Category Archives: Gemalto

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Partnering With Startups – The Road to Innovation

Category : Gemalto

Until recently, established enterprises and startups addressing the same customer issues saw each other as competitors. However, due to the rapid technological evolution and adoption, today it’s more important than ever before to be more open and be able to see startups as potential partners rather than a threat. Through partnerships, you’ll be able to properly harness the exciting technological and service innovations we’re witnessing every day.  In a recent blog, we explored the reasons for banks and fintechs to collaborate.  Now, we would like to share more about our own experience working with disruptive players and go through some of the key reasons why any business should strongly consider working with startups.

Culture

From a cultural perspective, we’ve found that startups enhance traditional approaches and reinvigorate established teams, creating room for creativity and innovation, and driving new ways of thinking. For example, in the banking and payments sector, we’re seeing next-generation technologies such as blockchain and machine learning-driven fraud prevention solutions taking center stage and progressively replacing solutions that have been in place for decades. Many startups we’ve collaborated with pride themselves on having a deep understanding of the emerging technologies and customer pain points, so engagement with their experts will prove valuable for your business and offer new insights from a different perspective.

Focus

As a global company, we have a large portfolio and work across a very wide range of industries all over the world. In contrast, startups tend to focus on one area only, which makes them more agile and able to develop and react faster to new technologies. As an established player, we can help them better understand the ecosystem, compliance requirements and potential challenges to gain scale. This means that the collaborative process can be very helpful for both parties.

For example, our strategy team regularly collaborates with fintech startups, as they can prove to be good partners to address fast-changing feature needs thanks to their focused expertise. A key priority for us is to make sure our banking and payments solutions meet new requirements related to Open Banking initiatives and new regulations such as PSD2. As part of this, we work with different types of fintech startups to ensure end-users enjoy a secure and frictionless end-to-end experience when using their preferred app to access banking services. The final result of this is that startups and our teams can address joint opportunities and benefit, as well as the end-users relying on our solutions.

We’ve also found that collaboration can be also very efficient when working on solutions for specific local market requirements. Our regional teams, for instance, create partnerships with local hubs to share knowledge and build offers for their market requirements.

New ways to market

Additionally, fintech startups can be important channel partners for large companies in the financial services sector. They offer a unique user experience and/or a combination of services which can be integrated with core technologies for bigger impact. As we recently mentioned in an article for Fintech Times (page 9): “For instance, we provide “banking as a service” platforms with proven KYC, authentication, and payment solutions, which they can integrate into a comprehensive banking offer.

Due to their large size, enterprise corporations can offer in return better access to market opportunities for startups. In addition, they can also provide core expertise and resources, to drive startup development in their industry.

Conclusion

In our experience, it’s clear that collaboration between startups and larger enterprises is mutually beneficial, but for this partnership to succeed, it is crucial that both parties have a good understanding of the opportunities to be gained from successful collaboration. Startups should be no longer exclusively be seen as a threat, as many can offer new perspectives on efficiency problems and provide enhanced technical insight, hugely needed to succeed in the fast-moving world we live in. And from a startup perspective, they can benefit greatly from their collaboration with larger corporations, as they get access to wider expertise, further knowledge, and market opportunities that wouldn’t normally be available to them.

What do you think about partnerships between startups and larger enterprises? Let us know by tweeting to us @Gemalto or leaving a comment in the section below.

Source: https://blog.gemalto.com/corporate/2017/10/09/partnering-startups-road-innovation/

Author: Emilie Casteran


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Building a Case for Legislating IoT Security

Category : Gemalto

Earlier this summer, US lawmakers proposed a new legislation that will seek to address vulnerabilities in Internet of Things (IoT) devices. The IoT Cybersecurity Improvement Act would require vendors that provide internet-connected equipment to the US government to meet a set of basic security requirements that limit the risk of exploitation and cyberattacks.

