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Technology News: Issue Issue 29 11 Jun 2012

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Fares/ticketing, Technology, Other, All of UK, Europe

Multinational payment security JV sets out stall

UK chip designer ARM, The Netherlands-HQ’d  digital security vendor Gemalto, and German smartcard fare and parking system provider Giesecke & Devrient have set up a joint venture aimed at delivering a common security standard for the growing numbers of electronic payment services and devices.

Reflecting the increasing availability of direct access to bank and credit/debit card accounts, the JV hopes that, with improved security standards delivered in a way that makes for easier...

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