News and insight into biometric identification and authentication

e-Smart Technologies delivers its new smart card on second contract in South Korea

Wednesday, February 20, 2008

e-Smart Technologies Inc. has delivered the company’s Super Smart Card, the “I AM” to Hansun Information System Co. Ltd., in South Korea. Hansun Information System Co., focuses on Value Added Network sales and management, specializing in credit card monitoring and EFT-POS terminals.

e-Smart Technologies Inc. is the exclusive supplier of the Biometric Verification Security System, the “I AM” card and the Super Smart Card system and related system technologies for Asia, Africa and the U.S., which e-Smart believes to be the world’s first smart card of its kind with an on-card sensor and a full match on-card system and other unique technologies for secure biometric ID verification. [end] 

RNCOS has released a report predicting the Europay, MasterCard and Visa (EMV) standard will lead to “robust growth” in the smart card market.

The report, titled “Smart Card Market Forecast to 2012,” also predicts a surge in the telecom and financial/retail/loyalty sectors, with unit shipments of applications growing at a Compound Annual Growth Rate of approximately 13% and 17% respectively during 2010-2012.

read more »

Clear2Pay has announced that the Korea Electric Testing Institute (KETI), an organization dedicated to enhancing the safety and quality of electronic products, has selected Clear2Pay’s Integri test tools for the testing of digital communication between NFC devices.

read more »

Embedded technologies provider Eurotech has won a $10 million contract to supply embedded computers to Cubic Transportation for use in the smart card ticketing system of an undisclosed major European capital.

read more »

SEPTA’s (Southeastern Pennsylvania Transit Authority) proposed smart card fare system has met some resistance from passenger advocates, according to The Philadelphia Inquirer.

Essentially, the proposition entails railway passengers taking a free train into the Philadelphia’s Center City station and paying a roundtrip fare on ride home, reports The Inquirer.

read more »

Frost & Sullivan has released a new report predicting a 6.2% jump in South Korea’s shipment of smart cards in 2010, rebounding from last year’s slump in demand. By the close of 2010, an estimated 49.6 million units are expected to be shipped, up from 46.7 million in 2009.

read more »

SK Telecom of Korea has signed a Memorandum of Understanding (MoU) with Japanese mobile operators KDDI Corporation and SOFTBANK MOBILE to lay ground for an interoperable contactless payment environment for mobile phone users of Korea and Japan.

read more »