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SMART PAYMENT ALLIANCE & SAGEM JOIN IN LEADING SMART CARD MANUFACTURERS
16 March 2005 - Sagem Communication
| SAGEM announces that it has joined Smart Payment Alliance, a new industry-wide association gathering the leading smart card manufacturers in the world, Axalto, Gemplus International S.A., Giesecke & Devrient, and Oberthur Card Systems. |
Created in January 2005, this non-profit association is dedicated to promote and facilitate the usage of chip-based cards to make payments. Its main objective is to accelerate the transition from traditional magnetic stripe cards to chip-based cards by: Promoting the benefits of smart cards for financial institutions Ensuring optimal interoperability between all system components, for both payment and value-added applications Establishing representation on standardization committees and within payment associations Describing use cases for value-added applications and, whenever necessary, establishing joint industry specifications for them The strategy of the Alliance is to position itself as a partner of EMVCo and to bolster Visa and MasterCard actions on EMV specifications and their implementation. Aiming to establish consistent specifications, the Alliance members will be involved in very focused workgroups. Meeting regularly, they will carry out projects to advance interoperability as well as develop additional smart payment solutions, which would be difficult to achieve without the concentration of such industrial knowledge. 'Joining Smart Payment Alliance will enable us to participate to promoting chip-based payment cards, but also to establish international specifications, thus improving both quality and security' declares Jean-Paul Jainsky, Managing Director of SAGEM's Security Division. Marc Birkner, chairman of the board of Smart Payment Alliance, adds: 'the success of the Smart Payment Alliance relies on a large base of experience in the chip card field. Therefore we welcome new entrants willing to contribute to the objectives'.
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About: Sagem Communication
Sagem Communication is organized in two Business Groups: Mobile Communication and Broadband Communication.Mobile Communication Sagem brand mobile phones enjoys a strong presence in world markets – Europe, Middle East, Africa, Asia and Latin America – thanks to continuous technological innovations, including build-in cameras, colour screens, multimedia messaging, WAP, GPRS, modules and modems, etc. The Mobile Communication Business Group operates a Research & Development center in Cergy, northwest of Paris, and a production plant at Fougères, in the Brittany region of France. Industrial and commercial partnerships with other telecom players have opened access to new international markets, including China and Brazil. China: a joint venture with Bird, the leading domestic manufacturer of mobile phones, called "Ningbo Bird Sagem Electronics Corporation Ltd". Brazil: a joint subsidiary with Gradiente, to handle the production and marketing of Sagem mobile phones. Broadband Communication The Broadband Communication Business Group designs, develops and produces a complete line of products for the high-growth broadband, video and printing markets. A proven capability for innovation led to technological breakthroughs that give Sagem products high-profile positions in these highly competitive markets: the first DLP flat-screen TVs in Europe, the first embedded image correction in terminals, DECT wireless phones with mobile phone functions (SMS, hi-fi ring tones, directory, etc.), TVs and set-top boxes with build-in card readers, etc. The Broadband Communication Business Group also deploys a Europe-wide network of subsidiaries, called National Sales Organization (NSO), that distributes Sagem brand products to all major European retailers. Sagem has signed a number of agreements with OEMs, meaning that Sagem products are used by the world’s leading brands and most European operators. |
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