Global digital security firm Thales announced that it is the first company to achieve the highest international security standard ‘Common Criteria’ for its mobile ID software. The Common Criteria certification is an objective series of evaluations aimed at validating that a particular product or system meets a pre-defined level of security. Thales’ Gemalto Mobile ID…
Thales has teamed up with Docaposte to upgrade the security of La Poste’s Identité Numérique mobile app. Docaposte is the digital subsidiary of La Poste, and is spearheading the collaboration between Thales and the French postal service provider. To that end, Docaposte will integrate Gemalto’s two-factor mobile authentication technology into the Identité Numérique mobile app.…
Thales is collaborating with the Queensland Department of Transport and Main Roads (TMR) to launch Australia’s first Digital Driver’s License. The smartphone application will make its debut with a 2020 pilot on the Fraser Coast before expanding to the rest of Queensland’s 3.7 million citizens. The application is built with Gemalto’s Digital ID Wallet, which…
Thales has shed some light on the future of cybersecurity with a new blog post that explains how the financial industry is leveraging tokenization technology to reduce the threat of data breaches and online credit card fraud. The company notes that while PINs and chips have lowered the amount of fraud that is carried out…
“Like other emerging biometric payment cards, the Cornèrcard Biometric Gold Visa supports contactless payments and is designed to harvest energy from payment terminals.” Switzerland has become the site of one of the very first commercial launches of a biometric payment card. It’s a significant development, though it is on a small scale. Cornèrcard has launched…
“The new payment cards have been developed in partnership with Mastercard and Gemalto, the digital security specialist acquired by Thales earlier this year.” Fingerprint Cards‘ fingerprint sensor technology is in play in NatWest’s biometric credit card trial, the company has confirmed. The pilot program was just launched by the British bank, expanding its exploration of…
Thales and Verint have joined forces to publish The Cyberthreat Handbook, a comprehensive guide to the international cybersecurity landscape. The Handbook examines approximately 60 major groups and 490 individual attack campaigns, offering details about the motive, methods, and targets of the world’s most prominent cybercriminals. The two companies are hoping that the Handbook will help…
The electronic money issuer Treezor has deployed the SafeNet Data Protection On Demand (DPoD) platform from Thales to protect the personal and financial information of its users. The cloud-based HSM service will allow Treezor to remain compliant with data protection regulations like GDPR and the Mastercard network. “The financial industry is one of the most…
Gemalto has released a new Digital ID Wallet that holds electronic ID documents instead of cash. The mobile app allows people to store and access the digital versions of identity documents like health cards, identity cards, and driver’s licenses directly on their smartphones, consolidating multiple forms of identification in one convenient place. “The Digital…
The global market for e-passports is going to surge over the next few years, according to a new report from Technavio. The market research firm forecasts a CAGR of 21 percent between 2019 and 2023, equating to $23.93 billion in growth. In a report summary, a senior Technavio analyst explained that an increasing number of…
“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…
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…
“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…
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…
