Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

ST Achieves EMVCo Certification for Biometric-Payment Platform

- Advertisement -

The certification for STMicroelectronics’ STPay-Topaz-Bio confirms the security of the platform and its interoperability with payment systems

Global semiconductor leader STMicroelectronics recently announced the completion of EMVCo1 certification for its STPay-Topaz-Bio biometric payment card platform. The company said that the achievement makes STPay-Topaz-Bio and the underlying secure hardware the first one-stop-shop EMVCo-certified platform to comprise a biometric secure element and secure operating system (OS). It further indicated that Mastercard and Visa payment schemes certifications are expected by early 2023.

Notably, the certification confirms the security of the platform and its interoperability with payment systems. Through 2026, the biometric payment cards market is expected to grow at over 200% CAGR.

- Advertisement -

ST’s ST31N600 secure element IC claims to provide state-of-the-art defences for card-payment applications and sensitive processes. The official communication noted that STPay-Topaz-Bio comes co-packaged with ST’s STM32L443 ultra-low-power general-purpose microcontroller in a module compliant with EMV® specifications, and delivers a cost-effective Biometric System-on-Card (BSoC) solution. The STM32L443 handles non-sensitive aspects including managing the card’s fingerprint sensor module.

Marketing Director of the Secure Microcontroller Division of STMicroelectronics, Laurent Degauque commented, “Card issuers everywhere can now take advantage of our certified STPay platform to deliver new products to market quickly, protected by biometric authentication that is extremely robust as well as easy to use. The secure element IC that anchors this solution leverages our expertise in hardware security for computing and Internet-of-Things (IoT) applications and is built for contact and contactless transactions.”

Committed to becoming carbon neutral by 2027, STMicroelectronics is a leading semiconductor and integrated device manufacturer. ST claims to enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and connectivity.


 

- Advertisement -

Most Popular Articles

Aditya Ultra Steel Plans 5 MW Solar Plant, Reports INR 5.87cr Apr-Sept Profit

0
Aditya Ultra Steel Ltd. disclosed a net profit of INR 5.87 crore and a revenue of INR 312.39 crore for the initial six months...

IT Minister: Telangana Building Strong Semiconductor Ecosystem

0
On Friday, Duddila Sridhar Babu, Telangana's Minister for Information Technology, Electronics, Communications, and Industries, stated that the state government aims to establish a strong...

OEMs Suggest Incentives For E-Truck Subsidy Use In PM E-Drive Program

0
Stakeholders in the automotive industry, including representatives from Original Equipment Manufacturers (OEMs), have called on the government to concentrate on three to four critical...
Samsung, Chip plants

Samsung Outlines $7.17B Share Repurchase After Profit Drop

0
Following challenges in its semiconductor business and a 40% profit drop in Q3 2024, Samsung announced a $7.17 billion share buyback to enhance shareholder...
India Semiconductor Manufacturing

India Having High Chance To Create 1Mn Jobs In Semiconductor Industry By 2026

0
Consequently, investments in skilling and reskilling are expected to increase by 25 percent over the next 2-3 years. Reports now surfaced that with a...
John W. Mitchell, President and CEO, IPC

“India’s Core Focus On 5G, IoT, AI Fosters Need For Advanced Electronics,Components, And Semiconductors”...

0
Will Industry 4.0 supercharge India’s progress in semiconductor and electronics manufacturing? IPC President and CEO John W. Mitchell shared more strategies on the country’s...
Raman M., Co-Founder and CEO, chargeMOD

“Our Goal Is To Achieve Complete Sustainability By 2025-2026” – Raman M. Of chargeMOD

0
In a conversation with Nitisha Dubey from EFY, Raman M. of chargeMOD, elaborated his goal of developing virtual power plants by decentralising power production. Q....

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...

Space tech Startup Akash Secures $68M CHIPS Funding

0
Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

Industry's Buzz

Aditya Ultra Steel Plans 5 MW Solar Plant, Reports INR 5.87cr Apr-Sept Profit

0
Aditya Ultra Steel Ltd. disclosed a net profit of INR 5.87 crore and a revenue of INR 312.39 crore for the initial six months...

IT Minister: Telangana Building Strong Semiconductor Ecosystem

0
On Friday, Duddila Sridhar Babu, Telangana's Minister for Information Technology, Electronics, Communications, and Industries, stated that the state government aims to establish a strong...

OEMs Suggest Incentives For E-Truck Subsidy Use In PM E-Drive Program

0
Stakeholders in the automotive industry, including representatives from Original Equipment Manufacturers (OEMs), have called on the government to concentrate on three to four critical...
Samsung, Chip plants

Samsung Outlines $7.17B Share Repurchase After Profit Drop

0
Following challenges in its semiconductor business and a 40% profit drop in Q3 2024, Samsung announced a $7.17 billion share buyback to enhance shareholder...
India Semiconductor Manufacturing

India Having High Chance To Create 1Mn Jobs In Semiconductor Industry By 2026

0
Consequently, investments in skilling and reskilling are expected to increase by 25 percent over the next 2-3 years. Reports now surfaced that with a...

Learn From Leaders

John W. Mitchell, President and CEO, IPC

“India’s Core Focus On 5G, IoT, AI Fosters Need For Advanced Electronics,Components, And Semiconductors”...

0
Will Industry 4.0 supercharge India’s progress in semiconductor and electronics manufacturing? IPC President and CEO John W. Mitchell shared more strategies on the country’s...
Raman M., Co-Founder and CEO, chargeMOD

“Our Goal Is To Achieve Complete Sustainability By 2025-2026” – Raman M. Of chargeMOD

0
In a conversation with Nitisha Dubey from EFY, Raman M. of chargeMOD, elaborated his goal of developing virtual power plants by decentralising power production. Q....

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...

Startups

Space tech Startup Akash Secures $68M CHIPS Funding

0
Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...