Mastercard unveils innovation centre in Dubai

By | August 12, 2017

Mastercard, a leading technology company in the global payments industry, has unveiled its newest payment solutions and groundbreaking technologies at the latest release of its ‘MEA Innovation Showcase’ in Dubai, UAE. Featuring innovations that are shaping the future of the payments sector in the region, the location of the enhanced ‘MEA Innovation Showcase’ at the company’s regional headquarters… Read More »

ESN Media Sponsor of Wired Security 2017

By | August 12, 2017

  Embedded Security News is proud to announce its sponsorship as official Media Partner to Wired Security 2017: Cybersecurity for individuals and enterprise that will be held in London on 28 Sep 2017. From DDoS attacks to data manipulation, new cybersecurity regulations to organised fraud, businesses and consumers alike are faced with ever greater levels of security threats.… Read More »

Precise Biometrics appoints new R&D Director

By | August 11, 2017

Fredrik Clementson has been appointed new R&D Director and member of the management team. Fredrik will commence his role on September 1 and replaces Rutger Petersson who will leave the company at the end of the month.  “Fredrik has been working for a long time within the company and has extensive knowledge about our business, products and customers. He will… Read More »

Shanghai Huahong renames fabs

By | August 11, 2017

Shanghai Huahong Group has renamed all the wafer fabs under the group. The move is to enhance the overall image of the group’s IC manufacturing business, and enable its worldwide customers and partners to identify easily wafer fabs under the group. Eight-inch foundry Huahong Grace Semiconductor Manufacturing (HHGrace) and 12-inch foundry Huali Microelectronics (HLMC) are among the member… Read More »

Nigeria – NIMC plans e-ID Cards’ replacement, renewal

By | August 11, 2017

National Identity Management Commission (NIMC) said that it is working to ensure every Nigerian with National Identity Number (NIN) receives the electronic identity cards, and that it has set up machinery to renew others about to expire. Engineer Aliyu Aziz, NIMC’s director general and chief executive officer, regretted that recession and the inability of the private partners to… Read More »

Baiduri Bank launches Visa Platinum Debit Card

By | August 11, 2017

“WITH our clients getting increasingly affluent, their lifestyles and appetites have evolved with them. They are more discerning and sophisticated, with an affinity for convenient electronic payments and service.” Pierre Imhof, the Chief Executive Officer (CEO) of Baiduri Bank, underscored this in his welcoming speech at the launching of the bank’s Visa Platinum Debit Card yesterday where he… Read More »

Vietnam – Saigon Co.op, VietinBank sign far-reaching deal

By | August 11, 2017

  HCM CITY — The Saigon Union of Trading Co-operatives (Saigon Co.op) and VietinBank have signed an agreement to leverage their respective strengths to benefit tens of millions of customers. VietinBank will offer Saigon Co.op modern banking services, financing for its projects, working capital, cash flow management, collection, payroll and card payment services, and others. At the signing event… Read More »

Singapore – JOINT NEWS RELEASE BY THE LAND TRANSPORT AUTHORITY (LTA) & TRANSITLINK – TOWARDS A CASHLESS PUBLIC TRANSPORT SYSTEM BY 2020

By | August 11, 2017

 The Land Transport Authority (LTA) and TransitLink are working towards a fully cashless vision for public transport by 2020. This is in line with our Smart Nation efforts. 2.  To realise this vision, LTA and TransitLink will launch a series of initiatives where commuters will no longer use cash to pay for rides or to top up stored-value… Read More »

USA – Attorney General unveils new guidelines to prevent skimming

By | August 11, 2017

CHARLESTON, W.Va. — West Virginia Attorney General Patrick Morrisey announced Thursday a list of guidelines for convenience stores and gas stations as part of an effort to protect credit card information. The rules are aimed at eliminating skimmers, or devices used to steal credit or debit card information at gas station pumps. The guidelines instruct employees to replace factory… Read More »

Smart card – Global Market Outlook (2016-2022)