Some might ask why we need legislation to protect the IoT – after all, it hasn’t been required in many other areas of technology. Most importantly, the significance of this legislation is that it provides evidence for the government’s growing concern for cybersecurity. But there are a number of reasons why it can be a good idea.

To create a set of common rules

The Act is focused on the US government’s procurement of IoT devices, and suggests several key security rules, notably:

  • Ensure all devices sold to the US government are patchable
  • Require IoT vendors to not include hard-coded passwords that can’t be changed
  • Require devices to be free from known security vulnerabilities

These are important to stop repeats of the Mirai attack that compromised chronically insecure internet-connected devices in 2016 and impacted the whole internet with a snowball effect. Ensuring that devices are always patchable and passwords can always be changed would go some way to helping to shut down a similar attack. And although the legislation is designed principally to protect the US government, the same principles could be hugely beneficial for IoT security at home or in the enterprise.

To help inexperienced companies

It’s important to remember that the IoT is not just restricted to technology companies. Companies in any sector could conceivably become IoT vendors – whether they make toasters or clothes or anything else. These companies do not necessary have the security heritage or expertise they need, also their market may not be able to stand the additional costs that would require. Similar rules would help them understand what’s required and stop products being released before they are fully protected.

To extend security updates practice to any connected-product

People generally understand that their computers or smartphones often need software updates to close security gaps – but asking them to do the same with other types of connected device – e.g. a smart hi-fi system or connected washing machine – might not be as fruitful, as consumers are simply not used to having to update these types of appliance. And while devices like laptops and smartphones are typically replaced quite regularly, other connected devices could be used for years – meaning that companies need to be prepared to protect them over a longer term. So, this legislation could be an important first step in ensuring that manufacturers make life as simple as possible for consumers buying into the IoT and contributing to the global web safety.

To continue building the ecosystem

The IoT is all around us and is already making our lives more convenient. By the end of this year there could be as many as 8.4 billion connected devices, while Gardner predicts that spending on IoT services and endpoints is set to reach almost $20 trillion by 2020. These statistics speak about the huge potential of IoT and how quickly it’s becoming part of our everyday lives. Not to mention that IoT is the foundation for the driverless car and the smart city of the future. However, getting IoT security right is paramount if we are to realize its huge potential – and more high profile cyber incidents could dent confidence or dampen consumer interest.

The focus of the proposed legislation was echoed at the recent Black Hat USA conference, by the US Federal Trade Commission. The Commission, which aims to protect consumers, has also been looking at IoT security and come to several similar conclusions – notably that manufacturers should disclose a minimum period for security support so that consumers can understand how long a device is intended to work.

Source: https://blog.gemalto.com/iot/2017/09/28/building-a-case-for-legislating-iot-security/

Author: Sophie Bessin-Py


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DDL Pilot Goes Live in Maryland and Washington DC

Category : Gemalto

Gemalto’s live pilot for digital driver’s licenses is progressing quickly after a successful phase one launch in Colorado in July.

Our DDL team recently spent an action-packed four days with eager pilot participants in Maryland and Washington D.C.

As the DDL pilot expanded eastward, we were able to apply digital driver’s license technology in a number of real-world settings and collect feedback from several new use-cases.

Checking out DDL at Bay Ridge Wine & Spirits in Maryland

​​The pilot kicked off at Bay Ridge Wine & Spirits, a quaint family-owned and run liquor store in Annapolis, MD.

After decades specializing in fine wine, beer, and spirits, Bay Ridge has evolved into a customer-focused, community-minded small businesses leader in the region. Their team was focused on learning all they could about DDL technology, as we talked through their daily challenges with verifying IDs for proof of age and what impact a DDL could have on this process.

Learn the four main use cases of DDL in our infographic.

Pilot participants from Maryland and DC stopped by to test the technology from the user’s perspective with their smartphone-based DDLs. The friendly “Brew Crew” associates conducted multiple ID checks and were surprised by how fast and easy verifying a customer’s age with a DDL proved to be.

