Word: gemplus
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...thirds of the world's smart cards, a $12 billion business set to explode as companies discover the limits of the familiar magnetic-strip card, which can hold relatively little information and is not nearly as secure for e-commerce. Jean-Marc Giry, vice president for strategic marketing at Gemplus, one of three French firms that dominate the world market for smart-card banking applications, expects most U.S. banks and credit-card companies to begin issuing smart cards this year...
...companies on the list from the smart-card sector are Gemplus and a smaller German firm, ASG. They are both well positioned to cash in on the mobile-commerce craze, says Caroline Martin, an e-commerce analyst in the London office of Datamonitor. So-called SIM cards are already present in all European mobile phones to identify users for billing purposes. Once new phones with wireless Internet access come on the market, these smart cards will be used to encrypt a consumer's credit details and send them securely to merchants over the Internet...