Near-field communication

SUNRATE Brings Apple Pay to its Commercial Credit Card Customers

Retrieved on: 
Monday, April 8, 2024

HONG KONG, April 7, 2024 /PRNewswire/ -- SUNRATE, an intelligent global payment and treasury management platform, today brings its customers Apple Pay, a safer, more secure and private way to pay, and uses the power of iPhone to protect every transaction.

Key Points: 
  • When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers.
  • Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away.
  • SUNRATE commercial cards allow customers to settle card spends in more than 15 currencies, as well as customize key parameters such as card limits and expiration dates.
  • For more information on Apple Pay, visit: http://www.apple.com/apple-pay/
    For more information on SUNRATE, please visit https://www.sunrate.com/

SUNRATE Brings Apple Pay to its Commercial Credit Card Customers

Retrieved on: 
Monday, April 8, 2024

HONG KONG, April 8, 2024 /PRNewswire/ -- SUNRATE, an intelligent global payment and treasury management platform, today brings its customers Apple Pay, a safer, more secure and private way to pay, and uses the power of iPhone to protect every transaction.

Key Points: 
  • When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers.
  • Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away.
  • SUNRATE commercial cards allow customers to settle card spends in more than 15 currencies, as well as customize key parameters such as card limits and expiration dates.
  • For more information on Apple Pay, visit: http://www.apple.com/apple-pay/
    For more information on SUNRATE, please visit https://www.sunrate.com/

NFC Technology Driving Shift From Contactless Card to Device First Approach – ABI Research

Retrieved on: 
Thursday, April 4, 2024

Security, convenience and future digital wallet innovations cement the growing trend towards device first approaches.

Key Points: 
  • Security, convenience and future digital wallet innovations cement the growing trend towards device first approaches.
  • For the first time ever, the study found that the majority of consumers prefer to use their mobile phone or wearable to pay over a contactless card.
  • “The 2024 Study highlights a significant paradigm shift in the way that people use their contactless devices,” comments Andrew Zignani, Research Director at ABI Research.
  • As familiarity and understanding of NFC continues to grow, so too does demand for additional applications and use cases for the technology.

PSA Certified Announces New PSA Certified Level 4 Certification and Continued Partner Growth

Retrieved on: 
Thursday, April 4, 2024

Benefits of PSA Certified Level 4 iSE / SE Certification include:

Key Points: 
  • Benefits of PSA Certified Level 4 iSE / SE Certification include:
    PSA Certified Level 4 iSE/SE considers more sophisticated attack methods in scope.
  • A trusted subsystem that achieves PSA Certified Level 4 iSE/SE can be used through composition in a PSA Certified Level 3+SE certification of the full PSA RoT security functionality.
  • The PSA Certified Level 3 document has been updated to allow this new certification level.
  • The first partner to aim for the PSA Certified Level 4 iSE/SE standard is Infineon , showcasing its commitment to developing IoT devices to the highest security-by-design standards.

Solid State Cooling Market worth $1.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 27, 2024

Solid state cooling market for electrocaloric technology to hold the highest CAGR during the forecast period.

Key Points: 
  • Solid state cooling market for electrocaloric technology to hold the highest CAGR during the forecast period.
  • Solid state cooling market for thermocycler type to hold the highest CAGR during the forecast period.
  • Solid state cooling market for automotive vertical to hold the highest CAGR during the forecast period.
  • These players have a strong market presence for Solid state cooling s across various North America, Europe, Asia Pacific, and RoW countries.

Near field communication (NFC) chips market size to grow at a CAGR of 12.78% by 2027, Technavio

Retrieved on: 
Tuesday, March 26, 2024

The market is witnessing a notable trend towards smart parking solutions, wherein NFC technology plays a central role.

Key Points: 
  • The market is witnessing a notable trend towards smart parking solutions, wherein NFC technology plays a central role.
  • Despite its rapid growth, the NFC Chips market faces challenges stemming from low awareness of NFC technology in certain regions.
  • Major companies in the NFC Chips market are implementing various strategies including alliances, partnerships, mergers, acquisitions, and product/service launches to bolster their market presence.
  • The Near Field Communication (NFC) chips market is experiencing exponential growth, fueled by the increasing demand for contactless payment systems and wearable technology.

Socket Mobile Reports Fourth Quarter 2023 and Full Year Results

Retrieved on: 
Tuesday, March 5, 2024

Fourth Quarter 2023 Financial Highlights:

Key Points: 
  • Fourth Quarter 2023 Financial Highlights:
    Revenue of $4.4 million, a 15% decrease compared to $5.2 million in the comparable prior year quarter and a 37% increase sequentially compared to $3.7 million in Q3 2023.
  • Gross margin of 52.8% compared with 49.3% in the prior year quarter and 44.2% in the preceding quarter.
  • Full Year 2023 Financial Highlights:
    Revenue for the full year of 2023 was $17.0 million versus $21.2 million in 2022, a decrease of 20% year-over-year.
  • The management of Socket Mobile will hold a conference call today at 2 P.M. Pacific (5 P.M. Eastern) to discuss the quarterly and year-end results and outlook for the future.

SEALSQ Unveils AIoT Strategy with WISeAI.IO at Davos AI Roundtable

Retrieved on: 
Thursday, January 18, 2024

Davos, Switzerland, Jan. 18, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced its innovative AI strategy during the Artificial Intelligence (AI) Roundtable at Davos.

Key Points: 
  • Davos, Switzerland, Jan. 18, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced its innovative AI strategy during the Artificial Intelligence (AI) Roundtable at Davos.
  • The AIoT system functions as the central brain of the SEALSQ Ecosystem, which currently consists of over 1.6 billion semiconductor powered devices.
  • In conjunction with its AI strategy announcement, SEALSQ hosted a successful roundtable discussion titled "Decentralization: AI Unleashed: Ensuring Safety and Leveraging Decentralization" at the Hotel Europe in Davos, featuring a diverse panel of experts, including AI researchers, ethicists, technology professionals, and policymakers.
  • Establishment of Ethical AI Guidelines: The roundtable emphasized the need for universal ethical standards in AI development and deployment.

KuCard, The Crypto Visa Card by KuCoin, Brings Apple Pay to Customers

Retrieved on: 
Tuesday, January 23, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240123979413/en/
    KuCard, the first crypto debit card introduced by KuCoin, a top 5 global cryptocurrency exchange, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.
  • Apple Pay makes it easier to pay for food and grocery deliveries, online shopping, transportation, and parking, among other things.
  • When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers.
  • Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away.

Software can enable Digital Euro offline payments on existing devices ensuring common access

Retrieved on: 
Thursday, January 25, 2024

DUBLIN, Jan. 25, 2024 /PRNewswire/ -- Reliance on new devices can greatly restrict Digital Euro access and can exclude a large proportion of citizens who do not use contactless devices.

Key Points: 
  • DUBLIN, Jan. 25, 2024 /PRNewswire/ -- Reliance on new devices can greatly restrict Digital Euro access and can exclude a large proportion of citizens who do not use contactless devices.
  • Integrating both software and hardware components reduces device obsolescence and allows Eurozone users to access the Digital Euro from any device.
  • The Digital Euro might offer dual protection, including a crisis-averting mechanism if either hardware or software fails.
  • "Fluency is of the opinion that the most viable path to Digital Euro adoption is to enable 24/7 access to safe and secure offline payments through durable and upgradable software, as it provides quality access which is not encumbered by potentially expensive new hardware.