate Travelers’ Reservations

BookIt.com online travel company implemented PayPal’s Parallel Payments, allowing guests to use PayPal to book all travel purchases in one easy transaction. Travelers will now be able to pay for flights, hotels, car rentals and vacation packages with one step using the leading global online payment system. PayPal offers a safe, simple way for guests to pay for their travel online without sharing personal financial information. In addition to enhancing guests’ purchasing experience, PayPal exposes BookIt.com to millions of its users who prefer to do business with websites that offer the service. In 2010, PayPal’s net Total Payment Volume for 2010, the total value of transactions, was nearly $92 billion.

Details