Technorati Tags: credit cards, debit cards, EMV, security
The march of chip & PIN continues. More than 340 million payment smart cards shipped in 2006, complying largely with the EMV standard. There has been a dramatic increase of the share of DDA (Dynamic Data Authentication) within EMV cards – which more than doubled – to now represent more than 27% of all EMV cards shipped in Q4 2006. Note: this dramatic increase has bypassed the UK, where almost all cards are SDA (Static Data Authentication). Open platform cards (comprising cards based on Java Card and Multos) now account for almost 10% of the global shipments and, most relevant to some of my recent work with card issuers in Europe, 12% of the cards shipped have their data storage capability enabled at issuance for value-added applications, such as: loyalty, access control, ticketing, etc. So, cards have better security (sufficient to add PKI and other security-based applications), they’re beginning to ship with more memory for non-payment uses and they’re starting to become multi-application platforms.
These opinions are my own (I think) and presented solely in my capacity as an interested member of the general public [posted with ecto]
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