Identiv, Inc. (Nasdaq:INVE), a global security technology company
that provides trusted identity solutions for premises, information,
and everyday items, today announced that CCV Deutschland, a German
provider of electronic payment products and electronic payment
processing, has partnered with Identiv Labs to develop a complete
solution for unattended contactless payments.
The global payment market is undergoing historic change with the
implementation of secure contactless micropayments in new forms of
credentials from contactless credit cards to mobile devices,
enabled with technologies such as Apple Pay, Google Wallet, and
Softcard.
CCV used Identiv Labs to design, develop, and produce a family
of network-connected frontend contactless readers. The resulting
CCV solution provides quick and convenient payments at vending
machines and other highly frequented point of sales (POS), such as
fast-food restaurants, kiosks, coffee vendors, and parking and
public transit tickets in extremely busy areas, like airports and
subway stations.
The new solution significantly boosts efficiency at the POS with
quick and simple payments, without the need for paper money, coins,
or additional authorization, like a signature or pin. Additionally,
the new solution accepts next-generation NFC payment through
smartphones. CCV's contactless payment solution is currently live
with numerous customers, including restaurants, toll booths, public
transit ticket machines, and vending machines.
"By working with Identiv Labs, CCV has access to experts in
multiple fields, such as contactless readers and RFID, enabling us
to create a customized solution and quickly go to market," said
Christine Bauer, director of sales and marketing at CVV
Deutschland. "Now, customers using this new solution will have
access to state-of-the-art payment methods, like NFC smartphones,
leading to higher revenue, quicker transactions, and less
queuing."
For organizations looking for a one-stop solution service,
Identiv Labs provides the facility, talent, and materials required
to rapidly bring new products to market. Identiv supplied CCV with
the required contactless reader modules, certified to EMV level 1,
for its level 2-certified micropayment solution. The modules are
compatible with Identiv's uTrust TS Readers, enabling customers in
commercial, government, and consumer markets to leverage a range of
existing credentials for closed loop payments.
"Through Identiv Labs, CCV was able to engage Identiv's
extensive experience in NFC contactless technology, security,
privacy, and connected devices in the Internet of Things (IoT) to
bring to market a fully EMV-certified solution," said Jason Hart,
Identiv CEO. "The collaboration leveraged the best-of-breed skills
of each organization to launch a contactless micropayment solution.
This solution addresses markets from unattended kiosks to
retailers, implementing a rapid, cost-effective modern payment
infrastructure."
Identiv Labs is bringing customer innovations to life. To learn
more about Identiv Labs, visit identivlabs.com or email
labs@identiv.com.
About Identiv
Identiv is a global security technology company that establishes
trust in the connected world, including premises, information, and
everyday items. CIOs, CSOs, and product departments rely upon
Identiv's trusted identity solutions to reduce risk, achieve
compliance, and protect brand identity. Identiv's trust solutions
are implemented using standards-driven products and technology,
such as digital certificates, trusted authentication, mobility, and
cloud services. For more information, visit identiv.com.
About CCV Deutschland
CCV Deutschland is an innovative and future-oriented provider of
electronic transaction processing solutions approved to
international and national standards such as PCI, EMC, DK, and
gematik. With its wide range of hardware and the server-based
solution acCEPT, CCV can guarantee retail trade, chain stores, and
major retailers cost savings and greater efficiency at the point of
sale. For integrators in the cash register and mineral oil sector,
CCV offers state-of-the-art in-house developments for indoor and
outdoor applications. To ensure this, the company maintains close
contact with network providers, commerce, security committees, and
experts in the industry. CCV Deutschland is part of the CCV Group,
based in Arnheim, NL, and has over 500,000 terminals in operation
in the Benelux countries, Switzerland, and Germany. For more
information, visit ccv-deutschland.de.
CONTACT: Identiv Media Contacts:
Angela Lestar/David Sikorski
MSLGROUP
781-684-0770
identiv@mslgroup.com
Investor Relations Contacts:
David Isaacs/Leah Polito
Sard Verbinnen & Co
415-618-8750
identiv-IR@sardverb.com
Grafico Azioni Innovaro (AMEX:INV)
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Grafico Azioni Innovaro (AMEX:INV)
Storico
Da Gen 2024 a Gen 2025