Tag Archives: china

GLOBALFOUNDRIES, Fudan team to deliver next generation dual interface smart card

By | November 14, 2017

GLOBALFOUNDRIES and Fudan Microelectronics Group today announced they have produced a next generation dual interface CPU card, using GF’s 55nm Low Power Extended (55LPx) technology platform. GF’s 55LPx platform has the capability to integrate multiple functions onto a single chip that results in a secure, low power, and cost effective solution uniquely suited for the Chinese bank card… Read More »

China to introduce eIDs embedded in SIM cards

By | September 26, 2017

China is planning to embed personal identity information into SIM cards to better protect citizens’ private information, according to the country’s Ministry of Public Security (MPS). Personal information leakage has become a serious problem in the era of Internet. According to incomplete statistics, some 6.5 billion pieces of personal information of Chinese citizens were leaked in 2016. Electronic… Read More »

OT-Morpho launches with CMBC the first payment card featuring MOTION CODE dynamic CVV2 in China

By | September 21, 2017

High-tech powered card with dynamic security code (CVV2) that changes automatically every hour, displayed on embedded mini-screen A solution with no impact on cardholder journey for safer online transactions: if stolen, this dynamic data becomes rapidly unusable CMBC is the first bank to launch MOTION CODETM in Asia, featured on their new high-end VISA Signature card A CMBC… Read More »

Infineon and Goldpac Sign Strategic Cooperation Agreement on Smart Manufacturing

By | September 13, 2017

September 13, 2017,Zhuhai, China—responding to China’s “Made in China 2025” strategy, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Goldpac (Stock Code: 03315) signed a strategic cooperation agreement today. The two sides reached a consensus that Infineon will help to further elevate the smart operation capabilities of Goldpac through the leveraging of their experience and knowledge of… Read More »

Foreign cards on horizon, may woo Chinese users

By | August 8, 2017

Foreign debit and credit card companies face a long fight with local electronic payment market leader UnionPay as industry supervision is still evolving and customer needs are diverse, experts said.   US card network Visa has applied for a license from China’s central bank to operate in the Chinese market, it said in an email on Friday. MasterCard,… Read More »

China – Mobile payments are in, cash and card nearly out

By | July 31, 2017

“Alipay or WeChat Pay?” she asked as soon as he finished his lunch. “So you don’t accept bank card? And cash isn’t an option?” Chang Xiaohui, 27, an electrical engineer, counter-questioned the waitress at a Hong Kong-style restaurant in Shanghai. She replied: “Sure we do. I mean, not many people are using bank cards or cash nowadays, right?”… Read More »

Swatch updates mobile-payment watches for China, linking with UnionPay to keep sales ticking

By | July 20, 2017

Swatch Group, which claims to be the world’s largest watch maker, has launched the second generation of its chip-embedded devices that can be used for mobile payments in China, after teaming with UnionPay to offer “Swatch Pay”. The new watches can be linked with credit cards issued by 11 partner banks – including Bank of China, Industrial and… Read More »

Hong Kong – Provision of “stop-and-go” e-payment facilities at Shing Mun Tunnels to begin next Sunday

By | July 14, 2017

The Transport Department (TD) today (July 14) said that the “stop-and-go” e-payment system will be first introduced at the manual toll booths of the Shing Mun Tunnels next Sunday (July 23) to provide motorists with an additional and convenient means of toll payment. A spokesman for the TD said that the “stop-and-go” e-payment system offers four payment methods, namely… Read More »

Mobike and Gemalto collaborate to bring IoT connectivity to bike-sharing services beyond China

By | June 28, 2017

​​Amsterdam, June 28, 2017 – Gemalto (Euronext NL0000400653 GTO), the world leader in digital security and Mobike, world’s largest smart bike sharing platform, announced extending its partnership in secure internet connection for Mobike’s fleet of bikes​.  Gemalto’s Cinterion M2M ​module and Machine Identification Module (MIM™) are embedded in the smart bike lock to transmit location data and operate the… Read More »

NXP, Shanghai Unicom and roam2free Collaborate to Develop Secure eSIM Solution That Provides More Freedom and Convenience for Mobile Phone Users in China

By | June 26, 2017

Complete solution combines mobile payment and ticketing with GSMA-compliant remote SIM activation for consumers to quickly add mobile subscriptions and cellular networks to their smartphones for better coverage and when traveling abroadSHANGHAI, China, June 26, 2017 (GLOBE NEWSWIRE) — MWC SHANGHAI — NXP Semiconductors N.V. (NASDAQ:NXPI) collaborates with Shanghai Unicom, one of the first pilot units in “consumer… Read More »

China – Permanent residents to get new ID cards

By | June 1, 2017

HOLDERS of Chinese green cards can apply for “foreign permanent resident ID cards” from today, the Ministry of Public Security announced yesterday. The new machine-readable cards with embedded chips are similar to Chinese citizens’ identity cards and will replace the current permanent residence cards. The new cards can be used to access finance, education, hospital, transport, telecommunications, tax,… Read More »

NXP World’s First Foreign-Based Semiconductor Company Awarded OSCCA Certificate from China Authority

By | May 10, 2017

BEIJING, May 10, 2017 (GLOBE NEWSWIRE) — NXP Semiconductors (NASDAQ:NXPI) today announced that the China Office of State Commercial Cryptography Administration (OSCCA) awarded it with a certificate to become a designated producer of commercial cipher products. This certificate marks NXP as the first, and currently only, approved foreign-based semiconductor company to be awarded authorization to develop and produce… Read More »

Gemalto and Veridos strengthen citizen identity security with eID cards for Macao SAR Government

By | May 10, 2017

Macao, May 10, 2017​ – Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is partnering with Veridos, a German company specializing in Identity Solutions, to supply contactless electronic ​identity cards (eIDs) to the Macao Special Administrative Region Government (Macao SAR Government). Under the collaboration, Gemalto is the subcontractor responsible for providing the physical cards, enhanced with… Read More »

NXP and China Ministry of Industry and Information Technology’s Subsidiary CAICT Sign Strategic Cooperation Agreement on Smart Connected Cars

By | April 11, 2017

NXP is Granted Official Pilot Company Status for Intelligent Transportation and Securely Connected Vehicles in China SHENZHEN, China, April 11, 2017 (GLOBE NEWSWIRE) — NXP Semiconductors (NASDAQ:NXPI) and China Academy of Information and Communications Technology (CAICT), a subsidiary of China’s Ministry of Industry and Information Technology (MIIT), today signed a strategic cooperation agreement to foster innovation in intelligent… Read More »