By | August 11, 2017

A new research document with title ‘Smart card – Global Market Outlook (2016-2022)’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like US, Europe, Asia Pacific, Middle East, South Africa, Egypt and important players/vendors such as Sony corp, Datacard corp, Renesas Electronics, Arm Holdings PLC…………….The report will help user gain… Read More »

Mandatory notification of trades in IDEX

By | August 10, 2017

On 9 August 2017, the following primary insiders were granted subscription rights under the company’s 2017 incentive subscription rights plan:  CEO Dr. Hemant Mardia was granted 580,000 subscription rights. Following the grant, Dr. Mardia and his close associates hold or control 2,115,625 shares and 3,830,000 subscription rights in IDEX.  CFO Henrik Knudtzon was granted 415,000 subscription rights. Following… Read More »

Philippines – ‘Urgent’ Natl ID bill sent to Palace

By | August 10, 2017

Socioeconomic Planning Secretary Ernesto M. Pernia said on Wednesday that the proposed Unified National ID System Act has already been endorsed to President Rodrigo Duterte for certification as “urgent.” “I am pleased to note that the proposed Unified National ID System Act was endorsed by the Executive  Committee of the Legislative-Executive Development Authority Council for certification by the… Read More »

Grant of incentive subscription rights in IDEX

By | August 10, 2017

The board of directors of IDEX ASA resolved on 9 August 2017 to issue 4,435,000 incentive subscription rights to certain employees and individual contractors in the company. The grant was made under the company’s 2017 incentive subscription rights plan as resolved at the annual general meeting on 12 May 2017. The exercise price of the subscription rights is… Read More »

Identiv Reports Second Quarter 2017 Results

By | August 10, 2017

FREMONT, Calif., Aug. 10, 2017 (GLOBE NEWSWIRE) — Identiv, Inc. (NASDAQ:INVE) today announced financial results for its fiscal 2017 second quarter ended June 30, 2017. For the second quarter, total revenues were $14.8 million, GAAP gross margin was 38%, GAAP net loss was $(1.9) million, and adjusted EBITDA was $0.2 million. “We continued to experience year-over-year organic growth in the… Read More »

Sierra Leone News: Parliament approves amendment to e-passport price

By | August 10, 2017

As requested by the parent agreement, Members of Parliament have yesterday approved the amendment of Clause 5 on the agreement between the government of Sierra Leone and NETPAGE (SL) Limited for the production of e-passports. According to ‘Clause 5′ of the agreement the initial sales price of the e-passport shall be the equivalent of $120 USD in Leones… Read More »

Nigeria – Funds stall production of electronic ID cards

By | August 9, 2017

Lack of funds tied to recession is currently slowing the production and issuance of the national electronic identification card being handled by the National Identity Management Commission (NIMC). Out of the 18.5 million enrolments and registrations made since 2012, when the project began, NIMC has only been able to issue 1.2 million cards. The Director-General of NIMC, Aliyu… Read More »

IDEX receives initial order for card sensor modules from leading Asian smart card provider

By | August 9, 2017

Oslo, Norway, 9 August 2017 – IDEX, a leading developer of advanced fingerprint solutions for mass markets, has received an initial order to deliver its off-chip fingerprint sensors for cards to a major Asian authentication and security card customer. The sensors will be integrated in the customer’s biometric ISO form factor card for government identification and access control applications, and… Read More »

Invitation to IDEX’s presentation and webcast of first half of 2017 report

By | August 9, 2017

IDEX ASA will release its interim report for the first half of 2017 on Thursday 10 August 2017.  CEO Dr. Hemant Mardia and CFO Henrik Knudtzon will present the results and a business review starting at 09:00 CET at the Felix Conference Centre at Aker Brygge in Oslo.  The presentation will be broadcasted live at this link: IDEX first half… Read More »

IDEX receives initial order for card sensor modules from leading Asian smart card provider

By | August 9, 2017

Oslo, Norway, 9 August 2017 – IDEX, a leading developer of advanced fingerprint solutions for mass markets, has received an initial order to deliver its off-chip fingerprint sensors for cards to a major Asian authentication and security card customer. The sensors will be integrated in the customer’s biometric ISO form factor card for government identification and access control… Read More »