<h4><b>Workz rolls out expansion plans as part of global growth strategy</b></h4> Workz Group,...
Workz rolls out expansion plans as part of global growth strategy
Workz Group, the Dubai-based mobile security & IoT solutions provider, has today announced several expansion and restructuring initiatives aimed at driving its global growth in the mobile telecoms and IoT sectors. These plans include the creation of Workz Group Telecoms Limited headquartered in Dublin with the consolidation of all Workz operations under this entity, the appointment of a new group CEO, and the acquisition of Elatec Card and Security Solutions in Germany.
Workz Group Telecoms Ltd has acquired the existing legal entities of Workz effectively consolidating UAE-registered Workz Media FZ LLC and Hong Kong-registered Workz International Ltd under the newly registered Irish company. These changes will see Workz adopt operations in Europe, Africa, Middle East and Southeast Asia as it positions itself as a global provider to mobile network operators, device manufacturers and IoT partners.
<h4><b>Gemalto third quarter 2018 revenue</b></h4> Gemalto recorded a strong increase in deplo...
Gemalto third quarter 2018 revenue
Gemalto recorded a strong increase in deployments of its secure connectivity solutions for IoT industrial applications. In the Smartcards & Issuance segment, the Payment business posted a solid performance driven by the first EMV renewal campaigns in the US and strong payment card deployments across other regions. The recent Apple announcement introducing eSIM technology in its new generation of iPhones was an important milestone. It should trigger an acceleration in the rate of activations that will benefit Gemalto’s eSIM solutions with Mobile Network Operators.
Press Release: https://is.gd/WoWcDW
<h4><b>purewrist® Announces Global Availability of Its Contactless MasterCard-Certified EMV Payme...
purewrist® Announces Global Availability of Its Contactless MasterCard-Certified EMV Payment and Transaction Wristband Based on NXP SmartMX Technology
Purewrist®, makers of a contactless payment and OEM transaction wristband, today announced the global commercial availability of its secure EMV-compliant, white-label payment platform, which recently received full certification from MasterCard. The wristband is based on NXP® Semiconductor’s SmartMX® platform for highly secure and fast data transactions with billions of ICs serving banks and government program around the world. Additionally with NXP’s MIFARE DESFire® solution, the wristbands can enable simple, secure access control, ticketing, public transportation, and brand loyalty.
The letter of approval (LoA) from MasterCard (MC) certifies the purewrist NFC contactless solution is fully CSI-compliant with Mastercard, enabling its use with M/Chip advance payment applications in any current EMV-based contactless payment transaction.
Press Release: https://is.gd/xGf2UC
<h4><b>UL International to Expand in Singapore – Focus on Cybersecurity, Inter-operability and Co...
UL International to Expand in Singapore – Focus on Cybersecurity, Inter-operability and Connectivity, and Sustainability Management
With its global headquarters in Northbrook, IL, USA, UL today announced that it is expanding its presence in the region through additional investment and by establishing Singapore as its international headquarters. The regional focus will strengthen UL capabilities in cybersecurity, inter-operability and connectivity, and sustainability management, aligning closely with the Singapore government’s vision of a Smart Nation.
UL International expansion plans include establishing a Global Cybersecurity Centre of Excellence and strengthening its brand protection and anti-counterfeiting capabilities in Singapore. Potential collaboration opportunities exist with the Cyber Security Agency of Singapore and the Interpol Global Complex for Innovation.
Other expansion plans include UL Ventures, the venture investment and acceleration arm of UL, which is aggressively seeking investment opportunities in digital manufacturing, autonomous systems, smart cities, digital health and cyber security and is working with SGInnovate and Entrepreneur First. Another focus growth area for UL International is in deepening Standards Development in this region.
Press Release: https://is.gd/XHsS7t
<h4><b>SPS offers new active anti-skimming security features for ePassports</b></h4> Smart Pac...
SPS offers new active anti-skimming security features for ePassports
Smart Packaging Solutions (SPS), introduces S-LOCK®, a new and active anti-skimming solution delivering additional security for citizen passport data.
SPS has taken into consideration both governments’ and citizens’ expectations and is proud to introduce S-Lock® (a patented solution) for electronic passports. S-Lock® is an innovative and active jamming device designed to protect citizens’ secure data from hacking through RFID waves.
