Bull Announces SmartPurse; Turnkey Solutions for "Electronic Purse" Systems.PARIS--(BUSINESS WIRE)--Oct. 27, 1998--At the "Cartes'98" exhibition to be held in Paris from 27 to 29 October, Bull will be presenting its comprehensive, integrated "SmartPurse", electronic purse solutions. An all-in-one solution The SmartPurse solutions include all the components needed to implement an electronic purse system. The first solution presented by Bull uses the Proton technology and includes: -- Microprocessor cards, equipped with the Proton electronic purse (e-purse) application developed by Bull -- Personal readers marketed by Xiring, a Bull subsidiary -- Solfeo, Amadeo, and Alto payment terminals -- Reloading Reloading A term lenders commonly use to refer to the habits of borrowers taking out loans to repay the balance on other loans. Often reloading is done to take advantage of lower interest rates offered by other loans, and potential tax benefits. terminals for e-purse cards, developed by Banksys -- NT servers, equipped with the electronic purse application developed by PWI PWI Pro Wrestling Illustrated (magazine) PWI Projects with Industry PWI Permanent Way Institution PWI Perfusion-Weighted Imaging (application of magnetic resonance imaging) PWI Posting While Intoxicated (Proton World International), a Banksys subsidiary -- Customer services including installation, deployment and support. "SmartPurse is based on the wide-ranging, established know-how of Bull, an international Information Technology group, recognized for its capacity for technological innovation and expertise in integration. The Smart Purse solution harnesses this know-how to that of Bull Smart Cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. & Terminals, world leader in the field of electronic purses," said David Levy David Levy may refer to:
Multiple benefits SmartPurse is aimed at large organizations such as banks, retail chains, transport companies, and universities, wishing to take advantage of electronic purse facilities. By replacing the use of cash and cheques, SmartPurse facilitates small amount payments, improves customer relations, encourages loyalty, and consequently leverages increased sales. Security is guaranteed at all stages, from card presentation to crediting the account. Costs linked to handling cash and theft are reduced. The electronic purse also cuts out some of the disadvantages linked to the use of debit-credit cards for small amounts: the high cost of real-time communication, excessive transaction times, tax paid on each transaction. Large organizations can use the e-purse system for a very broad range of activities, where payment is typically made with coins or small value notes: -- Local stores including newsagents, bakeries, grocers, fast foods -- Dispensers: drinks, confectionery confectionery, delicacies or sweetmeats that have sugar as a principal ingredient, combined with coloring matter and flavoring and often with fruit or nuts. In the United States it is usually called candy, in Great Britain, sweets or boiled sweets. -- Ticket machines: car parks, public transport, time stamps See timestamp. , cinemas -- Indoor or outdoor public telephones -- Mobile activities: taxis taxis (tăk`sĭs), movement of animals either toward or away from a stimulus, such as light (phototaxis), heat (thermotaxis), chemicals (chemotaxis), gravity (geotaxis), and touch (thigmotaxis). , home delivery services. An electronic purse for $ 24 per person Example of SmartPurse configuration for 20,000 people including: -- The Proton NT license -- The license for the Tuxedo transactional monitor -- The Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. server -- The security access modules -- One electronic purse card per person -- 200 electronic payment terminals -- The integration, support and deployment services. Total cost: $ 473,000. SmartPurse is distributed in the 85 countries where Bull has operations. The world-wide e-purse market E-purse technology started in 1994 with the development by Bull of a reloadable multi-issuer, multi-provider, multi-service electronic purse card: the CC 60, a new application of the CP8 technology. Electronic purse systems, aimed at replacing hard currency, must have very sophisticated built-in security mechanisms. The Bull card, based on Bull's experience in the field of microprocessor card security, meets these demands. It includes strongly secured payment transaction and loading functions, and the latest encryption algorithms A formula used to turn ordinary data, or "plaintext," into a secret code known as "ciphertext." Each algorithm uses a string of bits known as a "key" to perform the calculations. The larger the key (the more bits), the greater the number of potential patterns can be created, thus making . The whole system developed around this card is traceable and auditable: all transactions are recorded, thereby making it possible to detect any attempted fraud. The Proton system has been developed by Banksys, the Belgian national operator in payment systems, specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. in transaction systems. About Bull Smart Cards & Terminals Bull Smart Cards & Terminals is the industry leader in the field of secured financial transactions. Bull designs, develops and markets global smart card solutions for financial, loyalty, transport, telecommunications, healthcare and other applications. Products include contact-contactless cards plus a full range of general purpose and EFT/POS terminals, automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. , as well as associated software and services. Bull Smart Cards & Terminals is the acknowledged industry leader in research, development and security related to smart cards & related terminals. The company is also the worldwide leader in electronic purse cards. Since inventing the microprocessor smart card in 1976, Bull has obtained more than 1200 patents in the field, and has received certification for smart card security that is the highest level ever achieved by a smart card. In 1997, Bull Smart Cards & Terminals earned revenues of 1416 million of FF ($280 million). By relying on Bull international network, the division achieves 80% of the revenue abroad with a strong position in Europe (80%). About Bull Bull is an international I.T. group based in Europe with 21,000 people and operations in nearly 100 countries. In 1997, Bull earned revenues of $4.2 billion including over 65% outside of France, its country of origin. Bull offers a wide range of systems, infrastructure software and I.T. services, through focused innovation, alliances with the best partners and its own integration expertise. In its industry, Bull is recognized for innovative products including Escala family of open servers, smart cards and software such as OpenMaster for secure management of systems and networks. In I.T. services, Bull is ranked in Europe as the third largest systems integrator An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. and fifth in maintenance and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . Information on Bull is available at: http://www.bull.com More information on these activities can be found on the World Wide Web at: http://www.cp8.bull.net, on Groupe Bull Groupe Bull (also known as Bull Computer or simply Bull) is a French computer company based in Les Clayes-sous-Bois, outside Paris. The company has also been known at various times as Bull General Electric, Honeywell Bull, CII Honeywell Bull at: http://www.bull.com CP8 is a trademark of Bull S.A. All trademarks, service marks and company names are the property of their respective owners |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion