NatWest’s and Royal Bank of Scotland’s trials of biometric payment cards have kicked off with a bang, with card supplier Gemalto and its partners having organized media launch events in London and Edinburgh. First announced in early March, the trial programs are being conducted in collaboration with Visa. The fingerprint-scanning cards themselves, provided by Gemalto,…
“The trial program is a significant development for Fingerprint Cards, which has looked to the emerging biometric payment cards market as an important new business area… “ The UK bank NatWest has started its trial of biometric payment cards, and Fingerprint Cards technology is playing a role, the latter has announced. News that NatWest would…
“Now, since it holds over 95 percent of Gemalto’s shares, Thales has been following through on its statutory obligation to buy out the remaining shares in order to attain a 100 percent shareholding.” Just a little over 97 percent of Gemalto shares have now been tendered to Thales‘ acquisition offer, the companies have announced. It’s…
After months of negotiations, Thales has finally completed its acquisition of Gemalto. The final price tag was €4.8 billion, and increases Thales’s revenues to €19 billion for 2018. “With Gemalto, Thales has acquired a set of highly complementary technologies and competencies with applications in all of our five vertical markets,” said Thales Chairman and CEO…
It’s official: Thales and Gemalto are merging. With the March 28th deadline for Gemalto shareholders to accept Thales’ acquisition offer now passed, the companies report that 85.58 percent of shares have been tendered, rendering the deal unconditional. As of April 1st, Gemalto will be consolidated into Thales’ financial statements, while payment of the share offer…
Gemalto has forged a new eSIM partnership with VIVA Bahrain, the leading telecom provider in the Kingdom. Specifically, the digital security company will be providing VIVA Bahrain with a subscription management platform that allows for the remote activation of eSIM devices. “We adopt innovative trends in technology to enhance our customers’ experiences,” said VIVA Bahrain…
“Organizers with the GSMA say they expect MWC19 Los Angeles to attract over 22,000 attendees…” Riding on the high of this year’s Mobile World Congress in Barcelona, GSMA organizers have announced details for this year’s big American event. Mobile World Congress Americas has been rebranded “MWC19 Los Angeles” for this year, though it will retain…
Thales is now ready to move ahead with its acquisition of Gemalto, even if the merger has not obtained all of the global regulatory clearances yet. The companies have announced that Thales is waiving the Offer Condition pertaining to antitrust and foreign investment regulations in Russia, the last remaining country in which the merger has…
Zwipe has issued its results for the 2018 fiscal year, and it appears that sales were way up, coming in at NOK 2,276,000, compared to sales of NOK 1,073,000 in 2017. But operating expenses were up too, at NOK 72,622,000 against NOK 53,331,000 in 2017; and the company’s net result for 2018 came in at…
“Participants in the pilot will need to register their biometrics at a physical bank branch, but NatWest says it’s exploring ways to enable remote biometric registration.” A major UK bank is about to become the latest to trial biometric payment card technology from Gemalto: NatWest has announced that it will pilot the technology with 200…
“The companies say that together with the antitrust and foreign investment clearances they have received from authorities in Australia, Canada, China, the European Union, Israel, Mexico, New Zealand, South Africa, and Turkey, as well as the CFIUS, they now have 12 of the 14 regulatory approvals needed for their merger.” Only two more regulatory clearances…
“The approval is dependent on Thales’ agreement to sell off its Hardware Security Modules business, a condition that was also set by other regulatory authorities, perhaps most notably the European Commission.” Thales and Gemalto are now on the cusp of sealing the deal for their proposed merger: The companies have announced that Thales’ offer to…
As it works toward commercially launching biometric payment cards, Gemalto has ordered fingerprint scanning technology from Fingerprint Cards. More specifically, Gemalto is leveraging Fingerprints’ T-Shape fingerprint sensor module and its recently announced Biometric Software Platform in the continuing development of payment cards that can scan a user’s fingerprint for authentication during transactions. Announcing the order…
One of the world’s leading digital security firms is expanding its partnership with the Province of Québec. Gemalto has announced that it will be creating new health insurance cards for the Régie de l’assurance maladie du Québec (RAMQ), adding the RAMQ’s 2.3 million health cards to the 1.7 million Québec driver’s licenses the company already…
New research from Gemalto is highlighting the security risks associated with the Internet of Things, and raising a call for government intervention to help protect businesses. Reporting on the results of surveys of 950 IT and business executives, Gemalto has concluded that only about half – that is, 48 percent – of businesses are actually…
A new collaboration between Gemalto and AT&T could help to boost the development of the Internet of Things. Gemalto has integrated an AT&T eSIM into its Cinterion EMS31 LTE-M module, which is itself designed for integration into IoT devices. Low Power Wide Area Networks offer a high level of power and bandwidth efficiency, making them…
China’s largest bank is sticking with Gemalto for its payment cards, with the latter announcing that ICBC has awarded it a three-year contract. The agreement concerns major card brands including Amex, China UnionPay, JCB, Mastercard, and Visa. In a statement announcing the agreement, Gemalto highlighted the popularity of payment cards in China, noting that almost…
Thales and Gemalto have cleared another two hurdles in their race to get approval for their proposed merger: The companies have announced that they have received clearances from the Australian Competition and Consumer Commission and Mexico’s Comisión Federal de Competencia Económica. The news comes only a week after the companies’ announcement that they had attained clearance from…
Thales and Gemalto have attained another clearance for their proposed merger, this time from the New Zealand Commerce Commission. The approval comes hot on the heels of one from the European Commission announced earlier this week. As in that case, Thales and Gemalto noted in a statement that the clearance has arrived “following Thales’s commitment to…