S-Lock® solution can be added as an option for any passport inlay. S-Lock® device is based on the same material as SPS standard e-Boost antenna, with the same performance reliability. This solution has already been adopted by a major country government and volume deployment is ongoing. With this device, SPS widens its offer on its eBoost PASS® product line. SPS has already delivered passport inlays for more than ten counties, such as the Philippines, Algeria, France, Peru, Uruguay, Benin, Djibouti, ...
Press Release: https://is.gd/9fP9Rc
<h4><b>Update on the offer by Thales for Gemalto<b></h4> Reference is made to the joint press ...
Update on the offer by Thales for Gemalto
Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the "Offer"), the publication of the Offer Document, and the joint press release of Thales and Gemalto dated 10 August 2018 in relation to the further extension of the Acceptance Period. Terms not defined in this press release will have the meaning as set forth in the Offer Document.
The contemplated combination is progressing satisfactorily: 6 of the required 14 regulatory clearances have already been obtained, and the steps to obtain the remaining eight are well advanced.
Thales and Gemalto are discussing with certain antitrust authorities on remedy proposals to address their concerns with respect to the General Purpose Hardware Security Modules (GP HSM) market.
As a consequence, Thales and Gemalto now expect to close the offer in the first quarter of 2019. Thales and Gemalto continue to hold constructive discussions with the various regulatory authorities involved.
Press Release: https://is.gd/5gcUKY
<h4><b>UL Launches UL 3600, Starting the Development Process For the First Standard to Help Compa...
UL Launches UL 3600, Starting the Development Process For the First Standard to Help Companies Evaluate Circular Economy Efforts
UL introduced UL 3600, the certification document for Measuring and Reporting Circular Economy Aspects of Products, Sites and Organizations. Following a standards development process with stakeholders, UL 3600 will be the first standard that evaluates the circularity of companies’ material flows. Circular Economy is widely seen as an important aspect of company sustainability efforts because these initiatives can help companies continue to grow, while managing resource scarcity, supply chain volatility and changing global regulations. Companies can begin certifying to UL 3600 now.
UL 3600 helps address an urgent need for methods to measure circularity progress in light of global megatrends – including climate change, resource constraints, and bioaccumulation of toxic chemicals – that are already having significant impacts on human and ecosystem health.
In the meantime, UL’s certification document can be used to improve a company’s understanding of the material flows and the impact of those flows.
Press Release: https://is.gd/FW4kTh
<h4><b>Trusted Digital IDs – making the leap into a digital future</b></h4> A digital ID is th...
Trusted Digital IDs – making the leap into a digital future
A digital ID is the network- or internet equivalent of a person’s real identity, which is used for identification when accessing a service or performing a transaction on a computer, cell phone or other personal device. It includes a collection of electronically captured and stored identity attributes that distinguish a person within a given context.
In contrast to a simple username and password combination for instance, a trusted digital ID is created with verified attributes (like verified ID documents or biometrics), thus providing a certifiable link between an individual and their digital identity. These attributes may also include cross-referenced verification with third parties like government databases, credit card numbers, etc.
<h4><b>Workz and Truphone launch consumer eSIM solution for network operators </b></h4> This ...
Workz and Truphone launch consumer eSIM solution for network operators
This solution provides operators with the immediate capability to allow owners of eSIM-enabled devices such as the new iPhone (XS, XS Max and XR) and Apple Watch to connect to their network without the need for a physical SIM card.
eSIMs or embedded SIMs are a key component of cellular-powered Internet of Things (IoT) networks, enabling devices to have out-of-the-box network connectivity without having to purchase a SIM card separately. Users can simply turn on their devices and download the mobile plan of their choosing. The inclusion of the eSIM technology in this month’s launch of the iPhone XS, XS Max and XR has seen many market analysts predicting a rapid adoption of the technology worldwide. The complete cloud-based solution for mobile network operators is comprised of the provisioning platform and management of subscriber’s eSIMs.
Press Release: https://is.gd/zzaI6G
<h4><b>Gemalto and R3 pilot blockchain technology to put users in control of their Digital ID</b>...
Gemalto and R3 pilot blockchain technology to put users in control of their Digital ID
The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured answers to these simple yet critical questions. By creating and managing their own 'Self-Sovereign' Digital ID, users can enroll with a host of different digital banking, eCommerce and eGovernment services, without having to go through repeated due diligence processes for each of them.
