Morpho (Safran), a global leader in identity and security solutions, announced the production of state-of-the-art smart card modules for Elo, a 100% Brazilian payment association set up by Banco do Brasil, Bradesco and CAIXA. Morpho created a specific smart card operating system for the Brazilian company, enabling every smart card to be used for banking applications as well as for shopping with credit and debit functions, accepted at more than 1.7 million establishments and point of sales.
Technical body EMVCo has released official figures which demonstrate that one in three of all card-present transactions undertaken globally between July 2014 and June 2015 used EMV® chip technology.
Europe Zone 1 is close to full market EMV chip deployment with 97% of all card-based payments using EMV technology. This is followed by Latin America at 87%, and Africa and the Middle East at 84% of payment transactions EMV chip-enabled.
Morpho announced the launch of SecureIdentity, a new digital identity service for British citizens and residents. The company is one of the new providers to support the expansion of online services offered through the UK government’s new GOV.UK Verify program. GOV.UK Verify is the new way to prove who you are online so that users can safely and securely access an increasing range of digital government services, such as viewing their driving licences or filing their taxes.
MorphoWave™ Tower, the market’s first biometric solution delivering secure, frictionless access control, received the top honor of its category in the “Security & Fire Excellence Awards 2015” competition. After being named “Best New Product” by the Security Industry Association (SIA), the contactless biometric innovation from Morpho was awarded “Access Control Product of the Year” by IFSEC International and FIREX International. The Judging Panel was composed of representatives from the security, academic and policing sectors. According to the organizers, this year’s edition of the Awards received a high number of quality entries.
GlobalPlatform, the association which standardizes the management of applications on secure chip technology, has announced its Board of Directors for fiscal year 2016. Five Board seats were open in the election, which resulted in each of the following elected individuals being appointed to serve a two year term:
- Marc Kekicheff, Senior Director of Chip Innovation at Visa Inc. Marc retains his position as GlobalPlatform Chairman for the sixth consecutive year.
- Nils Gerhardt, Group Vice President with a global product responsibility for financial institutions at Giesecke & Devrient. Nils joins the Board as GlobalPlatform’s new Vice Chair.
- Yves Moulart, Director of Development and Innovation within ST Microelectronic’s Secure MCUs Division, Integrated Secure Solutions. Yves retains his role as GlobalPlatform’s Secretary / Treasurer.
- Rob Coombs, Security Marketing Director, Systems & Software, ARM (re-elected).
- Stéphanie El Rhomri, Vice President, Technology at FIME (newly elected).
- Rémi de Fouchier, Vice President, Marketing at Gemalto (re-elected).
- Sebastian Hans, Principal Member of Technical Staff at Oracle (re-elected).
Gemalto has been recognized by three market research analysts as the world's number one supplier of contactless and mobile solutions for public transportation. ABI Research, Juniper Research and IHS have all published independent reports that rank Gemalto as the global leader in this fast-growing sector. They scored the company highly for its market position, commitment to innovation, international presence and evident success in implementing a series of pioneering NFC applications for major public transportation networks.
Morpho (Safran), a leading company in digital ID and biometrics solutions, has been chosen by India’s leading telecom operator Airtel to become its key partner in an electronic know your customer (eKYC) program in Uttar Pradesh. Through digital on-boarding of subscribers, the proof of concept (POC) with Airtel will avoid fraud whilst at the same time implement a cost-effective, flexible and environmentally friendly solution.
Morpho (Safran) has finalized its acquisition of AirTag, a French startup specialized in innovative mobile payment solutions. This latest acquisition further reinforces Morpho's growth strategy in the digital security market. AirTag develops secure mobile transaction solutions for banks, payment networks and retail. The company developed AirPass, a "virtual bank card" solution using HCE (Host Card Emulation) technology and based on a proprietary Tokenization platform (involving a single-use payment token), now being deployed by major players in the e-payment sector. AirTag also offers retail customers an innovative e-wallet service called AirShop, providing payment, loyalty and other smartphone-based services.