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| Subject: Re: SCM expects to deliver prototype terminals deployment in Q3 2002. | |
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Author: PrototypeFINREADTerminalanysmartcardapplicationJuly 11, 2001 |
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Date Posted: 03:35:11 01/07/03 Tue In reply to: http://www.mellon.com.gr/links.html The Balcard Consortium 's message, "Re: FINREAD (Financial Reader)Use industry standards like CEPS" on 03:29:24 01/07/03 Tue SCM Microsystems Debuts Prototype FINREAD Terminal July 11, 2001—During a press conference in Brussels, Belgium, today, SCM Microsystems (Fremont, CA) will demonstrate a prototype terminal based on FINREAD specifications. The company claims the terminal is capable of running any smart card application. SCM touts this event as the first public display of a FINREAD terminal prototype which will provide a universal infrastructure for secure online applications. FINREAD, a consortium of financial institutions, has developed a series of requirements for intelligent smart card readers intended to support electronic commerce, home banking, and digital signature applications. SCM's FINREAD-compliant terminals use an open Java-based application interface and a K-Java Virtual Machine to enable total interoperability of multiple applications on any type of smart card across different vendors. When the application is not recognized, the terminal automatically downloads the secure applet from a trusted server. "FINREAD is establishing the specifications to provide European banks with one universal terminal infrastructure over which all online transactions can take place," said Robert Schneider, CEO at SCM Microsystems. "Open standards are crucial to the acceptance of smart cards and now the necessary infrastructure is in place for smart card issuers to run their cards and applications on any terminal. The end user benefits by having one terminal that can be used with multiple smart cards to download cash, shop online, check bills and healthcare records, or do whatever else is needed." SCM expects to deliver prototype terminals for pilots in Q4 2001 and FINREAD compliant terminals for widespread deployment in Q3 2002. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: FINREADfoundationEuropean consumers | expected implementations 1st 1/4 03.Oct. 29, 2002 | 03:42:59 01/07/03 Tue |
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