Verified Digital IDs managed via a convenient mobile app
With Trust ID Network, user control is facilitated via the ID Wallet, a convenient and secure mobile app.
Banks can lead the creation of new Digital ID ecosystems
To comply with new regulations*, financial institutions must implement robust KYC (Know Your Customer) procedures, rigorous data privacy and protection as well as strong customer authentication.
Gemalto builds on the unique features of R3's Corda blockchain platform
It provides full privacy, security and immutability along with a streamlined integration for service providers and the ability to support mission critical identity services
Press Release: https://is.gd/DfBn05
<h4><b>Discover® Test Suite developed by Galitt is selected by ICTK</b></h4> Bureau Veritas IC...
Discover® Test Suite developed by Galitt is selected by ICTK
Bureau Veritas ICTK (ICTK Co., Ltd.), the global testing service & security solution provider, has selected a Galitt Terminal Test Suite: the contactless D-PAS Terminal Test Suite qualified by Discover® Global Network.
The laboratory ICTK has selected a Test Suite developed by Galitt: the contactless D-PAS Terminal Test Suite qualified by Discover® Global Network. These ready-to-use Test Suite implements the Discover D-PAS functional Contactless & C6 Test Plan with Discover D-PAS requirements for terminal configuration and Implementation Conformance Statement.
Galitt offers comprehensive and ready-to-use Test Suites to prepare accepting devices or cards for approval testing of International Schemes. The user-interface is specifically designed for processing of a huge number of Test Cases, and allows reducing considerably the time required for processing the full Test Plans.
Press Release: https://is.gd/5SoQJk
<h4><b>Visa, Mastercard in new settlement of credit card fee suit </b></h4> Visa and Masterca...
Visa, Mastercard in new settlement of credit card fee suit
Visa and Mastercard said Tuesday they will pay $6.2 billion to settle part of a long-running lawsuit brought by merchants over fees on credit card transactions.
A group of 19 merchants and trade groups alleged Visa and MasterCard conspired to fix fees that are charged to stores for handling credit card payments. Tuesday's settlement covers the monetary claims in the lawsuit.
Visa, MasterCard and a group of merchants reached a financial settlement in 2012, but some retailers and consumer groups objected and that settlement was ultimately thrown out by a federal appeals court.
<h4><b>Effective security concepts and solutions for smart homes- register now for webinar</b></h...
Effective security concepts and solutions for smart homes- register now for webinar
Smart homes' appeal is obvious. However, unprotected smart home devices are also a very attractive target for attackers. This is why security has to be integrated into smart home networks right from the initial system design phase.
In this webinar, Mixed Mode and Infineon Technologies showcase effective security concepts and solutions, and demonstrate just how easy it is to protect smart and connected homes using hardware security.
Date: 26 September 2018
Time: 10am CEST / 4pm SGT
Registration details: https://is.gd/SVcP21
Find out more about OPTIGA™ Trust X: https://is.gd/Enhy8p
<h4><b>Thales and Gemalto are granted Regulatory Clearance by the Committee on Foreign Investment...
Thales and Gemalto are granted Regulatory Clearance by the Committee on Foreign Investment in the United States (CFIUS)
Thales and Gemalto announce that they have received Regulatory Clearance from the Committee on Foreign Investment in the United States (CFIUS).
Thales and Gemalto continue to work constructively with the competent antitrust authorities to obtain the remaining Regulatory Clearances in Australia, for the European Union, in Mexico, in New Zealand, in Russia, in South Africa and in the United States. In addition, Thales and Gemalto are seeking Regulatory Clearance relating to foreign investments from the competent authority in Russia.
Press Release: https://is.gd/ntZFxs
<h4></b> Gemalto first semester 2018 results </b></h4> The Company’s revenue grew organically ...
Gemalto first semester 2018 results
The Company’s revenue grew organically +2%, driven by its three growing businesses in the Identity, IoT & Cybersecurity segment and as the US EMV market demand normalizes. The IoT business continued to leverage strong demand for Gemalto solutions in industrial sectors.
In December 2017 Thales and Gemalto reached an agreement on a recommended all-cash offer for all issued and outstanding ordinary shares of Gemalto. This offer was launched on March 27, 2018. Gemalto is working together with Thales towards achieving the regulatory and antitrust approvals required to complete the transaction. Thales expects the transaction to close by year end 2018, after it has secured all customary regulatory approvals and clearances.
