- STPay-Boost IC combines hardware secure element with
proprietary NFC-boost technology for superior contactless
performance
- Fidesmo OTA personalization/tokenization platform completes the
solution as a turnkey payment system-on-chip
- Compact single-chip form factor ideal for smart watches,
wristbands, connected jewelry: confirmed by Swedish hybrid
smart-watch maker Kronaby
Geneva, Switzerland; Stockholm, Sweden, October 17, 2018
- STMicroelectronics (NYSE: STM), a global semiconductor leader
serving customers across the spectrum of electronics applications,
and Fidesmo, the contactless-services developer and Mastercard
Approved Global Vendor, have created a turnkey active solution for
secure contactless payments on smart watches and other wearable
technology.
The complete payment system-on-chip (SoC) is based on ST's
STPay-Boost IC, which combines a hardware secure element to protect
transactions and a contactless controller featuring proprietary
active-boost technology that maintains reliable NFC connections
even in devices made with metallic materials. Its single-chip
footprint fits easily within wearable form factors.
Fidesmo's MasterCard MDES tokenization platform completes the
solution by allowing the user to load the personal data needed for
payment transactions. Convenient Over-The-Air (OTA) technology
makes personalization a simple step for the user without any
special equipment.
"STPay-Boost, featuring our secure element and
performance-boosting active contactless technology, is a unique
single-chip payment solution that fits the design constraints of
wearable devices," said Laurent Degauque, Marketing Director,
Secure Microcontroller Division, STMicroelectronics. "Fidesmo's
personalization platform provides the vital ingredient to create a
turnkey payment solution that device makers can simply take and use
with minimal engineering and certification effort."
"Our cooperation with STMicroelectronics opens up a new market
for us with support for lightweight boosted secure elements, and
broadens choices for our customers," said Mattias Eld, CEO of
Fidesmo. "Together, we have created a unique offering that is sure
to impact the hybrid watch market and drive the emergence of
innovative new products such as wristbands, bracelets, key fobs,
and connected jewelry."
Kronaby, the Malmö, Sweden-based hybrid smart-watch maker, has
embedded the STPay-Boost chip in its portfolio of men's and women's
smart watches that offer differentiated features such as freedom
from charging and filtered notifications. The SoC with Fidesmo
tokenization enables Kronaby watches to support a variety of
services such as payments, access control, transportation, and
loyalty rewards.
Jonas Morän, Global Product Manager at Kronaby, said, "We have
achieved an intuitive and seamless user experience leveraging the
ability to communicate with the Secure Element in the watch using
Bluetooth. In addition, the ST/Fidesmo chip's boosted wireless
performance and compact size gives us extra freedom to style our
watches to maximize their appeal in our target markets."
STPay-Boost chips with Fidesmo OTA personalization are sampling
now to lead customers and are scheduled to enter production in
November 2018, priced from $3.50 for orders of 1000 pieces
(excluding Fidesmo license).
Notes for Editors:
The turnkey contactless payment SoC based on STPay-Boost greatly
simplifies the engineering challenges that face designers of
wearable devices, such as small dimensions and signal attenuation
by metallic materials. It also streamlines the transition from
development to production.
Proven security is a key benefit, leveraging established STPay
software and ST's secure element with Java-based secure operating
system (OS) as a hardware root of trust that saves independently
developing or integrating the payment OS. Existing security
certificates for the SoC mean only basic functional certification
of the new product is required.
Moreover, manufacturers can create an entire range of different
payment-capable products containing the same SoC, thereby
simplifying procurement and inventory management.
OTA personalization by the user, leveraging Fidesmo's
personalization platform, simplifies supply-chain management for
the device maker by eliminating personalization effort and any need
to supply equipment such as an adapter or cable with the
device.
In addition to enhancing the end-user experience, ST's
proprietary NFC-boosting active load modulation technology
simplifies RF design and accelerates time to market by ensuring
superior performance with little or no circuit optimization needed.
A small-size antenna can sustain robust and reliable wireless
connection, permitting smaller overall product dimensions and lower
power consumption resulting in longer battery life.
***
Kronaby is a contemporary connected watch brand from Sweden. The
synthesis of world leading engineering, state-of-the-art
Scandinavian design and Swiss watchmaking tradition has resulted in
a new generation of watches. The collection consists of four
classic models - Apex, Sekel, Nord and Carat - and 50 variants,
each with its own characteristics and purposely designed to fulfill
the users' objectives for many years to come. Kronaby is available
for purchase via www.kronaby.com and in selected stores throughout
Europe, US, Canada, Japan, and United Arab Emirates.
About Fidesmo
Fidesmo makes it possible to add payment and other contactless
services, such as public transport tickets, office/hotel keys, and
loyalty schemes, to a single card or wearable.
Fidesmo provides a streamlined integration process for
manufacturers to add contactless services to their devices and for
contactless service providers to distribute their services without
any hardware overhead to many devices. The company has been
recognized as a Mastercard Approved Global Vendor, is included in
the Mastercard Engage IoT Directory and among their customers are
Telia Company and Sunfleet.
Fidesmo was founded in 2013 and has its headquarters in
Stockholm and R&D offices in Madrid. Read more at
fidesmo.com
About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and
energy-efficient products and solutions that power the electronics
at the heart of everyday life. ST's products are found everywhere
today, and together with our customers, we are enabling smarter
driving and smarter factories, cities and homes, along with the
next generation of mobile and Internet of Things devices.
By getting more from technology to get more from life, ST stands
for life.augmented.
In 2017, the Company's net revenues were $8.35 billion, serving
more than 100,000 customers worldwide. Further information can be
found at www.st.com.
Media Contacts:
Michael Markowitz STMicroelectronics Director, Technical Media
Relations +1 781 591 0354 michael.markowitz@st.com
Mattias Eld Fidesmo CEO +46 730787307
mattias.eld@fidesmo.com
- STPay-Boost.pdf
- STPay-Boost IMAGE.jpg
STMicroelectronics NV (NYSE:STM)
Graphique Historique de l'Action
De Fév 2024 à Mar 2024
STMicroelectronics NV (NYSE:STM)
Graphique Historique de l'Action
De Mar 2023 à Mar 2024