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    Breaking News

    STMicroelectronics, Fidesmo Bring Secure Contactless Transactions to Wearables

    Companies develop complete payment system-on-chip with proprietary NFC-boost technology.

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    10.18.18
    STMicroelectronics and Fidesmo have created a turnkey active solution for secure contactless payments on smartwatches 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.
     
    “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.”
     
    “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,” said Mattias Eld, CEO of Fidesmo.
     
    Kronaby, the Malmö, Sweden-based hybrid smart-watch maker, has embedded the STPay-Boost chip in its portfolio of men’s and women’s smartwatches 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.

    “We have achieved an intuitive and seamless user experience leveraging the ability to communicate with the Secure Element in the watch using Bluetooth,” Jonas Morän, global product manager at Kronaby, said. “In addition, the ST/Fidesmo chip’s boosted wireless performance and compact size gives us the extra freedom to style our watches to maximize their appeal in our target markets.”
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      10.02.18

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      Xiaomi’s Latest Mi8 Phones Integrate STMicroelectronics’ FingerTip Controller

      FingerTip’s main processor implements a 32-bit ARM Cortex-M3 core.
      09.28.18

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      STMicroelectronics, Leti Develop GaN-on-Silicon Technology for Power Conversion Applications

      IHS Markit: Market estimated to grow at a CAGR of more than 20 percent from 2019 to 2024.
      09.25.18


    • Breaking News | Displays and Lighting | Research Reports
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      North America was the highest contributor to the global market with $45.72 billion in 2017.
      09.12.18

    • Breaking News | Research Reports | Sensors and Wearables

      IDC: Worldwide Wearables Market Ticks Up 5.5%

      Market grew 8.3% year-over-year to $4.8 billion in 2Q18, led by emerging markets.
      09.06.18

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