Program to ensure accurate encoding now includes STPay, a full range of ST EMV payment smart-card solutions
Geneva, September 23, 2015 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and a leading supplier of smart-card chips for over 30 years, announced today that it had entered into an agreement with Entrust Datacard to participate in its Card Validation Program (CVP). This program will allow ST to validate the compatibility of its STPay EMV smart-card solutions with Datacard® personalization solutions prior to full implementation.
ST is participating in the CVP program to make it faster and simpler for customers to deploy the Company's comprehensive STPay family of smart-card chips that are aimed at banking and other payment applications such as public transport.
"We are very pleased to be partnering with Entrust Datacard, as they are a known leader in the industry," said Marie-France Florentin, General Manager, Secure Microcontroller Division, STMicroelectronics. "The CVP program ensures that our chips are validated and work well with Datacard solutions, while it also gives our customers peace of mind when they know that their investment is tested and proven before production of their end-customers' cards begins."
Through this program, ST will be offering its extensive portfolio of STPay EMV payment smart-card solutions, including Java and Multos operating systems and covering a wide range of payment applications such as Visa, MasterCard, Amex, Discover, or JCB, in Contact and Dual-Interface modes. Based on the latest ST31 ARM ® SC000 processing platform, the STPay family provides one of the most comprehensive sets of solutions available today and comes with security certifications according to EMVCo and Common Criteria EAL6+ level.
"We are excited to be working with ST," said Jeff Davison, vice president of global solutions and professional services for Entrust Datacard. "Given the complexity and secure design of smart cards, it's imperative that card manufacturers and suppliers ensure that their cards are working with personalization systems on the market today and the CVP program provides that verification."
With the transition to smart-card technology, Entrust Datacard wanted to provide a service to its customers to help with mass-roll out of their card programs. They launched the CVP program to the market in 2014 to help their customers validate and test smart-card chips. To learn more about Entrust Datacard's Card Validation Program, please visit www.datacard.com (http://www.datacard.com/)/card-validation-program or www.st.com/stpaydatacard_prsep15 (http://www.st.com/stpaydatacard_prsep15)
About Entrust Datacard
Consumers, citizens and employees increasingly expect anywhere-anytime experiences - whether they are making purchases, crossing borders, accessing e-gov services or logging onto corporate networks. Entrust Datacard offers the trusted identity and secure transaction technologies that make those experiences reliable and secure. Solutions range from the physical world of financial cards, passports and ID cards to the digital realm of authentication, certificates and secure communications. With more than 2,000 Entrust Datacard colleagues around the world, and a network of strong global partners, the company serves customers in 150 countries worldwide. For more information, visit www.entrustdatacard.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 2014, the Company's net revenues were $7.40 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.
PR Contact for Entrust Datacard
Kristin Eckmann, Manager, Global Public Relations
Office: +1 303 754 2047 | Mobile: + 1 720 217 9739
kristin.eckmann@entrustdatacard.com (mailto:kristin.eckmann@entrustdatacard.com)
PR Contact for STMicroelectronics
Michael Markowitz, Director Technical Media Relations
+1 781 591 0354
michael.markowitz@st.com (mailto:michael.markowitz@st.com)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: STMicroelectronics via Globenewswire
