Following media speculation that it is the subject of a takeover bid from Oberthur Technologies, troubled UK banknote manufacturer De La Rue has confirmed it has received a "highly preliminary and opportunistic approach".
Oberthur Technologies, a leading innovator in the fields of payment cards, SIM cards and related services, now offers issuers a range of design services.
Seven leading players in the Near Field Communication (NFC) ecosystem, Ericsson, Gemalto, NXP, Oberthur Technologies, STMicroelectronics, Venyon, a company in the Giesecke&Devrient group, and ViVOtech, today joined forces to form the MIFARE4Mobile™ Industry Group. The aim of the group is to enable its members to collaborate and work together to standardize and advance the uniform management of MIFARE™ applications on NFC-enabled secure elements, such as SIM cards, and mobile phones.
US giant Citi has begun offering customers contactless payments stickers that can be attached to the back of mobile phones.
Crédit Mutuel-CIC, Gemalto and NRJ Mobile have teamed up on what they claim is Europe's first commercial roll-out of contactless mobile payments services, in Nice.
Oberthur Technologies, a leading innovator in the field of payment cards and related services, has worked closely with BGZ bank in Poland to launch Smart PIN, a service which enables PIN codes to be securely delivered to cardholders' mobile phone handsets via SMS.
Oberthur Technologies has posted full year revenues of EUR904.6 million, up 2.5% on 2008, and revealed that its holding company has received capital investment from Brussels-based Sofina.
Oberthur Technologies, the world's second largest provider of smart cards solutions announced today a partnership with Utiba, a leading supplier of mobile commerce platforms to create a complementary suite of secured Mobile Money Services and Money Transfer Solutions to mobile operators and financial institutions.
Smart card manufacturers Giesecke & Devrient GmbH (G&D) and Oberthur Technologies S.A., and chip suppliers Infineon Technologies AG (FRANKFURT: IFX) (OTCQX: IFNNY) and Inside Contactless S.A. today announced they have launched an industry initiative to provide a new security solution for next-generation smart card-based public transport applications.
Oberthur Technologies has acquired a service centre in Bogotá from local vendor Dyetron in a bid to take advantage of Colombia's EMV migration programme. Financial terms of the deal were not disclosed.
© Finextra Research 2013