DDL Pilot tests age verification scenario at a liquor store in Maryland

The favorable response from a trusted local establishment spoke volumes about the eagerness to adopt cutting-edge technologies like DDL in the area. Applying a digital driver’s license solution in a real-world setting showed just how convenient and secure a quick stop at your favorite liquor store can be.

Testing DDL with Law Enforcement in Maryland

The next two days of Maryland’s DDL pilot enlisted the help of the Maryland Transportation Authority Police and a group of willing test drivers for a series of simulated roadside traffic stops.

The MDTA Police, who are responsible for law enforcement at the state’s highways, tunnels and bridges, BWI Airport, and at the Port of Baltimore, was able to engage DDL technology in a number of common cases where driver identification is required.

Instead of drivers turning over a plastic license to the police officer when they’ve been pulled over, pilot participants were equipped with individual digital driver’s licenses on their mobile devices, and officers were able to verify the drivers’ records electronically.

Law Enforcement test out the DDL Pilot for ID verification in Maryland

It was a win-win in terms of security and efficiency because drivers did not have to part with their secured documents – or in the case of a DDL, with their mobile phones – and officers had a quick and reliable platform to verify license credentials.

Nobody likes getting pulled over, but DDL pilot users and the MDTA officers were all smiles during the test, having proved that the verification process was both simple and effective for law enforcement and driver’s alike.

Game on with casino verification in Maryland

The next stop for the DDL pilot team was at Maryland Live! Casino, a 24/7 casino and entertainment complex with thousands of games and classic decor.

​Here, Marylanders and DC pilot participants were able to explore the benefits of DDL technology firsthand by verifying their proof-of-age electronically, instead of using a traditional plastic licenses to enter the venue.

In Maryland, DDL Pilot tests age verification for casino admittance

DDL pilot participants were equipped with an individual digital credential on their mobile device, which offered users the privacy of displaying the personal information that is relevant for age verification, instead of all the information that is normally visible when you hand over a plastic driver’s license or ID.

In age-restricted establishments like Maryland Live! Casino, venue employees and DDL pilot users alike appreciated the innovative, secure, and efficient way to verify customer’s proof-of-age so they can quickly and easily enter the facility and start having some fun!

Slidi​ng into home at Oriole Park

To round out the week’s activity in Maryland, the DDL team was hosted by the Baltimore Orioles at their beautiful ballpark at Camden Yards.

Partnering with the Maryland Department of Transportation for their annual employee game night, we set up a booth-style demonstration area to give the nearly 27,000 ballgame attendees a sneak peek at the DDL technology we’ve been testing during this pilot.

Baseball fans in Maryland use a digital driver’s license during the DDL Pilot

We allowed fans – Orioles and Astros alike – who were passing by to use sample credentials on demo phones to simulate the age verification process using a digital driver’s license. We then gathered feedback through our onsite response surveys and talked through the future use-cases with many interested parties.

We heard all kinds of perspectives, from both Marylanders and out-of-towners, and overall felt a strong sense of excitement for the technology with many people asking when they could get their own DDL.

Though the Orioles did not manage to pull out a win over the top-ranked Houston Astros, the DDL team finished the week batting 1000 with a fantastic evening at Oriole Park!

Source: https://blog.gemalto.com/government/2017/09/26/ddl-pilot-live-maryland-washingtondc/

Author: Tiffany Conway


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The Blockchain Bubble, Identifying viable opportunities for blockchain

Category : Gemalto

Blockchain technology is popping up everywhere from the currency market to smart contracts. The growth in the technology is evident from the investments being made, for example, PwC estimated that in the last nine last nine months of 2016, $1.4 billion had been invested globally in blockchain startups. This stems from its potential to enable efficiencies and cost-saving opportunities based on moving to a decentralized approach and away from the current centralized systems. With all the hype around blockchain, companies need to cut through the hype and ask the question – when does blockchain actually make business sense?

