NXP’s SmartMX2 chosen by The Industrial & Commercial Bank of China
NXP have today revealed that the world’s largest bank, the Industrial & Commercial Bank of China, has selected its SmartMX2 high security microcontroller to increase the security and performance of its banking cards. The new cards will have dual interface capabilities that will enable both contact and contactless payments.The
In addition to banking or credit cards, NXP’s SmartMX technology is used in eGovernment applications such as ePassports, citizen cards, electronic health cards and electronic ID cards, plus in public transport smart cards and in NFC-enabled mobile devices, representing one element of an end-to-end security system. NXP has shipped more than one billion SmartMX chips, including 86 out of the 102 countries with ePassport projects.
“As security and performance were the two biggest criteria for ICBC’s project, ICBC selected our solution after evaluating international and local vendors,” said Ulrich Huewels, vice president and general manager, business line card security with NXP Semiconductors. “Our SmartMX2 technology delivers proven security as well as industry-leading transaction times. Combined with the ensured interoperability with POS devices and ATMs across the world, SmartMX2 provides the best combination of security and performance available in the market.”
Based on trusted security, a complete product portfolio and the best contactless performance, NXP is the leader in the overall ID market as well as in key market segments such as transport ticketing, eGovernment, access, infrastructure, RFID/Authentication, payments and NFC. NXP provides the entire ID market with end-to-end solutions, enabling customers to create trusted solutions for a smarter life.
Visitors to CARTES 2012 (Paris, Nov. 6 - 8) can see NXP’s SmartMX technology in multiple solutions developed to authenticate identities and secure transactions (booth 4J027, Hall 4).
4th October 2012
NXP's SmartMX2 secure microcontroller recieves Common Criteria EAL6+ certification