[Dave Birch] I went to Cambridge to hear a couple of talks on the state of payment card security. David Ware from RFI Global concentrated on contactless security. With the imminent start of contactless payment trials in the UK, this is important to us and our clients right now. Mike Bond from Cryptomathic gave a good overview of EMV security. This is a hot topic in the UK because of the media reports of the “Shell” breach and card cloning.

Technorati Tags: contactless, credit cards, debit cards, security

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These are the personal opinions of Consult Hyperion and its guests and should not be misunderstood as representing the opinion of its clients or suppliers. To discuss how any of the technologies discussed in this post can benefit your business, please contact Consult Hyperion.

[Dave Birch] Chris Skinner says, in last month’s issue of The Banker that “The march of biometrics is under way. Bankers should take their fingers out of their ears and start using them as a method of identification and authentication.”

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These are the personal opinions of Consult Hyperion and its guests and should not be misunderstood as representing the opinion of its clients or suppliers. To discuss how any of the technologies discussed in this post can benefit your business, please contact Consult Hyperion.

[Dave Birch]  A recent global survey by Unisys found that 69% of Europeans supported the use of biometrics for identification purposes.  This wasn’t out of deep-seated concerns about security and a balanced, but informed, perspective on biometric technology: it was, frankly, because of laziness: 83% of those supporting biometrics cited convenience, not security, as their main reason for wanting the technology.  The survey also found that rather than use PIN, ID cards or biometrics, one in 10 Asia-Pacific consumers would prefer to have a chip implanted in their body!

Technorati Tags: biometrics, contactless

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These are the personal opinions of Consult Hyperion and its guests and should not be misunderstood as representing the opinion of its clients or suppliers. To discuss how any of the technologies discussed in this post can benefit your business, please contact Consult Hyperion.

[Jane Adams] I’ve been doing a bit of surfing around the topic of user centric identity and frankly I’m confused. I think I understand the benefits of the concept but ultimately it seems rather meaningless to me.

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These are the personal opinions of Consult Hyperion and its guests and should not be misunderstood as representing the opinion of its clients or suppliers. To discuss how any of the technologies discussed in this post can benefit your business, please contact Consult Hyperion.

I predict that 2007 will be a significant year for smart ID cards. This will be the year in which significant numbers of standardised smart ID cards will be available in interoperable form from a significant number of suppliers.

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These are the personal opinions of Consult Hyperion and its guests and should not be misunderstood as representing the opinion of its clients or suppliers. To discuss how any of the technologies discussed in this post can benefit your business, please contact Consult Hyperion.

[Dave Birch] The BBC’s Money Box programme had a report about the RBS/MasterCard pilot of PayPass contactless debit cards in Edinburgh. I heard it on the radio on Sunday evening. The report was, I have to say, very positive. It definitely reinforced my feeling that something different is happening in retail electronic payments.

The one concern that was expressed by an interviewee was security, but the use of the extended EMV risk management parameters (eg, the offline “noCVM” counter) appeared sufficient to overcome the fears. Yes, I know the general public aren’t especially familiar with EMV risk management parameters, but they were interviewing bank staff who had been using the contactless debit cards.

Technorati Tags: cash, contactless, debit cards, security

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These are the personal opinions of Consult Hyperion and its guests and should not be misunderstood as representing the opinion of its clients or suppliers. To discuss how any of the technologies discussed in this post can benefit your business, please contact Consult Hyperion.