Blockchain is not a silver bullet and cannot solve every problem. There is also the added complexity of managing the security of many distributed nodes can only be justified by gaining business benefits from using blockchain. In this webinar, we will look at a business qualifying approach to blockchain to help you evaluate valid blockchain use cases and identify the security needs surrounding blockchain operations. Join us to learn more on:
•Securing blockchain from the edge to the core
•The operational benefits and pitfalls of blockchain technology
•Our 4 step qualification process for blockchain business opportunities:
1.Is there an established business process?
2.Are there more 3 parties involved – i.e. is it a distributed problem?
3.Is it important that the data being exchanged is trusted and considered to be factually accurate?
4.Would automation improve the performance of the process?

Live online Sep 26 11:00 am United States – New York
or after on demand 60 mins

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Five IoT gadgets to take on your next holiday

Category : Gemalto

It’s the beginning of September, and even though you might have just come back from your summer holiday, the back-to-work blues are enough reason to start planning your next adventure. In a previous post we looked into the top smart cities to visit if you are an IoT enthusiast. Now let’s see which are the best IoT gadgets to take on your next holiday.

Whether it’s something to keep you occupied while travelling, keep you dry on a rainy day or let your transfer your holiday photos with ease, here’s our rundown of some of the best connected travel tech.

A connected suitcase

Let’s start with one of the most essential things for your journey – your suitcase! The Bluesmart suitcase has a built-in GPS chip that lets you track it anywhere in the world, so you don’t need to worry about your luggage going missing anymore. It’s controlled by a smartphone app, which is great as long as your phone doesn’t run out of battery. Which it won’t since the smart suitcase contains a built-in power bank that has the capacity to charge your phone up to six times.

And that’s not everything. This suitcase has a built-in scale which will notify you if you’re exceeding your airline’s luggage allowance. So no more surprise repacking at the airport!

A connected SD card

The last thing you want to do when you’re on a holiday is transferring photos from one device to another, faffing around with memory cards, cameras and laptops, when you could be spending longer at the beach or extend your visit at the museum.

Mobi have created a great solution for this – an SD card with built in WiFi, which you can connect to an app on your smart device. The Eyefi Mobi SD card functions like a regular SDHC card, works on most cameras and thanks to the built-in WiFi, it pairs your camera to your phone, tablet or laptop where the images appear instantly.

Basically, this smart memory card means no more swapping cards, no cables and no emailing photos to yourself to view on your device, wherever you are in the world, as they will already be there.

A smart bikini!?

We all know that spending too much time in the sun can be dangerous, but keeping track of the time and remembering when to reapply sunscreen can also be tough.

But you needn’t worry any longer, since the Neviano UV Connect smart bikini includes a built-in UV sensor that connects to an app on your smartphone. The app can tell you when you’ve been in the sun for too long, allowing you to take a break. It even allows you to send a message to a partner or friend to let them know they need to reapply sunscreen.

An intelligent umbrella

Whenever you go on holiday, chances are that it might rain. But did you know that there is an umbrella that can send weather alerts to your phone? Wezzoo’s smart umbrella – Oombrella, will make sure you never step out into the rain unprepared again. It comes with a little capsule attached to the end of the handle, which has four sensors to measure temperature, humidity, air pressure and sunlight. The sensors communicate with your phone via Bluetooth and will send you an alert if it’s going to rain.

It’s helpful in other ways too. If you accidentally leave it at a bar or a restaurant, it can send its last known location to your phone. And when you’re getting a phone call, a buzzer and light inside the handle let you know.

And finally… a smart grill for the perfect barbeque

Nothing says holidays quite like a barbeque on a sunny day. Now connected technology means your cooking can be as perfect as the weather, with the iGrill from Weber. A Bluetooth thermometer is added to the grill, and then communicates with your smartphone to give you accurate, real-time information on the temperature of your food so you can ensure a perfect meal every time – and impress all of your friends!

With those five suggestions in mind, we hope you’re ready to pack your bag and go smart on your next getaway. What do you think of our suggestions?


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