Read more: https://is.gd/CGOkXW
<h4></b>Thales and Gemalto are granted Regulatory Clearance from the Competition Board in Turkey<...
Thales and Gemalto are granted Regulatory Clearance from the Competition Board in Turkey
Thales and Gemalto today announce that they have received antitrust Regulatory Clearance in Turkey. The decision of the Turkish Competition Board, which was notified today to Thales, is effective as of 27 August 2018.
Together with the anti-trust clearance obtained in China and Israel, and clearances relating to foreign investments in Australia and Canada, Thales and Gemalto have obtained 5 of the required 14 Regulatory Clearances.
As announced on 10 August 2018, the Acceptance Period has been further extended by Thales in accordance with an exemption granted by the Dutch financial markets authority (AFM) and will end two weeks after the fulfilment of the Offer Condition with respect to Regulatory Clearances or the waiver thereof (but no later than the Long Stop Date).
Press Release: https://is.gd/jT7Sdj
<h4><b>Debit card glitch means thousands charged twice</b></h4> Thousands of people in the UK ...
Debit card glitch means thousands charged twice
Thousands of people in the UK were charged twice for debit card payments. The error occurred due to an issue with a particular card terminal run by Cardnet, a joint venture between Lloyds Bank and First Data.
Money came out of bank accounts twice but transactions only showed up once on many shop, pub and restaurant receipts. However, customers are still being advised to check their statements and contact their bank if required.
Many people banking with different organisations were charged twice for spending money in shops, restaurants and businesses using Cardnet terminals as their way of taking payment. The majority of affected transactions involved Visa debit cards.
<h4><b>Thales and Gemalto announce Regulatory Clearance from the Minister of Innovation in Canada...
Thales and Gemalto announce Regulatory Clearance from the Minister of Innovation in Canada
Thales and Gemalto today announce that they have received foreign investment Regulatory Clearance in Canada. Together with the anti-trust clearance obtained in China and Israel, and clearance relating to foreign investments in Australia, Thales and Gemalto have obtained 4 of the required 14 Regulatory Clearances.
Thales and Gemalto continue to work constructively with the competent antitrust authorities to obtain the remaining Regulatory Clearances in Australia, for the European Union, in Mexico, in New Zealand, in Russia, in South Africa, in Turkey, and in the United States. In addition, Thales and Gemalto are seeking CFIUS approval in the United States and Regulatory Clearance relating to foreign investments from the competent authority in Russia.
Full Press Release: https://is.gd/yV3VvR
<h4><b>Infineon gears up for further growth</b></h4> Infineon's new office building supports t...
Infineon gears up for further growth
Infineon's new office building supports the effort to expand capacities at its Kulim wafer fabrication facility. This will allow the company to meet growing demand and strengthen its leading position in the power semiconductor market.
Infineon Technologies celebrated the opening of its new Office 2 administration block. The new building reaffirms Infineon's commitment to Malaysia as a strategic manufacturing hub for the company.
Structural business and market growth is driving the need to expand manufacturing capacities. To support this growth, the Kulim facility relies heavily on the rapid adoption of Industry 4.0 elements into its wafer fabrication process. This will enable the site to ramp significantly and deliver continuous quality and productivity improvements.
Infineon Technologies (Kulim), the company's first and only fab facility in Asia, is positioned as the competence centre for megatrend technologies focussing on automotive and power management, with a headcount of close to 2,600 employees.
<h4><b>Workz becomes region’s first GSMA-certified eSIM factory</b></h4> Workz Group, the mobi...
Workz becomes region’s first GSMA-certified eSIM factory
Workz Group, the mobile solutions and serialized software specialist based in Dubai Production City, has become the Middle East and Africa’s first manufacturer to be certified by the GSMA for production of the SIM with eUICC software – a key component in the Internet of Things sector that will enable the remote management of devices over cellular networks.
The security accreditation awarded to Workz provides mobile network operators, device manufacturers, technology enablers, and other businesses looking to benefit from the new IoT technology with a guarantee that its SIM chips are manufactured to the highest level of security and in compliance to international standards for compatibility.
The company currently employs over 250 full-time staff and last year manufactured over 1.5 billion telecom products such as SIM cards and scratch cards in addition to providing over-the-air remote management services for SIMs and IoT devices.
~ Source: https://is.gd/NEEJFP