PBOC reports first counterfeit digital currency wallets
The People’s Bank of China (PBOC) has “found counterfeit digital yuan wallets on the market,” the head of the bank’s digital currency research institute Mu Changchun has revealed... More
Counterfeit
Case study: Distillery uses NFC tags to fight counterfeiting and build customer engagement
PARTNER NEWS: Tasmania-based Old Kempton Distillery is using HID Global’s Trusted Tag technology to combat counterfeiting of its whiskies and gins — and to drive personalized and ongoing engagement with customers after they make a purchase... More
University of Copenhagen develops phone-readable ‘fingerprint’ to combat counterfeiting
A transparent ink ‘fingerprint’ which can be sprayed onto products and read by a smartphone to combat counterfeiting has been developed by researchers at the University of Copenhagen... More
Visa reports 80% drop in card-present fraud at US chip-enabled merchants
Chip technology helped reduce counterfeit fraud by 80% — Visa — “Since the EMV shift, the adoption of chip technology has reduced card present (CP) counterfeit payment fraud by 80% at chip-enabled merchants… Over 3.1m merchant locations are now accepting chip cards… 98% of overall US payment volume in December was on EMV cards.”
NXP and Identiv announce breakthrough in NFC tag pricing
PARTNER NEWS: A new NFC tag inlay, jointly developed by NXP and Identiv, is now available to order at an “unrivalled” price of US$0.05 per unit, “enabling a new generation of smart products across a wide range of end markets where NFC may have been previously considered price prohibitive.”... More
Luxochain to use NFC and the blockchain to guarantee the authenticity of luxury goods
Luxochain combats counterfeiting with launch of authentication and tracking service of luxury goods on the blockchain — Luxochain — “At the stage of manufacture, all authentic luxury products will be fitted with an invisible and encrypted serial number (a Block ID). The ID is associated with a token that is uniquely identifiable, to which luxury brands will register on the blockchain. Once inputted, the information can never be altered from the outside. Certifying authenticity at the point of sale using blockchain technology, customers can scan the code and ascertain the authenticity of the product.”
Moooi adds NFC tags to its designer furniture to guarantee authenticity
Upmarket furniture, interior and lighting design brand Moooi is adding an in-house designed high security NFC tag to all its products to provide customers with a guarantee that they are purchasing an official Moooi product rather than a fake... More
HID Global expands investment in NFC brand protection solutions
PARTNER NEWS: HID Global is increasing investment in its NFC-based Trusted Tag brand protection service and expanding its network of solution providers around the world... More
NXP unveils high security NFC tags that let brands deliver digitally connected products at scale
PARTNER NEWS: NXP has launched two new NFC tags that incorporate both product protection and channel authentication security features, enabling brands to take advantage of the tag reading capabilities of both Android and iOS devices to roll out NFC-based customer communication and product authentication services at scale... More
Startup tracks fine art provenance using NFC tags and blockchain registry
A New York technology company is creating a blockchain-based registry of original art and using NFC tags attached to the works themselves to link the physical items to their digital identities. More
NXP supplies contactless and NFC chips for World Cup tickets and match balls
PARTNER NEWS: The contactless chips embedded in 2018 Fifa World Cup tickets and the NFC chips in the competition’s Adidas Telstar 18 official match balls have both been supplied by NXP, the chip maker has revealed... More
Alibaba invests in NFC product authentication for brands
E-commerce giant Alibaba has invested in NFC and RFID specialist Smartrac Technology Group and taken a seat on the company’s board... More
HID Global supplies RFID tickets to 2018 World Cup
HID Global scores big with smart and secure tickets for 2018 Fifa World Cup — HID Global — PARTNER NEWS — “The 2018 Fifa World Cup ticket is a smart ticket containing a radio frequency identification (RFID) inlay and manufactured with special security papers and integrates several security features designed to prevent counterfeiting and forgery… Attendees can simply tap their tickets to a reader to validate them and gain access to an event, speeding up admissions dramatically in high-volume events such as World Cup matches.”
NXP to host NFC for consumables and accessories webinar on 22 February
NFC for consumables and accessories — NXP — PARTNER NEWS — “NFC is a great way to identify and authenticate consumables and accessories in industrial and consumer products. Using NFC helps to ensure that only genuine parts are being used and allows to make adjustments of device settings according to part manufacturer, type and end user preferences. Join us in this session to learn how you can develop your own NFC product authentication solution with NXP products using the NFC Nutshell Kit.”
NFC Forum case studies show how NFC can be used to build new consumer experiences
A 20-page ebook that shows how developers and product designers are using NFC to deliver next generation user experiences in transportation, retail, marketing and product authentication, and the Internet of Things is now available to download from the NFC World Knowledge Centre... More
Visa reports 66% drop in fraud at US merchants equipped to accept chip cards
Counterfeit fraud at US chip-enabled merchants down 66% — Visa — “With EMV chip transactions continuing to grow in the US, counterfeit fraud volume decreased 66% at chip-enabled merchants in June 2017 compared to June 2015. US financial institutions have issued 462m chip cards to consumers, and 2.5m, or 55% of US storefronts, accept chip cards.”
Half of US stores are now equipped to process chip cards
Chip-enabled merchants up; Counterfeit fraud down — Visa — “As of the end of June 2017, 2.3m US merchant locations, 50% of storefronts, are chip enabled. And with more than 449m Visa chip cards in the country, representing 62% of Visa cards, counterfeit fraud has continued to decline — 58% at chip-enabled merchants in March 2017 when compared to March 2016.”
Researchers fight fakes with quantum fingerprints that can be checked with a smartphone
Researchers from Lancaster University have created an ID technology based on irregularities found in two-dimensional materials such as graphene... More
Quantum cheques could be a forgery-free way to move money
Quantum cheques could be a forgery-free way to move money — New Scientist — “Say Alice wants to pay Bob using a quantum cheque. She would have to go to the bank, verify her identity and then the bank would issue her with two qubits taken from its central quantum computer. These qubits are inextricably linked to the remaining qubits within the bank’s central computer – a quality known as quantum entanglement. Measuring the state of any one qubit in an entangled system will reveal the state of all qubits within that system. The bank can use this entanglement to verify that its coffers were the origin of a quantum cheque.”
US pop band adds NFC tags to merchandise range
Fans of US pop group Airspoken can now access music, videos and other digital content by tapping their NFC mobile devices against NFC tags embedded in the band’s merchandise, from t-shirts, stickers and hats to bracelets and more... More
